NOT LISTED FOR SALE

402 N State Ave Indianapolis, IN 46201

Holy Cross Neighborhood

Estimated Value: $213,000 - $269,000

2 Beds
-- Bath
496 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $74,000 $149 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,536/month

171 Days on Market

About This Home

As of March 2013

This home is located at 402 N State Ave, Indianapolis, IN 46201 since 07 May 2012 and is currently estimated at $241,000, approximately $485 per square foot. This property was built in 1915. 402 N State Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

Last Agent to Sell the Property

Amy Limpus

The Property Shop of Indiana Listed on: 05/07/2012

Last Buyer's Agent

Todd Ferris

Ferris Property Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 3,441

Home Design

  • Quadruplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 496 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Community Details

  • Ostermeyers Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for all utilities, ins hazard, insurance, taxes
  • Assessor Parcel Number 491006107015000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1915
  • Building Area Total: 992
  • Structure Type: Quadruplex
  • Subdivision Name: Ostermeyers
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.thepropertyshopofindiana.com
  • Conversion: Yes
  • MBR_AttributionContact: alimpus@propertyshopin.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Living Area: 496
  • Owner Pays: All Utilities, Ins Hazard, Insurance, Insurance, Taxes
  • Upper Level Sq Ft: 496
  • SqFt Total: 992

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • List Price: 74900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Gas, Sewer Connected, Water Connected
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 1450

Lot Info

  • Additional Parcels: No
  • Parcel Number: 491006107015000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 2200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2338
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1169
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2013
Sold by
State Avenue Investments Llc
Bought by
Middlebrooks Denita S
Current Estimated Value
$241,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Outstanding Balance
$51,607
Interest Rate
3.38%
Mortgage Type
FHA
Estimated Equity
$217,393

Purchase Details

Listed on
May 7, 2012
Closed on
Mar 8, 2013
Sold by
Llc
Bought by
Middlebrooks Denita S
Seller's Agent
Amy Limpus
The Property Shop of Indiana
Buyer's Agent
Todd Ferris
Ferris Property Group
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Century Holdings Llc
Bought by
State Avenue Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2008
Sold by
Century Holdings Llc
Bought by
Moba 1 Llc
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
Middlebrooks Denita S -- --
Middlebrooks Denita S $74,000 --
State Avenue Investments Llc -- First American Title Ins Co
State Avenue Investments Llc -- First American Title Ins Co
Moba 1 Llc $76,000 None Available
Century Holdings Llc -- Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middlebrooks Denita S $4,604
Open Middlebrooks Denita S $72,659
Previous Owner State Avenue Investments Llc $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $74,000 -1.2% $149 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $74,900 -- $151 / 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 $3,020 $186,700 $31,900 $154,800
2023 $3,020 $186,700 $31,900 $154,800
2022 $2,845 $171,900 $31,900 $140,000
2021 $2,363 $147,700 $31,900 $115,800
2020 $2,411 $148,400 $16,200 $132,200
2019 $1,760 $136,800 $16,200 $120,600
2018 $1,674 $129,000 $16,200 $112,800
2017 $1,457 $122,200 $16,200 $106,000
2016 $1,340 $116,400 $16,200 $100,200
2014 $1,174 $110,700 $16,200 $94,500
2013 $2,464 $110,700 $16,200 $94,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Amy Limpus

    The Property Shop of Indiana

    Section Image

  • T

    Buyer's Agent in 2013

    Todd Ferris

    Ferris Property Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21175425

MIBOR Broker Listing Cooperative®

APN: 49-10-06-107-015.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

402 N State Ave, Indianapolis, IN

This home is located at 402 N State Ave, Indianapolis, IN 46201 since 07 May 2012 and is currently estimated at $241,000, approximately $485 per square foot. This property was built in 1915. 402 N State Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

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.

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