NOT LISTED FOR SALE

408 Eastern Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $198,000 - $211,222

2 Beds
-- Bath
1,150 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $35,000 $30 Per Sq Ft

Est. 482% increase in value since last sale

Current estimated payment $1,461/month

110 Days on Market

About This Home

As of January 2017

Good cash flowing double both sides cash flowing with tenants

Last Agent to Sell the Property

Brian Hackman

Complete Real Estate Solutions License #RB14032915 Listed on: 08/31/2016

Last Buyer's Agent

Gary Boehle

Titan Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356

Home Design

  • Block Foundation

Additional Features

  • 2-Story Property
  • 4,356 Sq Ft Lot

Community Details

  • A M Ogle Et Al East Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, lawncare, taxes, no utilities
  • Assessor Parcel Number 491005187103000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Lot Size Acres: 0.1
  • Subdivision Name: A M OGLE ET AL EAST PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Good cash flowing double both sides cash flowing with tenants
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: InsHazard, Lawncare, Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491005187103000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 138
  • Lot Size: 4,356

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 984
  • Semi Annual Property Tax Amt: 492
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2024
Sold by
Mint Holdings Llc
Bought by
Mint Holdings Llc-S-406 Eastern Protected Ser
Current Estimated Value
$203,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Outstanding Balance
$874,659
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$670,918

Purchase Details

Closed on
Dec 22, 2023
Sold by
Mint Holdings Llc
Bought by
Mint Holdings Llc-S-406 Eastern Protected Ser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Outstanding Balance
$874,659
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$670,918

Purchase Details

Closed on
Nov 1, 2021
Sold by
Sab Holdings Llc
Bought by
Lerose Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2021
Sold by
S A B Holdings Llc
Bought by
Lerose Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2021
Sold by
Allen Blair Investments Llc
Bought by
Mint Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2016
Closed on
Feb 10, 2017
Sold by
Oceanpointe Investments L Imited
Bought by
Allen Blair Investments L Lc
Seller's Agent
Brian Hackman
Complete Real Estate Solutions
Buyer's Agent
Gary Boehle
Titan Real Estate, LLC
List Price
$39,500
Sold Price
$35,000
Premium/Discount to List
-$4,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.36%
Original Mortgage
$65,000
Interest Rate
4.17%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Jan 27, 2017
Seller's Agent
Brian Hackman
Complete Real Estate Solutions
Buyer's Agent
Gary Boehle
Titan Real Estate, LLC
List Price
$39,500
Sold Price
$35,000
Premium/Discount to List
-$4,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.17%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Jan 12, 2017
Sold by
Wilson David J
Bought by
Oceanpointe Investments Llc
Seller's Agent
Brian Hackman
Complete Real Estate Solutions
Buyer's Agent
Gary Boehle
Titan Real Estate, LLC
List Price
$39,500
Sold Price
$35,000
Premium/Discount to List
-$4,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.17%

Purchase Details

Closed on
Mar 2, 2009
Sold by
Nipper Scott
Bought by
Wilson David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2008
Sold by
Rwn Assets Llc
Bought by
Nipper Scott

Purchase Details

Closed on
Jul 1, 2008
Sold by
U S Bank National Association
Bought by
Rwn Assets Llc

Purchase Details

Closed on
Dec 27, 2007
Sold by
Cattet Jennifer and Freestyle Investments Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 9, 2006
Sold by
Cattet Jernnifer
Bought by
Freestyle Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,915
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Linville Gloria and Hamblen Glenna
Bought by
Cattet Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,915
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mint Holdings Llc-S-406 Eastern Protected Ser -- None Listed On Document
Mint Holdings Llc-S-406 Eastern Protected Ser -- None Listed On Document
Lerose Michael J -- --
Lerose Michael J -- None Available
Mint Holdings Llc $150,000 None Available
Allen Blair Investments L Lc $76,500 --
-- $48,300 --
Oceanpointe Investments Llc $35,000 Paramount Title Agency
Wilson David J -- Homequest Title Llc
Nipper Scott -- None Available
Rwn Assets Llc -- Investors Titlecorp
U S Bank National Association -- Investors Titlecorp
U S Bank National Association $30,283 None Available
Freestyle Investments Llc -- None Available
Cattet Jennifer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mint Holdings Llc-S-406 Eastern Protected Ser $890,000
Closed Mint Holdings Llc-S-406 Eastern Protected Ser $890,000
Previous Owner Mint Holdings Llc $151,500
Previous Owner Allen Blair Investments L Lc $65,000
Previous Owner Allen Blair Investments L Lc --
Previous Owner Wilson David J $42,500
Previous Owner Cattet Jennifer $52,915
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $35,000 -11.4% $30 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $39,500 -- $34 / 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 $4,942 $225,100 $6,900 $218,200
2023 $4,942 $203,300 $6,900 $196,400
2022 $4,616 $190,500 $6,900 $183,600
2021 $3,380 $141,500 $6,900 $134,600
2020 $2,703 $111,800 $2,200 $109,600
2019 $2,204 $88,600 $2,200 $86,400
2018 $2,174 $86,600 $2,200 $84,400
2017 $1,182 $83,000 $2,200 $80,800
2016 $1,046 $75,400 $2,200 $73,200
2014 $921 $70,600 $2,200 $68,400
2013 $894 $70,600 $2,200 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Brian Hackman

    Seller's Agent in 2017

    Brian Hackman

    Complete Real Estate Solutions

    (317) 885-5099

    56 Total Sales

    Brian Hackman
    Section Image

  • G

    Buyer's Agent in 2017

    Gary Boehle

    Titan Real Estate, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21439626

MIBOR Broker Listing Cooperative®

APN: 49-10-05-187-103.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

408 Eastern Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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