NOT LISTED FOR SALE

3721 Salem St Indianapolis, IN 46208

Crown Hill Neighborhood

Estimated Value: $159,000 - $200,610

3 Beds
1 Bath
704 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $33,333 $47 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $1,262/month

82 Days on Market

About This Home

As of June 2013

"INVESTOR OPPORTUNITY" UP AND COMING AREA HUGE MULTIFAMILY THAT IS ALREADY TENANT OCCUPIED THIS DOUBLE HAS BEEN IN THE SAME FAMILY FOR 50 YEARS VERY CLOSE TO DOWNTOWN LARGE SQUARE FOOTAGE 3 BEDROOM LARGE DINING ROOM LIVING ROOM WITH FIREPLACE LARGE COVERED PORCH SECURITY DOORS CENTRAL AIR PARTIAL FENCE SHARED DRIVEWAY 24 hour notice for showings

Last Agent to Sell the Property

Terri Hoffman

The Elite Advantage, Inc. Listed on: 04/04/2013

Last Buyer's Agent

Robin Reese

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 120 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 704 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Community Details

  • Hasselman Place Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for lawncare, sewer
  • Tax Lot 9
  • Assessor Parcel Number 490624158030000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1920
  • Building Area Total: 1056
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Hasselman Place
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: terri.hoffman49@yahoo.com
  • Special Features: 12

Interior Features

  • Levels: Two
  • Living Area: 704
  • Owner Pays: Lawncare, Sewer
  • Upper Level Sq Ft: 704
  • SqFt Total: 1056

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Not Applicable
  • List Price: 30000

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 2400

Lot Info

  • Lot Features: Partial Fencing, Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 120
  • Parcel Number: 490624158030000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 11000
  • Gross Income: 13400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1892
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 946
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2023
Sold by
Donnelly Timothy
Bought by
Hi-Tone Ventures Llc
Current Estimated Value
$181,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,250
Outstanding Balance
$226,533
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$44,036

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 28, 2013
Sold by
Gilbert Harold Thomas
Bought by
Donnelly Timothy
Seller's Agent
Terri Hoffman
The Elite Advantage, Inc.
Buyer's Agent
Robin Reese
List Price
$30,000
Sold Price
$33,333
Premium/Discount to List
$3,333
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
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
Hi-Tone Ventures Llc $168,500 None Listed On Document
Donnelly Timothy $33,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hi-Tone Ventures Llc $229,250
Previous Owner Donnelly Timothy $30,000
Previous Owner Donnelly Timothy $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $33,333 +11.1% $47 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $30,000 -- $43 / 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 $3,275 $173,500 $18,100 $155,400
2023 $3,275 $132,100 $18,100 $114,000
2022 $2,635 $111,000 $18,100 $92,900
2021 $2,121 $86,000 $3,200 $82,800
2020 $2,031 $81,900 $3,200 $78,700
2019 $1,933 $76,300 $3,200 $73,100
2018 $1,795 $69,900 $3,200 $66,700
2017 $1,507 $82,900 $3,200 $79,700
2016 $1,780 $79,700 $3,200 $76,500
2014 $1,671 $77,100 $3,200 $73,900
2013 $828 $77,100 $3,200 $73,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Terri Hoffman

    The Elite Advantage, Inc.

    Section Image

  • R

    Buyer's Agent in 2013

    Robin Reese

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21224132

MIBOR Broker Listing Cooperative®

APN: 49-06-24-158-030.000-101

Indiana Marion County Indianapolis 46208 Crown Hill

3721 Salem St, Indianapolis, IN

This home is located at 3721 Salem St, Indianapolis, IN 46208 since 04 April 2013 and is currently estimated at $181,870, approximately $258 per square foot. This property was built in 1920. 3721 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 No. 721.

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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