$97,000
SOLD JUL 2, 2020

47 N Holmes Ave Indianapolis, IN 46222

Hawthorne Neighborhood
-- Bed
-- Bath
1,280 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

12% Below List Price

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%
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Avg. Annual Appreciation
5.78%
Original Mortgage
$95,243
Outstanding Balance
$85,391
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$43,609

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
14.81%

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

  • 737 & 739 Roache St, Indianapolis, IN 46208

    $80,000

    • 4 Beds
    • 2 Baths
    • 737 & 739 Roache St
    • Indianapolis, IN

    This duplex needs renovations, but it would not take much to get it rent-ready. Keep it a duplex with 2 bedrooms and 1 bath on each side, or open it up and create an amazing single-family home. This property is part of a 13-property portfolio and can be purchased as part of the package.

    James Abner eXp Realty, LLC

    Section Image
  • 2226 W Mccarty St, Indianapolis, IN 46221

    $75,000

    • 2 Beds
    • 1 Bath
    • 2226 W Mccarty St
    • Indianapolis, IN

    Welcome to 2226 W McCarty St, a vacant duplex located in a growing area of Indianapolis just minutes from downtown. This property is ideal for investors or savvy buyers looking for a value-add opportunity. With both units recently vacated, this duplex is a blank canvas ready for renovation and long-term income potential. Each unit offers its own entrance and layout, making it perfect for a

    Devan Lunceford Totalis Real Estate Solutions

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

    $109,000

    • 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
  • 2109 Winfield Ave, Indianapolis, IN 46222

    $75,000

    • 4 Beds
    • 2 Baths
    • 2109 Winfield Ave
    • Indianapolis, IN

    Seize the opportunity to expand your investment portfolio with this promising duplex located on the up-and-coming west side of Indianapolis, near the beautiful Riverside Park. The area is experiencing a surge of investment, making it an ideal time to capitalize on this potential-laden property. Both units in this duplex are gutted down to the studs, offering a blank canvas for your renovation

    Andy Tresize Compass Indiana, LLC

    Section Image
  • 2127 Winfield Ave, Indianapolis, IN 46222

    $75,000

    • 4 Beds
    • 2 Baths
    • 2127 Winfield Ave
    • Indianapolis, IN

    Seize the opportunity to expand your investment portfolio with this promising duplex located on the up-and-coming west side of Indianapolis, near the beautiful Riverside Park. The area is experiencing a surge of investment, making it an ideal time to capitalize on this potential-laden property. Both units in this duplex are gutted down to the studs, offering a blank canvas for your renovation

    Andy Tresize Compass Indiana, LLC

    Section Image
  • 609 Udell St, Indianapolis, IN 46208

    $110,000

    • 1 Bed
    • 1 Bath
    • 609 Udell St
    • Indianapolis, IN

    Duplex with 1 bed, 1 bath, living room and kitchen on each side in the near West side on a block with many renovated houses! Utilities are metered separately. Seller has never occupied nor lived in the property and has limited knowledge of property systems and conditions. Sold AS IS.

    Terry Gerstner F.C. Tucker Company

    Section Image
  • 1916 E Maryland St, Indianapolis, IN 46201

    $110,000

    • 1 Bed
    • 1 Bath
    • 1916 E Maryland St
    • Indianapolis, IN

    Double was converted to single unit but it looks like the best value would be filling in a wall and some other items to make a 2 income home. If you like then keep as is. Vacant for over a few years so its in rough condition and sold in as is condition. No utilities on. Does have a side drive. Excellent street location as the values keep going up. This property is owned by the same owner as next

    Joe Bowling JBG, Inc.

    Section Image
  • 1844 E Minnesota St, Indianapolis, IN 46203

    $114,900

    • 4 Beds
    • 2 Baths
    • 1844 E Minnesota St
    • Indianapolis, IN

    Investors great potential! Each unit is 2 bedrooms, 1 bath with shared backyard and covered front porch. Property sold as-is, utilities are off.

    Kelly Wood RE/MAX At The Crossing

    Section Image
  • 246 N Tacoma Ave, Indianapolis, IN 46201

    $94,900

    • 3 Beds
    • 2 Baths
    • 246 N Tacoma Ave
    • Indianapolis, IN

    Currently an up and down duplex with a 2-bedroom unit on the main level, and a 1-bedroom studio unit on the upper level. Both units have a kitchen and bathroom. Currently no heating or cooling. Property can be finished out as a duplex or converted easily to a Single Family home. Located just south of St. Clair Place and plenty of high values in the area.

    Brian Pachciarz Estansion Group by BLP

    Section Image
See All Homes in Indianapolis

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 Type Sale Price Title Company
Warranty Deed -- None Available
Limited Warranty Deed $77,500 Title Alliance Of Indy Metro,
Deed $52,300 --
Deed $52,300 Paramount Title Agency
Deed $37,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed $12,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Deed $64,800 --
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Sheriffs Deed $15,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,243 FHA
Previous Owner $58,125 New Conventional
Previous Owner $5,000,000 New Conventional
Previous Owner $68,400 Adjustable Rate Mortgage/ARM
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

  • Josh Moss

    Seller's Agent in 2020

    Josh Moss

    Keller Williams Indy Metro S

    (317) 413-7292

    181 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Andres Rodriguez

    Rodriguez Real Estate Group

    Section Image

  • S

    Seller's Agent in 2012

    Sandor Moreland

    Carpenter, REALTORS®

    Section Image

  • T

    Buyer's Agent in 2012

    Todd Burton

    Berkshire Hathaway Home

    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

Indiana Marion County Indianapolis 46222 Hawthorne

47 N Holmes Ave, Indianapolis, IN

This home is located at 47 N Holmes Ave, Indianapolis, IN 46222 and is currently priced at $97,000, approximately $75 per square foot. This property was built in 1910. 47 N Holmes Ave is a home located in Marion County with nearby schools including George Washington Community High School (9-12), Arsenal Technical High School, and Christel House Academy West.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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.

Nearby Homes