NOT LISTED FOR SALE

Estimated Value: $202,000 - $246,000

3 Beds
1 Bath
1,079 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2020

Last sale price $140,000 $130 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,434 / mo

2 Days on Market

About This Home

As of June 2020

Renovated Turn Key Duplex in established Emerson Heights with rents well above the 1% mark! Live in one side and rent out the other or add this to your portfolio! Exterior renovation includes all new windows, siding, gutters, downspouts, meter bases, and paint. Interior renovation includes fresh paint throughout as well as all new flooring, lighting, bathrooms, kitchens, and electrical/HVAC upgrades. All utilities are split between both units. Emerson Heights location offers the stability of an established neighborhood with quick growth in adjacent Near East side communities. Perfect Indy duplex to start or add to your investment portfolio.

Last Agent to Sell the Property

Justin Capps

Ferris Property Group License #RB15000801 Listed on: 04/13/2020

Last Buyer's Agent

Dick Richwine

Berkshire Hathaway Home

Berkshire Hathaway Home

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1920

Lot Details

  • 3,485

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 3,485 Sq Ft Lot

Community Details

  • Emerson Heights West Section Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 49-10-04-140-062.000-101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1920

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1920
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: EMERSON HEIGHTS WEST SECTION
  • Inspection Warranties: Not Applicable
  • Property Description: Renovated Turn Key Duplex in established Emerson Heights with rents well above the 1% mark! Live in one side and rent out the other or add this to your portfolio! Exterior renovation includes all new windows, siding, gutters, downspouts, meter bases, and paint. Interior renovation includes fresh paint throughout as well as all new flooring, lighting, bathrooms, kitchens, and electrical/HVAC upgrades. All utilities are split between both units. Emerson Heights location offers the stability of an established neighborhood with quick growth in adjacent Near East side communities. Perfect Indy duplex to start or add to your investment portfolio.
  • Transaction Type: Sale
  • Website: www.cappsrealty.com
  • Unit Count: 1
  • Conversion: 0
  • Website: www.indyhome360.com
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Retail
  • Parcel Number: 49-10-04-140-062.000-101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Corner,Curbs,Sidewalks
  • Lot Number: 53
  • Lot Size: 3,485

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1530
  • Semi Annual Property Tax Amt: 765
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jun 9, 2020
Sold by
Jgb Llc
Bought by
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Dick Richwine
Berkshire Hathaway Home
List Price
$129,900
Sold Price
$140,000
Premium/Discount to List
$10,100
7.78%
Current Estimated Value
$224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,000
Avg. Annual Appreciation
7.82%
Original Mortgage
$126,000
Outstanding Balance
$109,442
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$114,558

Purchase Details

Closed on
Feb 12, 2020
Sold by
Grise Home & Property Group Llc
Bought by
Jgb Llc

Purchase Details

Closed on
Aug 19, 2019
Sold by
Xtac Llc
Bought by
Indy Fast Cash Llc

Purchase Details

Closed on
Aug 15, 2019
Sold by
Indy Fast Cash Llc
Bought by
Grise Home & Property Group Llc

Purchase Details

Closed on
Jun 5, 2013
Sold by
Scott Chad
Bought by
Soyfoo Adeel

Purchase Details

Closed on
Jul 20, 2010
Sold by
Scott Chad E
Bought by
East Michigan Street Llc

Purchase Details

Closed on
Apr 8, 2010
Sold by
The Bank Of New York Mellon
Bought by
Scott Chad E

Purchase Details

Closed on
Jan 8, 2010
Sold by
Andrews James and Andrews Maria
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 11, 2006
Sold by
Andrews James and Andrews Maria
Bought by
American Investment Partners Inc

Purchase Details

Closed on
Dec 19, 2005
Sold by
Spectrum Llc
Bought by
Andrews James and Andrews Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Divine Wayne E and Indiana National Bank
Bought by
Spectrum Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Near Eastside, IN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Investors Title Service, Inc
Jgb Llc $34,000 Closer
Indy Fast Cash Llc $15,000 Monument Title Insurance Compa
Grise Home & Property Group Llc $26,000 Monument Title Insurance Compa
Soyfoo Adeel $24,500 --
East Michigan Street Llc -- Investors Titlecorp
Scott Chad E -- Investors Titlecorp
The Bank Of New York Mellon $19,800 None Available
American Investment Partners Inc -- None Available
Andrews James -- None Available
Spectrum Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $36,000
Open Bowser Samuel E $126,000
Previous Owner Andrews James $77,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $140,000 +7.8% $130 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $129,900 -- $120 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,447 $166,700 $12,700 $154,000
2024 $2,099 $162,100 $12,700 $149,400
2023 $2,099 $139,300 $12,700 $126,600
2022 $2,233 $145,900 $12,700 $133,200
2021 $1,765 $120,900 $12,700 $108,200
2020 $672 $44,400 $2,600 $41,800
2019 $1,390 $72,400 $2,600 $69,800
2018 $1,625 $64,200 $2,600 $61,600
2017 $1,334 $58,400 $2,600 $55,800
2016 $783 $33,200 $2,600 $30,600
2014 $800 $37,000 $2,600 $34,400
2013 $992 $47,700 $2,600 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21704731

MIBOR Broker Listing Cooperative®

APN: 49-10-04-140-062.000-101

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