NOT LISTED FOR SALE

4059 Central Ave Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $353,000

3 Beds
1 Bath
1,725 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $275,000 $159 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,369/month

2 Days on Market

About This Home

As of August 2022

Perfectly situated brick duplex in the very popular Meridian Kessler area on Central Ave. Close to St Joan of Arc Church, with easy access to Downtown Indy, Broadripple, Mono Trail and all the shops and restaurants in the area. Live in one side and rent out the other, renovate/sell or invest, the choice is yours. This property is ready to be brought back to its former glory, with plenty of old world charm ready to be restored. There is work to be done here but with original wooden flooring throughout and built-ins this could be turned into a gem! 3 Beds / 2 Bathrooms on both sides. Renovated tile roof, Oct 2021. 3 car garage, with on street parking.

Last Agent to Sell the Property

Adrian Pearce

Tomorrow Realty, Inc. Listed on: 08/08/2022

Last Buyer's Agent

Bethany Jensen

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1920

Lot Details

  • 6,599 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • Northern Heights Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490613109071000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Craftsman, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Lot Size Acres: 0.1515
  • Road Frontage Type: FrontageRd, City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: NORTHERN HEIGHTS
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two, Basement
  • Owner Pays: NotApplic
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Brick
  • Road Access: Frontage Road,CityStreet
  • Roof: Work completed Oct 2021 tile roof see supl

Garage/Parking

  • Garage Spaces: 3
  • Unit Parking: 1 Car Garage,2 Car Garage,On Street

Utilities

  • Solid Waste: 1
  • HVAC: Unknown

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 490613109071000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 86
  • Lot Size: 6,599

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Tax Info

  • Tax Annual Amount: 1936
  • Semi Annual Property Tax Amt: 968
  • Tax Exemption: OtherTaxExemption/See Remarks,None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Aug 15, 2022
Sold by
Jayne Timothy Lee
Bought by
Jensen Eric and Jensen Bethany
Seller's Agent
Adrian Pearce
Tomorrow Realty, Inc.
Buyer's Agent
Bethany Jensen
F.C. Tucker Company
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
5.80%
Original Mortgage
$283,250
Outstanding Balance
$270,343
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$64,657

Purchase Details

Closed on
Mar 3, 2016
Sold by
Jayne Maureen A
Bought by
Jayne Timothy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jensen Eric -- None Listed On Document
Jayne Timothy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Eric $283,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $275,000 -8.0% $159 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $299,000 -- $173 / 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 $6,417 $258,800 $40,700 $218,100
2023 $6,417 $263,900 $40,700 $223,200
2022 $2,017 $87,300 $40,700 $46,600
2021 $1,937 $77,400 $32,300 $45,100
2020 $2,012 $423,100 $32,300 $390,800
2019 $9,883 $412,500 $32,300 $380,200
2018 $2,003 $78,100 $32,300 $45,800
2017 $1,797 $78,100 $32,300 $45,800
2016 $1,549 $68,000 $32,300 $35,700
2014 $5,903 $273,000 $32,300 $240,700
2013 $5,913 $273,000 $32,300 $240,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adrian Pearce

    Tomorrow Realty, Inc.

    Section Image

  • B

    Buyer's Agent in 2022

    Bethany Jensen

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21875935

MIBOR Broker Listing Cooperative®

APN: 49-06-13-109-071.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

4059 Central Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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