NOT LISTED FOR SALE

Estimated Value: $120,000 - $179,000

2 Beds
-- Bath
772 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2022

Last sale price $120,000 $155 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,013 / mo

3 Days on Market

About This Home

As of February 2022

Cash flowing duplex located on the Eastside of Indianapolis! This property features 2 bedrooms and 1 bathroom per side. Both sides are fully occupied. Tenant rights apply. One side is bringing in $875/per month and the other side is bringing in $596/per month. As to not disturb the tenants, showings will only be allowed with an accepted offer.

Last Agent to Sell the Property

Hayley Wild

Compass Indiana, LLC Listed on: 01/19/2022

Compass Indiana, LLC

Last Buyer's Agent

R. Michelle Lockhart

Highgarden Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,498

Year Built

  • 1937

Lot Details

  • 5,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,498

Year Built

1937

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Other
  • Directions: South on Sherman - West on Vermont
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: HARTMANS ADD ROBISON & VOORHEES
  • Special Features: None
  • Year Built: 1937

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Other
  • Owner Pays: Insurance, Taxes, Sewer

Exterior Features

  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 43
  • Lot Size: 5,401

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, All Utilities, Water

Tax Info

  • Semi Annual Property Tax Amt: 749
  • Tax Exemption: None
  • Tax Annual Amount: 1498
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 28, 2022
Sold by
Joshua Drummond
Bought by
Minich Jacob A and Minich Samantha R
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
R. Michelle Lockhart
Highgarden Real Estate
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%
Current Estimated Value
$148,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,335
Avg. Annual Appreciation
5.24%
Original Mortgage
$90,000
Outstanding Balance
$82,926
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$65,409

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 18, 2022
Sold by
Joshua Drummond
Bought by
Minich Jacob A and Minich Samantha R
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
R. Michelle Lockhart
Highgarden Real Estate
List Price
$99,900
Sold Price
$120,000
Premium/Discount to List
$20,100
20.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$82,926
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$65,409

Purchase Details

Closed on
Dec 7, 2020
Sold by
Drummond Worldwide Llc
Bought by
Drummond Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2020
Sold by
Drummond Worldwide Llc
Bought by
Drummond Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Cth Homes Llc
Bought by
Drummond Worldwide Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2015
Sold by
Smith George A
Bought by
Cth Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Cth Homes Llc
Bought by
Smith George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Minich Jacob A -- Investors Title
Minich Jacob A $120,000 Investors Title
Drummond Joshua -- None Listed On Document
Drummond Joshua -- Ata National Title
Drummond Joshua -- Ata National Title
Drummond Worldwide Llc $59,900 Investors Title Service
Cth Homes Llc -- Mtc
Smith George A -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minich Jacob A $90,000
Closed Minich Jacob A $90,000
Previous Owner Drummond Joshua $48,000
Previous Owner Drummond Joshua $48,000
Previous Owner Drummond Worldwide Llc $45,000
Previous Owner Smith George A $41,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $120,000 +20.1% $155 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $99,900 -- $129 / 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 $2,779 $128,500 $6,100 $122,400
2024 $2,618 $117,100 $6,100 $111,000
2023 $2,618 $105,300 $6,100 $99,200
2022 $2,692 $109,500 $6,100 $103,400
2021 $1,959 $79,900 $6,100 $73,800
2020 $1,770 $71,500 $2,300 $69,200
2019 $1,668 $65,900 $2,300 $63,600
2018 $1,609 $62,900 $2,300 $60,600
2017 $1,411 $61,300 $2,300 $59,000
2016 $1,269 $55,900 $2,300 $53,600
2014 $1,027 $47,500 $2,300 $45,200
2013 $505 $51,300 $2,300 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21834367

MIBOR Broker Listing Cooperative®

APN: 49-10-05-133-045.000-101

Your Personal Tour Guide

Ask me questions while you tour the home.