NOT LISTED FOR SALE

330 S Warman Ave Indianapolis, IN 46222

West Indianapolis Neighborhood

Estimated Value: $58,000 - $180,000

2 Beds
-- Bath
1,008 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $33,000 $33 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $907/month

245 Days on Market

About This Home

As of July 2020

TRI-PLEX Unit 2 is rented for $475 per month each and unit 1 & 3 are currently vacant. Property does need some work. Tenants pay their own gas and electric bills - owner pays water and sewer. Lots of money to be made!

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 10/20/2019

Last Buyer's Agent

Jessica Montalvo

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,703

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 3,703 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • The owner pays for taxes, sewer, water
  • Assessor Parcel Number 491109125010000901

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1900
  • Lot Size Acres: 0.085
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Property Description: TRI-PLEX Unit 2 is rented for $475 per month each and unit 1 & 3 are currently vacant. Property does need some work. Tenants pay their own gas and electric bills - owner pays water and sewer. Lots of money to be made!
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1324
  • Laundry: Common

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 37500

Garage/Parking

  • Unit Parking: On Street,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1820
  • Insurance Expenses: 620

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491109125010000901
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Curbs,Sidewalks
  • Lot Number: 520
  • Lot Size: 3,703

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 8198
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1464
  • Semi Annual Property Tax Amt: 732
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2019
Closed on
Jun 30, 2020
Sold by
330 S Warman Avenue Llc
Bought by
Gonzalez Jose Ruben Campos
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Jessica Montalvo
RE/MAX Advanced Realty
List Price
$59,900
Sold Price
$33,000
Premium/Discount to List
-$26,900
-44.91%
Current Estimated Value
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,000
Avg. Annual Appreciation
30.18%

Purchase Details

Closed on
Apr 14, 2017

Purchase Details

Closed on
Apr 5, 2017
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
Gonzalez Jose Ruben Campos $33,000 Monument Title
-- $54,000 --
330 S Warman Ave Llc $54,000 Paramount Title Agency
-- $32,000 --
Flipping Out Llc $32,000 Paramount Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $33,000 -12.0% $33 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $37,500 -37.4% $37 / Sq Ft
06/17/2020 06/17/20 For Sale $59,900 0.0% $59 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $59,900 -4.2% $59 / Sq Ft
05/17/2020 05/17/20 Price Changed $62,500 -3.8% $62 / Sq Ft
03/11/2020 03/11/20 For Sale $65,000 0.0% $64 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/20/2019 10/20/19 For Sale $65,000 -- $64 / 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 $3,271 $142,700 $2,500 $140,200
2023 $3,271 $131,500 $2,500 $129,000
2022 $3,184 $131,500 $2,500 $129,000
2021 $2,051 $82,500 $2,500 $80,000
2020 $1,756 $69,500 $2,500 $67,000
2019 $1,700 $65,900 $2,500 $63,400
2018 $1,465 $55,500 $2,500 $53,000
2017 $1,349 $56,900 $2,500 $54,400
2016 $1,176 $49,900 $2,500 $47,400
2014 $958 $44,300 $2,500 $41,800
2013 $1,158 $55,700 $2,500 $53,200
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2020

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    7 in this area

    277 Total Sales

    Charlene Gaard
    Section Image

  • J

    Buyer's Agent in 2020

    Jessica Montalvo

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21674809

MIBOR Broker Listing Cooperative®

APN: 49-11-09-125-010.000-901

Indiana Marion County Indianapolis 46222 West Indianapolis

330 S Warman Ave, Indianapolis, IN

This home is located at 330 S Warman Ave, Indianapolis, IN 46222 since 20 October 2019 and is currently estimated at $119,000, approximately $118 per square foot. This property was built in 1900. 330 S Warman Ave is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School No. 721, 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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