NOT LISTED FOR SALE

Estimated Value: $307,363 - $399,000

3 Beds
1 Bath
1,431 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 05, 2018

Last sale price $174,900 $122 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,439/month

3 Days on Market

About This Home

As of June 2018

IMMEDIATE CASH FLOW! Great opportunity with this fully occupied South Broad Ripple double. Beautiful woodwork and hardwood floors grace the main level of both units (mirrored floor plans). Sizable Living and Dining Rooms. Cozy Kitchen has great natural light. Plenty of basement storage space. Off street parking - concrete slab ready for a garage/carport. Walking distance from the planned Red Line, breweries, and brand new restaurants/retail. Continue collecting monthly rent, or live in one side and let the other pay your mortgage!

Last Agent to Sell the Property

David Martin

F.C. Tucker Company License #RB14007877 Listed on: 05/07/2018

F.C. Tucker Company

Co-Listed By

Erin Martin Scott

F.C. Tucker Company License #RB14038780

Last Buyer's Agent

Thomas Corbett

Keller Williams Indy Metro NE License #RB14038136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1920

Lot Details

  • 8,002

Home Design

  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 2-Story Property
  • 8,002 Sq Ft Lot
  • Basement

Community Details

  • Woodcroft Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, lawncare, sewer, all utilities, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 490613149340000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,190

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Co List Office Phone: 317-843-7766
  • Lot Size Acres: 0.1837
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: WOODCROFT
  • Inspection Warranties: Not Applicable
  • Property Description: IMMEDIATE CASH FLOW! Great opportunity with this fully occupied South Broad Ripple double. Beautiful woodwork and hardwood floors grace the main level of both units (mirrored floor plans). Sizable Living and Dining Rooms. Cozy Kitchen has great natural light. Plenty of basement storage space. Off street parking - concrete slab ready for a garage/carport. Walking distance from the planned Red Line, breweries, and brand new restaurants/retail. Continue collecting monthly rent, or live in one side and let the other pay your mortgage!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Taxes
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnSome

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 174900
  • Construction Stage: Completed
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,Paved Area,2 Car Space
  • Auto Surface: Concrete
  • Parking Spacesper Unit: 1.1000

Utilities

  • Solid Waste: 1
  • HVAC: Gas - Forced Air

Fee Information

  • Expenses: 5000

Lot Info

  • Parcel Number: 490613149340000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Street Lights,Tree Mature
  • Lot Number: 373
  • Lot Size: 8,002

Green Features

  • Green Certification Y N: 0

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3190
  • Semi Annual Property Tax Amt: 1595
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 5, 2018
Seller's Agent
David Martin
F.C. Tucker Company
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
$357,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,888
Avg. Annual Appreciation
10.23%
Source: Public Records

Range of Values:

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Average Value
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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
-- $174,900 --
Four Acres Llc $174,900 Enterprise Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2018 06/05/18 Sold $174,900 0.0% $122 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $174,900 -- $122 / 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 $6,505 $279,400 $48,800 $230,600
2023 $6,505 $268,400 $48,800 $219,600
2022 $6,319 $299,200 $48,800 $250,400
2021 $5,105 $215,500 $11,500 $204,000
2020 $4,793 $201,300 $11,500 $189,800
2019 $4,532 $186,500 $11,500 $175,000
2018 $4,755 $194,300 $11,500 $182,800
2017 $3,935 $179,500 $11,500 $168,000
2016 $3,311 $153,500 $11,500 $142,000
2014 $1,500 $139,300 $11,500 $127,800
2013 $1,244 $125,100 $11,500 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21563953

MIBOR Broker Listing Cooperative®

APN: 49-06-13-149-340.000-801