NOT LISTED FOR SALE

406 N State Ave Indianapolis, IN 46201

Holy Cross Neighborhood

Estimated Value: $153,000 - $264,000

2 Beds
-- Bath
723 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 14, 2013

Last sale price $58,500 $81 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,266/month

284 Days on Market

About This Home

As of March 2013

Great investment opportunity on a 4 unit building. water heater less than 5yrs, Several new windows in 2011, new siding on 3 sides 2011, painted '11, all steps and stairs replaced and porch roof/guttering replaced '11

Last Agent to Sell the Property

Amy Limpus

The Property Shop of Indiana Listed on: 05/07/2012

Last Buyer's Agent

Todd Ferris

Ferris Property Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,532

Home Design

  • Quadruplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 723 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Community Details

  • Ostermeyers Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for all utilities, ins hazard, insurance, taxes
  • Assessor Parcel Number 491006107010000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1910
  • Building Area Total: 1446
  • Structure Type: Apartment Building
  • Subdivision Name: Ostermeyers
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.thepropertyshopofindiana.com
  • Conversion: Yes
  • MBR_AttributionContact: alimpus@propertyshopin.com
  • Special Features: None

Interior Features

  • Levels: Basement, Two
  • Living Area: 723
  • Owner Pays: All Utilities, Ins Hazard, Insurance, Insurance, Taxes
  • Upper Level Sq Ft: 723
  • SqFt Total: 1446

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Disclosures: Not Applicable
  • List Price: 74900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Utilities: Gas, Sewer Connected, Water Connected
  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 1450

Lot Info

  • Additional Parcels: No
  • Parcel Number: 491006107010000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 2200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1604
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 802
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2018
Sold by
State Ave Investments Llc
Bought by
Middlebrooks Denita S
Current Estimated Value
$208,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,350
Outstanding Balance
$53,831
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$210,169

Purchase Details

Closed on
Aug 25, 2008
Sold by
Century Holdings Llc
Bought by
State Avenue Investments Llc

Purchase Details

Closed on
Jan 23, 2008
Sold by
Wollenweber Harold B and Wollenweber Charles T
Bought by
Century Holdings Llc
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
Middlebrooks Denita S -- None Available
State Avenue Investments Llc -- First American Title Ins Co
State Avenue Investments Llc -- First American Title Ins Co
Century Holdings Llc -- Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middlebrooks Denita S $61,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2013 03/14/13 Sold $58,500 -21.9% $81 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
05/07/2012 05/07/12 For Sale $74,900 -- $104 / Sq Ft
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 $1,858 $113,200 $3,900 $109,300
2023 $1,858 $70,000 $3,900 $66,100
2022 $1,507 $55,500 $3,900 $51,600
2021 $1,340 $49,400 $3,500 $45,900
2020 $1,342 $49,400 $3,500 $45,900
2019 $1,315 $47,400 $3,500 $43,900
2018 $1,326 $47,400 $3,500 $43,900
2017 $1,160 $45,600 $3,500 $42,100
2016 $1,085 $43,200 $3,500 $39,700
2014 $946 $42,700 $3,500 $39,200
2013 $1,322 $42,700 $3,500 $39,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Amy Limpus

    The Property Shop of Indiana

    Section Image

  • T

    Buyer's Agent in 2013

    Todd Ferris

    Ferris Property Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21175415

MIBOR Broker Listing Cooperative®

APN: 49-10-06-107-010.000-101

Indiana Marion County Indianapolis 46201 Holy Cross

406 N State Ave, Indianapolis, IN

This home is located at 406 N State Ave, Indianapolis, IN 46201 since 07 May 2012 and is currently estimated at $208,500, approximately $288 per square foot. This property was built in 1910. 406 N State Ave is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

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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