NOT LISTED FOR SALE

406 N Parker Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $166,000 - $272,000

2 Beds
-- Bath
1,008 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $187,900 $186 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,372/month

6 Days on Market

About This Home

As of December 2023

Cash flowing & recently renovated duplex in a fast-growing neighborhood. This property consists of 2 bedrooms per side & 1 bathroom, separate kitchen, dining & living rooms on the first floor, off street rear parking access, with one unit vacant & the other occupied. Place a new tenant at market-based rent & have a high cash flowing investment property. Located close to downtown Indianapolis, shopping centers, parks & more.

Last Agent to Sell the Property

Stuart Houghton

Keller Williams Indy Metro S Brokerage Email: shoughton@kw.com License #RB17002210 Listed on: 10/31/2023

Keller Williams Indy Metro S

Last Buyer's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1930

Lot Details

  • 4,051

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • 4,051 Sq Ft Lot
  • Basement

Community Details

  • Oxford Place Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491005166011000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,108

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1930
  • Lot Size Acres: 0.09
  • Subdivision Name: Oxford Place
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: shoughton@kw.com
  • Attribution Contact: shoughton@kw.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Gross Area Sq Ft: 2016
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 189900
  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4051
  • Parcel Number: 491005166011000101
  • Zoning: Multi
  • Acres: <1/4 Acre
  • Price Acre: 2087778

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2108
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 4, 2023
Sold by
Hinojosa Robert
Bought by
Murthy Shivkumar Kaushik and Lyer Swathi Hari
Seller's Agent
Stuart Houghton
Keller Williams Indy Metro S
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$189,900
Sold Price
$187,900
Premium/Discount to List
-$2,000
-1.05%
Views
40
Current Estimated Value
$206,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,618
Avg. Annual Appreciation
7.85%
Original Mortgage
$140,900
Outstanding Balance
$138,912
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$74,748

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 8, 2022
Sold by
Crypton Group Llc
Bought by
Hinojosa Robert
Seller's Agent
Joel Aguilar
FS Houses LLC
Buyer's Agent
Stuart Houghton
Keller Williams Indy Metro S
List Price
$140,000
Sold Price
$129,000
Premium/Discount to List
-$11,000
-7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.87%
Original Mortgage
$103,200
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2020
Closed on
May 27, 2020
Sold by
406 N Parker Llc
Bought by
Crypton Group Llc
Seller's Agent
Karen Tanner
Karen Tanner Real Estate Group
Buyer's Agent
Karen Tanner
Karen Tanner Real Estate Group
List Price
$89,900
Sold Price
$80,888
Premium/Discount to List
-$9,012
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.29%

Purchase Details

Closed on
Sep 17, 2018

Purchase Details

Closed on
Sep 14, 2018

Purchase Details

Closed on
Apr 1, 2016
Sold by
Ruark Donald J
Bought by
Teresa Zavala Rentals Llc

Purchase Details

Closed on
Mar 9, 2016
Sold by
Evans Phyllis M
Bought by
Ruark Donald J

Purchase Details

Closed on
Jul 27, 2009
Sold by
White Pickett Fence Realty Llc
Bought by
Evans Phyllis M
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
Murthy Shivkumar Kaushik $187,900 None Listed On Document
Hinojosa Robert -- Mcanlis Law Group Pc
Crypton Group Llc $80,888 First American Title Insurance
-- $25,000 --
Oakmont Capital Llc $25,000 Monument Title Insurance Compa
-- $32,000 --
406 & 408 N Parker Llc $32,000 Monument Title Insurance Compa
Teresa Zavala Rentals Llc -- Dba Dominion Title Services
Ruark Donald J -- None Available
Evans Phyllis M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murthy Shivkumar Kaushik $140,900
Previous Owner Hinojosa Robert $103,200
Previous Owner Vega Gabriel $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $187,900 -1.1% $186 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $189,900 +47.2% $188 / Sq Ft
05/27/2022 05/27/22 Sold $129,000 -7.9% $128 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $140,000 +73.1% $139 / Sq Ft
05/28/2020 05/28/20 Sold $80,888 -10.0% $80 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $89,900 0.0% $89 / Sq Ft
03/04/2019 03/04/19 Rented $695 0.0% --
02/19/2019 02/19/19 Under Contract -- -- --
01/02/2019 01/02/19 For Rent $695 -- --
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 $2,961 $193,600 $6,600 $187,000
2023 $2,961 $119,800 $6,600 $113,200
2022 $3,062 $124,700 $6,600 $118,100
2021 $2,225 $91,400 $6,600 $84,800
2020 $1,916 $77,800 $2,300 $75,500
2019 $1,810 $71,900 $2,300 $69,600
2018 $1,743 $68,500 $2,300 $66,200
2017 $1,527 $66,800 $2,300 $64,500
2016 $638 $7,600 $2,300 $5,300
2014 $147 $6,800 $2,300 $4,500
2013 $150 $7,200 $2,300 $4,900
Source: Public Records

Agents Affiliated with this Home

  • Stuart Houghton

    Seller's Agent in 2023

    Stuart Houghton

    Keller Williams Indy Metro S

    (815) 557-3253

    23 in this area

    136 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Rominger

    Compass Indiana, LLC

    Section Image

  • J

    Seller's Agent in 2022

    Joel Aguilar

    FS Houses LLC

    Section Image

  • K

    Seller's Agent in 2020

    Karen Tanner

    Karen Tanner Real Estate Group

    Section Image

  • S

    Seller's Agent in 2019

    Sam Barron

    Barron Property Services

    (317) 225-4591

    6 in this area

    23 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21951155

MIBOR Broker Listing Cooperative®

APN: 49-10-05-166-011.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

406 N Parker Ave, Indianapolis, IN

This home is located at 406 N Parker Ave, Indianapolis, IN 46201 since 31 October 2023 and is currently estimated at $213,660, approximately $211 per square foot. This property was built in 1930. 406 N Parker Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Arlington Community Middle School, and Arsenal Technical High School.

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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