NOT LISTED FOR SALE

425 Arthur Ave Indianapolis, IN 46222

Garden City Neighborhood

Estimated Value: $112,000 - $143,000

1 Bed
-- Bath
-- Sq Ft
6,665 Sq Ft Lot

Last Sold June 29, 2017

Last sale price $47,000

Est. 171% increase in value since last sale

Current estimated payment $900/month

329 Days on Market

Highlights

  • 1-Story Property
  • Ben Davis University High School Rated A
  • Partially Fenced Property

About This Home

As of June 2017

Excellent Investment Property! This all brick, single story double home with full (separate) basements on each side. All electric, vinyl windows, Living rooms include built-in bookcases. Master Bedrooms with ceiling fans. Individual basements provide option for second bedroom plus washer/dryer hook-ups & ample storage. Unit #425 is tenanted at $535/month and lease is in effect until 7/31/17, Unit #427 is vacant.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 07/19/2016

Last Buyer's Agent

Tina Floyd-Snodgrass

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1958

Lot Details

  • 6,665

Home Design

  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Community Details

  • Michigan Terrace Subdivision

Listing and Financial Details

  • Tenant pays for cable tv electricity insurance
  • The owner pays for inshazard lawncare taxes sewer water
  • Assessor Parcel Number 491105107027000982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,104

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx,Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1958
  • Subdivision Name: MICHIGAN TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Excellent Investment Property! This all brick, single story double home with full (separate) basements on each side. All electric, vinyl windows, Living rooms include built-in bookcases. Master Bedrooms with ceiling fans. Individual basements provide option for second bedroom plus washer/dryer hook-ups & ample storage. Unit #425 is tenanted at $535/month and lease is in effect until 7/31/17, Unit #427 is vacant.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard,Lawncare,Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491105107027000982
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Zoned
  • Lot Number: 24
  • Lot Size: 6665

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Insurance

Tax Info

  • Tax Annual Amount: 1104
  • Semi Annual Property Tax Amt: 552
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Thelma Curts Llc
Bought by
Starfish Properties Llc
Current Estimated Value
$127,500

Purchase Details

Listed on
Jul 19, 2016
Closed on
Jun 23, 2017
Sold by
Member Paul S and Member Lunney
Bought by
Hollie Curts Manager
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Tina Floyd-Snodgrass
Keller Williams Indpls Metro N
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
May 10, 2010
Sold by
Bollier Gerald and Bollier Family Trust
Bought by
Collingswood Home Management Llc

Purchase Details

Closed on
Mar 1, 2010
Sold by
Day Kevin D and Day Kathryn A
Bought by
Bollier Family Trust

Purchase Details

Closed on
Mar 23, 2005
Sold by
Heberstreit Michael J and Estate Of Judy Gayle Murphy
Bought by
Baldwin Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,199
Interest Rate
5.71%
Mortgage Type
FHA
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
Starfish Properties Llc -- Drake Andrew R
Hollie Curts Manager $47,000 --
Thelma Curts Llc $47,000 Meridian Title Corp
Collingswood Home Management Llc -- Integrity Title Services
Bollier Family Trust $18,751 None Available
Baldwin Sean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldwin Sean $108,199
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $47,000 -14.5% --
06/14/2017 06/14/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $55,000 +17.0% --
10/09/2016 10/09/16 Off Market $47,000 -- --
07/19/2016 07/19/16 For Sale $55,000 -- --
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 $2,752 $122,400 $3,000 $119,400
2023 $2,752 $112,800 $3,000 $109,800
2022 $2,694 $112,800 $3,000 $109,800
2021 $2,102 $74,200 $3,000 $71,200
2020 $1,804 $63,200 $3,000 $60,200
2019 $1,727 $60,400 $3,000 $57,400
2018 $1,355 $53,600 $3,000 $50,600
2017 $1,354 $53,600 $3,000 $50,600
2016 $1,216 $47,800 $3,000 $44,800
2014 $856 $42,800 $3,000 $39,800
2013 $884 $44,200 $3,000 $41,200
Source: Public Records

Agents Affiliated with this Home

  • Charlene Gaard

    Seller's Agent in 2017

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    269 Total Sales

    Charlene Gaard
    Section Image

  • T

    Buyer's Agent in 2017

    Tina Floyd-Snodgrass

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21430318

MIBOR Broker Listing Cooperative®

APN: 49-11-05-107-027.000-982

Indiana Marion County Indianapolis 46222 Garden City

425 Arthur Ave, Indianapolis, IN

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