NOT LISTED FOR SALE

Estimated Value: $458,000 - $565,000

5 Beds
-- Bath
4,240 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $420,000 $99 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,572/month

211 Days on Market

Highlights

  • Downtown View
  • 2 Car Detached Garage
  • 2-minute walk to Hendricks Park

About This Home

As of April 2024

Explore an outstanding investment in Bates Hendricks! This fully updated duplex, just south of Lilly Campus, is an ideal opportunity for homeowners and investors. Live in one unit and rent out the other or maximize returns by leasing both. Each of the two units boasts three bedrooms, two baths, and contemporary amenities such as new flooring, fresh paint, upgraded fixtures, and modern appliances. New HVAC, in-unit laundry, spacious rooms, and updated windows enhance the property's value. Recent upgrades include a 2020 roof replacement for added durability. Outside enjoy a fenced yard, garage, storage, ample parking, and stunning downtown Indy views. Unit 1 is leased through July 2024, ensuring a steady income. Unit 2 is vacant and offers potential for extra living space. Don't miss this unique investment with a perfect blend of modern living and financial opportunity.

Last Agent to Sell the Property

Christopher Porter

CENTURY 21 Scheetz Brokerage Email: cporter@c21scheetz.com License #RB18001829 Listed on: 08/01/2023

CENTURY 21 Scheetz

Last Buyer's Agent

Patrick Gamache

eXp Realty, LLC License #RB20001191

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,924 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Downtown Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Community Details

  • Vajens Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 54
  • Assessor Parcel Number 491113200001000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Lot Size Acres: 0.14
  • On Market Date: 2023-08-07
  • Structure Type: Duplex
  • Subdivision Name: Vajens Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 210000
  • MBR_AttributionContact: cporter@c21scheetz.com
  • Attribution Contact: cporter@c21scheetz.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: Two and a Half
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Direction Faces: North
  • List Price: 429000
  • View: Downtown
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: On Street,1 Car Space

Utilities

  • Cooling: Central Electric
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5924
  • Parcel Number: 491113200001000101
  • Zoning: 0
  • Acres: <1/4 Acre
  • Price Acre: 3000000

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10680
  • Tax Block: 0
  • Tax Lot: 54
  • Semi Annual Property Tax Amt: 5340
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Apr 10, 2024
Sold by
Engelman Thomas
Bought by
Roberts Alex
Seller's Agent
Christopher Porter
CENTURY 21 Scheetz
Buyer's Agent
Patrick Gamache
eXp Realty, LLC
List Price
$470,000
Sold Price
$420,000
Premium/Discount to List
-$50,000
-10.64%
Views
222
Current Estimated Value
$486,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,212
Avg. Annual Appreciation
11.28%
Original Mortgage
$412,392
Outstanding Balance
$406,851
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$79,361

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 7, 2021
Sold by
Rr Lewandowski Llc
Bought by
Engelman Thomas
Seller's Agent
Shelly Walters
F.C. Tucker Company
Buyer's Agent
Julie Sprinkle
eXp Realty, LLC
List Price
$475,000
Sold Price
$423,000
Premium/Discount to List
-$52,000
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 30, 2020
Sold by
Indy Home Offer Llc
Bought by
Rr Lewandowski Llc
Seller's Agent
Ronald Bell
Equity Development Group, LLC
Buyer's Agent
Shelly Walters
F.C. Tucker Company
List Price
$249,000
Sold Price
$182,000
Premium/Discount to List
-$67,000
-26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
350.87%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 13, 2020
Closed on
Oct 15, 2020
Sold by
Indy Home Offer Llc
Bought by
Rr Lewandowski Llc
Seller's Agent
Ronald Bell
Equity Development Group, LLC
Buyer's Agent
Shelly Walters
F.C. Tucker Company
List Price
$249,000
Sold Price
$182,000
Premium/Discount to List
-$67,000
-26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 13, 2020
Closed on
Aug 27, 2020
Sold by
Pugh Kevin
Bought by
Indy Home Offer Llc
Seller's Agent
Ronald Bell
Equity Development Group, LLC
Buyer's Agent
Shelly Walters
F.C. Tucker Company
List Price
$249,000
Sold Price
$182,000
Premium/Discount to List
-$67,000
-26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 13, 2020
Closed on
Aug 26, 2020
Sold by
Pugh Kevin and Pugh Donna
Bought by
Pugh Kevin
Seller's Agent
Ronald Bell
Equity Development Group, LLC
Buyer's Agent
Shelly Walters
F.C. Tucker Company
List Price
$249,000
Sold Price
$182,000
Premium/Discount to List
-$67,000
-26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2013
Sold by
Pugh Kevin
Bought by
Kevin Pugh Jr Indiana

