NOT LISTED FOR SALE

Estimated Value: $322,000 - $364,000

3 Beds
-- Bath
1,546 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $150,000 $97 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,513/month

5 Days on Market

About This Home

As of July 2019

Tremendous opportunity in Meridian Kessler. This 3 bed per side duplex is full of old charm and located near Watson Park in the middle of area revitalization. Make this a strong cash flow property for your portfolio or live in one side and rent the other. For the experienced investor, convert into individual townhomes for big returns. Endless possibilities with little work needed.

Last Agent to Sell the Property

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 07/02/2019

Last Buyer's Agent

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 07/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1918

Lot Details

  • 7,976 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Additional Features

  • Basement

Community Details

  • Hammonds Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490613147127000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1918
  • Lot Size Acres: 0.1831
  • Subdivision Name: HAMMONDS
  • Inspection Warranties: Not Applicable
  • Property Description: Tremendous opportunity in Meridian Kessler. This 3 bed per side duplex is full of old charm and located near Watson Park in the middle of area revitalization. Make this a strong cash flow property for your portfolio or live in one side and rent the other. For the experienced investor, convert into individual townhomes for big returns. Endless possibilities with little work needed.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • List Price: 159900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490613147127000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 104
  • Lot Size: 7,976

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1396
  • Semi Annual Property Tax Amt: 698
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Jul 12, 2019
Sold by
Redevelop Indy Llc
Bought by
Loudermilk Janet S
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Brian Pachciarz
BLP Realty Group
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$343,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,000
Avg. Annual Appreciation
14.42%

Purchase Details

Listed on
Jul 2, 2019
Closed on
Jul 1, 2019
Sold by
Nationwide Home Buyers Llc
Bought by
Redevelopment Indy Llc
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
Brian Pachciarz
BLP Realty Group
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Purchase Details

Closed on
Nov 24, 2010
Sold by
Correthers James
Bought by
Correthers Enterprises Llc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Sachs Mildred J
Bought by
Correthers James
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
Loudermilk Janet S $150,000 Hocker Title
Redevelopment Indy Llc $82,500 Eagle Land Title
Nationwide Home Buyers Llc $82,500 Eagle Land Title
Correthers Enterprises Llc -- None Available
Correthers James -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $150,000 -6.2% $97 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $159,900 -- $103 / 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 $7,771 $321,000 $38,400 $282,600
2023 $7,771 $321,000 $38,400 $282,600
2022 $5,273 $336,400 $38,400 $298,000
2021 $4,769 $200,200 $11,400 $188,800
2020 $4,423 $184,600 $11,400 $173,200
2019 $1,604 $61,800 $11,400 $50,400
2018 $1,538 $58,600 $11,400 $47,200
2017 $1,379 $58,400 $11,400 $47,000
2016 $1,624 $71,600 $11,400 $60,200
2014 $1,548 $71,600 $11,400 $60,200
2013 $1,508 $113,200 $11,400 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21651943

MIBOR Broker Listing Cooperative®

APN: 49-06-13-147-127.000-801