NOT LISTED FOR SALE

Estimated Value: $245,000 - $300,532

2 Beds
1 Bath
1,217 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $281,000 $231 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,828/month

100 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Air
  • Heating Available

About This Home

As of December 2024

Discover the perfect blend of convenience and comfort with this charming duplex located in the desirable Meridian Kessler neighborhood. Situated next to the Monon Trail, it's ideal for biking or leisurely strolls, and just two blocks from the New Red Line, providing easy access to public transportation. This prime location places you minutes from Downtown Indy and Broad Ripple, offering a variety of dining, shopping, and entertainment options. The upper unit features a spacious three-bedroom layout, a full bathroom, and the convenience of in-unit laundry with a washer and dryer provided. The well-appointed kitchen opens into bright living and dining rooms, all with beautiful hardwood floors throughout. Each bedroom and the living room have individual climate-controlled AC/Heat systems, ensuring comfort year-round. This unit also offers off-street parking, including a shared two-car garage and driveway space for guests, with additional street parking available. The lower unit is another spacious three-bedroom residence, also boasting custom temperature control systems for each living space. Off-street parking and garage storage are included, providing ample space for vehicles and belongings. This duplex offers a unique opportunity to live in one of Indianapolis's most sought-after neighborhoods while enjoying the benefits of rental income or expanding your investment portfolio. Enjoy the proximity to the Monon Trail for outdoor activities and easy access to local amenities and transportation. Don't miss out on this prime property in Meridian Kessler.

Last Agent to Sell the Property

Eric Lantz

F.C. Tucker Company Brokerage Email: eric.lantz@talktotucker.com License #RB14047220 Listed on: 07/16/2024

F.C. Tucker Company

Co-Listed By

Rob Measel

F.C. Tucker Company Brokerage Email: eric.lantz@talktotucker.com License #RB14022044

Last Buyer's Agent

Alex Montagano

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 1918

Lot Details

  • 5,445

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Foundation

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 2-Story Property
  • 5,445 Sq Ft Lot
  • Basement

Community Details

  • Hammonds Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • The owner pays for water
  • Tax Lot 49-06-13-147-067.000-801
  • Assessor Parcel Number 490613147067000801
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,040

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1918
  • Co List Office Phone: 317-686-0612
  • Lot Size Acres: 0.13
  • Subdivision Name: Hammonds
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: eric.lantz@talktotucker.com
  • Attribution Contact: eric.lantz@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asbestos Shingle
  • Foundation Details: Brick
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Electric
  • Laundry Features: Connections All, Main Level
  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5445
  • Parcel Number: 490613147067000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Tax Info

  • Tax Annual Amount: 4040
  • Tax Lot: 49-06-13-147-067.000-801
  • Semi Annual Property Tax Amt: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Dec 11, 2024
Sold by
Lantz James
Bought by
Roehm Jacob
Seller's Agent
Eric Lantz
F.C. Tucker Company
Buyer's Agent
Alex Montagano
eXp Realty, LLC
List Price
$330,000
Sold Price
$281,000
Premium/Discount to List
-$49,000
-14.85%
Views
66
Current Estimated Value
$275,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,156
Avg. Annual Appreciation
-1.83%
Original Mortgage
$271,418
Outstanding Balance
$269,062
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$6,782

Purchase Details

Closed on
Aug 30, 2021
Sold by
Jwl Properties Llc
Bought by
Lantz James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
Jwl Properties Llc
Bought by
Jwl Properties Llc

Purchase Details

Closed on
May 4, 2018
Sold by
Lantz James W
Bought by
Jwl Properties Llc

Purchase Details

Listed on
Jul 26, 2017
Closed on
Oct 20, 2017
Sold by
Greg D
Bought by
James W
Seller's Agent
Stephen Barton
Real Broker, LLC
Buyer's Agent
Eric Lantz
F.C. Tucker Company
List Price
$900
Sold Price
$122,500
Premium/Discount to List
$121,600
13511.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$90,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2016
Sold by
Morris Mark and Lange Sarah
Bought by
Crider Greg D

Purchase Details

Closed on
Aug 6, 2009
Sold by
Lange Sarah
Bought by
Morris Mark and Lange Sarah

Purchase Details

Closed on
Jan 28, 2008
Sold by
Household Finance Corp Iii
Bought by
Lange Sarah

Purchase Details

Closed on
Mar 22, 2007
Sold by
Shannon Mary Theresa and Acceptance Premier
Bought by
Household Finance Corp Iii
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
Roehm Jacob -- First American Title
Roehm Jacob $281,000 First American Title
Lantz James -- None Available
Jwl Properties Llc -- None Available
Jwl Properties Llc -- None Available
James W $122,500 --
Lantz James W $122,500 First American Title
Crider Greg D -- None Available
Morris Mark -- None Available
Lange Sarah -- Ctic Carmel
Household Finance Corp Iii $50,653 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roehm Jacob $271,418
Closed Roehm Jacob $271,418
Previous Owner Lantz James $196,000
Previous Owner Lantz James W $90,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $281,000 -6.0% $231 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $299,000 -5.1% $246 / Sq Ft
08/13/2024 08/13/24 Price Changed $315,000 -4.5% $259 / Sq Ft
07/16/2024 07/16/24 For Sale $330,000 0.0% $271 / Sq Ft
10/19/2022 10/19/22 Rented $1,095 0.0% --
10/05/2022 10/05/22 Under Contract -- -- --
09/01/2022 09/01/22 For Rent $1,095 +21.7% --
12/04/2019 12/04/19 Rented $900 0.0% --
11/20/2019 11/20/19 Under Contract -- -- --
11/04/2019 11/04/19 Price Changed $900 -5.3% $1 / Sq Ft
10/05/2019 10/05/19 For Rent $950 0.0% --
10/20/2017 10/20/17 Sold $122,500 +13511.1% $101 / Sq Ft View Prior Sale
07/26/2017 07/26/17 For Sale $900 -- $1 / 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 $4,524 $184,700 $31,500 $153,200
2023 $4,524 $184,700 $31,500 $153,200
2022 $4,176 $193,200 $31,500 $161,700
2021 $3,772 $157,400 $9,200 $148,200
2020 $3,651 $151,700 $9,200 $142,500
2019 $3,478 $141,600 $9,200 $132,400
2018 $3,321 $133,800 $9,200 $124,600
2017 $2,003 $88,200 $9,200 $79,000
2016 $1,591 $70,500 $9,200 $61,300
2014 $1,548 $71,300 $9,200 $62,100
2013 $1,414 $170,100 $9,200 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21984917

MIBOR Broker Listing Cooperative®

APN: 49-06-13-147-067.000-801