NOT LISTED FOR SALE

Estimated Value: $104,000 - $172,000

2 Beds
-- Bath
511 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $29,000 $57 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $855/month

1 Day on Market

About This Home

As of May 2018

This is a solid duplex that will make for a great addition to any investment portfolio. Reliable tenants include a 30 year resident that takes care of his one bedroom unit as if he was the owner. The two bedroom unit receives $425 a month and both units have a full basement. Brick front and maintenance-free vinyl siding. Large backyard has a creek and there is plenty of parking on the street or spaces on the side. All appliances are the personal property of the tenants including the window AC units.

Last Agent to Sell the Property

R Scott Pallikan

Sunblest Realty License #RB14027310 Listed on: 04/14/2018

Co-Listed By

Sally Spurlock

Sunblest Realty License #RB17000414

Last Buyer's Agent

April Fitzgerald

Richfield Realty Group License #RB14026722

Richfield Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,142 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • Basement

Community Details

  • Glenridge Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for taxes, sewer, water
  • Assessor Parcel Number 490733146007000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1941
  • Co List Office Phone: 317-447-7988
  • Lot Size Acres: 0.141
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: GLENRIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: This is a solid duplex that will make for a great addition to any investment portfolio. Reliable tenants include a 30 year resident that takes care of his one bedroom unit as if he was the owner. The two bedroom unit receives $425 a month and both units have a full basement. Brick front and maintenance-free vinyl siding. Large backyard has a creek and there is plenty of parking on the street or spaces on the side. All appliances are the personal property of the tenants including the window AC units.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1022
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 39900
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved
  • Auto Surface: gravel

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1800

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490733146007000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 193
  • Lot Size: 6,142

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 878
  • Semi Annual Property Tax Amt: 439
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Bambusa Holdings Llc
Bought by
Oliver Valerie M
Current Estimated Value
$132,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,637
Outstanding Balance
$87,803
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$44,711

Purchase Details

Closed on
Jul 12, 2021
Sold by
Mitchell Bob and Mitchell Heather
Bought by
Bambusa Holdings Llc

Purchase Details

Closed on
Dec 18, 2020
Sold by
Camelot Real Estate Llc
Bought by
Mitchell Bob and Mitchell Heather

Purchase Details

Closed on
Feb 13, 2019
Sold by
J & K Freedom Fund Llc
Bought by
Camelot Real Estate Llc

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 23, 2018
Seller's Agent
R Scott Pallikan
Sunblest Realty
Buyer's Agent
April Fitzgerald
Richfield Realty Group
List Price
$39,900
Sold Price
$29,000
Premium/Discount to List
-$10,900
-27.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.49%
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
Oliver Valerie M $94,355 None Listed On Document
Bambusa Holdings Llc -- None Available
Mitchell Bob -- None Available
Camelot Real Estate Llc $55,775 Monument Title
-- $29,000 --
-- $38,000 --
J & K Freedom Fund Llc $29,000 Monument Title Insurance Compa
Jak Holdings Group Llc $29,000 Monument Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Valerie M $89,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $29,000 -27.3% $57 / Sq Ft
05/22/2018 05/22/18 For Sale $39,900 0.0% $78 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $39,900 -- $78 / 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 $1,482 $90,800 $9,100 $81,700
2023 $1,482 $58,200 $9,100 $49,100
2022 $1,389 $54,600 $9,100 $45,500
2021 $1,158 $45,900 $9,100 $36,800
2020 $1,005 $39,200 $3,100 $36,100
2019 $934 $35,500 $3,100 $32,400
2018 $1,124 $43,200 $3,100 $40,100
2017 $992 $42,300 $3,100 $39,200
2016 $972 $42,300 $3,100 $39,200
2014 $863 $39,900 $3,100 $36,800
2013 $902 $39,900 $3,100 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21558584

MIBOR Broker Listing Cooperative®

APN: 49-07-33-146-007.000-101