NOT LISTED FOR SALE

Estimated Value: $784,000 - $842,443

3 Beds
2 Baths
1,344 Sq Ft
$605/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2018

Last sale price $15,000 $11 Per Sq Ft

Est. 5,321% increase in value since last sale

Current estimated payment $5,125 / mo

33 Days on Market

About This Home

As of June 2018

**ATTENTION INVESTORS!!** Another Redevelop Indy Investment Opportunity that could make a nice buy and hold addition to your portfolio. Great rental area. Sits on bus line. Close to stores and downtown. Covered front porches. Three bedrooms and one bath per side. Needs repairs and updates--but front steps, roof, gutters and soffits look like they have been updated.

Last Agent to Sell the Property

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 05/09/2018

Last Buyer's Agent

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 05/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,011

Home Design

  • Traditional Architecture
  • Block Foundation

Additional Features

  • 2-Story Property
  • 6,011 Sq Ft Lot

Community Details

  • Hollywood Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 491005208026000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1925
  • Lot Size Acres: 0.138
  • Subdivision Name: HOLLYWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: **ATTENTION INVESTORS!!** Another Redevelop Indy Investment Opportunity that could make a nice buy and hold addition to your portfolio. Great rental area. Sits on bus line. Close to stores and downtown. Covered front porches. Three bedrooms and one bath per side. Needs repairs and updates--but front steps, roof, gutters and soffits look like they have been updated.
  • Transaction Type: Sale
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2688
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491005208026000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Sidewalks,Street Lights
  • Lot Number: 3
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 956
  • Semi Annual Property Tax Amt: 478
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Mcgee Aaron
Bought by
Landmark Development Group Llc
Current Estimated Value
$813,222

Purchase Details

Closed on
Oct 2, 2020
Sold by
Mcgee Aaron
Bought by
Landmark Development Group Llc

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 15, 2018
Sold by
Redevelop Indy Llc
Bought by
Aaron Mcgee
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Pamela Brown
PMI Indianapolis
List Price
$35,000
Sold Price
$15,000
Premium/Discount to List
-$20,000
-57.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.77%

Purchase Details

Closed on
Apr 3, 2018
Sold by
Estate Of Ronald Lee Merrill Sr
Bought by
Redevelop Indy Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Landmark Development Group Llc $28,000 Hocker Title
Landmark Development Group Llc -- None Listed On Document
Aaron Mcgee $15,000 --
Mcgee Aaron $15,000 Hocker And Associates
Redevelop Indy Llc $5,000 --
Redevelop Indy Llc $5,000 Hocker & Associates
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $15,000 -24.6% $11 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $19,900 -11.6% $15 / Sq Ft
06/03/2018 06/03/18 Price Changed $22,500 -10.0% $17 / Sq Ft
05/21/2018 05/21/18 Price Changed $25,000 -28.6% $19 / Sq Ft
05/09/2018 05/09/18 For Sale $35,000 -- $26 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $9,758 $449,200 $5,800 $443,400
2024 $161 $411,200 $5,800 $405,400
2023 $161 $5,800 $5,800 $0
2022 $161 $5,800 $5,800 $0
2021 $1,756 $34,400 $5,800 $28,600
2020 $936 $18,500 $2,100 $16,400
2019 $909 $39,200 $2,100 $37,100
2018 $3,263 $51,500 $2,100 $49,400
2017 $1,179 $50,400 $2,100 $48,300
2016 $1,063 $46,000 $2,100 $43,900
2014 $852 $39,400 $2,100 $37,300
2013 $954 $42,500 $2,100 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21564086

MIBOR Broker Listing Cooperative®

APN: 49-10-05-208-026.000-101

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