NOT LISTED FOR SALE

3902 Aurora St Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $205,000 - $247,000

2 Beds
-- Bath
780 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2022

Last sale price $170,000 $218 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,462 / mo

32 Days on Market

About This Home

As of April 2022

This is a great investment property. Double near Indianapolis University has brick/vinyl exterior with separate driveways for each side. Property has longs term tenants in each side. Showing slots are Monday & Wednesdays 6:30-7:30PM and Saturday 12-2 PM. We are only showing the 3902 unit. Once we have accepted PA, both units will be available for inspection. Tenants have been in property for 13 years and 7 years. One is Month to Month and other other expires 4/30/2022.

Last Agent to Sell the Property

Tim Bradley

Discover Properties, LLC Listed on: 02/05/2022

Co-Listed By

Amber Bradley

Discover Properties, LLC

Last Buyer's Agent

Tyler Lingle

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1966

Lot Details

  • 4,704

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Community Details

  • South Indianapolis Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for inshazard, water
  • Assessor Parcel Number 491030118255000574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,144

Year Built

Built in 1966

Lot Details

4,704 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1966
  • Co List Office Phone: 317-254-8888
  • Structure Type: Duplex
  • Subdivision Name: SOUTH INDIANAPOLIS
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Water
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491030118255000574
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner
  • Lot Number: 40
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 2144
  • Semi Annual Property Tax Amt: 1072
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Apr 5, 2022
Sold by
Aurora Holdings Llc
Bought by
Nain Amit Kumar
Seller's Agent
Tim Bradley
Discover Properties, LLC
Buyer's Agent
Tyler Lingle
@properties
Sold Price
$170,000
Current Estimated Value
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,000
Avg. Annual Appreciation
7.40%
Original Mortgage
$127,500
Outstanding Balance
$117,809
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$108,191

Purchase Details

Closed on
Feb 8, 2022
Sold by
Andrew Lawson William
Bought by
Aurora Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$117,809
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$108,191

Purchase Details

Closed on
Jan 21, 2022
Sold by
Andrew Lawson William
Bought by
Aurora Holdings Llc

Purchase Details

Closed on
Dec 5, 2011
Sold by
Mascari Michael A
Bought by
Lawson William Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Newmarq Capital Llc
Bought by
Mascari Michael A

Purchase Details

Closed on
Dec 29, 2007
Sold by
Morris Investments E Lp
Bought by
Newmarq Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nain Amit Kumar $170,000 None Listed On Document
Aurora Holdings Llc -- Willis Law
Aurora Holdings Llc -- Willis Law
Lawson William Andrew -- None Available
Mascari Michael A -- Midwest Title Corporation
Newmarq Capital Llc $8,135 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nain Amit Kumar $127,500
Previous Owner Lawson William Andrew $35,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $170,000 -5.0% $218 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/03/2022 03/03/22 For Sale -- -- --
02/08/2022 02/08/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $179,000 0.0% $229 / Sq Ft
06/13/2015 06/13/15 Rented $570 0.0% --
05/19/2015 05/19/15 Under Contract -- -- --
05/05/2015 05/05/15 For Rent $570 0.0% --
05/21/2013 05/21/13 Rented $570 0.0% --
05/21/2013 05/21/13 Under Contract -- -- --
12/04/2012 12/04/12 For Rent $570 0.0% --
09/05/2012 09/05/12 Rented $570 0.0% --
09/05/2012 09/05/12 Under Contract -- -- --
07/06/2012 07/06/12 For Rent $570 -- --
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
2025 $2,940 $150,500 $10,900 $139,600
2024 $3,075 $115,500 $10,900 $104,600
2023 $3,075 $115,500 $10,900 $104,600
2022 $2,865 $106,700 $10,900 $95,800
2021 $2,492 $90,900 $10,900 $80,000
2020 $2,275 $82,100 $10,900 $71,200
2019 $2,086 $74,500 $5,500 $69,000
2018 $2,022 $101,500 $5,500 $96,000
2017 $2,657 $97,300 $5,500 $91,800
2016 $2,244 $81,400 $5,500 $75,900
2014 $2,379 $98,100 $5,500 $92,600
2013 $2,686 $113,700 $5,500 $108,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tim Bradley

    Discover Properties, LLC

    Section Image

  • T

    Buyer's Agent in 2022

    Tyler Lingle

    @properties

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Amber Bradley

    Discover Properties, LLC

    (317) 254-8888

    33 Total Sales

    Amber Bradley
    Section Image

  • T

    Buyer's Agent in 2013

    Taylor Williams

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21836262

MIBOR Broker Listing Cooperative®

APN: 49-10-30-118-255.000-574

Indiana Marion County Indianapolis 46227 University Heights

3902 Aurora St, 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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