NOT LISTED FOR SALE

Estimated Value: $436,000 - $452,952

3 Beds
1 Bath
1,478 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $436,000 $295 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,896/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Mature Trees

About This Home

As of November 2024

Don't miss this opportunity to own a well-maintained, tenant-occupied, full brick double in the heart of Meridian-Kessler. Walk to Patachou, Sullivan's, Fresh Market and other local shops and restaurants. Charm and character throughout with hardwood floors, 9 ft ceilings on main level, covered front porches, built-ins, fireplaces and basements. Owner has made considerable updates including new kitchen and addition of 1/2 bath on 430 side. Upstairs you'll find 3 nice-sized bedrooms and updated full baths in both units. Gas furnace and water. Subject to tenants rights.

Last Agent to Sell the Property

Mike Scheetz

CENTURY 21 Scheetz Brokerage Email: mm@ScheetzTeam.com License #RB14043396 Listed on: 09/27/2024

CENTURY 21 Scheetz

Co-Listed By

Melanie Scheetz

CENTURY 21 Scheetz Brokerage Email: mm@ScheetzTeam.com License #RB14043394

Last Buyer's Agent

Sean Mullins

United Real Estate Indpls License #RB23001806

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 6,011 Sq Ft Lot
  • Mature Trees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage
  • Basement Lookout

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Arthur V Brown S East Meridian H Subdivision

Listing and Financial Details

  • Tenant pays for security, all utilities, cable TV, electricity, gas, insurance, sewer, water
  • The owner pays for ins hazard, insurance, lawncare, no utilities, taxes
  • Tax Lot 49-06-12-229-138.000-801
  • Assessor Parcel Number 490612229138000801
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,306

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1922
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Arthur V Brown S East Meridian H
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mm@ScheetzTeam.com
  • Multi Rooms: 14
  • Attribution Contact: mm@ScheetzTeam.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Full, Storage Space, Unfinished
  • Levels: Two
  • Owner Pays: Ins Hazard, Insurance, Lawncare, No Utilities, Taxes
  • Possible Use: Residential
  • Gross Area Sq Ft: 6011
  • Amenities: N/A
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Materials: Brick, Stucco, Wood
  • Direction Faces: South
  • Foundation Details: Block, Full
  • Property Condition: Updated/Remodeled
  • View: Neighborhood, Trees/Woods
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: None, Gravel
  • Unit Parking: On Street,Parking Lot,Unpaved

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All, In Basement
  • Solid Waste: No

Fee Information

  • Insurance Expenses S F: 0

Lot Info

  • Lot Features: City Lot, Curbs, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6011
  • Parcel Number: 490612229138000801
  • Zoning: Residential
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Security, All Utilities, Cable TV, Electricity, Gas, Insurance, Sewer, Water

Multi Family

  • Net Operating Income: 33187
  • Insurance Expense: 2833

Tax Info

  • Tax Annual Amount: 7306
  • Tax Lot: 49-06-12-229-138.000-801
  • Semi Annual Property Tax Amt: 3653
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 15, 2024
Sold by
Lekic Denis and Hoover Rachael Z
Bought by
Waterlemon Llc
Seller's Agent
Mike Scheetz
CENTURY 21 Scheetz
Buyer's Agent
Sean Mullins
United Real Estate Indpls
List Price
$450,000
Sold Price
$436,000
Premium/Discount to List
-$14,000
-3.11%
Views
34
Current Estimated Value
$441,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,651
Avg. Annual Appreciation
1.11%
Original Mortgage
$341,250
Outstanding Balance
$338,113
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$103,538

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 25, 2014
Sold by
Miller Zachary
Bought by
Lekic Denis and Hoover Rachael Z
Seller's Agent
David Martin
F.C. Tucker Company
Buyer's Agent
Mirita Zuloaga
MZ Realty, LLC
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$183,750
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records
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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
Waterlemon Llc $436,000 Chicago Title
Lekic Denis -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterlemon Llc $341,250
Previous Owner Lekic Denis $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $436,000 -3.1% $295 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $450,000 +83.7% $304 / Sq Ft
09/25/2014 09/25/14 Sold $245,000 -1.6% $330 / Sq Ft View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $249,000 -- $336 / Sq Ft
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 $7,305 $314,800 $48,100 $266,700
2023 $7,305 $302,900 $48,100 $254,800
2022 $6,870 $289,000 $48,100 $240,900
2021 $6,338 $269,700 $29,000 $240,700
2020 $6,175 $261,700 $29,000 $232,700
2019 $6,409 $266,700 $29,000 $237,700
2018 $6,274 $258,700 $29,000 $229,700
2017 $5,704 $263,500 $29,000 $234,500
2016 $5,663 $267,400 $29,000 $238,400
2014 $8,590 $397,300 $29,000 $368,300
2013 $7,518 $361,600 $29,000 $332,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22003049

MIBOR Broker Listing Cooperative®

APN: 49-06-12-229-138.000-801