NOT LISTED FOR SALE

3815 E Michigan St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $81,000 - $150,000

2 Beds
-- Bath
672 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $20,000 $30 Per Sq Ft

Est. 478% increase in value since last sale

Current estimated payment $805/month

9 Days on Market

About This Home

As of December 2020

This duplex is priced to sell. Due to some fire damage, this Investment has been priced perfectly for your portfolio. With some work, this will be a great rental for you. Each side has 2 bedrooms and 1 bath and will rent quickly. Schedule your private showing today as this one is definitely going to sell quickly.

Last Agent to Sell the Property

Jennifer Wilmoth

Wilmoth Group License #RB14030996 Listed on: 09/22/2020

Last Buyer's Agent

Joe Sullivan

Sullivan Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,396 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Additional Features

  • Basement

Community Details

  • Bradley Denny & Atkinson Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 49-10-04-122-205.000-101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Lot Size Acres: 0.055
  • Subdivision Name: BRADLEY DENNY & ATKINSON
  • Inspection Warranties: Not Applicable
  • Property Description: This duplex is priced to sell. Due to some fire damage, this Investment has been priced perfectly for your portfolio. With some work, this will be a great rental for you. Each side has 2 bedrooms and 1 bath and will rent quickly. Schedule your private showing today as this one is definitely going to sell quickly.
  • Transaction Type: Sale
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 19999

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 49-10-04-122-205.000-101
  • Acres: <1/4 Acre
  • Lot Information: Curbs
  • Lot Number: 182
  • Lot Size: 2,396

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: 1166
  • Semi Annual Property Tax Amt: 583
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Big A Trust
Bought by
Vazquez Caty
Current Estimated Value
$115,500

Purchase Details

Closed on
Oct 16, 2020
Sold by
Big A Living Trust
Bought by
Vazquez Caty

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 24, 2019
Sold by
Garrity Robert Edward
Bought by
Big A Living Trust
Seller's Agent
Jason Kraus
RE/MAX Advanced Realty
Buyer's Agent
Jennifer Wilmoth
Wilmoth Group
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%

Purchase Details

Closed on
Jul 20, 2018
Sold by
Hce Llc
Bought by
Garrity Robert Edward

Purchase Details

Listed on
Jul 19, 2017
Closed on
Jun 30, 2017
Sold by
Hedback Todd
Seller's Agent
John Pfeifer
Buyer's Agent
John Pfeifer
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
Original Mortgage
$48,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 2005
Sold by
Kazmierzak Roy
Bought by
Hedback Todd
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
Vazquez Caty $20,000 Hocker Title
Vazquez Caty -- None Listed On Document
Big A Living Trust $42,500 Hocker Title
Garrity Robert Edward -- None Available
-- $40,000 --
Hce Llc $40,000 Paramount Title Agency
Hedback Todd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hce Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $20,000 0.0% $30 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $19,999 -47.4% $30 / Sq Ft
05/24/2019 05/24/19 Sold $38,000 -23.8% $57 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $49,900 +24.8% $74 / Sq Ft
07/19/2017 07/19/17 Sold $40,000 0.0% $60 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $40,000 -- $60 / 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 $2,314 $98,500 $4,100 $94,400
2023 $2,314 $93,300 $4,100 $89,200
2022 $2,227 $90,100 $4,100 $86,000
2021 $1,536 $62,300 $4,100 $58,200
2020 $1,573 $63,700 $1,500 $62,200
2019 $1,567 $62,300 $1,500 $60,800
2018 $1,517 $59,700 $1,500 $58,200
2017 $1,260 $54,900 $1,500 $53,400
2016 $1,134 $50,100 $1,500 $48,600
2014 $1,023 $47,300 $1,500 $45,800
2013 $1,317 $49,300 $1,500 $47,800
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wilmoth

    Seller's Agent in 2020

    Jennifer Wilmoth

    Wilmoth Group

    (239) 233-4586

    8 in this area

    138 Total Sales

    Jennifer Wilmoth
    Section Image

  • J

    Buyer's Agent in 2020

    Joe Sullivan

    Sullivan Realty Group, LLC

    Section Image
  • Jason Kraus

    Seller's Agent in 2019

    Jason Kraus

    RE/MAX Advanced Realty

    (317) 714-9580

    2 in this area

    101 Total Sales

    Jason Kraus
    Section Image

  • J

    Seller's Agent in 2017

    John Pfeifer

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21740641

MIBOR Broker Listing Cooperative®

APN: 49-10-04-122-205.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

3815 E Michigan St, Indianapolis, IN

This home is located at 3815 E Michigan St, Indianapolis, IN 46201 since 22 September 2020 and is currently estimated at $115,500, approximately $171 per square foot. This property was built in 1900. 3815 E Michigan St is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High School.

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.

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