NOT LISTED FOR SALE

Estimated Value: $65,000 - $109,599

2 Beds
-- Bath
576 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $99,000 $172 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $608/month

10 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of March 2024

Cash flow opportunity for the right investor. 1/1 Duplex with split utilities on Indy's Northside. Market rents at $1500-$1600. Plenty of opportunity for a lil TLC and forced appreciation or continue to rent with the turn key renovations that have been completed.

Last Agent to Sell the Property

Justin Capps

Ferris Property Group Brokerage Email: justin@ferrispropertygroup.com License #RB15000801 Listed on: 02/09/2024

Last Buyer's Agent

Crystal Thomas

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1940

Lot Details

  • 5,576 Sq Ft Lot

Home Design

  • Duplex
  • Bungalow
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Kinnear Hiatt Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Tax Lot 105
  • Assessor Parcel Number 490719140065000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1940
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: Kinnear Hiatt
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 49500
  • MBR_AttributionContact: justin@ferrispropertygroup.com
  • Multi Rooms: 6
  • Attribution Contact: justin@ferrispropertygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Wood
  • Direction Faces: East
  • Foundation Details: Block
  • List Price: 103950
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Heating: Forced Air, Gas
  • Laundry Features: Connections All, In Basement
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 5576
  • Parcel Number: 490719140065000101
  • Acres: <1/4 Acre
  • Price Acre: 761538

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1070
  • Tax Lot: 105
  • Semi Annual Property Tax Amt: 535
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 6, 2024
Sold by
Dass Shashank
Bought by
Bdre Indiana Llc
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Crystal Thomas
United Real Estate Indpls
List Price
$103,950
Sold Price
$99,000
Premium/Discount to List
-$4,950
-4.76%
Views
21
Current Estimated Value
$94,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,800
Avg. Annual Appreciation
3.53%
Original Mortgage
$74,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 28, 2024
Sold by
Maharjan Sooraj and Maharjan Prakriti M
Bought by
Dass Shashank
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Crystal Thomas
United Real Estate Indpls
List Price
$103,950
Sold Price
$99,000
Premium/Discount to List
-$4,950
-4.76%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2022
Sold by
Rya Investments Llc
Bought by
Sarver Tamara Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2022
Sold by
Rya Investments Llc
Bought by
Sarver Tamara Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2021
Sold by
Hall Of Farmers Realty Group Llc
Bought by
Maharjan Sooraj and Maharjan Prakriti M

Purchase Details

Closed on
May 7, 2020
Sold by
Tamela Meads Llc
Bought by
Hall Farmers Realty Group Llc

Purchase Details

Closed on
Jul 26, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Tamela Meads Llc

Purchase Details

Closed on
Jul 20, 2016
Sold by
Bariy Investments Llc
Bought by
Oceanpointe Investments Limited

Purchase Details

Closed on
May 26, 2016
Sold by
Reo Logic Indiana Holdings Llc
Bought by
Bariy Investments Llc

Purchase Details

Closed on
Jun 30, 2015
Sold by
Us Bank
Bought by
Reo Logic Indiana Holdings Llc

Purchase Details

Closed on
Jun 16, 2015
Sold by
Abundant Resources Llc
Bought by
Us Bank and Tlcf 2012A Llc

Purchase Details

Closed on
Dec 12, 2011
Sold by
Rouse Felicia
Bought by
Abundant Resources Llc

Purchase Details

Closed on
Feb 12, 2007
Sold by
La Homes Inc
Bought by
Rouse Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
10.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2006
Sold by
Edward And Tucker Holdings Llc
Bought by
La Homes Inc
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
Bdre Indiana Llc -- None Listed On Document
Dass Shashank -- None Listed On Document
Sarver Tamara Marie -- Hall Render Killian Heath & Ly
Sarver Tamara Marie -- Hall Render Killian Heath & Ly
Maharjan Sooraj $45,000 None Available
Hall Farmers Realty Group Llc $25,000 Victory Title, Inc.
Tamela Meads Llc -- Mtc
Oceanpointe Investments Limited -- Mtc
Bariy Investments Llc $5,660 None Available
Reo Logic Indiana Holdings Llc -- None Available
Us Bank $2,531 None Available
Abundant Resources Llc $3,000 None Available
Rouse Felicia -- None Available
La Homes Inc -- None Available
La Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dass Shashank $74,250
Previous Owner Sarver Tamara Marie $103,098
Previous Owner Sarver Tamara Marie $103,098
Previous Owner Rouse Felicia $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $99,000 -4.8% $172 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $103,950 -- $180 / 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 $1,135 $43,600 $3,300 $40,300
2023 $1,135 $43,600 $3,300 $40,300
2022 $1,070 $41,100 $3,300 $37,800
2021 $789 $29,900 $3,300 $26,600
2020 $776 $29,300 $2,700 $26,600
2019 $734 $27,000 $2,700 $24,300
2018 $696 $25,200 $2,700 $22,500
2017 $1,141 $23,400 $2,700 $20,700
2016 $2,087 $22,200 $2,700 $19,500
2014 $452 $20,900 $2,700 $18,200
2013 $481 $20,900 $2,700 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21960402

MIBOR Broker Listing Cooperative®

APN: 49-07-19-140-065.000-101