NOT LISTED FOR SALE

Estimated Value: $130,000 - $173,095

2 Beds
1 Bath
1,280 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $97,000 $76 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,004/month

77 Days on Market

About This Home

As of July 2020

Great investment opportunity in Indianapolis! Come see this income-producing property today!

Last Agent to Sell the Property

Josh Moss

Keller Williams Indy Metro S License #RB14039981 Listed on: 02/13/2020

Keller Williams Indy Metro S

Last Buyer's Agent

Andres Rodriguez

Rodriguez Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement

Community Details

  • West Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491104155137000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,606

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: WEST PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment opportunity in Indianapolis! Come see this income-producing property today!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Block
  • List Price: 110000
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491104155137000901
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 138
  • Lot Size: 5227

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

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
Feb 13, 2020
Closed on
Jul 2, 2020
Sold by
Britt Kenith
Bought by
Waddell Jessica Rose
Seller's Agent
Josh Moss
Keller Williams Indy Metro S
Buyer's Agent
Andres Rodriguez
Rodriguez Real Estate Group
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Total Days on Market
77
Current Estimated Value
$155,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,524
Avg. Annual Appreciation
9.92%
Original Mortgage
$95,243
Outstanding Balance
$85,391
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$70,133

Purchase Details

Closed on
Oct 31, 2019
Sold by
47 & 49 Holmes Ave Llc
Bought by
Britt Kenith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2017

Purchase Details

Closed on
Nov 28, 2016

Purchase Details

Closed on
Oct 29, 2016

Purchase Details

Closed on
Oct 28, 2016
Sold by
Indy Fast Cash Llc
Bought by
Indiana Luxury Homes Inc

Purchase Details

Closed on
Mar 26, 2013
Sold by
American Real Estate Investments Llc
Bought by
Milward Usa 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Walls Ben
Bought by
Milward Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2012
Closed on
Jun 13, 2012
Sold by
Solaris Property Group Llc
Bought by
American Real Estate Investments Llc
Seller's Agent
Sandor Moreland
Carpenter, REALTORS®
Buyer's Agent
Todd Burton
Berkshire Hathaway Home
List Price
$31,900
Sold Price
$21,000
Premium/Discount to List
-$10,900
-34.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 30, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Solaris Property Group Llc
Seller's Agent
Sandor Moreland
Carpenter, REALTORS®
Buyer's Agent
Todd Burton
Berkshire Hathaway Home
List Price
$31,900
Sold Price
$21,000
Premium/Discount to List
-$10,900
-34.17%

Purchase Details

Listed on
Mar 28, 2012
Closed on
Apr 19, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Hsbc Bank Usa National Association
Seller's Agent
Sandor Moreland
Carpenter, REALTORS®
Buyer's Agent
Todd Burton
Berkshire Hathaway Home
List Price
$31,900
Sold Price
$21,000
Premium/Discount to List
-$10,900
-34.17%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Reeves Nita
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 28, 2006
Sold by
Hyde Michael J
Bought by
Reeves Nita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
10.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Indianapolis, IN

  • 1724 N Somerset Ave, Indianapolis, IN 46222

    $129,900

    • 4 Beds
    • 2 Baths
    • 1724 N Somerset Ave
    • Indianapolis, IN

    Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

    Timothy O'Connor Berkshire Hathaway Home

    Section Image
  • 1105 N Parker Ave, Indianapolis, IN 46201

    $160,000

    • 4 Beds
    • 2 Baths
    • 1105 N Parker Ave
    • Indianapolis, IN

    Great investment opportunity! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, each offering comfortable living with a functional open floor plan between the living and dining areas-perfect for tenants. Located just minutes from downtown Indianapolis, this property offers excellent access to public transportation with bus lines nearby, making it ideal for commuters.

    Jessica Green CityPlace Realty

    Section Image
  • 121 N Euclid Ave, Indianapolis, IN 46201

    $130,000

    • 4 Beds
    • 2 Baths
    • 121 N Euclid Ave
    • Indianapolis, IN

    Don't miss this opportunity to own a duplex in the up-and-coming Tuxedo Park community. Renovations are underway everywhere around it, and this property would generate excellent cash flow and ARV once it is fully renovated. This duplex is part of a 13-property portfolio, with the remaining properties to follow soon. Buy one or buy all!