Purchase Details

Closed on
Jan 15, 2009
Sold by
Wagner Kathleen M and Wagner Kathy M
Bought by
Pugh Kevin and Pugh Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,522
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2007
Sold by
Wagner Sven
Bought by
Wagner Kathy M
Source: Public Records

Range of Values:

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Average Value
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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
Roberts Alex $420,000 None Listed On Document
Engelman Thomas $423,000 None Available
Rr Lewandowski Llc -- None Listed On Document
Rr Lewandowski Llc $182,000 Monument Title Insurance Compa
Indy Home Offer Llc $150,000 Monument Title
Pugh Kevin -- None Available
Kevin Pugh Jr Indiana $60,000 --
Pugh Kevin -- First Title Of Indiana Inc
Wagner Kathy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Alex $412,392
Previous Owner Rr Lewandowski Llc $300,000
Previous Owner Indy Home Offer Llc $153,778
Previous Owner Pugh Kevin $41,522
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $420,000 -2.1% $99 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $429,000 -2.1% $101 / Sq Ft
02/05/2024 02/05/24 Price Changed $438,000 -0.5% $103 / Sq Ft
01/22/2024 01/22/24 Price Changed $439,999 -2.2% $104 / Sq Ft
01/07/2024 01/07/24 Price Changed $449,999 -1.1% $106 / Sq Ft
12/18/2023 12/18/23 Price Changed $454,999 -0.5% $107 / Sq Ft
11/28/2023 11/28/23 Price Changed $457,499 -1.6% $108 / Sq Ft
11/13/2023 11/13/23 Price Changed $465,000 -1.1% $110 / Sq Ft
10/27/2023 10/27/23 For Sale $470,000 +11.9% $111 / Sq Ft
08/18/2023 08/18/23 Off Market $420,000 -- --
08/01/2023 08/01/23 For Sale $470,000 +11.1% $111 / Sq Ft
05/07/2021 05/07/21 Sold $423,000 -2.8% $100 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/10/2021 04/10/21 Price Changed $435,000 -3.1% $103 / Sq Ft
04/06/2021 04/06/21 Price Changed $449,000 -5.5% $106 / Sq Ft
04/02/2021 04/02/21 For Sale $475,000 +161.0% $112 / Sq Ft
10/15/2020 10/15/20 Sold $182,000 -20.5% $43 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/17/2020 09/17/20 Price Changed $229,000 -8.0% $54 / Sq Ft
09/13/2020 09/13/20 For Sale $249,000 0.0% $59 / Sq Ft
09/26/2012 09/26/12 Rented $525 -98.9% --
09/24/2012 09/24/12 Under Contract -- -- --
08/06/2012 08/06/12 For Rent $49,900 -- --
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 $11,078 $504,800 $36,700 $468,100
2023 $11,078 $460,400 $36,700 $423,700
2022 $10,670 $441,200 $36,700 $404,500
2021 $4,696 $199,800 $36,700 $163,100
2020 $2,803 $178,200 $36,700 $141,500
2019 $1,275 $112,000 $4,000 $108,000
2018 $844 $88,500 $4,000 $84,500
2017 $734 $87,700 $4,000 $83,700
2016 $591 $81,300 $4,000 $77,300
2014 $641 $84,700 $4,000 $80,700
2013 $685 $84,700 $4,000 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935059

MIBOR Broker Listing Cooperative®

APN: 49-11-13-200-001.000-101