3619 Salem St Indianapolis, IN 46208
Crown Hill Neighborhood
--
Bed
--
Bath
2,856
Sq Ft
4,400
Sq Ft Lot
About This Home
As of October 2024Fully 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
eXp Realty, LLC Brokerage Email: kyle@gatesyrealestate.com License #RB20000615 Listed on: 08/11/2024
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
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%
Similar Homes in Indianapolis, IN
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Home Values in the Area
Average Home Value in this Area
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
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
-
Kyle Gatesy
Seller's Agent in 2024
Kyle Gatesy
eXp Realty, LLC
(812) 344-4697
1 in this area
126 Total Sales
-
Kendra Dazey
K
Seller's Agent in 2016
Kendra Dazey
Indiana Realty Partners,Inc
(317) 627-1406
1 in this area
22 Total Sales
-
F
Seller's Agent in 2016
Faraz Sabar
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21995588
APN: 49-06-24-112-055.000-101
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