NOT LISTED FOR SALE

Estimated Value: $140,000 - $227,000

2 Beds
-- Bath
991 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $56,500 $57 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,325/month

94 Days on Market

About This Home

As of May 2017

Unit 417 leased for $681 per month from 12/06/2016 to 11/30/2017. Unit 419 is vacant. This duplex presents an opportunity either for an investor to reap great cash flow or for an owner occupant to purchase and live in one side with the rent from the tenanted side covering most if not all of their monthly mortgage payment. New kitchens sinks and faucets,4 new installed security doors,2 new exterior doors, Replaced all light fixtures, plugs and plates, Installed Refrigerator and stove to each unit

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 01/26/2017

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 01/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $266

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Block Foundation
  • Aluminum Siding

Additional Features

  • Basement

Community Details

  • Tuxedo Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for sewer water
  • Assessor Parcel Number 491004119352000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$266

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx,TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1925
  • Lot Size Acres: 0.16
  • Subdivision Name: TUXEDO PARK
  • Inspection Warranties: Other
  • Property Description: Unit 417 leased for $681 per month from 12/06/2016 to 11/30/2017. Unit 419 is vacant. This duplex presents an opportunity either for an investor to reap great cash flow or for an owner occupant to purchase and live in one side with the rent from the tenanted side covering most if not all of their monthly mortgage payment. New kitchens sinks and faucets,4 new installed security doors,2 new exterior doors, Replaced all light fixtures, plugs and plates, Installed Refrigerator and stove to each unit
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two,Basement
  • Owner Pays: Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 65000

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491004119352000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Storm Sewer
  • Lot Number: L15 B12
  • Lot Size: 40x136

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 266
  • Semi Annual Property Tax Amt: 133
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Real8 Property Llc
Bought by
Cardwell Benjamin W
Total Days on Market
94
Current Estimated Value
$186,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,625
Outstanding Balance
$68,611
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$117,798

Purchase Details

Listed on
Jan 26, 2017
Closed on
Apr 13, 2017
Sold by
Member Justin Mihauckas
Bought by
Glen Anderson Owner
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$65,000
Sold Price
$56,500
Premium/Discount to List
-$8,500
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%

Purchase Details

Closed on
Mar 6, 2014
Sold by
Milauckas Justin E
Bought by
Milauckas Justin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2014
Sold by
Milauckas Justin E
Bought by
Indy 8 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2014
Sold by
Poa P Clayton Wolf
Bought by
Milauckas Justin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jul 30, 2013
Sold by
Tl Equities Llc
Bought by
Cmpc Llc
Seller's Agent
Timothy O'Connor
Berkshire Hathaway Home
Buyer's Agent
Nicholas Krudy
Indy Real Estate Consulting
List Price
$26,000
Sold Price
$17,000
Premium/Discount to List
-$9,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jul 17, 2013
Sold by
Herbst Benjamin
Bought by
Member P Clayton Wolf
Seller's Agent
Timothy O'Connor
Berkshire Hathaway Home
Buyer's Agent
Nicholas Krudy
Indy Real Estate Consulting
List Price
$26,000
Sold Price
$17,000
Premium/Discount to List
-$9,000
-34.62%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Quiroga Joseph A and Quiroga Marci L
Bought by
Tl Equities Llc

Purchase Details

Closed on
Dec 11, 2012
Sold by
Breaux Billie J

Purchase Details

Closed on
Jan 26, 2007
Sold by
Quiroga Joseph
Bought by
Quiroga Joseph A and Quiroga Marci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
8.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2006
Sold by
Hartley Darin E
Bought by
Quiroga Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,600
Interest Rate
6.68%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Cardwell Benjamin W $103,500 Title Services, Llc
Glen Anderson Owner $56,500 --
Real 8 Property Llc $56,500 Meridian Title Corp
Milauckas Justin E -- --
Indy 8 Llc -- None Available
Milauckas Justin E $74,000 Merdian Title Corporation
Milauckas Justin E -- Mtc
Cmpc Llc -- --
Member P Clayton Wolf $17,000 --
Tl Equities Llc -- --
-- $14,000 --
Quiroga Joseph A -- None Available
Quiroga Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardwell Benjamin W $77,625
Previous Owner Milauckas Justin E $55,500
Previous Owner Quiroga Joseph A $74,700
Previous Owner Quiroga Joseph $10,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $56,500 -13.1% $57 / Sq Ft
03/09/2017 03/09/17 For Sale $65,000 +15.0% $66 / Sq Ft
03/09/2017 03/09/17 Off Market $56,500 -- --
01/26/2017 01/26/17 For Sale $65,000 +282.4% $66 / Sq Ft
07/19/2013 07/19/13 Sold $17,000 -34.6% $17 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $26,000 -- $26 / 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 $3,343 $125,500 $7,300 $118,200
2023 $3,343 $135,100 $7,300 $127,800
2022 $3,326 $135,100 $7,300 $127,800
2021 $2,720 $112,100 $7,300 $104,800
2020 $2,882 $118,800 $2,200 $116,600
2019 $422 $12,400 $2,200 $10,200
2018 $422 $12,400 $2,200 $10,200
2017 $375 $11,800 $2,200 $9,600
2016 $381 $12,500 $2,200 $10,300
2014 $253 $11,700 $2,200 $9,500
2013 $291 $120,500 $2,200 $118,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21461652

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-352.000-101