$215,000
SOLD OCT 9, 2024

3619 Salem St Indianapolis, IN 46208

Crown Hill Neighborhood
-- Bed
-- Bath
2,856 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

2% Below List Price

44 Days on Market

About This Home

As of October 2024

Fully occupied, cash flowing triplex in downtown Indy. Current gross rent is $2475/month. There are two units with 1bed/1bath and one unit with 3beds/1.5bath. Two units downstairs and one unit upstairs. Recent exterior paint. There is on site parking as well as street parking. Unit 1 (3619 3bed/1.5bath $1150/month) lease 7/1/2024-6/30/2025; Unit A (3621: 1bed/1bath $650) 4/30/2024-6/30/2025; Unit B (3621: 1bed/1bath $675/month) MTM.

Last Agent to Sell the Property

Kyle Gatesy

eXp Realty, LLC Brokerage Email: kyle@gatesyrealestate.com License #RB20000615 Listed on: 08/11/2024

eXp Realty, LLC

Last Buyer's Agent

Jason Justak

eXp Realty, LLC License #RB17000420

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1925

Lot Details

  • 4,400 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Community Details

  • Lazarus & Colemans Harvard Subdivision
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for taxes, water
  • Tax Lot 49-06-24-112-055.000-101
  • Assessor Parcel Number 490624112055000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,202

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1925
  • Lot Size Acres: 0.1
  • Structure Type: Triplex
  • Subdivision Name: Lazarus & Colemans Harvard
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 71667
  • MBR_AttributionContact: kyle@gatesyrealestate.com
  • Attribution Contact: kyle@gatesyrealestate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, Water
  • Gross Area Sq Ft: 2856

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 220000
  • Road Access: Street Cuts

Garage/Parking

  • Unit Parking: 2 Car Garage,On Street,Paved Area

Utilities

  • Laundry Features: Common Laundry
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights
  • Current Use: Apt<20
  • Lot Size Sq Ft: 4400
  • Parcel Number: 490624112055000101
  • Acres: <1/4 Acre
  • Price Acre: 2150000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 2900
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3202
  • Tax Lot: 49-06-24-112-055.000-101
  • Semi Annual Property Tax Amt: 1601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Oct 9, 2024
Sold by
Abgng Investments 3 Llc
Bought by
Aks Capital Llc
Seller's Agent
Kyle Gatesy
eXp Realty, LLC
Buyer's Agent
Jason Justak
eXp Realty, LLC
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$176,000
Outstanding Balance
$166,012
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$54,807

Purchase Details

Closed on
Dec 28, 2018
Sold by
Abgng Properties Llc
Bought by
Abgng Investments 3 Llc

Purchase Details

Closed on
Feb 3, 2017
Sold by
Splendid Homes Llc
Bought by
Abgng Properties Llc

Purchase Details

Listed on
Sep 30, 2015
Closed on
Feb 17, 2016
Sold by
Lee Juanita A and Lee Veronica C
Bought by
Indy Realty Fund Llc
Seller's Agent
Faraz Sabar
Buyer's Agent
Faraz Sabar
List Price
$70,000
Sold Price
$42,000
Premium/Discount to List
-$28,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%
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
Warranty Deed $215,000 Centurion Land Title
Quit Claim Deed -- None Available
Deed $70,000 --
Warranty Deed $70,000 Escrow & Title Services, Llc
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $219,000 0.0% --
05/22/2025 05/22/25 Pending -- -- --
05/06/2025 05/06/25 Price Changed $219,000 -6.8% --
04/03/2025 04/03/25 For Sale $235,000 +9.3% --
10/09/2024 10/09/24 Sold $215,000 -2.3% $75 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $220,000 0.0% $77 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $220,000 0.0% $77 / Sq Ft
08/18/2016 08/18/16 Rented $625 0.0% --
08/15/2016 08/15/16 Under Contract -- -- --
08/04/2016 08/04/16 Price Changed $625 +13.6% $0 / Sq Ft
07/25/2016 07/25/16 For Rent $550 0.0% --
02/17/2016 02/17/16 Sold $42,000 0.0% $15 / Sq Ft
01/24/2016 01/24/16 Off Market $42,000 -- --
12/21/2015 12/21/15 Price Changed $54,900 -8.3% $19 / Sq Ft
11/05/2015 11/05/15 Price Changed $59,900 -14.4% $21 / Sq Ft
09/30/2015 09/30/15 For Sale $70,000 -- $25 / 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 $3,908 $161,100 $14,900 $146,200
2023 $3,908 $157,700 $14,900 $142,800
2022 $3,356 $131,200 $14,900 $116,300
2021 $2,697 $109,800 $6,700 $103,100
2020 $2,587 $104,800 $6,700 $98,100
2019 $2,472 $98,000 $6,700 $91,300
2018 $2,294 $89,800 $6,700 $83,100
2017 $1,906 $82,700 $6,700 $76,000
2016 $1,135 $76,500 $6,700 $69,800
2014 $1,033 $74,200 $6,700 $67,500
2013 $1,009 $74,200 $6,700 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Justak

    Seller's Agent in 2025

    Jason Justak

    eXp Realty, LLC

    (317) 763-0110

    4 in this area

    103 Total Sales

    Jason Justak
    Section Image
  • Kyle Gatesy

    Seller's Agent in 2024

    Kyle Gatesy

    eXp Realty, LLC

    (812) 344-4697

    1 in this area

    126 Total Sales

    Kyle Gatesy
    Section Image

  • K

    Seller's Agent in 2016

    Kendra Dazey

    Indiana Realty Partners,Inc

    (317) 627-1406

    1 in this area

    23 Total Sales

    Kendra Dazey
    Section Image

  • F

    Seller's Agent in 2016

    Faraz Sabar

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21995588

MIBOR Broker Listing Cooperative®

APN: 49-06-24-112-055.000-101

Indiana Marion County Indianapolis 46208 Crown Hill

3619 Salem St, Indianapolis, IN

This home is located at 3619 Salem St, Indianapolis, IN 46208 and is currently priced at $215,000, approximately $75 per square foot. This property was built in 1925. 3619 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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