3818 Central Ave Indianapolis, IN 46205
Meridian Kessler Neighborhood
--
Bed
--
Bath
--
Sq Ft
8,699
Sq Ft Lot
About This Home
As of August 2022Searching for the perfect Airbnb investment? Look no further! This package includes eight fully occupied, income producing units between two properties with strong historical financials. Both have been meticulously maintained and operated. Signed NDA and POF required for access to property financials.
Last Agent to Sell the Property
Cory Gardner
Gardner Property Group Listed on: 06/28/2022
Last Buyer's Agent
Cory Gardner
Gardner Property Group Listed on: 06/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,066
Year Built
- Built in 1920
Home Design
- Traditional Architecture
- Brick Exterior Construction
Additional Features
- 2-Story Property
- 8,699 Sq Ft Lot
Listing and Financial Details
- Tenant pays for rent only
- The owner pays for insurance, taxes, sewer, all utilities
- Assessor Parcel Number 490613118014000801
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2022
Closed on
Aug 19, 2022
Sold by
B2cue Inc
Bought by
Ripple Flow Holdings Llc
Seller's Agent
Cory Gardner
Gardner Property Group
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$1,250,000
Sold Price
$1,319,700
Premium/Discount to List
$69,700
5.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.08%
Original Mortgage
$527,880
Outstanding Balance
$506,037
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$190,269
Purchase Details
Closed on
Jan 23, 2017
Sold by
Voorhies Julie L
Purchase Details
Listed on
Oct 5, 2011
Closed on
Jul 2, 2012
Sold by
Miller Linda
Bought by
Ldr Realty Llc
Seller's Agent
Brian Rule
F.C. Tucker Company
Buyer's Agent
Barbara Buffington
BLB Real Estate, LLC
List Price
$100,000
Sold Price
$62,000
Premium/Discount to List
-$38,000
-38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.18%
Purchase Details
Closed on
Jan 12, 2011
Sold by
Ossian State Bank
Bought by
Miller Linda
Purchase Details
Closed on
Mar 17, 2010
Sold by
Diversified Investments Llc
Bought by
Ossian State Bank
Purchase Details
Closed on
Aug 4, 2006
Sold by
Eagle Property Group Llc
Bought by
Diversified Investments Llc
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Investors Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $27,000 | -- | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | -- | None Available | |
| Sheriffs Deed | $62,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $527,880 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $700,000 | 0.0% | -- |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $700,000 | -47.0% | -- |
| 08/22/2022 08/22/22 | Sold | $1,319,700 | -0.4% | -- |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | Price Changed | $1,325,000 | +6.0% | -- |
| 06/28/2022 06/28/22 | For Sale | $1,250,000 | +733.3% | -- |
| 04/26/2017 04/26/17 | Sold | $150,000 | -6.3% | -- |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 02/28/2017 02/28/17 | For Sale | $160,000 | +158.1% | -- |
| 07/02/2012 07/02/12 | Sold | $62,000 | -38.0% | -- |
| 06/13/2012 06/13/12 | Pending | -- | -- | -- |
| 10/05/2011 10/05/11 | For Sale | $100,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $4,016 | $314,600 | $23,000 | $291,600 |
| 2023 | $4,016 | $163,800 | $23,000 | $140,800 |
| 2022 | $2,289 | $91,600 | $11,500 | $80,100 |
| 2021 | $2,067 | $84,300 | $10,400 | $73,900 |
| 2020 | $2,070 | $84,300 | $10,400 | $73,900 |
| 2019 | $2,000 | $79,900 | $10,400 | $69,500 |
| 2018 | $2,013 | $79,900 | $10,400 | $69,500 |
| 2017 | $1,753 | $77,600 | $10,400 | $67,200 |
| 2016 | $1,649 | $74,500 | $10,400 | $64,100 |
| 2014 | $1,537 | $71,100 | $10,400 | $60,700 |
| 2013 | $1,484 | $71,400 | $10,500 | $60,900 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Gardner
Seller's Agent in 2025
Cory Gardner
Gardner Property Group
(260) 705-7325
4 in this area
54 Total Sales
-
Scott Wynkoop
Seller's Agent in 2017
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
(317) 590-5032
3 in this area
269 Total Sales
-
W
Buyer's Agent in 2017
William Bryant
-
B
Seller's Agent in 2012
Brian Rule
F.C. Tucker Company
-
B
Seller Co-Listing Agent in 2012
Blake Miller
F.C. Tucker Company
-
B
Buyer's Agent in 2012
Barbara Buffington
BLB Real Estate, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21866512
APN: 49-06-13-118-014.000-801
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