NOT LISTED FOR SALE

3502 W 11th St Indianapolis, IN 46222

Estimated Value: $128,000 - $190,000

2 Beds
-- Bath
720 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $95,000 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,013/month

96 Days on Market

About This Home

As of January 2022

Investment duplex opportunity or live in one side, rent the other. Each unit has 1-BR, 1-bath, kitchen, LR and laundry. Convenient corner lot with alley access to 2- car carport. Good renters which would love to stay, one renter (the $450 side) has 13 year history. 24 hour notice for showing. Both sides are rented.

Last Agent to Sell the Property

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 09/10/2021

Co-Listed By

Gregg West

Jeneene West Realty, LLC License #RB14034645

Last Buyer's Agent

Brenda Outcalt

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,484

Year Built

  • 1950

Lot Details

  • 5,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,484

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.JWestRealty.com
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Ranch
  • Co List Office Mls Id: MBRJWES01
  • Co List Office Phone: 317-856-4719
  • Directions: From I-465 on the west side, take the 10th street exit and head east. Turn left on Berwick. Follow to home on left.
  • New Construction: No
  • Road Frontage Type: FrontageRd
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: RAINBOW RIDGE
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 1440
  • Laundry: Connections All
  • Owner Pays: Insurance, Taxes

Exterior Features

  • Exterior Features: Not Applicable
  • Foundation Details: Crawl Space
  • Road Access: CityStreet
  • Construction Type: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Covered,2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 190

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 993
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 742
  • Tax Exemption: None
  • Tax Annual Amount: 1484
  • Tax Year: 2020

Multi Family

  • Property Net Operating Income: 760
  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Feb 1, 2022
Sold by
Cook Jr Grover B and Cook Cynthia A
Bought by
Fleming August Elof
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Brenda Outcalt
Carpenter, REALTORS®
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$152,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,901
Avg. Annual Appreciation
13.85%
Original Mortgage
$71,250
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2021
Closed on
Jan 27, 2022
Sold by
Cook Jr Grover B and Cook Cynthia A
Bought by
Fleming August Elof
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Brenda Outcalt
Carpenter, REALTORS®
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Fleming August Elof -- Lenders Escrow & Title
Fleming August Elof $95,000 Lenders Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fleming August Elof $71,250
Closed Fleming August Elof $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $95,000 0.0% $132 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $95,000 -- $132 / 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 $2,421 $105,100 $4,100 $101,000
2023 $2,421 $97,000 $4,100 $92,900
2022 $2,361 $97,000 $4,100 $92,900
2021 $1,634 $65,800 $4,100 $61,700
2020 $1,369 $59,100 $4,100 $55,000
2019 $1,336 $56,600 $4,100 $52,500
2018 $1,266 $48,500 $4,100 $44,400
2017 $1,160 $49,500 $4,100 $45,400
2016 $962 $44,400 $4,100 $40,300
2014 $858 $39,700 $4,100 $35,600
2013 $854 $41,100 $4,100 $37,000
Source: Public Records

Agents Affiliated with this Home

  • Jeneene West

    Seller's Agent in 2022

    Jeneene West

    Jeneene West Realty, LLC

    (317) 856-4719

    462 Total Sales

    Jeneene West
    Section Image
  • Gregg West

    Seller Co-Listing Agent in 2022

    Gregg West

    Jeneene West Realty, LLC

    (317) 374-1507

    309 Total Sales

    Gregg West
    Section Image

  • B

    Buyer's Agent in 2022

    Brenda Outcalt

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21812472

MIBOR Broker Listing Cooperative®

APN: 49-06-32-120-019.000-901

Indiana Marion County Indianapolis 46222

3502 W 11th St, Indianapolis, IN

This home is located at 3502 W 11th St, Indianapolis, IN 46222 since 10 September 2021 and is currently estimated at $152,901, approximately $212 per square foot. This property was built in 1950. 3502 W 11th St is a home located in Marion County with nearby schools including Riverside School 44, Northwest Middle School, and George Washington Community High School No. 721.

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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