David Brenton
DAVID BRENTON'S TEAM
(463) 300-6825
563 Total Sales
1 in Meridian Kessler
$245,000 Price
420 E 38th St Indianapolis, IN 46205
Meridian Kessler Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.48
Acre Lot
About This Home
As of January 2021This is a unique opportunity to own a 16 unit apartment complex near downtown, Metro Sports Complex, Indpls Museum of Art & State Fairgrounds. Located on the "Red Line' with LOADS of potential and character, lots of natural light, arched doorways and good sized units. (8) 1 bedrooms and (8) 2 bedrooms with sq footage to reconfigure if desired. 13 are occupied with long term tenants and appliances. 3 are gutted and ready for reno to increase earning potential. Rubber roof only 4 years old! Some new windows, all units have electric furnaces (tenant paid) from 2007. Laundry in 2 units. Complex consists of 4 buildings, connected at corners by brick facade with a good sized grassy courtyard and decks out back with separate entries in the rear.
Last Agent to Sell the Property
First Focus Realty LLC License #RB14045597 Listed on: 11/04/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,684
Year Built
- Built in 1927
Lot Details
- 20,909 Sq Ft Lot
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
Listing and Financial Details
- Tenant pays for cable tv electricity
- The owner pays for insurance insurance taxes sewer trash collection water
- Assessor Parcel Number 490613118015000801
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2020
Closed on
Jan 8, 2021
Sold by
Bought by
Seller's Agent
Jacqueline Trout-Huser
First Focus Realty LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$715,000
Sold Price
$550,000
Premium/Discount to List
-$165,000
-23.08%
Purchase Details
Closed on
Mar 14, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2017
Sold by
Bought by
Purchase Details
Listed on
Nov 20, 2012
Closed on
Jun 3, 2013
Sold by
Bought by
Seller's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
Buyer's Agent
Lynn S. Fischer
Fischer & Associates, Inc.
List Price
$550,000
Sold Price
$395,000
Premium/Discount to List
-$155,000
-28.18%
Purchase Details
Closed on
Sep 10, 2009
Sold by
Bought by
Purchase Details
Closed on
Aug 4, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
13%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Meridian Kessler, IN
-
David Brenton
-
Robert Kincaid
Robert Kincaid
Kincaid REALTORS, LLC
(844) 960-2245
53 Total Sales
1 in Meridian Kessler
$132,000 Price
-
Kyle Peckinpaugh
Kyle Peckinpaugh
F.C. Tucker Company
(866) 619-2078
52 Total Sales
20 in Meridian Kessler
$260K - $1.8M Price Range
-
Michele Snyder
Michele Snyder
M Realty Services
(855) 625-6431
39 Total Sales
1 in Meridian Kessler
$244,723 Price
-
Frank Tinsley
Frank Tinsley
Highgarden Real Estate
(877) 565-9428
140 Total Sales
1 in Meridian Kessler
$370,000 Price
-
Janet Giles
Janet Giles
Your Realty Link, LLC
(888) 589-3770
101 Total Sales
1 in Meridian Kessler
$265,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | None Available | ||
| $400,000 | Chicago Title Co | ||
| $19,325 | Marion Co Auditor | ||
| $19,300 | -- | ||
| -- | -- | ||
| $500,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $950,000 | ||
| Closed | $250,000 | ||
| Closed | $50,000 | ||
| Closed | $400,000 | ||
| Previous Owner | $403,500 | ||
| Previous Owner | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $550,000 | -23.1% | -- | |
| 12/02/2020 12/02/20 | Pending | -- | -- | -- | |
| 11/04/2020 11/04/20 | For Sale | $715,000 | +81.0% | -- | |
| 06/04/2013 06/04/13 | Sold | $395,000 | -28.2% | -- | View Prior Sale |
| 05/16/2013 05/16/13 | Pending | -- | -- | -- | |
| 11/20/2012 11/20/12 | For Sale | $550,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,853 | $614,500 | $53,900 | $560,600 |
| 2024 | $11,018 | $499,500 | $53,900 | $445,600 |
| 2023 | $11,018 | $454,300 | $27,000 | $427,300 |
| 2022 | $8,597 | $354,200 | $27,000 | $327,200 |
| 2021 | $7,809 | $328,700 | $24,500 | $304,200 |
| 2020 | $7,830 | $328,700 | $24,500 | $304,200 |
| 2019 | $7,895 | $325,500 | $24,500 | $301,000 |
| 2018 | $7,957 | $325,500 | $24,500 | $301,000 |
| 2017 | $8,543 | $316,300 | $24,500 | $291,800 |
| 2016 | $6,493 | $303,500 | $24,500 | $279,000 |
| 2014 | $6,385 | $295,300 | $24,500 | $270,800 |
| 2013 | $5,746 | $295,400 | $24,600 | $270,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqueline Trout-Huser
Seller's Agent in 2021
Jacqueline Trout-Huser
First Focus Realty LLC
(317) 491-3041
114 Total Sales
-
Non-BLC Member
N
Buyer's Agent in 2021
Non-BLC Member
MIBOR REALTOR® Association
-
Lynn S. Fischer
Seller's Agent in 2013
Lynn S. Fischer
Fischer & Associates, Inc.
(317) 250-7364
22 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21750254
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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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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