NOT LISTED FOR SALE

3255 Collier St Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $114,000 - $158,000

2 Beds
-- Bath
1,378 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 24, 2015

Last sale price $65,000 $47 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $977/month

267 Days on Market

About This Home

As of June 2015

Do the math! Where can you get that rate of return on your money? OR... living in it pays for it. Either way what a great investment. This double has just been fully remodeled. Currently no tenants so you can decide to either live in it or rent it. Ready for immediate showing. Better scoop this one up right away.

Last Agent to Sell the Property

Scott Veerkamp

My Agent Listed on: 07/21/2014

Co-Listed By

Richard Greenfield

Keller Williams Indy Metro S

Last Buyer's Agent

Scott Veerkamp

My Agent Listed on: 07/21/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 60 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Community Details

  • Mars Hill Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, insurance, lawncare
  • The owner pays for no utilities
  • Tax Lot 952
  • Assessor Parcel Number 491129111150000200

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1950
  • Building Area Total: 1378
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: Mars Hill
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.myagentcafe.com
  • Conversion: No
  • MBR_AttributionContact: scott@propertypogo.com
  • Special Features: VirtualTour

Interior Features

  • Levels: Basement, One
  • Owner Pays: None, No Utilities
  • Upper Level Sq Ft: 0
  • SqFt Total: 1378

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 70000

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

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

Fee Information

  • Expenses: 2520

Lot Info

  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Lot Size Sq Ft: 60
  • Parcel Number: 491129111150000200
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities, Insurance, Lawncare

Multi Family

  • Net Operating Income: 11880
  • Gross Income: 14400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2012
  • Tax Lot: 952
  • Semi Annual Property Tax Amt: 1006
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Joe King
Bought by
Really Good Deeds Llc
Current Estimated Value
$136,000

Purchase Details

Closed on
Dec 30, 2021
Sold by
Joe King
Bought by
Really Good Deeds Llc

Purchase Details

Closed on
Sep 5, 2019
Sold by
Hunt Ronald
Bought by
King Joe

Purchase Details

Listed on
Jul 21, 2014
Closed on
Jun 24, 2015
Sold by
Smalling Veronica
Bought by
Hunt Ronald
Seller's Agent
Scott Veerkamp
My Agent
Buyer's Agent
Scott Veerkamp
My Agent
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$63,822
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2005
Sold by
Mears Roger L
Bought by
Smalling Veronica
Source: Public Records

Range of Values:

Collateral Analytics

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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
Really Good Deeds Llc -- None Listed On Document
Really Good Deeds Llc -- None Listed On Document
King Joe $72,000 Investors Title Service, Inc
Hunt Ronald -- Hamilton National Title Llc
Smalling Veronica -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunt Ronald $63,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2015 06/24/15 Sold $65,000 -7.1% $47 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
07/21/2014 07/21/14 For Sale $70,000 -- $51 / 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 $3,075 $139,100 $5,700 $133,400
2023 $3,075 $131,500 $5,700 $125,800
2022 $2,948 $127,100 $5,700 $121,400
2021 $1,855 $76,500 $5,700 $70,800
2020 $1,837 $80,700 $5,700 $75,000
2019 $1,238 $80,700 $5,700 $75,000
2018 $1,185 $77,300 $5,700 $71,600
2017 $1,140 $75,900 $5,700 $70,200
2016 $1,120 $75,000 $5,700 $69,300
2014 $1,606 $70,500 $5,700 $64,800
2013 -- $70,500 $5,700 $64,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scott Veerkamp

    My Agent

    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Richard Greenfield

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21305157

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-150.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

3255 Collier St, Indianapolis, IN

This home is located at 3255 Collier St, Indianapolis, IN 46221 since 21 July 2014 and is currently estimated at $136,000, approximately $98 per square foot. This property was built in 1950. 3255 Collier St is a home located in Marion County with nearby schools including Gold Academy, Decatur Middle School, and Decatur Central 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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