NOT LISTED FOR SALE

Estimated Value: $131,000 - $180,352

2 Beds
-- Bath
686 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $93,000 $136 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,016/month

12 Days on Market

About This Home

As of March 2021

Beautifully updated duplex with two occupied units! As spacious as 1 bedroom / 1 bathroom units come, these units also offer a wonderful dining area with large windows and plenty of natural sunlight. The kitchens are spacious as well as the bedroom with lots of storage! This wonderful property also has a new furnace and newer water heater! Check this winner out today just steps away from the fairground and in the Heart of Indy's Popular North Side.

Last Agent to Sell the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 12/10/2020

Last Buyer's Agent

Janis Smith

Platinum Real Estate Group LLC License #RB14044247

Platinum Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1942

Lot Details

  • 6,708

Home Design

  • Stone

Location

  • Property is near a bus stop

Community Details

  • Bancroft Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490719105080000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1942
  • Structure Type: Duplex
  • Subdivision Name: BANCROFT
  • Inspection Warranties: Not Applicable
  • Property Description: Beautifully updated duplex with two occupied units! As spacious as 1 bedroom / 1 bathroom units come, these units also offer a wonderful dining area with large windows and plenty of natural sunlight. The kitchens are spacious as well as the bedroom with lots of storage! This wonderful property also has a new furnace and newer water heater! Check this winner out today just steps away from the fairground and in the Heart of Indy's Popular North Side.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections None

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • List Price: 105000

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490719105080000101
  • Acres: <1/4 Acre
  • Lot Information: Busline
  • Lot Number: 54
  • Lot Size: 40x168

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 746
  • Semi Annual Property Tax Amt: 373
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 9, 2021
Sold by
Mnm 1 In Llc
Bought by
Brown Aaron K
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Janis Smith
Platinum Real Estate Group LLC
List Price
$105,000
Sold Price
$93,000
Premium/Discount to List
-$12,000
-11.43%
Current Estimated Value
$150,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,117
Avg. Annual Appreciation
10.16%
Original Mortgage
$69,750
Outstanding Balance
$63,261
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$80,222

Purchase Details

Listed on
Sep 12, 2018
Closed on
Sep 25, 2018
Seller's Agent
Brett Snodgrass
Red Bridge Real Estate
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$31,900
Sold Price
$31,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.68%

Purchase Details

Listed on
Sep 12, 2018
Closed on
Sep 6, 2018
Seller's Agent
Brett Snodgrass
Red Bridge Real Estate
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$31,900
Sold Price
$31,900

Purchase Details

Closed on
Apr 8, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Peghi Enterprises Llc

Purchase Details

Closed on
Dec 22, 2015
Sold by
Wood William R and Dns Realty Company Llc
Bought by
Hoosier Collins Commercial Strategies Ll
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
Brown Aaron K -- None Available
-- $25,000 --
Morris Invest Llc $25,000 Monument Title
Mnm 1 In Llc $25,000 Monument Title
-- $13,000 --
Simple Quarters Llc $13,000 Monument Title
Peghi Enterprises Llc -- Mtc
Oceanpointe Investments Limited -- Mtc
Hoosier Collins Commercial Strategies Ll $1,701 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Aaron K $69,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $93,000 -11.4% $136 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $105,000 0.0% $153 / Sq Ft
10/01/2020 10/01/20 Rented $635 0.0% --
09/25/2020 09/25/20 Under Contract -- -- --
08/28/2020 08/28/20 Price Changed $635 -2.3% $0 / Sq Ft
08/12/2020 08/12/20 Price Changed $650 +15.0% $0 / Sq Ft
08/03/2020 08/03/20 For Rent $565 0.0% --
09/26/2018 09/26/18 Sold $31,900 0.0% $23 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $31,900 -- $23 / 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 $2,594 $104,300 $3,300 $101,000
2023 $2,594 $104,300 $3,300 $101,000
2022 $2,467 $98,200 $3,300 $94,900
2021 $919 $34,800 $3,300 $31,500
2020 $909 $34,300 $2,500 $31,800
2019 $859 $31,600 $2,500 $29,100
2018 $811 $29,400 $2,500 $26,900
2017 $687 $27,200 $2,500 $24,700
2016 $1,010 $25,900 $2,500 $23,400
2014 $523 $24,200 $2,500 $21,700
2013 $503 $24,200 $2,500 $21,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21756874

MIBOR Broker Listing Cooperative®

APN: 49-07-19-105-080.000-101