$215,000
SOLD JUN 30, 2025
5 Beds
2 Baths
1,820 Sq Ft
5,800 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

7% Below List Price

29 Days on Market

About This Home

As of June 2025

Investor alert! Don't miss this exceptional opportunity to add a cash-flowing, fully renovated duplex to your rental portfolio. This property features two income-producing units, both approved for Section 8 housing-ensuring consistent rent payments and reduced vacancy risk. The 3-bedroom, 1-bath unit rents for $2,100/month and includes updated finishes, a modern kitchen with stove, refrigerator, and microwave, plus in-unit laundry with a washer and dryer-an attractive feature for long-term tenants. The 2-bedroom, 1-bath unit is leased at $1,619/month and also includes a renovated kitchen with stove and refrigerator. All utilities are paid by the owner, streamlining tenant responsibilities and increasing rental desirability. With a total gross monthly rent of $3,719, this duplex offers immediate income and long-term upside in a growing rental market. This is a true turnkey property with no upfront renovation costs. Whether you're a seasoned investor or just getting started, this property is a smart buy with dependable returns. The tentative move-in date for both units is June 1, 2025.

Last Agent to Sell the Property

Erica Shupert

Redfin Corporation Brokerage Email: erica.shupert@redfin.com License #RB14041620 Listed on: 04/24/2025

Redfin Corporation

Last Buyer's Agent

Lawton Link

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 1930

Home Design

  • Duplex
  • Traditional Architecture

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 5,800 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electricity, gas, taxes, water
  • Tax Lot 3
  • Assessor Parcel Number 490733170016000101
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,930

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1930
  • Lot Size Acres: 0.13
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://www.redfin.com/agent/erica-shupert
  • Conversion: Yes
  • MBR_AttributionContact: erica.shupert@redfin.com
  • Attribution Contact: erica.shupert@redfin.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Owner Pays: Electricity, Gas, Taxes, Water

Exterior Features

  • Road Access: Frontage Road

Utilities

  • Heating: Forced Air
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5800
  • Parcel Number: 490733170016000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2930
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 1465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 27, 2025
Sold by
Turner Consultants Llc-S
Bought by
Day Michael
Seller's Agent
Erica Shupert
Redfin Corporation
Buyer's Agent
Lawton Link
Keller Williams Indy Metro S
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Views
65
Current Estimated Value
$204,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,155
Avg. Annual Appreciation
-7.75%
Original Mortgage
$161,250
Outstanding Balance
$160,279
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$44,566

Purchase Details

Closed on
Apr 2, 2025
Sold by
Sauer Gregory
Bought by
Turner Consultants Llc-S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
20%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2024
Sold by
Komsiski Peter Orlin and Komsiski Phillip George
Bought by
Sauer Gregory
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,250 New Conventional
Previous Owner $140,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $215,000 -6.5% $118 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $230,000 -- $126 / 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 $3,017 $105,400 $12,800 $92,600
2023 $3,017 $105,400 $12,800 $92,600
2022 $3,021 $105,400 $12,800 $92,600
2021 $2,953 $96,600 $11,600 $85,000
2020 $2,945 $96,600 $11,600 $85,000
2019 $2,881 $92,900 $11,600 $81,300
2018 $2,966 $92,900 $11,600 $81,300
2017 $2,582 $91,000 $11,600 $79,400
2016 $2,335 $86,600 $11,600 $75,000
2014 $2,509 $85,900 $11,600 $74,300
2013 $2,538 $85,900 $11,600 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22034654

MIBOR Broker Listing Cooperative®

APN: 49-07-33-170-016.000-101