NOT LISTED FOR SALE

4126 E Washington St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $185,000 - $263,000

2 Beds
-- Bath
1,346 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $180,000 $134 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,540/month

3 Days on Market

About This Home

As of November 2021

Between Downtown and Irvington, this investment property has 3 beds and 1.5 bath on each side. Easy to rent with one tenant being long term already. 4126 side has had a rehab on the kitchen with new cabinets, countertops and flooring. Also new front/back doors, some rehab on upper bath, flooring and new upper level carpet. Property has a new roof and decking and water heaters. Great investment property!

Last Agent to Sell the Property

Jerry Gemmecke

F.C. Tucker Company License #RB15000799 Listed on: 10/04/2021

F.C. Tucker Company

Last Buyer's Agent

Tyler Lingle

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • 1920

Lot Details

  • Corner Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.thegemmeckegroup.com
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: East on Washington Street from Sherman to Gladstone on NE corner.
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: TUXEDO PARK
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Basement YN: Yes
  • Owner Pays: Gas, Insurance, Taxes, Sewer, Water

Exterior Features

  • Road Access: CityStreet
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 7
  • Lot Size: 3,659

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance

Tax Info

  • Semi Annual Property Tax Amt: 761
  • Tax Exemption: None
  • Tax Annual Amount: 1522
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2022
Sold by
Ridgemont Capital Partners Llc
Bought by
Chu Jarek and Chu Maggie Cai
Current Estimated Value
$222,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$122,881
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$100,027

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 28, 2021
Sold by
Ridgemont Capital Partners Llc
Bought by
Chu Jarek and Chu Maggie Cai
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Tyler Lingle
@properties
List Price
$174,999
Sold Price
$180,000
Premium/Discount to List
$5,001
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$135,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2019
Closed on
May 1, 2020
Sold by
Stallander Properties Llc
Bought by
Ridgemont Capital Partners Llc
Seller's Agent
Michael Schafstall
Stratton Realty Group, LLC
Buyer's Agent
Jerry Gemmecke
F.C. Tucker Company
List Price
$114,900
Sold Price
$81,500
Premium/Discount to List
-$33,400
-29.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.59%
Original Mortgage
$65,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2010
Sold by
Schafstall Michael
Bought by
Stallander Properties Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
U S Bank National Association
Bought by
Schafstall Michael

Purchase Details

Closed on
Aug 28, 2009
Sold by
Starr Adam F
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 24, 2005
Sold by
Af Properties
Bought by
Starr Adam F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2005
Sold by
Myers Laura J and Myers Charles W
Bought by
Af Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chu Jarek $179,550 Hicks Robert A
Chu Jarek $180,000 Hicks Robert A
Ridgemont Capital Partners Llc -- None Available
Stallander Properties Llc -- None Available
Schafstall Michael -- None Available
U S Bank National Association $21,924 None Available
Starr Adam F -- None Available
Af Properties -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Jarek $135,000
Previous Owner Chu Jarek $135,000
Previous Owner Ridgemont Capital Partners Llc $65,200
Previous Owner Starr Adam F $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $180,000 +2.9% $134 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $174,999 +114.7% $130 / Sq Ft
05/01/2020 05/01/20 Sold $81,500 -25.9% $61 / Sq Ft View Prior Sale
02/14/2020 02/14/20 Pending -- -- --
11/20/2019 11/20/19 Price Changed $110,000 -4.3% $82 / Sq Ft
08/13/2019 08/13/19 For Sale $114,900 0.0% $85 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $114,900 -4.2% $85 / Sq Ft
06/25/2019 06/25/19 For Sale $119,900 -- $89 / 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
2025 $4,407 $168,900 $6,100 $162,800
2024 $4,387 $185,700 $6,100 $179,600
2023 $4,387 $175,700 $6,100 $169,600
2022 $4,904 $197,700 $6,100 $191,600
2021 $1,632 $65,700 $6,100 $59,600
2020 $1,636 $65,700 $1,900 $63,800
2019 $1,631 $64,300 $1,900 $62,400
2018 $1,576 $61,500 $1,900 $59,600
2017 $1,317 $56,900 $1,900 $55,000
2016 $454 $16,700 $1,900 $14,800
2014 $305 $14,100 $1,900 $12,200
2013 $561 $16,200 $1,900 $14,300
Source: Public Records

Agents Affiliated with this Home

  • Jerry Gemmecke

    Seller's Agent in 2021

    Jerry Gemmecke

    F.C. Tucker Company

    (317) 445-2434

    8 in this area

    254 Total Sales

    Jerry Gemmecke
    Section Image

  • T

    Buyer's Agent in 2021

    Tyler Lingle

    @properties

    Section Image

  • M

    Seller's Agent in 2020

    Michael Schafstall

    Stratton Realty Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21816582

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-197.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

4126 E Washington St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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