NOT LISTED FOR SALE

4227 Crittenden Ave Indianapolis, IN 46205

Fairgrounds Neighborhood

Estimated Value: $195,000 - $227,114

1 Bed
1 Bath
585 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $117,000 $200 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,490/month

About This Home

As of September 2020

Location, cash flow, and updated! What else could you ask for! Wonderful investment property, on the near east Indy side, walking distance to the fairgrounds, minutes from I-70, I-465 and downtown. This property is turnkey for any investor or new homeowner who wants to cash flow their own duplex! New kitchen, flooring and updated bath, windows, blinds, lights, and paint completed on both units in a great up and coming re-gentrifying area! Rent rates are $650+ for both sides or monthly income of $1,300! 13% CAP Rate and monthly appreciation even with management company! Newer roof and plumbing clean out recently installed. Excited to show and sell!

Last Agent to Sell the Property

Brian Waters

Mentor Listing Realty Inc License #RB14030191 Listed on: 09/08/2020

Last Buyer's Agent

Matthew Speer

JUST LIV, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1943

Lot Details

  • 5,332

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Additional Features

  • 1-Story Property
  • 5,332 Sq Ft Lot

Community Details

  • Montrose Subdivision

Listing and Financial Details

  • Tenant pays for cable tv electricity gas insurance lawncare trash collection
  • The owner pays for insurance
  • Assessor Parcel Number 490718103131000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,256

Year Built

Built in 1943

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: 1943
  • Lot Size Acres: 0.1224
  • Structure Type: Duplex
  • Subdivision Name: MONTROSE
  • Inspection Warranties: Not Applicable
  • Property Description: Location, cash flow, and updated! What else could you ask for! Wonderful investment property, on the near east Indy side, walking distance to the fairgrounds, minutes from I-70, I-465 and downtown. This property is turnkey for any investor or new homeowner who wants to cash flow their own duplex! New kitchen, flooring and updated bath, windows, blinds, lights, and paint completed on both units in a great up and coming re-gentrifying area! Rent rates are $650+ for both sides or monthly income of $1,300! 13% CAP Rate and monthly appreciation even with management company! Newer roof and plumbing clean out recently installed. Excited to show and sell!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Insurance
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1170
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • List Price: 114750

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1000

Lot Info

  • Parcel Number: 490718103131000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 753
  • Lot Size: 5,332

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance,Lawncare,Trash Collection

Multi Family

  • Net Operating Income: 6800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1256
  • Semi Annual Property Tax Amt: 628
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Porchlight Profits Llc
Bought by
Shiltz Matthew and Pena Andres
Current Estimated Value
$206,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,781
Outstanding Balance
$155,684
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$31,635

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 22, 2020
Sold by
Park Wilson Enterprise Llc
Bought by
Porchlight Profits Llc
Seller's Agent
Brian Waters
Mentor Listing Realty Inc
Buyer's Agent
Matthew Speer
JUST LIV, LLC
List Price
$114,750
Sold Price
$117,000
Premium/Discount to List
$2,250
1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2018
Sold by
Scruton Wilson Andrew
Bought by
Park Wilson Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2018
Sold by
Larue Gerald
Bought by
Grise Home And Property Group Llc

Purchase Details

Closed on
Dec 26, 2012
Sold by
Goodman Tracey A and Goodman William R
Bought by
Larue Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,800
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2012
Sold by
Goodman William R
Bought by
Larue Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,800
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Doine James E and Doine Jennie M
Bought by
Goodman William R and Goodman Tracey A

Purchase Details

Closed on
Dec 11, 2008
Sold by
Cross Jesse R
Bought by
Doine James E and Doine Jennie M

Purchase Details

Closed on
Nov 18, 2008
Sold by
Cross Jordan R
Bought by
Cross Jesse R

Purchase Details

Closed on
Jun 18, 2008
Sold by
Wells Fargo Bank Na
Bought by
Cross Jordan
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
Shiltz Matthew $210,375 None Listed On Document
Porchlight Profits Llc $117,000 Liberty Title & Escrow
Park Wilson Enterprise Llc -- Crane Title Llc
Grise Home And Property Group Llc $36,000 --
Scruton Wilson Andrew $42,000 Hocker And Associates
Grise Home & Property Group Llc $42,000 Hocker And Associates
Larue Gerald -- --
Larue Gerald $34,400 --
Goodman William R -- None Available
Doine James E -- First American Title Ins Co
Cross Jesse R -- None Available
Cross Jordan -- First Title Of Indiana Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiltz Matthew $157,781
Previous Owner Porchlight Profits Llc $138,750
Previous Owner Porchlight Profits Llc $60,000
Previous Owner Park Wilson Enterprise Llc $78,000
Previous Owner Larue Gerald $25,800
Previous Owner Radous Wayne A $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $117,000 +2.0% $200 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $114,750 0.0% $196 / Sq Ft
11/07/2016 11/07/16 Rented $495 0.0% --
09/15/2016 09/15/16 For Rent $495 -- --
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 $4,325 $177,300 $13,900 $163,400
2023 $4,325 $177,300 $13,900 $163,400
2022 $4,094 $164,700 $13,900 $150,800
2021 $3,124 $130,400 $3,200 $127,200
2020 $1,439 $57,200 $3,200 $54,000
2019 $1,369 $53,200 $3,200 $50,000
2018 $1,052 $37,400 $3,200 $34,200
2017 $839 $34,400 $3,200 $31,200
2016 $772 $32,000 $3,200 $28,800
2014 $804 $37,400 $3,200 $34,200
2013 $713 $50,600 $3,200 $47,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Waters

    Mentor Listing Realty Inc

    (866) 269-1006

    1 in this area

    510 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Matthew Speer

    JUST LIV, LLC

  • I

    Seller's Agent in 2016

    Ivan Barratt

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21737484

MIBOR Broker Listing Cooperative®

APN: 49-07-18-103-131.000-801

Indiana Marion County Indianapolis 46205 Fairgrounds

4227 Crittenden Ave, Indianapolis, IN

This home is located at 4227 Crittenden Ave, Indianapolis, IN 46205 since 08 September 2020 and is currently estimated at $206,371, approximately $352 per square foot. This property was built in 1943. 4227 Crittenden Ave is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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