NOT LISTED FOR SALE

3245 N College Ave Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $233,083 - $334,000

2 Beds
-- Bath
832 Sq Ft
$358/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $74,900 $90 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,932/month

37 Days on Market

About This Home

As of September 2014

Spacious and nice all brick duplex located in one of the strongest rental markets in the city. Updates include new windows, all new mechanicals, and updated kitchens. Hardwoods and original wood work throughout both units. Off street parking. Priced right so new owner can have a cash flowing investment property to add to the portfolio.

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC Listed on: 07/25/2014

Compass Indiana, LLC

Last Buyer's Agent

Eric Baiz

F.C. Tucker Company License #RB14030445

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405

Parking

  • Alley Access

Home Design

  • 832 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Osgoods Forest Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Tax Lot 200
  • Assessor Parcel Number 490624127002000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1920
  • Building Area Total: 1248
  • Lot Size Acres: 0.17
  • Structure Type: Duplex
  • Subdivision Name: Osgoods Forest Park
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: kyle@soldwithkyle.com
  • Special Features: None

Interior Features

  • Living Area: 832
  • Owner Pays: No Utilities
  • Upper Level Sq Ft: 832
  • SqFt Total: 1248

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 74900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,2 Car Space

Utilities

  • Utilities: Cable Available, Gas Nearby, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Busline
  • Additional Parcels: No
  • Parcel Number: 490624127002000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 17400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2274
  • Tax Lot: 200
  • Semi Annual Property Tax Amt: 1137
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 11, 2014
Sold by
Phase I Investments Llc
Bought by
Bilek Robert and Bilek Sarah Grace Carney
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Eric Baiz
F.C. Tucker Company
List Price
$74,900
Sold Price
$74,900
Current Estimated Value
$298,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,128
Avg. Annual Appreciation
13.49%
Original Mortgage
$59,920
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Williams Abby J and Williams Kyle A
Bought by
Phase I Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2012
Sold by
Williams Kyle A
Bought by
Phase 1 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Forum Credit Union
Bought by
Williams Kyle A and Williams Abby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2009
Sold by
Ragucci Anthony and Kimberly Terry
Bought by
Forum Credit Union Of Indianapolis

Purchase Details

Closed on
Feb 14, 2007
Sold by
Copa Llc
Bought by
Ragucci Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1996
Sold by
Sellick Jacqueline E
Bought by
First City Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bilek Robert -- None Available
Phase I Investments Llc -- --
Phase 1 Investments Llc -- --
Williams Kyle A -- None Available
Forum Credit Union Of Indianapolis $31,500 None Available
Ragucci Anthony -- Stewart Title
First City Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilek Robert $30,000
Open Bilek Robert $206,292
Closed Bilek Robert $59,920
Previous Owner Phase I Investments Llc $635,000
Previous Owner Williams Kyle A $57,500
Previous Owner Ragucci Anthony $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $74,900 0.0% $90 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $74,900 -- $90 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,738 $231,500 $37,500 $194,000
2023 $3,738 $225,900 $37,500 $188,400
2022 $3,332 $208,900 $37,500 $171,400
2021 $1,778 $115,600 $5,000 $110,600
2020 $1,589 $103,200 $5,000 $98,200
2019 $1,579 $101,000 $5,000 $96,000
2018 $1,473 $93,200 $5,000 $88,200
2017 $1,213 $85,600 $5,000 $80,600
2016 $1,142 $82,800 $5,000 $77,800
2014 $1,324 $94,000 $5,000 $89,000
2013 $1,871 $104,000 $5,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kyle Williams

    Compass Indiana, LLC

    Section Image
  • Eric Baiz

    Buyer's Agent in 2014

    Eric Baiz

    F.C. Tucker Company

    (317) 626-6364

    3 in this area

    23 Total Sales

    Eric Baiz
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21305939

MIBOR Broker Listing Cooperative®

APN: 49-06-24-127-002.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

3245 N College Ave, Indianapolis, IN

This home is located at 3245 N College Ave, Indianapolis, IN 46205 since 25 July 2014 and is currently estimated at $298,028, approximately $358 per square foot. This property was built in 1920. 3245 N College Ave is a home located in Marion County with nearby schools including Elder W. Diggs School 42, Northwest Middle School, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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