4502 E Washington St Indianapolis, IN 46201
Near Eastside Neighborhood
--
Bed
--
Bath
2,058
Sq Ft
5,184
Sq Ft Lot
Highlights
- View of Trees or Woods
- Traditional Architecture
- Detached Garage
- Mature Trees
- Corner Lot
About This Home
As of January 2025This well maintained corner lot property features a fully occupied, Multifamily Triplex, making it a fantastic investment opportunity. Located in the Bosart Brown neighborhood, this Triplex offers three spacious rental Units, each with its own unique charm and functional Layout. Enjoy the convenience of ample Parking with multiple Spaces available on site. This property sits in a prime location, offering easy and quick access to local amenities, parks, transportation hubs, and major roadways. With a steady Rental Income and Occupancy Rate, this property presents a profitable real estate portfolio.
Last Agent to Sell the Property
Keller Williams Indy Metro S Brokerage Email: chrisprice@indypropertysource.com License #RB14030267 Listed on: 11/20/2024
Co-Listed By
Keller Williams Indy Metro S Brokerage Email: chrisprice@indypropertysource.com License #RB22001946
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,304
Year Built
- Built in 1900
Lot Details
- 5,184 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- Detached Garage
Property Views
- Woods
- Neighborhood
Home Design
- Triplex
- Traditional Architecture
- Farmhouse Style Home
- Aluminum Siding
Interior Spaces
- 1.5-Story Property
- Fire and Smoke Detector
- Basement
Location
- City Lot
Schools
- Ralph Waldo Emerson School 58 Elementary School
- H L Harshman Middle School
Community Details
- Tuxedo Park Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 491004119041000101
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2024
Closed on
Jan 16, 2025
Sold by
Sunrise Results Llc
Bought by
Garces Jonathan
Seller's Agent
Chris Price
Keller Williams Indy Metro S
Buyer's Agent
Jenny Shopp
Berkshire Hathaway Home
List Price
$260,000
Sold Price
$223,000
Premium/Discount to List
-$37,000
-14.23%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,171
Avg. Annual Appreciation
-9.08%
Original Mortgage
$167,250
Outstanding Balance
$166,953
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$45,678
Purchase Details
Listed on
Nov 30, 2023
Closed on
Mar 13, 2024
Sold by
Ahdoot Jacob H and Ahdoot Jacob Hai
Bought by
Sunrise Results Llc
Seller's Agent
Denis O'Brien
Keller Williams Indy Metro S
Buyer's Agent
Connor Jones
Mark Dietel Realty, LLC
List Price
$160,000
Sold Price
$169,000
Premium/Discount to List
$9,000
5.62%
Views
79
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.11%
Original Mortgage
$126,750
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2021
Sold by
Mmm Investments Llc
Bought by
Ahdoot Jacob H and Eckelbarger Chase W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
2.65%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 23, 2020
Sold by
Sutton Nina
Bought by
Mmm Investment Llc
Purchase Details
Closed on
Jul 17, 2008
Sold by
Ginder Wilma
Bought by
Sutton Nina
Similar Homes in Indianapolis, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $223,000 | Security Title | |
| Warranty Deed | $169,000 | Title Alliance | |
| Warranty Deed | $120,000 | None Available | |
| Warranty Deed | $95,000 | Monument Title | |
| Warranty Deed | -- | Ctic Emerson |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,250 | New Conventional | |
| Previous Owner | $126,750 | New Conventional | |
| Previous Owner | $96,000 | New Conventional | |
| Previous Owner | $84,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | Sold | $223,000 | -4.7% | $108 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | Price Changed | $234,000 | -10.0% | $114 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $260,000 | +53.8% | $126 / Sq Ft |
| 03/15/2024 03/15/24 | Sold | $169,000 | +5.6% | $82 / Sq Ft |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | Price Changed | $160,000 | 0.0% | $78 / Sq Ft |
| 01/31/2024 01/31/24 | For Sale | $160,000 | -11.1% | $78 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 12/21/2023 12/21/23 | Price Changed | $180,000 | 0.0% | $87 / Sq Ft |
| 12/21/2023 12/21/23 | For Sale | $180,000 | -2.7% | $87 / Sq Ft |
| 12/06/2023 12/06/23 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $185,000 | -- | $90 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,423 | $90,300 | $6,900 | $83,400 |
| 2023 | $2,423 | $97,100 | $6,900 | $90,200 |
| 2022 | $2,411 | $97,100 | $6,900 | $90,200 |
| 2021 | $1,976 | $80,600 | $6,900 | $73,700 |
| 2020 | $2,062 | $84,100 | $2,100 | $82,000 |
| 2019 | $2,084 | $83,500 | $2,100 | $81,400 |
| 2018 | $2,100 | $83,500 | $2,100 | $81,400 |
| 2017 | $1,784 | $78,900 | $2,100 | $76,800 |
| 2016 | $1,861 | $84,400 | $2,100 | $82,300 |
| 2014 | $1,702 | $78,700 | $2,100 | $76,600 |
| 2013 | $1,039 | $97,000 | $2,100 | $94,900 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Price
Seller's Agent in 2025
Chris Price
Keller Williams Indy Metro S
(317) 886-8477
38 in this area
492 Total Sales
-
Billy Prather
B
Seller Co-Listing Agent in 2025
Billy Prather
Keller Williams Indy Metro S
6 in this area
29 Total Sales
-
Jenny Shopp
Buyer's Agent in 2025
Jenny Shopp
Berkshire Hathaway Home
(317) 440-5840
4 in this area
309 Total Sales
-
Maurice Brown
M
Buyer Co-Listing Agent in 2025
Maurice Brown
Berkshire Hathaway Home
(317) 797-7672
2 in this area
46 Total Sales
-
Denis O'Brien
Seller's Agent in 2024
Denis O'Brien
Keller Williams Indy Metro S
(317) 345-0785
8 in this area
353 Total Sales
-
Justus Hodges
Seller Co-Listing Agent in 2024
Justus Hodges
Just Homes Realty
(317) 937-7656
1 in this area
47 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22011967
APN: 49-10-04-119-041.000-101
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