NOT LISTED FOR SALE

403 E Morris St Indianapolis, IN 46225

Bates-Hendricks Neighborhood

Estimated Value: $392,000 - $477,000

5 Beds
-- Bath
4,240 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2024

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

Est. 6% increase in value since last sale

Current estimated payment $3,184 / mo

About This Home

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.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Aug 1, 2023
Closed on
Apr 10, 2024
Sold by
Bought by
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
$446,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,199
Avg. Annual Appreciation
2.65%
Original Mortgage
$412,392
Outstanding Balance
$402,481
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$43,718

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 7, 2021
Sold by
Bought by
Seller's Agent
Shelly Walters-Cifelli
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
Bought by
Seller's Agent
Ronald Bell
Dropped Members
Buyer's Agent
Shelly Walters-Cifelli
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
Sep 3, 2020
Sold by
Bought by
Seller's Agent
Ronald Bell
Dropped Members
Buyer's Agent
Shelly Walters-Cifelli
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
Bought by

Purchase Details

Closed on
Jan 15, 2009
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
$41,522
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bates-Hendricks, IN

  • Brian Hopson Real Estate Agent - F.C. Tucker Company

    Brian Hopson

    F.C. Tucker Company

    (833) 662-0287

    164 Total Sales

    1 in Bates-Hendricks

    $102,000 Price

    Brian Hopson
     Section Image
  • Randy Williams Real Estate Agent - Instate Realty, LLC

    Randy Williams

    Instate Realty, LLC

    (317) 820-2486

    88 Total Sales

    1 in Bates-Hendricks

    $260,000 Price

    Randy Williams
     Section Image
  • Heather Hemphill Real Estate Agent - Key Realty Indiana

    Heather Hemphill

    Key Realty Indiana

    (855) 695-8234

    106 Total Sales

    1 in Bates-Hendricks

    $314,000 Price

    Heather Hemphill
     Section Image
  • David Meador Real Estate Agent - Carpenter, REALTORS®

    David Meador

    Carpenter, REALTORS®

    (317) 820-2680

    87 Total Sales

    1 in Bates-Hendricks

    $295,000 Price

    David Meador
     Section Image
  • David Ebeyer Real Estate Agent - Ebeyer Realty, LLC

    David Ebeyer

    Ebeyer Realty, LLC

    (888) 483-5716

    146 Total Sales

    1 in Bates-Hendricks

    $275,000 Price

    David Ebeyer
     Section Image
  • Sean Carney Real Estate Agent - F.C. Tucker Company

    Sean Carney

    F.C. Tucker Company

    (463) 210-1594

    64 Total Sales

    1 in Bates-Hendricks

    $224,000 Price

    Sean Carney
     Section Image
See All Agents

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
$423,000 None Available
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$60,000 --
-- First Title Of Indiana Inc
-- None Available
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 $412,392
Previous Owner $300,000
Previous Owner $153,778
Previous Owner $41,522
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 Prior Sale
04/12/2024 04/12/24 Sold $420,000 -2.1% $99 / Sq Ft View Prior Sale
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 View Prior Sale
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 View Prior Sale
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 -- --

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 $8,720 $456,900 $36,700 $420,200
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

  • Christopher Porter Real Estate Agent - CENTURY 21 Scheetz

    Seller's Agent in 2024

    Christopher Porter

    CENTURY 21 Scheetz

    (317) 750-9173

    1 in this area

    33 Total Sales

    Christopher Porter
    Section Image

  • P

    Buyer's Agent in 2024

    Patrick Gamache

    eXp Realty, LLC

    Section Image
  • Shelly Walters-Cifelli Real Estate Agent - F.C. Tucker Company

    Seller's Agent in 2021

    Shelly Walters-Cifelli

    F.C. Tucker Company

    (317) 201-2601

    4 in this area

    277 Total Sales

    Shelly Walters-Cifelli
    Section Image

  • J

    Buyer's Agent in 2021

    Julie Sprinkle

    eXp Realty, LLC

    Section Image

  • R

    Seller's Agent in 2020

    Ronald Bell

    Dropped Members

    Section Image

  • K

    Seller's Agent in 2012

    Kevin Kirkpatrick

    Dropped Members

    Section Image
See All Agents

Map

Indiana Marion County Indianapolis 46225 Bates-Hendricks

403 E Morris St, Indianapolis, IN

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.

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