NOT LISTED FOR SALE

Estimated Value: $195,000 - $198,000

2 Beds
-- Bath
800 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $150,000 $188 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,412/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Partially Fenced Property
  • Wood Siding

About This Home

As of June 2021

GREAT INVESTMENT OPPORTUNITY! Charming Duplex with two units. Imagine living on one side and have the other side pay for the mortgage. Unit oneness 2 bedrooms plus a loft, living room, dinning room, kitchen and full bath. Unit two has one bedroom, upstairs loft that could be used as a second bedroom, kitchen, living room and dinning room and full bath. Both units have basements. 2 car detach garage. Its located minutes from downtown, near major highway, hospitals, parks, bus stop and many more attractions.

Last Agent to Sell the Property

Awett Tedla

F.C. Tucker Company License #RB14048059 Listed on: 01/20/2021

F.C. Tucker Company

Last Buyer's Agent

Joel Mathews

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1931

Lot Details

  • 6,011 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Armstrong Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, all utilities, water
  • The owner pays for taxes, water
  • Assessor Parcel Number 490622114531000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1931
  • Lot Size Acres: 0.138
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: Duplex
  • Subdivision Name: ARMSTRONG PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Partial
  • Foundation Details: Block
  • List Price: 175000
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: 2 Car Garage,On Street
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Vacant
  • Parcel Number: 490622114531000101
  • Acres: <1/4 Acre
  • Lot Information: Busline,Corner,Curbs,Sidewalks,Street Lights
  • Lot Number: 162
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 998
  • Semi Annual Property Tax Amt: 499
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Arsenal Technical High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jun 30, 2021
Sold by
Adhanom Semeret
Bought by
Metrospaces Llc
Seller's Agent
Awett Tedla
F.C. Tucker Company
Buyer's Agent
Joel Mathews
@properties
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$196,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,500
Avg. Annual Appreciation
5.86%
Original Mortgage
$178,844
Outstanding Balance
$164,022
Interest Rate
2.9%
Mortgage Type
Balloon
Estimated Equity
$25,877

Purchase Details

Closed on
Feb 15, 2013
Sold by
Smith Louise E and Marion County Auditor
Bought by
Adhanom Semeret and Adhanom A
Source: Public Records

Range of Values:

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Average Value
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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
Metrospaces Llc $150,000 None Available
Metrospaces Llc $150,000 None Available
Adhanom Semeret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metrospaces Llc $178,844
Closed Metrospaces Llc $178,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $150,000 -14.3% $188 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $175,000 0.0% $219 / Sq Ft
02/12/2021 02/12/21 For Sale $175,000 0.0% $219 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $175,000 -- $219 / 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 $4,095 $140,500 $14,800 $125,700
2023 $4,095 $166,000 $14,800 $151,200
2022 $3,781 $165,000 $14,800 $150,200
2021 $1,856 $73,900 $3,400 $70,500
2020 $1,882 $74,900 $3,400 $71,500
2019 $1,661 $64,200 $3,400 $60,800
2018 $1,941 $60,200 $3,400 $56,800
2017 $1,158 $48,000 $3,400 $44,600
2016 $1,133 $48,000 $3,400 $44,600
2014 $921 $42,600 $3,400 $39,200
2013 $963 $42,600 $3,400 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21761327

MIBOR Broker Listing Cooperative®

APN: 49-06-22-114-531.000-101