NOT LISTED FOR SALE

Estimated Value: $196,764

5 Beds
2 Baths
1,820 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Last sale price $215,000 $118 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,307 / mo

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

Lot Details

  • 5,800

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

5,800 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jun 27, 2025
Sold by
Bought by
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
$196,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,236
Avg. Annual Appreciation
-9.18%
Original Mortgage
$161,250
Outstanding Balance
$160,279
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$36,485

Purchase Details

Closed on
Apr 2, 2025
Sold by
Bought by

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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $161,250
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,936 $151,000 $12,800 $138,200
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

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