NOT LISTED FOR SALE

Estimated Value: $438,000 - $482,000

3 Beds
1 Bath
1,478 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2024

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

Est. 4% increase in value since last sale

Current estimated payment $3,081 / mo

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

6,011 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 15, 2024
Sold by
Bought by
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
$453,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,697
Avg. Annual Appreciation
2.53%
Original Mortgage
$341,250
Outstanding Balance
$336,479
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$117,218

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 25, 2014
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$436,000 Chicago Title
-- Stewart Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,470 $417,900 $48,100 $369,800
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

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