$42,000
SOLD FEB 17, 2016
-- Bed
-- Bath
2,856 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

40% Below List Price

114 Days on Market

About This Home

As of October 2024

Located in up and coming Near North neighborhood. Main floor has 2 separate 1 bed, 1 bath apartments. Upstairs boasts spacious 3 bed, 1.5 bath unit. There's a shared enclosed front porch and a laundry area in the basement. Hardwood quarter sawn oak flooring under carpets and lots of closet space throughout. Great investment opportunity! Numerous student housing buildings in the immediate vicinity as well as tons of restaurants and businesses a few blocks away.

Last Agent to Sell the Property

Faraz Sabar

Listed on: 09/30/2015

Last Buyer's Agent

Faraz Sabar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1925

Lot Details

  • 4,400 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Lazarus & Colemans Harvard Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490624112055000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,034

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Historic
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1925
  • Lot Size Acres: 0.101
  • Structure Type: Triplex
  • Subdivision Name: LAZARUS & COLEMANS HARVARD
  • Inspection Warranties: Not Applicable
  • Property Description: Located in up and coming Near North neighborhood. Main floor has 2 separate 1 bed, 1 bath apartments. Upstairs boasts spacious 3 bed, 1.5 bath unit. There's a shared enclosed front porch and a laundry area in the basement. Hardwood quarter sawn oak flooring under carpets and lots of closet space throughout. Great investment opportunity! Numerous student housing buildings in the immediate vicinity as well as tons of restaurants and businesses a few blocks away.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2856
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 54900

Garage/Parking

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

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490624112055000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights
  • Lot Number: 39
  • Lot Size: 4,400

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1034
  • Semi Annual Property Tax Amt: 517
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

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
3.73%
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
19.36%
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 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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21379424

MIBOR Broker Listing Cooperative®

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