Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
13 in this area
449 Total Sales
4601 Fletcher Ave Indianapolis, IN 46203
Christian Park NeighborhoodEstimated Value: $118,000 - $134,533
2
Beds
--
Bath
528
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- Baseboard Heating
- Corner Lot
About This Home
As of September 2024INVESTOR ALERT! Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled ranch duplex in the popular Christian Park neighborhood! Located in the heart of Indy's near Eastside, this duplex is strategically situated for convenience and growth. It's an excellent location with tons of development happening in the area and less than a 10-minute drive into downtown. The property has undergone cosmetic renovations on both sides over the past two years (flooring, cabinets, paint, etc). Both units are identical, each featuring 2 bedrooms/1 bathroom, 528sq ft. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $710 and $870 per month ($1580 gross). Unit 4601's lease runs through August 2025, and 4603's is up in May 2025. Tenants pay for electricity, and the owner pays for water/sewer/trash. Fantastic location within walking distance to the park and school, and within minutes of shopping, dining, transportation, downtown Indy, and more! Due to the central location, this property offers a desirable lifestyle for tenants, ensuring strong demand and occupancy rates. Don't miss out on this prime opportunity to secure steady returns in a flourishing area!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 08/16/2024
Last Buyer's Agent
Jeffrey Howell
F.C. Tucker Company
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,464
Year Built
- Built in 1945 | Remodeled
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Fire and Smoke Detector
- Washer and Dryer Hookup
Utilities
- Baseboard Heating
Community Details
- Bruce Zeager Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer, trash collection, water
- Tax Lot 7
- Assessor Parcel Number 491009131008000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Sep 13, 2024
Sold by
Bogdanoff Michael and Bogdanoff Olga
Bought by
Wade Clark T
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Jeffrey Howell
F.C. Tucker Company
List Price
$119,000
Sold Price
$125,000
Premium/Discount to List
$6,000
5.04%
Views
20
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
-$822
Avg. Annual Appreciation
-0.62%
Original Mortgage
$122,735
Outstanding Balance
$121,261
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$2,917
Purchase Details
Listed on
May 25, 2021
Closed on
Oct 7, 2021
Sold by
H3 Anesthesia 401K Trust
Bought by
Bogdanoff Michael and Bogdanoff Olga
Seller's Agent
Todd Burton
Berkshire Hathaway Home
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$99,999
Sold Price
$90,000
Premium/Discount to List
-$9,999
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$67,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2017
Purchase Details
Closed on
Jan 25, 2017
Purchase Details
Closed on
Dec 13, 2016
Purchase Details
Closed on
Jan 17, 2011
Sold by
Carlyle Funding Corporation
Bought by
Carlyle Funding Corporation
Purchase Details
Closed on
Jul 30, 2009
Sold by
Farley Lorianne R and Health & Hospital Corporation
Bought by
Carlyle Funding Corporation
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wade Clark T | $125,000 | None Listed On Document | |
| Bogdanoff Michael | $90,000 | None Available | |
| -- | $62,000 | -- | |
| H3 Anesthesia 401K Trust | $62,000 | Paramount Title Agency | |
| -- | $45,000 | -- | |
| -- | $8,600 | -- | |
| Carlyle Funding Corporation | -- | None Available | |
| Carlyle Funding Corporation | $20,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wade Clark T | $122,735 | |
| Previous Owner | Bogdanoff Michael | $67,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $125,000 | +5.0% | $237 / Sq Ft | |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- | |
| 08/16/2024 08/16/24 | For Sale | $119,000 | +32.2% | $225 / Sq Ft | |
| 10/07/2021 10/07/21 | Sold | $90,000 | -10.0% | $170 / Sq Ft | View Prior Sale |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- | |
| 05/25/2021 05/25/21 | For Sale | $99,999 | -- | $189 / 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 | $1,565 | $61,700 | $10,500 | $51,200 |
| 2023 | $1,565 | $61,700 | $10,500 | $51,200 |
| 2022 | $1,557 | $61,700 | $10,500 | $51,200 |
| 2021 | $1,218 | $48,500 | $10,500 | $38,000 |
| 2020 | $1,061 | $41,600 | $4,200 | $37,400 |
| 2019 | $1,069 | $41,200 | $4,200 | $37,000 |
| 2018 | $972 | $36,800 | $4,200 | $32,600 |
| 2017 | $1,354 | $24,200 | $4,200 | $20,000 |
| 2016 | $694 | $24,200 | $4,200 | $20,000 |
| 2014 | $577 | $26,700 | $4,200 | $22,500 |
| 2013 | $604 | $26,700 | $4,200 | $22,500 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
-
J
Buyer's Agent in 2024
Jeffrey Howell
F.C. Tucker Company
-
Todd Burton
T
Seller's Agent in 2021
Todd Burton
Berkshire Hathaway Home
(317) 331-8496
3 in this area
51 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21996513
APN: 49-10-09-131-008.000-101
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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