$140,000
SOLD JAN 7, 2025
-- Bed
-- Bath
1,044 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

7% Below List Price

39 Days on Market

About This Home

As of January 2025

This is a great investment property for the right person! This home offers two identical units, located in the heart of Indianapolis Indiana. It's only about 5 minutes from the fairgrounds making it easy access to downtown Indy, bus stations, highways and more! Perfect for someone who may want to move in and have income coming in instantly from the tenant on the other side!

Last Agent to Sell the Property

Kurt Clements

Diverse Property Solutions Ind Brokerage Email: kurt@diversepsi.com License #RB14026683 Listed on: 11/07/2024

Last Buyer's Agent

Ashton Harris

Real Broker, LLC License #RB22000966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Additional Features

  • 2-Story Property
  • 6,490 Sq Ft Lot
  • Separate Meters
  • Unfinished Basement

Community Details

  • Lazarus & Colemans Harvard Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 490624112001000101
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,012

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Lazarus & Colemans Harvard
  • Inspection Warranties: See Remarks
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 70000
  • MBR_AttributionContact: kurt@diversepsi.com
  • Multi Rooms: 6
  • Attribution Contact: kurt@diversepsi.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asbestos Shingle
  • Construction Materials: Vinyl Siding
  • Direction Faces: West
  • Disclosures: BankOwned
  • Fencing: Partial
  • Foundation Details: Concrete Perimeter
  • List Price: 149900
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Separate Meters
  • Laundry Features: No Laundry Facil.
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6490
  • Parcel Number: 490624112001000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 933333

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3012
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1506
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Jan 3, 2025
Sold by
Mfra Trust and Wilmington Trust
Bought by
Infinite Routes
Seller's Agent
Kurt Clements
Diverse Property Solutions Ind
Buyer's Agent
Ashton Harris
Real Broker, LLC
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$21,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 30, 2024
Sold by
Sheriff Of Marion County State Of Indian
Bought by
Mfra Trust and Wilmington Trust

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 24, 2022
Sold by
Phennix Holdings Llc
Bought by
Toscano Properties Llc
Seller's Agent
James Bradley
Century 21 Bradley Realty Inc
Buyer's Agent
Justin Graham
eXp Realty, LLC
List Price
$130,000
Sold Price
$117,500
Premium/Discount to List
-$12,500
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$225,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 2, 2018
Closed on
Apr 3, 2019
Sold by
Jlh-Indianapolis-3-Llc
Bought by
Phennix Holdings Llc
Seller's Agent
Rick Feltner
Buyer's Agent
Rick Feltner
List Price
$77,000
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Listed on
Oct 11, 2013
Closed on
Feb 3, 2014
Sold by
Schrock Lacey
Bought by
Jlh Indianapolis 3 Llc
Seller's Agent
Johnathan Campbell
Buyer's Agent
Johnathan Campbell
List Price
$29,900
Sold Price
$24,300
Premium/Discount to List
-$5,600
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.83%

Purchase Details

Closed on
May 29, 2008
Sold by
Fannie Mae
Bought by
Schrock Lacey

Purchase Details

Closed on
Mar 14, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 2008
Sold by
Okoduwa Tonya L
Bought by
Countrywide Home Loans Inc and Americas Wholesale Lender

Purchase Details

Closed on
Aug 10, 2006
Sold by
Fraps Marianne E
Bought by
Okoduwa Tanya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Correthers Christopher
Bought by
Fraps Marianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.56%
Mortgage Type
New Conventional
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
Special Warranty Deed $140,000 First American Title
Sheriffs Deed $75,000 None Listed On Document
Warranty Deed $77,000 Wall Legal Services
Warranty Deed $77,000 Wall Legal Services
Quit Claim Deed $77,000 Wall Legal Services
Land Contract $77,000 Metropolitan Title
Warranty Deed -- Mad Anthony Title
Special Warranty Deed -- Chicago Title Greenwood
Limited Warranty Deed -- None Available
Sheriffs Deed $116,375 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $21,000 No Value Available
Open $177,000 Construction
Previous Owner $225,000 Construction
Previous Owner $126,100 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $325,000 0.0% --
07/07/2025 07/07/25 For Sale $325,000 -6.9% --
06/21/2025 06/21/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $349,000 +7.4% --
06/19/2025 06/19/25 For Sale $325,000 0.0% --
05/25/2025 05/25/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $325,000 +132.1% --
01/07/2025 01/07/25 Sold $140,000 -6.6% $134 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $149,900 +27.6% $144 / Sq Ft
06/09/2022 06/09/22 Sold $117,500 -9.6% $113 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $130,000 +68.8% $125 / Sq Ft
04/17/2019 04/17/19 Sold $77,000 0.0% $59 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
02/06/2019 02/06/19 Off Market $77,000 -- --
02/01/2019 02/01/19 For Sale $77,000 0.0% $59 / Sq Ft
01/31/2019 01/31/19 Off Market $77,000 -- --
11/01/2018 11/01/18 For Sale $77,000 0.0% $59 / Sq Ft
10/31/2018 10/31/18 Off Market $77,000 -- --
10/02/2018 10/02/18 For Sale $77,000 +216.9% $59 / Sq Ft
02/05/2014 02/05/14 Sold $24,300 -18.7% $47 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $29,900 -- $57 / 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 $3,132 $129,600 $17,800 $111,800
2023 $3,132 $127,000 $17,800 $109,200
2022 $2,920 $106,600 $17,800 $88,800
2021 $2,363 $87,600 $8,200 $79,400
2020 $2,055 $83,800 $8,200 $75,600
2019 $1,463 $57,200 $8,200 $49,000
2018 $1,369 $52,800 $8,200 $44,600
2017 $1,166 $49,800 $8,200 $41,600
2016 $1,109 $48,200 $8,200 $40,000
2014 $1,012 $46,800 $8,200 $38,600
2013 $603 $46,800 $8,200 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22010751

MIBOR Broker Listing Cooperative®

APN: 49-06-24-112-001.000-101