NOT LISTED FOR SALE

35 S Sherman Dr Indianapolis, IN 46201

Christian Park Neighborhood

Estimated Value: $110,000 - $138,152

2 Beds
-- Bath
652 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $62,500 $96 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $936/month

1 Day on Market

About This Home

As of August 2019

Check out this duplex on Indy’s east side. This property had 1 bed and 1 bath on each side. All utilities are separately metered and Tenants pay all utilities! #37 side is rented month-to-month. Property is close to just about everything Indy has to offer. Nice 2 car garage. Great Cash Flow opportunity!

Last Agent to Sell the Property

Cody Studebaker

F.C. Tucker Company License #RB15000343 Listed on: 06/05/2019

F.C. Tucker Company

Last Buyer's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1915

Lot Details

  • 5,401 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Additional Features

  • Basement

Community Details

  • Long & Harlans Cottage Home Add Subdivision

Listing and Financial Details

  • Tenant pays for insurance, lawncare, all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491004139043000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,042

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1915
  • Lot Size Acres: 0.124
  • Subdivision Name: LONG & HARLANS COTTAGE HOME ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this duplex on Indy’s east side. This property had 1 bed and 1 bath on each side. All utilities are separately metered and Tenants pay all utilities! #37 side is rented month-to-month. Property is close to just about everything Indy has to offer. Nice 2 car garage. Great Cash Flow opportunity!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 65000

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004139043000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks
  • Lot Number: 19
  • Lot Size: 40X135

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, Lawncare, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1042
  • Semi Annual Property Tax Amt: 521
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Satyabayu Muhammad
Bought by
Irj Properties Llc
Current Estimated Value
$132,948

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 15, 2019
Sold by
Katz Richard C and Katz Catherina
Bought by
Satyabayu Muhammad
Seller's Agent
Cody Studebaker
F.C. Tucker Company
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$46,875
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Double H Property Management Ii Llc
Bought by
Katz Richard C and Katz Catherina

Purchase Details

Closed on
Jan 5, 2005
Sold by
Abn Amro Mortgage Group Inc
Bought by
Double H Property Managments Ii
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
Irj Properties Llc -- None Available
Satyabayu Muhammad -- None Available
Katz Richard C -- Mtc
Double H Property Managments Ii -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Satyabayu Muhammad $46,875
Previous Owner Double H Property Management Ii Llc $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $62,500 -3.8% $96 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $65,000 -- $100 / 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 $2,501 $101,900 $12,100 $89,800
2023 $2,501 $100,400 $12,100 $88,300
2022 $2,377 $95,700 $12,100 $83,600
2021 $2,082 $85,200 $12,100 $73,100
2020 $1,800 $73,200 $2,800 $70,400
2019 $1,582 $46,900 $2,800 $44,100
2018 $1,152 $43,700 $2,800 $40,900
2017 $952 $39,700 $2,800 $36,900
2016 $533 $20,500 $2,800 $17,700
2014 $430 $19,900 $2,800 $17,100
2013 $412 $19,800 $2,800 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Cody Studebaker

    Seller's Agent in 2019

    Cody Studebaker

    F.C. Tucker Company

    (574) 551-8887

    63 Total Sales

    Section Image

  • R

    Buyer's Agent in 2019

    Ryan Rominger

    Compass Indiana, LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21644035

MIBOR Broker Listing Cooperative®

APN: 49-10-04-139-043.000-101

Indiana Marion County Indianapolis 46201 Christian Park

35 S Sherman Dr, Indianapolis, IN

This home is located at 35 S Sherman Dr, Indianapolis, IN 46201 since 05 June 2019 and is currently estimated at $120,717, approximately $185 per square foot. This property was built in 1915. 35 S Sherman Dr is a home located in Marion County with nearby schools including Christian Park School 82, Arlington Community Middle School, 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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