NOT LISTED FOR SALE

Estimated Value: $87,000 - $101,000

1 Bed
-- Bath
576 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $75,000 $130 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $668/month

7 Days on Market

About This Home

As of February 2022

Great value add opportunity with a currently cash-flowing duplex. It is currently set up as 2 bed 1 bath per side with current rents well below market value sitting at $450 per side per month. Basements on these allow for additional living space for additional room to increase rents.

Last Agent to Sell the Property

Joseph Horan

Redfin Corporation License #RB17001260 Listed on: 12/01/2021

Redfin Corporation

Last Buyer's Agent

Hayley Wild

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • 1950

Lot Details

  • 6,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Architectural Style: Ranch
  • Directions: GPS
  • New Construction: No
  • Subdivision Name: BANCROFTS BOULEVARD HEIGHTS
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Basement YN: Yes
  • Owner Pays: Sewer

Exterior Features

  • Foundation Details: Block
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 19
  • Lot Size: 6,752

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 611
  • Tax Exemption: None
  • Tax Annual Amount: 1222
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Joe King
Bought by
Really Good Deeds Indy Llc
Current Estimated Value
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Outstanding Balance
$658,638
Interest Rate
5.78%
Estimated Equity
-$553,909

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 9, 2022
Sold by
Wrightwood Homes Llc
Bought by
King Joe
Seller's Agent
Joseph Horan
Redfin Corporation
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 4, 2022
Sold by
Wrightwood Homes Llc
Bought by
King Joe
Seller's Agent
Joseph Horan
Redfin Corporation
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Purchase Details

Closed on
Dec 1, 2021
Sold by
Lovies Rentals Inc
Bought by
Wrightwood 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
$59,000
Interest Rate
3.14%
Mortgage Type
Seller Take Back
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
Really Good Deeds Indy Llc -- Servicelink
King Joe -- Investors Title
King Joe $75,000 Investors Title
Wrightwood Homes Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Really Good Deeds Indy Llc $837,000
Previous Owner Wrightwood Homes Llc $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $75,000 -16.6% $130 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $89,900 -- $156 / 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 $1,878 $74,900 $3,300 $71,600
2023 $1,878 $74,900 $3,300 $71,600
2022 $1,765 $70,500 $3,300 $67,200
2021 $1,268 $50,700 $3,300 $47,400
2020 $1,320 $52,800 $2,500 $50,300
2019 $1,241 $48,500 $2,500 $46,000
2018 $1,167 $45,000 $2,500 $42,500
2017 $975 $41,500 $2,500 $39,000
2016 $911 $39,400 $2,500 $36,900
2014 $796 $36,800 $2,500 $34,300
2013 $765 $36,800 $2,500 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21827049

MIBOR Broker Listing Cooperative®

APN: 49-07-19-105-073.000-101