NOT LISTED FOR SALE

Estimated Value: $109,000 - $127,000

2 Beds
-- Bath
776 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $44,900 $58 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $812/month

58 Days on Market

About This Home

As of September 2019

Home is currently set up as a Duplex with two rental units w/ 2 bed & 1 bath each unit and 2 car detached garage. Property could make a great addition to your investment portfolio, or make a great personal residence that generates income on the other side. House was built in 1880 and is in good condition for its age and just needs a little modernizing.

Last Agent to Sell the Property

Randy Placencia

Red Bridge Real Estate License #RB14045562 Listed on: 07/02/2019

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,703 Sq Ft Lot

Community Details

  • Rosemont Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for notapplic
  • Assessor Parcel Number 491109125018000901

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1880
  • Lot Size Acres: 0.085
  • Subdivision Name: ROSEMONT
  • Inspection Warranties: Other
  • Property Description: Home is currently set up as a Duplex with two rental units w/ 2 bed & 1 bath each unit and 2 car detached garage. Property could make a great addition to your investment portfolio, or make a great personal residence that generates income on the other side. House was built in 1880 and is in good condition for its age and just needs a little modernizing.
  • Transaction Type: Lease
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 44900

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491109125018000901
  • Acres: <1/4 Acre
  • Lot Information: Other
  • Lot Number: 17
  • Lot Size: 3,703

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas
  • Lease Price: 44900.00

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1396
  • Semi Annual Property Tax Amt: 698
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 18, 2019
Sold by
Indiana Luxury Homes Inc
Bought by
Diaz Carlos Jacobo
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$47,900
Sold Price
$44,900
Premium/Discount to List
-$3,000
-6.26%
Current Estimated Value
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,100
Avg. Annual Appreciation
19.12%
Original Mortgage
$26,940
Outstanding Balance
$23,904
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$101,953

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 17, 2019
Sold by
Simple Quarters Llc
Bought by
Indiana Luxury Homes Inc
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$47,900
Sold Price
$44,900
Premium/Discount to List
-$3,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,940
Outstanding Balance
$23,904
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$101,953

Purchase Details

Closed on
Jun 21, 2019
Sold by
Lilly James F and Spears Dennis Wayne
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Peterson Jackie
Bought by
Lilly James F and Spears Dennis Wayne
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
Diaz Carlos Jacobo $44,900 Hocker Title
Indiana Luxury Homes Inc -- None Available
Simple Quarters Llc $22,500 Monument Title Insurance Compa
Lilly James F -- --
Lilly James F -- None Available
Lilly James F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Carlos Jacobo $26,940
Previous Owner Simple Quarters Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $44,900 0.0% $58 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $44,900 -6.3% $58 / Sq Ft
07/26/2019 07/26/19 For Sale $47,900 0.0% $62 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $47,900 -- $62 / 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 $1,987 $142,600 $2,500 $140,100
2023 $1,987 $131,200 $2,500 $128,700
2022 $1,900 $131,200 $2,500 $128,700
2021 $1,267 $84,400 $2,500 $81,900
2020 $1,082 $71,800 $2,500 $69,300
2019 $1,049 $68,600 $2,500 $66,100
2018 $1,522 $58,600 $2,500 $56,100
2017 $1,396 $59,900 $2,500 $57,400
2016 $1,227 $53,200 $2,500 $50,700
2014 $1,029 $47,600 $2,500 $45,100
2013 $1,025 $49,300 $2,500 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21651892

MIBOR Broker Listing Cooperative®

APN: 49-11-09-125-018.000-901