NOT LISTED FOR SALE

3618 Salem St Indianapolis, IN 46208

Crown Hill Neighborhood

Estimated Value: $151,000

2 Beds
-- Bath
1,440 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $90,000 $62 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,154/month

2 Days on Market

About This Home

As of January 2020

Attention Investors! Great Rental near downtown Indianapolis. Three bedroom, one bath, two story, two family dwelling. This area is showing revitalization. New interior paint and flooring on both sides, 2019. New furnaces and water heaters, 2018.

Last Agent to Sell the Property

Pamela McClintic

Atlantis Realty Group, INC License #RB14043936 Listed on: 12/09/2019

Last Buyer's Agent

Daniel Fisher

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1925

Lot Details

  • 5,184

Home Design

  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,184 Sq Ft Lot

Community Details

  • Lazarus & Colemans Harvard Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, trash collection, all utilities, water
  • The owner pays for inshazard, insurance, taxes, no utilities
  • Assessor Parcel Number 490624112018000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1925
  • Lot Size Acres: 0.119
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Structure Type: Duplex
  • Subdivision Name: LAZARUS & COLEMANS HARVARD
  • Inspection Warranties: General,LeadBasePaint
  • Property Description: Attention Investors! Great Rental near downtown Indianapolis. Three bedroom, one bath, two story, two family dwelling. This area is showing revitalization. New interior paint and flooring on both sides, 2019. New furnaces and water heaters, 2018.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Taxes, No Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 5184
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 100000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490624112018000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks
  • Lot Number: 25
  • Lot Size: 5,184

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2208
  • Semi Annual Property Tax Amt: 1104
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Rca Properties Llc
Bought by
Akf Llc
Current Estimated Value
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,016,000
Outstanding Balance
$2,841,740
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
-$2,637,738

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 11, 2020
Sold by
Skiba Tomasz R
Bought by
Rca Properties Llc
Seller's Agent
Pamela McClintic
Atlantis Realty Group, INC
Buyer's Agent
Daniel Fisher
@properties
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$140,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2017
Closed on
Oct 27, 2017
Sold by
Bank Of New York Mellon
Bought by
Skiba Tomasz R
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Pamela McClintic
Atlantis Realty Group, INC
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.17%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Sep 25, 2017
Sold by
Marion County Sheriff
Bought by
Bank Of New York Mellon
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Pamela McClintic
Atlantis Realty Group, INC
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Sep 20, 2017
Sold by
John R
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Pamela McClintic
Atlantis Realty Group, INC
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%

Purchase Details

Closed on
Jun 23, 2006
Sold by
Hicks Craig
Bought by
Patton John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
9.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2005
Sold by
Batts Steven A
Bought by
Hicks Craig
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
Akf Llc -- Foundation Title
Rca Properties Llc $90,000 First American Title Insurance
Skiba Tomasz R $47,000 Sojourners Title Agency
Bank Of New York Mellon $42,853 --
-- $42,900 --
Patton John D -- None Available
Hicks Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akf Llc $4,016,000
Closed Akf Llc $4,016,000
Previous Owner Rca Properties Llc $200,000
Previous Owner Rca Properties Llc $1,162,500
Previous Owner Rca Properties Llc $140,000
Previous Owner Patton John D $17,410
Previous Owner Patton John D $65,600
Previous Owner Patton John D $16,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $90,000 -10.0% $63 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $100,000 +112.8% $69 / Sq Ft
11/16/2017 11/16/17 Sold $47,000 +2.4% $33 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $45,900 -- $32 / 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 $3,972 $165,800 $15,800 $150,000
2023 $3,972 $162,400 $15,800 $146,600
2022 $3,402 $135,200 $15,800 $119,400
2021 $2,735 $113,500 $7,300 $106,200
2020 $2,622 $108,300 $7,300 $101,000
2019 $2,499 $101,100 $7,300 $93,800
2018 $2,319 $92,700 $7,300 $85,400
2017 $1,954 $86,900 $7,300 $79,600
2016 $1,850 $83,900 $7,300 $76,600
2014 $1,753 $81,100 $7,300 $73,800
2013 $1,686 $81,100 $7,300 $73,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pamela McClintic

    Atlantis Realty Group, INC

    16 Total Sales

    Pamela McClintic
    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Fisher

    @properties

    Section Image
  • Scott Wynkoop

    Seller's Agent in 2017

    Scott Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 590-5032

    6 in this area

    269 Total Sales

    Scott Wynkoop
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniel Witte

    Witte Realty Group LLC

    (317) 752-3330

    112 Total Sales

    Daniel Witte
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21685127

MIBOR Broker Listing Cooperative®

APN: 49-06-24-112-018.000-101

Indiana Marion County Indianapolis 46208 Crown Hill

3618 Salem St, Indianapolis, IN

This home is located at 3618 Salem St, Indianapolis, IN 46208 since 09 December 2019 and is currently estimated at $151,000, approximately $104 per square foot. This property was built in 1925. 3618 Salem St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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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