    James Abner eXp Realty, LLC

    Section Image
  • 526 N Centennial St, Indianapolis, IN 46222

    $125,000

    • 1 Bed
    • 1 Bath
    • 526 N Centennial St
    • Indianapolis, IN

    Great investment opportunity on the Near Westside! This duplex at 526 N Centennial St offers two 1-bed, 1-bath units with a combined 1,536 square feet. Sold as-is. Bring your contractor and ideas-this one has solid bones and endless potential. Whether you're looking to fix and hold as a rental or convert it into a single-family home, the layout gives you options. It needs work, but the

    Terry Young Red Bridge Real Estate

    Section Image
  • 3112 W 10th St, Indianapolis, IN 46222

    $115,000

    • 1 Bed
    • 1 Bath
    • 3112 W 10th St
    • Indianapolis, IN

    Unlock the potential of this affordable duplex located in the heart of Indianapolis, perfect for investors looking to expand their rental portfolio! This property offers TWO units, presenting a fantastic opportunity to generate steady rental income with some TLC. Currently, one side is rented for $700/month, providing immediate cash flow while you renovate the other unit. This fixer-upper is

    Kevin Hudoba Keller Williams Indpls Metro N

    Section Image
  • 1128 S Sheffield Ave, Indianapolis, IN 46221

    $119,000

    • 1 Bed
    • 1 Bath
    • 1128 S Sheffield Ave
    • Indianapolis, IN

    Great investment opportunity. One side has a long time tenant currently paying $700 a month, but willing to sign an extension at a higher rate.

    James Johnson REALTY WORLD-Harbert Company

    Section Image
  • 1129 N Pershing Ave, Indianapolis, IN 46222

    $165,000

    • 4 Beds
    • 2 Baths
    • 1129 N Pershing Ave
    • Indianapolis, IN

    Both units require some tender loving care (TLC), making this an excellent opportunity for an investor or someone looking to earn extra monthly income. The adjacent lot is also included in the sale

    Braulio Moreno F.C. Tucker Company

    Section Image
  • 1202 N Concord St, Indianapolis, IN 46222

    $150,000

    • 2 Beds
    • 2 Baths
    • 1202 N Concord St
    • Indianapolis, IN

    Hello opportunity!! This westside duplex offers plenty of upside potential. Each unit is identical, with 1 bedroom, 1 bathroom, and full unfinished basement on each side. The property is situated in an ideal located, just minutes to downtown and even closer to IMS! With a little TLC, both units can be ready to move in ready! The adjacent lot to the west is a separate parcel and included in with

    Rochelle Perkins Garnet Group

    Section Image
  • 1445 W Lee St, Indianapolis, IN 46221

    $149,900

    • 4 Beds
    • 2 Baths
    • 1445 W Lee St
    • Indianapolis, IN

    Great Investment Opportunity! 2BR, 1 Bath Duplex. With 2-car detached garage. Both sides are tenant occupied. 1445- rent $775/month, lease expires 2/28/2026. 1447 rent $825/month, lease expires 11/30/2025. Sold as-is.

    Karen Kelly Fathom Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waddell Jessica Rose -- None Available
Britt Kenith $77,500 Title Alliance Of Indy Metro,
-- $52,300 --
47 & 49 Holmes Ave Llc $52,300 Paramount Title Agency
-- $37,000 --
Oceanpointe Investments Ltd -- None Available
Indianapolis Housing Partners Llc -- None Available
-- $12,000 --
Indy Fast Cash Llc -- None Available
Indiana Luxury Homes Inc -- None Available
Milward Usa 1 Llc -- --
Milward Bruce $64,800 --
American Real Estate Investments Llc -- None Available
Solaris Property Group Llc -- None Available
Hsbc Bank Usa National Association -- None Available
Hsbc Bank Usa National Association $15,000 None Available
Reeves Nita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell Jessica Rose $95,243
Previous Owner Britt Kenith $58,125
Previous Owner American Real Estate Investmen $5,000,000
Previous Owner Reeves Nita $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $97,000 -11.8% $76 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $110,000 0.0% $86 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $110,000 +423.8% $86 / Sq Ft
06/06/2012 06/06/12 Sold $21,000 -34.2% $16 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $31,900 -- $25 / 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 $2,146 $148,100 $4,100 $144,000
2023 $2,146 $136,500 $4,100 $132,400
2022 $2,131 $136,500 $4,100 $132,400
2021 $1,517 $96,500 $4,100 $92,400
2020 $1,223 $82,500 $4,100 $78,400
2019 $1,971 $78,700 $4,100 $74,600
2018 $1,716 $67,400 $4,100 $63,300
2017 $1,568 $68,700 $4,100 $64,600
2016 $1,381 $61,300 $4,100 $57,200
2014 $1,189 $55,000 $4,100 $50,900
2013 $391 $56,900 $4,100 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21695098

MIBOR Broker Listing Cooperative®

APN: 49-11-04-155-137.000-901