Seller's Agent in 2021
Jacqueline Trout-Huser
First Focus Realty LLC
(317) 491-3041
115 Total Sales
420 E 38th St Indianapolis, IN 46205
Meridian Kessler Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.48
Acres 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
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
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Home Values in the Area
Average Home Value in this Area
Property History
| 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
| 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
-
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
26 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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