NOT LISTED FOR SALE

461 Arthur Ave Indianapolis, IN 46222

Garden City Neighborhood

Estimated Value: $142,000 - $151,001

2 Beds
-- Bath
823 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $94,000 $114 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,029/month

30 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Property is Fully Fenced
  • Ben Davis University High School Rated A

About This Home

As of December 2019

This is a beautifully updated, fully rented all brick duplex that has been well maintained. Hardwoods throughout are in great condition, baths have tiled tub surrounds, nice amenities like central air, and washer/dryer hookups in each unit! This place rents immediately when vacant, and although the tenants each pay $575/mo., rent could probably be higher. Tenants pay all utilities, including water and sewer! This place is a gem, within a couple minutes of all that's going on in Speedway near 10th ... retail, restaurants, breweries, etc. Also about 5 minutes from 465 ... easy access to anywhere! PLEASE give at least 24 hr. notice for showings, thanks.

Last Agent to Sell the Property

Barb Getty

Barnes Property Management LLC License #RB14038464 Listed on: 10/26/2019

Last Buyer's Agent

Cheryl Martinez

Homes By Cheryl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1960

Lot Details

  • Property is Fully Fenced

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Community Details

  • Michigan Terrace Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, lawncare, sewer, all utilities, water
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 491105107013000982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,606

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1960
  • Structure Type: Duplex
  • Subdivision Name: MICHIGAN TERRACE
  • Inspection Warranties: LeadBasePaint,Not Applicable
  • Property Description: This is a beautifully updated, fully rented all brick duplex that has been well maintained. Hardwoods throughout are in great condition, baths have tiled tub surrounds, nice amenities like central air, and washer/dryer hookups in each unit! This place rents immediately when vacant, and although the tenants each pay $575/mo., rent could probably be higher. Tenants pay all utilities, including water and sewer! This place is a gem, within a couple minutes of all that's going on in Speedway near 10th ... retail, restaurants, breweries, etc. Also about 5 minutes from 465 ... easy access to anywhere! PLEASE give at least 24 hr. notice for showings, thanks.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Complete
  • Foundation Details: Crawl Space, Block

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491105107013000982
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 17
  • Lot Size: 0.16 AC

Green Features

  • Green Certification Y N: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 1606
  • Semi Annual Property Tax Amt: 803
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Dec 30, 2019
Sold by
Bridgey7 Llc
Bought by
Yataco Angel R
Seller's Agent
Barb Getty
Barnes Property Management LLC
Buyer's Agent
Cheryl Martinez
Homes By Cheryl
List Price
$110,000
Sold Price
$94,000
Premium/Discount to List
-$16,000
-14.55%
Current Estimated Value
$145,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
7.80%
Original Mortgage
$70,500
Outstanding Balance
$62,290
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$83,377

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 4, 2017
Sold by
Cleveng Jennifer Grubb Formerly Known
Bought by
The Bridgey7 Llc
Seller's Agent
Douglas Jones
Jones Real Estate Group, LLC
Buyer's Agent
Barb Getty
Barnes Property Management LLC
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yataco Angel R $94,000 Abstract & Title
The Bridgey7 Llc $60,000 --
The Bridgey 7 Llc $60,000 Hocker And Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yataco Angel R $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2019 12/30/19 Sold $94,000 -10.5% $114 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/23/2019 11/23/19 Price Changed $105,000 -4.5% $128 / Sq Ft
10/25/2019 10/25/19 For Sale $110,000 +83.3% $134 / Sq Ft
08/04/2017 08/04/17 Sold $60,000 -13.0% $73 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $69,000 -- $84 / 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 $3,207 $141,800 $3,400 $138,400
2023 $3,207 $130,600 $3,400 $127,200
2022 $3,139 $130,600 $3,400 $127,200
2021 $2,488 $87,200 $3,400 $83,800
2020 $2,216 $77,200 $3,400 $73,800
2019 $2,116 $73,600 $3,400 $70,200
2018 $1,607 $63,000 $3,400 $59,600
2017 $1,619 $63,600 $3,400 $60,200
2016 $1,452 $56,600 $3,400 $53,200
2014 $1,012 $50,600 $3,400 $47,200
2013 $1,048 $52,400 $3,400 $49,000
Source: Public Records

Agents Affiliated with this Home

  • Barb Getty

    Seller's Agent in 2019

    Barb Getty

    Barnes Property Management LLC

    (317) 213-8361

    50 Total Sales

    Barb Getty
    Section Image

  • C

    Buyer's Agent in 2019

    Cheryl Martinez

    Homes By Cheryl

    Section Image
  • Douglas Jones

    Seller's Agent in 2017

    Douglas Jones

    Jones Real Estate Group, LLC

    (317) 331-0618

    10 Total Sales

    Douglas Jones
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Bronson Jones

    Jones Real Estate Group, LLC

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21676773

MIBOR Broker Listing Cooperative®

APN: 49-11-05-107-013.000-982

Indiana Marion County Indianapolis 46222 Garden City

461 Arthur Ave, Indianapolis, IN

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