NOT LISTED FOR SALE

3701 E Vermont St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $177,000 - $332,110

1 Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 30, 2016

Last sale price $44,000

Est. 479% increase in value since last sale

Current estimated payment $1,672/month

122 Days on Market

About This Home

As of June 2016

Investment property with proven cash flow near Washington St & Sherman Drive --- four units: 2BR/1BA --- convenient to downtown Indy and Irvington. All-electric & units have basement access which adds 350 SF of storage space.

Last Agent to Sell the Property

Jeffrey Landers

Engel & Volkers License #RB14050540 Listed on: 02/12/2016

Engel & Volkers

Last Buyer's Agent

Andrew Heimer

Heimer Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 1900

Lot Details

  • 5,227

Home Design

  • Bungalow
  • Brick Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Basement

Community Details

  • Hartmans Add Robison & Voorhees Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for inshazard, insurance
  • Assessor Parcel Number 491005133047000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$552

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1900
  • Lot Size Acres: 0.12
  • Structure Type: Quadruplex
  • Subdivision Name: HARTMANS ADD ROBISON & VOORHEES
  • Inspection Warranties: General
  • Property Description: Investment property with proven cash flow near Washington St & Sherman Drive --- four units: 2BR/1BA --- convenient to downtown Indy and Irvington. All-electric & units have basement access which adds 350 SF of storage space.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Insurance
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 3456
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 70000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Parcel Number: 491005133047000101
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Corner,Sidewalks,Street Lights
  • Lot Number: 48/49
  • Lot Size: 80x69

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 552
  • Semi Annual Property Tax Amt: 276
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
1747 Investments Inc
Bought by
Hoosier Heartland Realty Group Llc
Current Estimated Value
$254,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,993
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2022
Sold by
1747 Investments Inc
Bought by
Hoosier Heartland Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,993
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2022
Sold by
Deer Rei Llc
Bought by
Rei Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,993
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2022
Sold by
Deer Rei Llc
Bought by
Rei Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,993
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2022
Sold by
Rei Development Group Llc
Bought by
1747 Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,993
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2018

Purchase Details

Closed on
Aug 16, 2018

Purchase Details

Listed on
Feb 12, 2016
Closed on
Jul 22, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Great Lakes Rentals Llc
Seller's Agent
Jeffrey Landers
Engel & Volkers
Buyer's Agent
Andrew Heimer
Heimer Real Estate LLC
List Price
$85,000
Sold Price
$44,000
Premium/Discount to List
-$41,000
-48.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Tmk Real Estate Llc
Bought by
Katana Properties Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Lilley Michael S
Bought by
Tmk Real Estate Llc

Purchase Details

Closed on
Jan 1, 2008
Sold by
Fannie Mae
Bought by
Lilley Michael S

Purchase Details

Closed on
Sep 21, 2007
Sold by
Wood Roger D
Bought by
Washington Mutual Bank
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
Hoosier Heartland Realty Group Llc -- Bray Miranda D
Hoosier Heartland Realty Group Llc $600,000 Bray Miranda D
Rei Development Group Llc -- Bray Miranda D
Rei Development Group Llc -- Bray Miranda D
1747 Investments Inc $780,000 Bray Miranda D
Rei Development Group Llc $780,000 Bray Miranda D
-- $190,000 --
Deer Rei Llc $190,000 Eagle Land Title
-- $70,000 --
Invictus Real Estate Group Llc $70,000 Monument Title
Great Lakes Rentals Llc -- None Available
Katana Properties Llc -- None Available
Tmk Real Estate Llc -- None Available
Lilley Michael S -- Title One
Federal National Mortgage Association -- None Available
Washington Mutual Bank $74,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hoosier Heartland Realty Group Llc $584,993
Closed Hoosier Heartland Realty Group Llc $584,993
Previous Owner 1747 Investments Inc $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $44,000 -37.1% --
06/14/2016 06/14/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $70,000 -17.6% --
02/12/2016 02/12/16 For Sale $85,000 -- --
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 $3,916 $154,800 $7,100 $147,700
2023 $3,916 $93,000 $3,600 $89,400
2022 $2,835 $73,300 $3,600 $69,700
2021 $1,677 $64,900 $3,200 $61,700
2020 $2,467 $64,900 $3,200 $61,700
2019 $1,645 $62,200 $3,200 $59,000
2018 $1,657 $62,200 $3,200 $59,000
2017 $1,443 $59,800 $3,200 $56,600
2016 $1,347 $56,600 $3,200 $53,400
2014 $551 $25,500 $3,200 $22,300
2013 $582 $25,500 $3,200 $22,300
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Landers

    Seller's Agent in 2016

    Jeffrey Landers

    Engel & Volkers

    (317) 750-9767

    3 in this area

    64 Total Sales

    Jeffrey Landers
    Section Image

  • A

    Buyer's Agent in 2016

    Andrew Heimer

    Heimer Real Estate LLC

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21398841

MIBOR Broker Listing Cooperative®

APN: 49-10-05-133-047.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

3701 E Vermont St, Indianapolis, IN

This home is located at 3701 E Vermont St, Indianapolis, IN 46201 since 12 February 2016 and is currently estimated at $254,555. This property was built in 1900. 3701 E Vermont St is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Eleanor Skillen School No. 34, and Christian Park School 82.

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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