NOT LISTED FOR SALE

4058 Central Ave Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $403,000 - $522,000

3 Beds
1 Bath
1,547 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $355,000 $229 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,921/month

4 Days on Market

About This Home

As of December 2020

Great location is just the beginning of this opportunity. Both sides have been updated with new kitchens, 4060 has a new full bath and 4058 has a new half bath. Both sides also have a full basements, fireplaces and refinished hardwood floors. 4058 Central is leased through October 2021 and 4060 has a tenant ready to sign a years lease if it is not going to be owner-occupied. Two car detached garage is used by the tenant on the 4058 Side, but both parities use it to store bikes. The driveway, sidewalks and patios are new as of last year when the sewer line was replaced. This is very well built double and very easy to manage and to rent.

Last Agent to Sell the Property

John Creamer

CENTURY 21 Scheetz License #RB14014819 Listed on: 10/14/2020

CENTURY 21 Scheetz

Last Buyer's Agent

Gary Ruble

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,530

Year Built

  • Built in 1922

Lot Details

  • 7,318 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Albert E Uhls Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 490613132007000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,530

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1922
  • Lot Size Acres: 0.168
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: ALBERT E UHLS
  • Inspection Warranties: Not Applicable
  • Property Description: Great location is just the beginning of this opportunity. Both sides have been updated with new kitchens, 4060 has a new full bath and 4058 has a new half bath. Both sides also have a full basements, fireplaces and refinished hardwood floors. 4058 Central is leased through October 2021 and 4060 has a tenant ready to sign a years lease if it is not going to be owner-occupied. Two car detached garage is used by the tenant on the 4058 Side, but both parities use it to store bikes. The driveway, sidewalks and patios are new as of last year when the sewer line was replaced. This is very well built double and very easy to manage and to rent.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 3083
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Complete, Fence Full Rear
  • Road Access: CityStreet,StreetCuts

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 490613132007000801
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Curbs,Sidewalks
  • Lot Number: 4
  • Lot Size: 7314

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, All Utilities

Tax Info

  • Tax Annual Amount: 5530
  • Semi Annual Property Tax Amt: 2765
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 4, 2020
Sold by
Creamer John T
Bought by
Bollman Jacob
Seller's Agent
John Creamer
CENTURY 21 Scheetz
Buyer's Agent
Gary Ruble
Keller Williams Indy Metro NE
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$477,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,515
Avg. Annual Appreciation
5.58%
Original Mortgage
$348,570
Outstanding Balance
$310,885
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$158,413

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jun 16, 2015
Sold by
Turnbull Ii David C
Bought by
Creamer John T
Seller's Agent
Todd Messer
@properties
Buyer's Agent
John Creamer
CENTURY 21 Scheetz
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$144,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Bollman Jacob $355,000 Enterprise Title
Creamer John T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bollman Jacob $348,570
Previous Owner Creamer John T $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $355,000 +1.4% $229 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $350,000 +81.8% $226 / Sq Ft
06/16/2015 06/16/15 Sold $192,500 -3.8% $247 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $200,000 -- $257 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $5,286 $307,800 $45,400 $262,400
2023 $5,286 $307,800 $45,400 $262,400
2022 $5,147 $307,800 $45,400 $262,400
2021 $4,694 $277,300 $34,600 $242,700
2020 $3,892 $226,600 $34,600 $192,000
2019 $5,530 $226,600 $34,600 $192,000
2018 $5,680 $230,800 $34,600 $196,200
2017 $5,024 $228,500 $34,600 $193,900
2016 $4,251 $196,800 $34,600 $162,200
2014 $4,708 $216,000 $34,600 $181,400
2013 $4,534 $216,000 $34,600 $181,400
Source: Public Records

Agents Affiliated with this Home

  • John Creamer

    Seller's Agent in 2020

    John Creamer

    CENTURY 21 Scheetz

    (317) 250-5646

    26 in this area

    154 Total Sales

    John Creamer
    Section Image

  • G

    Buyer's Agent in 2020

    Gary Ruble

    Keller Williams Indy Metro NE

    Section Image

  • M

    Buyer Co-Listing Agent in 2020

    Morgan Mares

    Keller Williams Indy Metro NE

    Section Image

  • T

    Seller's Agent in 2015

    Todd Messer

    @properties

    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kellie Combs

    Keller Williams Indy Metro W

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21745673

MIBOR Broker Listing Cooperative®

APN: 49-06-13-132-007.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

4058 Central Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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