NOT LISTED FOR SALE

Estimated Value: $394,163 - $414,000

6 Beds
-- Bath
-- Sq Ft
4,574 Sq Ft Lot

Last Sold January 17, 2021

Last sale price $599

Est. 67,633% increase in value since last sale

Current estimated payment $2,774/month

79 Days on Market

About This Home

As of January 2021

1 Bedroom 1 Bath upstairs unit close to downtown and near the bus line.

Tenant utilities will be billed in addition to rent using the RUBS (Ratio Utility Billing System) method. Utilities will be split with the unit below using an allocation formula that divides the property's water, gas and electric based upon the square footage.

Last Agent to Sell the Property

Christine Harsin

RPM Real Estate Services License #RB17000084 Listed on: 10/29/2020

Last Buyer's Agent

Christine Harsin

RPM Real Estate Services License #RB17000084 Listed on: 10/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,574

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 4,574 Sq Ft Lot

Community Details

  • Ridenours Highland Home Subdivision

Listing and Financial Details

  • Tenant pays for security, cable TV, carpet cleaning, electricity, gas, insurance, all utilities, water
  • The owner pays for insurance, lawncare, taxes
  • Assessor Parcel Number 491006154020000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.105
  • Structure Type: Quadruplex
  • Subdivision Name: RIDENOURS HIGHLAND HOME
  • Inspection Warranties: Not Applicable
  • Property Description: 1 Bedroom 1 Bath upstairs unit close to downtown and near the bus line. Tenant utilities will be billed in addition to rent using the RUBS (Ratio Utility Billing System) method. Utilities will be split with the unit below using an allocation formula that divides the property's water, gas and electric based upon the square footage.
  • Transaction Type: Lease
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 599

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491006154020000101
  • Acres: <1/4 Acre
  • Lot Information: Not In Subdivision
  • Lot Number: 5
  • Lot Size: 4,574

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security, Cable TV, Carpet Cleaning, Electricity, Gas, Insurance, All Utilities, Water
  • Lease Price: 599.00
  • Leased Type: Leased
  • Lease Termin Months: 12

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1940
  • Semi Annual Property Tax Amt: 970
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Eastern Partners Llc
Bought by
Red Cardinal Llc
Current Estimated Value
$405,721

Purchase Details

Closed on
Mar 20, 2021
Sold by
Eastern Partners Llc
Bought by
Red Cardinal Llc

Purchase Details

Closed on
Jan 10, 2020
Sold by
Stambaugh James
Bought by
Eastern Partners Llc

Purchase Details

Closed on
Jan 3, 2020
Sold by
Williams Alpha Shirley and Williams Chesler A
Bought by
Stambaugh James

Purchase Details

Closed on
Nov 9, 2019
Sold by
Willims Alpha Shirley and Williams Chester A
Bought by
Stambaugh James
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
Red Cardinal Llc -- Security Title
Red Cardinal Llc $310,000 Security Title
Eastern Partners Llc $50,000 Monument Title
Stambaugh James -- None Available
Stambaugh James -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2021 01/17/21 Sold $599 0.0% --
12/09/2020 12/09/20 Price Changed $599 -4.2% --
12/01/2020 12/01/20 Price Changed $625 -3.8% --
11/23/2020 11/23/20 Price Changed $650 -3.7% --
11/15/2020 11/15/20 Price Changed $675 -3.4% --
11/05/2020 11/05/20 Price Changed $699 -3.6% --
10/29/2020 10/29/20 For Sale $725 -- --
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 $7,473 $422,200 $17,800 $404,400
2023 $7,473 $355,300 $14,600 $340,700
2022 $8,063 $333,000 $14,600 $318,400
2021 $2,813 $116,900 $14,600 $102,300
2020 $2,516 $103,700 $2,300 $101,400
2019 $2,053 $82,200 $2,300 $79,900
2018 $2,026 $80,400 $2,300 $78,100
2017 $1,735 $76,600 $2,300 $74,300
2016 $1,553 $69,600 $2,300 $67,300
2014 $1,418 $65,600 $2,300 $63,300
2013 $1,167 $65,600 $2,300 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21749526

MIBOR Broker Listing Cooperative®

APN: 49-10-06-154-020.000-101