$120,000
SOLD MAY 16, 2025
4 Beds
2 Baths
1,136 Sq Ft
2,788 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

21% Below List Price

19 Days on Market

About This Home

As of May 2025

Discover the potential of this well-located duplex offering two units, featuring two spacious units, each with large bedrooms, this property offers plenty of living space and potential. While it needs some updating, it offers a great opportunity for investors or owner-occupants looking to generate rental income. Schedule your showings now!

Last Agent to Sell the Property

Denis O'Brien

Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB14047311 Listed on: 03/28/2025

Keller Williams Indy Metro S

Co-Listed By

Joshua Rixner

Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB22000792

Last Buyer's Agent

Jessica Williams

eXp Realty, LLC License #RB20002137

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,610

Year Built

  • Built in 1919

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Brookside School 54 Elementary School
  • Arsenal Technical High School

Additional Features

  • 1.5-Story Property
  • 2,788 Sq Ft Lot
  • Property is near a bus stop
  • Basement

Community Details

  • Adams George F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491005223049000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,610

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1919
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 0.06
  • Structure Type: Duplex
  • Subdivision Name: Adams George F
  • Transaction Type: Sale
  • Website: www.isgpropertycollection.com
  • Conversion: No
  • Price Unit: 60000
  • MBR_AttributionContact: denisobrien.kw@gmail.com
  • Attribution Contact: denisobrien.kw@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One and One Half
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 152700
  • Road Access: Access Rd

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Busline, Sidewalks
  • Current Use: Residential
  • Lot Size Sq Ft: 2788
  • Parcel Number: 491005223049000101
  • Acres: <1/4 Acre
  • Price Acre: 2000000

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2610
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1305

MLS Schools

  • Elementary School: Brookside School 54
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 16, 2025
Sold by
Lb Ventures Llp
Bought by
Cbus Real Estate Llc
Seller's Agent
Denis O'Brien
Keller Williams Indy Metro S
Buyer's Agent
Jessica Williams
eXp Realty, LLC
List Price
$152,700
Sold Price
$120,000
Premium/Discount to List
-$32,700
-21.41%
Views
27
Current Estimated Value
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
66.00%
Original Mortgage
$138,700
Outstanding Balance
$116,215
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$22,785

Purchase Details

Closed on
Feb 1, 2024
Sold by
Power House Holdings Llc
Bought by
Lb Ventures Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,633
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2024
Sold by
Fry Elizabeth Delme
Bought by
House Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,633
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Wells Fargo Bank Na
Bought by
Sturtz Fry Elizabeth Delme

Purchase Details

Closed on
Dec 4, 2006
Sold by
Whitney Raymond
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Dec 27, 2004
Sold by
Carter Invesments
Bought by
Whitney Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
9.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Near North Title Group
Special Warranty Deed $85,000 None Listed On Document
Warranty Deed $85,000 --
Special Warranty Deed -- Investors Titlecorp
Sheriffs Deed $45,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,700 Construction
Previous Owner $111,633 New Conventional
Previous Owner $76,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $120,000 -21.4% $106 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $152,700 0.0% $134 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $152,700 -- $134 / 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 $2,710 $117,200 $3,800 $113,400
2023 $2,710 $110,000 $3,800 $106,200
2022 $3,006 $106,000 $3,800 $102,200
2021 $2,217 $91,800 $3,800 $88,000
2020 $2,183 $78,300 $1,500 $76,800
2019 $1,808 $72,500 $1,500 $71,000
2018 $1,441 $56,500 $1,500 $55,000
2017 $1,264 $55,100 $1,500 $53,600
2016 $1,345 $42,300 $1,500 $40,800
2014 $737 $34,100 $1,500 $32,600
2013 $709 $34,100 $1,500 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22029457

MIBOR Broker Listing Cooperative®

APN: 49-10-05-223-049.000-101