NOT LISTED FOR SALE

38 Hendricks Place Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $274,000 - $351,000

2 Beds
-- Bath
672 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $333,000 $496 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,801/month

3 Days on Market

About This Home

As of July 2023

Near Eastside, downtown duplex! 2bed 2bath per side; Perfect for you to live on 1 side & generate income from a tenant on the other or place 2 tenants for cash flow. Recent improvements include new roof, pex plumbing, subfloor, LVP flooring, carpet, paint, down 2 studs remodeled kitchens & tiled baths, light fixtures, mini-split a/c units. This property comes move in ready w new stainless steel appliances and washer / dryer sets. New gravel parking lot for multiple cars. Appreciation opportunity with a new home being built directly behind you! Walk to Neidhammer Coffee Co. Conveniently commute in & out of downtown on Washington St. Just north of New Twin Aire Development. 7 min drive to Mass Ave & Ft Square fun!

Last Agent to Sell the Property

Tyler Willis

@properties Brokerage Email: twillis@atpropertiesind.com License #RB21000475 Listed on: 07/06/2023

@properties

Last Buyer's Agent

Lorie Blythe

The Stewart Home Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1927

Lot Details

  • 4,008

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 4,008 Sq Ft Lot
  • Basement

Community Details

  • State Plaza Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 491006159063000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$974

Year Built

Built in 1927

Lot Details

4,008 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1927
  • Lot Size Acres: 0.09
  • Subdivision Name: State Plaza
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: twillis@atpropertiesind.com
  • Attribution Contact: twillis@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4008
  • Parcel Number: 491006159063000101
  • Zoning: Multi
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 974
  • Tax Lot: 101
  • Semi Annual Property Tax Amt: 487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 31, 2023
Sold by
Infinite Routes Llc
Bought by
Ellis William B
Seller's Agent
Tyler Willis
@properties
Buyer's Agent
Lorie Blythe
The Stewart Home Group
List Price
$325,000
Sold Price
$333,000
Premium/Discount to List
$8,000
2.46%
Views
152
Current Estimated Value
$312,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,500
Avg. Annual Appreciation
-2.46%
Original Mortgage
$283,050
Outstanding Balance
$276,430
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$36,070

Purchase Details

Closed on
Sep 5, 2022
Sold by
Hoosier Flippers Llc
Bought by
Infinite Routes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 2022
Sold by
Vernon Allen
Bought by
Sampson John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2015
Sold by
Stevens Mark A
Bought by
Andrews Vernon R

Purchase Details

Closed on
Jan 18, 2011
Sold by
Stevens Mark A
Bought by
Andrews Vernon R

Purchase Details

Closed on
Oct 13, 2006
Sold by
Stevenson Kenneth W
Bought by
Stevens Mark A and Stevens Kenneth S

Purchase Details

Closed on
Oct 3, 2005
Sold by
Juan Sonia
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Jan 9, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Stevenson Kenneth W
Source: Public Records
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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
Ellis William B -- Quality Title
Infinite Routes Llc $99,000 Eagle Land Title
Hoosier Flippers Llc -- Eagle Land Title
Sampson John T -- None Listed On Document
Andrews Vernon R -- None Available
Andrews Vernon R $20,000 None Available
Stevens Mark A -- None Available
Jp Morgan Chase Bank $21,000 None Available
Stevenson Kenneth W -- Investors Titlecorp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis William B $283,050
Previous Owner Hoosier Flippers Llc $115,500
Closed Andrews Vernon R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $333,000 +2.5% $496 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $325,000 -- $484 / 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
2024 $2,349 $102,800 $15,000 $87,800
2023 $2,349 $94,000 $15,000 $79,000
2022 $1,564 $126,400 $15,000 $111,400
2021 $1,090 $96,500 $15,000 $81,500
2020 $830 $83,000 $2,200 $80,800
2019 $616 $65,800 $2,200 $63,600
2018 $638 $64,400 $2,200 $62,200
2017 $534 $61,500 $2,200 $59,300
2016 $473 $55,900 $2,200 $53,700
2014 $1,075 $52,300 $2,200 $50,100
2013 $1,075 $52,300 $2,200 $50,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tyler Willis

    @properties

    (317) 353-4762

    6 in this area

    39 Total Sales

    Tyler Willis
    Section Image

  • L

    Buyer's Agent in 2023

    Lorie Blythe

    The Stewart Home Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930776

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-063.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

38 Hendricks Place, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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