NOT LISTED FOR SALE

3554 Washington Blvd Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $412,000 - $453,000

1 Bed
-- Bath
1,714 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $310,000 $181 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,555/month

35 Days on Market

About This Home

As of August 2019

Great Investment Opportunity! 5 apartment units with nearly 800 sq ft living space each! 3 - 2 bedroom units and 2 - 1 bedroom units. You select your own Tenants!! Perfect for owner-occupied. Hardwood floors throughout. Each apartment has its own charm. Some TLC needed. Sold AS-IS. Excellent Location! Unlimited potential!

Last Agent to Sell the Property

Elaine Bennett

Highgarden Real Estate License #RB15000329 Listed on: 05/25/2019

Highgarden Real Estate

Last Buyer's Agent

Sterling Davis

Ethosity Property Management G

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1910

Lot Details

  • 8,189 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Johnson Bros Washington Blvd Subdivision

Listing and Financial Details

  • Tenant pays for security, cable TV, insurance
  • The owner pays for insurance, lawncare, taxes, sewer
  • Assessor Parcel Number 490624130003000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1910
  • Lot Size Acres: 0.188
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: JOHNSON BROS WASHINGTON BLVD
  • Inspection Warranties: Not Applicable
  • Property Description: Great Investment Opportunity! 5 apartment units with nearly 800 sq ft living space each! 3 - 2 bedroom units and 2 - 1 bedroom units. You select your own Tenants!! Perfect for owner-occupied. Hardwood floors throughout. Each apartment has its own charm. Some TLC needed. Sold AS-IS. Excellent Location! Unlimited potential!
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common,Other

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 349000
  • Construction Stage: Resale
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Parcel Number: 490624130003000101
  • Zoning: Z001
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights,Not In Subdivision,Tree Mature
  • Lot Number: 5
  • Lot Size: 8189

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security, Cable TV, Insurance, Other

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2048
  • Semi Annual Property Tax Amt: 1024
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Aug 8, 2019
Sold by
Rice James D and Rice Janet Carol
Bought by
Jtc Indy Holdings 2 Llc
Seller's Agent
Elaine Bennett
Highgarden Real Estate
Buyer's Agent
Sterling Davis
Ethosity Property Management G
List Price
$369,000
Sold Price
$310,000
Premium/Discount to List
-$59,000
-15.99%
Current Estimated Value
$432,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,500
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Rice James D
Bought by
Rice James D and Rice James D

Purchase Details

Closed on
Nov 30, 2005
Sold by
Devore Jeannette E
Bought by
Rice James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jtc Indy Holdings 2 Llc $310,000 Nations Title Agency
Rice James D -- None Available
Rice James D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice James D $131,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $310,000 -11.2% $181 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $349,000 -5.4% $204 / Sq Ft
05/25/2019 05/25/19 For Sale $369,000 -- $215 / 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 $3,445 $175,300 $52,400 $122,900
2023 $3,445 $139,200 $52,400 $86,800
2022 $3,696 $139,200 $52,400 $86,800
2021 $3,163 $131,200 $9,900 $121,300
2020 $2,715 $111,500 $9,900 $101,600
2019 $1,982 $105,000 $9,900 $95,100
2018 $2,173 $113,800 $9,900 $103,900
2017 $1,807 $106,000 $9,900 $96,100
2016 $1,637 $98,700 $9,900 $88,800
2014 $1,410 $88,700 $9,900 $78,800
2013 $1,361 $88,700 $9,900 $78,800
Source: Public Records

Agents Affiliated with this Home

  • Elaine Bennett

    Seller's Agent in 2019

    Elaine Bennett

    Highgarden Real Estate

    (317) 480-7180

    31 Total Sales

    Elaine Bennett
    Section Image

  • S

    Buyer's Agent in 2019

    Sterling Davis

    Ethosity Property Management G

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21642129

MIBOR Broker Listing Cooperative®

APN: 49-06-24-130-003.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

3554 Washington Blvd, Indianapolis, IN

This home is located at 3554 Washington Blvd, Indianapolis, IN 46205 since 25 May 2019 and is currently estimated at $432,500, approximately $252 per square foot. This property was built in 1910. 3554 Washington Blvd is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Robert Lee Frost School 106, and Charles Warren Fairbanks School 105.

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.

Nearby Homes