NOT LISTED FOR SALE

4502 E Washington St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $182,000 - $237,000

4 Beds
-- Bath
2,058 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $223,000 $108 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,291/month

19 Days on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Detached Garage
  • Mature Trees
  • Corner Lot

About This Home

As of January 2025

This 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

Chris Price

Keller Williams Indy Metro S Brokerage Email: chrisprice@indypropertysource.com License #RB14030267 Listed on: 11/20/2024

Keller Williams Indy Metro S

Co-Listed By

Billy Prather

Keller Williams Indy Metro S Brokerage Email: chrisprice@indypropertysource.com License #RB22001946

Last Buyer's Agent

Jenny Shopp

Berkshire Hathaway Home

Berkshire Hathaway Home

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,304

Year Built

Built in 1900

Lot Details

5,184 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Farmhouse, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1900
  • Co List Office Phone: 317-271-5959
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: Tuxedo Park
  • Transaction Type: Sale
  • Website: www.BillyTheIndyPropertySource.com
  • Conversion: Yes
  • MBR_AttributionContact: chrisprice@indypropertysource.com
  • Multi Rooms: 1
  • Attribution Contact: chrisprice@indypropertysource.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One and One Half
  • Possible Use: Apt>20
  • Gross Area Sq Ft: 2058
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Aluminum Siding
  • Direction Faces: South
  • Exterior Features: Not Applicable
  • Fencing: Fence Full Rear
  • View: Neighborhood, Trees/Woods
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: None, Detached
  • Unit Parking: On Street

Utilities

  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Schools

  • Middle Or Junior School: H L Harshman Middle School

Lot Info

  • Lot Features: City Lot, Corner Lot, Not In Subdivision, Sidewalks, Mature Trees, See Remarks, Other
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt>20
  • Lot Size Sq Ft: 5184
  • Parcel Number: 491004119041000101
  • Zoning: R1
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2304
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1152

MLS Schools

  • Elementary School: Ralph Waldo Emerson School 58

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
$213,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,275
Avg. Annual Appreciation
-3.57%
Original Mortgage
$167,250
Outstanding Balance
$165,257
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$48,468

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

Listed on
Nov 30, 2023
Closed on
Feb 27, 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.
Original Mortgage
$126,750
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2021
Sold by
Mmm Investment Llc
Bought by
Ahdoot Jacob H and Eckelbarger Chase W

Purchase Details

Closed on
Feb 8, 2021
Sold by
Mmm Investments Llc
Bought by
Ahdoot Jacob H and Eckelbarger Chase W

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garces Jonathan -- Security Title
Garces Jonathan -- Security Title
Garces Jonathan -- Security Title
Sunrise Results Llc $169,000 Title Alliance
Sunrise Results Llc $169,000 Title Alliance
Sunrise Results Llc $169,000 Title Alliance
Sunrise Results Llc -- Title Alliance
Sunrise Results Llc -- Title Alliance
Sunrise Results Llc -- Title Alliance
Ahdoot Jacob H -- Bray Miranda D
Ahdoot Jacob H -- Bray Miranda D
Ahdoot Jacob H -- Bray Miranda D
Ahdoot Jacob H $120,000 None Available
Ahdoot Jacob H $120,000 None Available
Ahdoot Jacob H $120,000 None Available
Mmm Investment Llc -- None Listed On Document
Mmm Investment Llc -- None Listed On Document
Mmm Investment Llc -- None Listed On Document
Sutton Nina -- Ctic Emerson
Sutton Nina -- Ctic Emerson
Sutton Nina -- Ctic Emerson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garces Jonathan $167,250
Previous Owner Sunrise Results Llc $126,750
Previous Owner Sunrise Results Llc $126,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $2,143 $160,100 $6,900 $153,200
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

    54 in this area

    492 Total Sales

    Chris Price
    Section Image

  • B

    Seller Co-Listing Agent in 2025

    Billy Prather

    Keller Williams Indy Metro S

    10 in this area

    38 Total Sales

    Billy Prather
    Section Image

  • J

    Buyer's Agent in 2025

    Jenny Shopp

    Berkshire Hathaway Home

    Section Image

  • M

    Buyer Co-Listing Agent in 2025

    Maurice Brown

    Berkshire Hathaway Home

    Section Image
  • Denis O'Brien

    Seller's Agent in 2024

    Denis O'Brien

    Keller Williams Indy Metro S

    (317) 345-0785

    9 in this area

    386 Total Sales

    Denis O'Brien
    Section Image
  • Justus Hodges

    Seller Co-Listing Agent in 2024

    Justus Hodges

    Just Homes Realty

    (317) 937-7656

    1 in this area

    55 Total Sales

    Justus Hodges
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22011967

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-041.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

4502 E Washington St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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