NOT LISTED FOR SALE

Estimated Value: $340,000 - $580,563

6 Beds
2 Baths
1,524 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $405,000 $266 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,386/month

About This Home

As of April 2021

Rare opportunity to own a well maintained double in Meridian Kessler! Both sides offer 3 bedrooms, 1.5 baths, kitchens have stainless steel appliances, and large open floor plans. There is also a charming breakfast nook area as well in the kitchen. Hardwood floors throughout (tile in kitchen/bathrooms) with beautiful built in cabinets. Washer and dryer included in the basement of each unit, and each side has a fully fenced in back yard perfect for grilling & hanging out. Amazing opportunity to own an investment property, live in one side, or keep both side rented out for great income. Both sides are currently rented. Easy walking distance to Patachou, Fresh Market & other local restaurants, shops & the Monon Trail!

Last Agent to Sell the Property

Christie Snapp

@properties License #RB14045419 Listed on: 04/08/2021

@properties

Co-Listed By

Kelly Brake

eXp Realty, LLC

Last Buyer's Agent

Leslie McNeeley

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Arts and Crafts Architecture

Community Details

  • Silas H Johnson Subdivision

Listing and Financial Details

  • Tenant pays for lawncare all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 49-06-12-236-021.000-801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1925

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1925
  • Co List Office Phone: 317-489-3441
  • Lot Size Acres: 0.11
  • Subdivision Name: SILAS H JOHNSON
  • Inspection Warranties: Not Applicable
  • Property Description: Rare opportunity to own a well maintained double in Meridian Kessler! Both sides offer 3 bedrooms, 1.5 baths, kitchens have stainless steel appliances, and large open floor plans. There is also a charming breakfast nook area as well in the kitchen. Hardwood floors throughout (tile in kitchen/bathrooms) with beautiful built in cabinets. Washer and dryer included in the basement of each unit, and each side has a fully fenced in back yard perfect for grilling & hanging out. Amazing opportunity to own an investment property, live in one side, or keep both side rented out for great income. Both sides are currently rented. Easy walking distance to Patachou, Fresh Market & other local restaurants, shops & the Monon Trail!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 49-06-12-236-021.000-801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 23
  • Lot Size: 0.00

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Lawncare,All Utilities

Tax Info

  • Tax Annual Amount: 2282
  • Semi Annual Property Tax Amt: 1141
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2022
Sold by
Vine Property Group Llc
Bought by
Nikcevich Jack and Nikcevich Linda
Current Estimated Value
$509,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 19, 2021
Sold by
Mesalam Brett P
Bought by
Vine Property Group Llc
Seller's Agent
Christie Snapp
@properties
Buyer's Agent
Leslie McNeeley
@properties
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jan 24, 2020
Sold by
Wasmuth Sara L
Bought by
Mesalam Brett P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,059
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 7, 2014
Closed on
Aug 14, 2014
Sold by
Clark Matthew J and Clark Jennifer M
Bought by
Wasmuth Sara L
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Joseph Lucas
eXp Realty, LLC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$147,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Goulet Robert Joseph
Bought by
Clark Matthew J and Clark Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
T & H Management Inc
Bought by
Goulet Robert Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,900
Interest Rate
7.04%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 2005
Sold by
Dejournett Latasha
Bought by
T & H Management Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nikcevich Jack $525,000 Hall Render Killian Heath & Ly
Vine Property Group Llc $405,000 None Available
Mesalam Brett P $328,000 First American Title Insurance
Wasmuth Sara L $155,000 First American Title Insuran
Wasmuth Sara L -- None Available
Clark Matthew J -- First American Title Ins Co
Goulet Robert Joseph -- None Available
T & H Management Inc $119,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nikcevich Jack $446,250
Previous Owner Mesalam Brett P $322,059
Previous Owner Wasmuth Sara L $147,250
Previous Owner Clark Matthew J $137,500
Previous Owner Goulet Robert Joseph $145,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2021 04/19/21 Sold $405,000 +1.5% $266 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $399,000 +157.4% $262 / Sq Ft
08/14/2014 08/14/14 Sold $155,000 -2.2% $68 / Sq Ft View Prior Sale
07/19/2014 07/19/14 Pending -- -- --
07/11/2014 07/11/14 Price Changed $158,500 -3.9% $70 / Sq Ft
05/07/2014 05/07/14 For Sale $165,000 -- $73 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $8,829 $526,000 $48,000 $478,000
2024 $8,940 $520,400 $48,000 $472,400
2023 $8,940 $520,400 $48,000 $472,400
2022 $7,377 $444,200 $48,000 $396,200
2021 $6,277 $372,000 $29,400 $342,600
2020 $3,932 $323,800 $29,400 $294,400
2019 $2,378 $193,400 $19,300 $174,100
2018 $1,887 $152,500 $19,300 $133,200
2017 $1,674 $149,600 $19,300 $130,300
2016 $1,609 $146,500 $19,300 $127,200
2014 $1,518 $142,400 $19,300 $123,100
2013 $1,431 $142,400 $19,300 $123,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21776327

MIBOR Broker Listing Cooperative®

APN: 49-06-12-236-021.000-801

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