Seller's Agent in 2025
Will Lonnemann
F.C. Tucker Company
(317) 686-0612
7 in this area
340 Total Sales
3312 W 58th St Indianapolis, IN 46228
Snacks/Guion Creek Neighborhood
5
Beds
2
Baths
1,274
Sq Ft
0.52
Acres
Highlights
- 0.52 Acre Lot
- Mature Trees
- Corner Lot
- North Central High School Rated A-
- Ranch Style House
- 2 Car Attached Garage
About This Home
As of June 2025Excellent Investment Opportunity in Washington Township - Duplex on Spacious Corner Lot Located in a highly convenient area of Indianapolis, this duplex presents a fantastic investment opportunity. Situated on a generous half-acre corner lot, the property includes two separately metered units with private entrances: 3312 W 58th St and 5807 Downing Dr. The larger unit at 3312 W 58th St offers 3 bedrooms, 1 bathroom, a 2-car garage, and a fenced backyard-ideal for families or long-term tenants. The smaller unit at 5807 Downing Dr features 2 bedrooms, 1 bathroom, a private driveway, and a side yard. Both units are currently leased to reliable, long-term tenants on month-to-month agreements. Rents are currently below market value-$900 for 3312 W 58th St and $500 for 5807 Downing Dr-leaving plenty of room for upside with modest cosmetic updates. Whether you're expanding your rental portfolio or seeking a flexible, income-producing property, this is a smart addition in a sought-after location. Minimum 24-hour notice required for all showings; subject to tenant approval and availability.
Last Agent to Sell the Property
F.C. Tucker Company Brokerage Email: Will@LonnemannTeam.com License #RB14045710 Listed on: 05/05/2025
Co-Listed By
The Agency Indy Brokerage Email: Will@LonnemannTeam.com License #RB16001719
Last Buyer's Agent
Todd Cook
Keller Williams Indy Metro S
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,284
Year Built
- Built in 1957
Lot Details
- 0.52 Acre Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Ranch Style House
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Crawl Space
Community Details
- Town & Country Estates Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for insurance, taxes
- Tax Lot 8039319
- Assessor Parcel Number 490604103012000800
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Jun 16, 2025
Sold by
Frierson Mershard and Hemphill-Frierson Charity
Bought by
Waterman Angelina and Waterman Dean
Seller's Agent
Will Lonnemann
F.C. Tucker Company
Buyer's Agent
Todd Cook
Keller Williams Indy Metro S
List Price
$300,000
Sold Price
$278,157
Premium/Discount to List
-$21,843
-7.28%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,859
Avg. Annual Appreciation
13.77%
Original Mortgage
$250,341
Outstanding Balance
$249,658
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$38,358
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,341 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $278,157 | -7.3% | $218 / Sq Ft | |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- | |
| 05/05/2025 05/05/25 | For Sale | $300,000 | 0.0% | $235 / Sq Ft | |
| 03/12/2014 03/12/14 | Rented | $900 | 0.0% | -- | |
| 03/12/2014 03/12/14 | Under Contract | -- | -- | -- | |
| 01/21/2014 01/21/14 | For Rent | $900 | 0.0% | -- | |
| 09/27/2013 09/27/13 | Sold | $140,000 | 0.0% | $110 / Sq Ft | View Prior Sale |
| 08/18/2013 08/18/13 | Pending | -- | -- | -- | |
| 08/04/2013 08/04/13 | For Sale | $140,000 | -- | $110 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,849 | $196,900 | $28,300 | $168,600 |
| 2023 | $2,849 | $177,600 | $28,300 | $149,300 |
| 2022 | $2,474 | $161,200 | $28,300 | $132,900 |
| 2021 | $2,306 | $143,300 | $21,400 | $121,900 |
| 2020 | $2,088 | $138,000 | $21,400 | $116,600 |
| 2019 | $1,832 | $130,900 | $21,400 | $109,500 |
| 2018 | $1,559 | $117,600 | $21,400 | $96,200 |
| 2017 | $1,550 | $118,500 | $21,400 | $97,100 |
| 2016 | $1,436 | $116,700 | $21,400 | $95,300 |
| 2014 | $1,168 | $112,500 | $21,400 | $91,100 |
| 2013 | $1,140 | $108,100 | $21,400 | $86,700 |
Source: Public Records
Agents Affiliated with this Home
-
Will Lonnemann
-
Becky Douglas
Seller Co-Listing Agent in 2025
Becky Douglas
The Agency Indy
(317) 946-6562
2 in this area
34 Total Sales
-
T
Buyer's Agent in 2025
Todd Cook
Keller Williams Indy Metro S
-
Jake Johnson
J
Seller's Agent in 2014
Jake Johnson
Redfin Corporation
-
Cory Danner
Seller Co-Listing Agent in 2014
Cory Danner
Kirk Realty Group, LLC
(317) 956-2492
1 in this area
36 Total Sales
-
J
Seller's Agent in 2013
JD Holly
Assist-2-Sell
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22036781
APN: 49-06-04-103-012.000-800
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.
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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