NOT LISTED FOR SALE

409 N Oakland Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $86,000 - $171,738

3 Beds
-- Bath
1,288 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $85,000 $66 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $943/month

81 Days on Market

About This Home

As of June 2024

409-411 N Oakland is for sale together as double. Needs work which price reflects. No tenants now. At one point an owner separated the sides like a condo but this sale is for the whole building. Each side has 1288 sq. ft. 3BR's 1 BA. There is no power so be sure to go during daylight or take a flash light. There may be missing registers so please be careful where you step.We now have multiple offers on 409-411 N Oakland Ave HIGHEST AND BEST OFFER REQUESTED.

Last Agent to Sell the Property

Jackie Lovell

New Quantum Realty Group Brokerage Email: jackie@jackielovell.com License #RB14026114 Listed on: 03/20/2024

Last Buyer's Agent

Lee Smith

@properties License #RB17001945

@properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,182 Sq Ft Lot
  • Additional Parcels

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper

Schools

  • Thomas D Gregg School 15 Elementary School
  • Arlington Community Middle School
  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • City Lot
  • Basement

Community Details

  • Hafners Sub Fletcher Subdivision

Listing and Financial Details

  • Tax Lot 49-10-05-218-007.000-101
  • Assessor Parcel Number 491005218016000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.1
  • Structure Type: Duplex
  • Subdivision Name: Hafners Sub Fletcher
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.newquantumrealtygroup.com
  • Conversion: No
  • Price Unit: 42500
  • MBR_AttributionContact: jackie@jackielovell.com
  • Multi Rooms: 11
  • Attribution Contact: jackie@jackielovell.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Gross Area Sq Ft: 2576
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Direction Faces: West
  • Disclosures: BankOwned
  • List Price: 100000
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Utilities

  • Cooling: None
  • Heating: No Heating
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Lot Features: City Lot
  • Property Attached Yn: No
  • Additional Parcels Description: 49-10-05-218-016.000-101
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 4182
  • Parcel Number: 491005218016000101
  • Acres: <1/4 Acre
  • Price Acre: 850000

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2476
  • Tax Lot: 49-10-05-218-007.000-101
  • Semi Annual Property Tax Amt: 1238
  • Tax Exemption: None

MLS Schools

  • Elementary School: Thomas D Gregg School 15
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 4, 2024
Sold by
Ef Holdco Wre Assets Reo Llc
Bought by
J & E Remodeling Home Improvement Llc
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Lee Smith
@properties
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Views
2198
Current Estimated Value
$140,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,685
Avg. Annual Appreciation
40.75%

Purchase Details

Closed on
Feb 27, 2024
Sold by
Sheriff/Marion County State/In
Bought by
Ef Mortgage Llc

Purchase Details

Closed on
Oct 8, 2021
Sold by
Terra Property Qoz Fund Ii Llc
Bought by
631 E 3Rd St Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2021
Sold by
Rei Development Group Llc
Bought by
Terra Property Qoz Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2021
Sold by
C137 Homes Llc
Bought by
Mjg Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2017

Purchase Details

Closed on
Jul 10, 2017
Sold by
Rose David

Purchase Details

Closed on
Mar 21, 2014
Sold by
Marion County
Bought by
Rose David

Purchase Details

Closed on
Mar 20, 2014
Sold by
Texas Dcl Llc
Bought by
County Of Marion

Purchase Details

Closed on
Sep 24, 2010
Sold by
Stonecrest Investments Llc
Bought by
Texas Dcl Llc

Purchase Details

Closed on
Aug 22, 2010
Sold by
Blue Spruce Entities Llc
Bought by
Stonecrest Investments Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
Johnson Tanisha M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 29, 2008
Sold by
Wells Fargo Bank Na
Bought by
Blue Spruce Entities Llc

Purchase Details

Closed on
May 15, 2006
Sold by
Johnson Ryan
Bought by
Johnson Tanisha 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
J & E Remodeling Home Improvement Llc -- None Listed On Document
Ef Holdco Wre Assets Reo Llc -- None Listed On Document
Ef Mortgage Llc $550,000 None Listed On Document
631 E 3Rd St Investment Llc -- None Available
Terra Property Qoz Fund Ii Llc -- None Available
Rei Development Group Llc -- None Available
Mjg Real Estate Llc -- None Available
-- $54,500 --
C137 Homes Llc $54,500 Paramount Title Agency
Oceanpointe Holdings Llc $54,500 Paramount Title Agency
-- $11,500 --
-- $16,000 --
Oceanpointe Investments Limited $16,000 Paramount Title Agency
Indianapolis Housing Partners Llc $16,000 Paramount Title Agency
Cchb Llc $16,000 Paramount Title Agency
Rose David $4,700 --
Marion County $4,700 --
Rose David $4,700 None Available
County Of Marion $13,383 None Available
Texas Dcl Llc $4,500 None Available
Stonecrest Investments Llc $3,500 None Available
Wells Fargo Bank Na $29,750 None Available
Blue Spruce Entities Llc -- None Available
Johnson Tanisha M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & E Remodeling Home Improvemen $171,000
Previous Owner 631 E 3Rd St Investment Llc $1,564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $85,000 -15.0% $66 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $100,000 -16.7% $78 / Sq Ft
04/16/2024 04/16/24 For Sale $120,000 0.0% $93 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $120,000 -- $93 / 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 $2,122 $85,600 $3,200 $82,400
2023 $2,122 $76,800 $3,200 $73,600
2022 $3,557 $80,000 $3,200 $76,800
2021 $2,559 $107,300 $6,300 $101,000
2020 $2,128 $91,900 $2,000 $89,900
2019 $1,073 $84,900 $2,000 $82,900
2018 $2,392 $80,800 $2,000 $78,800
2017 $2,371 $79,300 $2,000 $77,300
2016 $1,480 $72,300 $2,000 $70,300
2014 $1,385 $61,600 $2,000 $59,600
2013 $1,385 $66,600 $2,000 $64,600
Source: Public Records

Agents Affiliated with this Home

  • Jackie Lovell

    Seller's Agent in 2024

    Jackie Lovell

    New Quantum Realty Group

    (317) 332-7547

    21 in this area

    150 Total Sales

    Jackie Lovell
    Section Image
  • Lee Smith

    Buyer's Agent in 2024

    Lee Smith

    @properties

    (317) 523-8702

    5 in this area

    208 Total Sales

    Lee Smith
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21969613

MIBOR Broker Listing Cooperative®

APN: 49-10-05-218-007.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

409 N Oakland Ave, Indianapolis, IN

This home is located at 409 N Oakland Ave, Indianapolis, IN 46201 since 20 March 2024 and is currently estimated at $140,685, approximately $109 per square foot. This property was built in 1900. 409 N Oakland 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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