NOT LISTED FOR SALE

4714 E 16th St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $124,000 - $149,000

2 Beds
-- Bath
630 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $65,000 $103 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $971/month

5 Days on Market

Highlights

  • A-Frame Home
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2019

Income Property! Occupied 1 Bedroom, 1 Bathroom duplex. Large fence backyard.

Last Agent to Sell the Property

Edwin Watson

Triple E Realty, LLC License #RB17000719 Listed on: 10/23/2019

Last Buyer's Agent

Hayley Wild

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1950

Lot Details

  • 6,970

Home Design

  • A-Frame Home
  • Block Foundation
  • Wood Siding

Additional Features

  • 1-Story Property
  • 6,970 Sq Ft Lot

Community Details

  • 1St Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, all utilities, water
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 490733177158000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: A-Frame
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1950
  • Lot Size Acres: 0.16
  • Structure Type: Duplex
  • Subdivision Name: 1ST ADD
  • Inspection Warranties: LeadBasePaint
  • Property Description: Income Property! Occupied 1 Bedroom, 1 Bathroom duplex. Large fence backyard.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 70000

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490733177158000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline,Sidewalks,Street Lights
  • Lot Number: 172
  • Lot Size: 6,970

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1446
  • Semi Annual Property Tax Amt: 723
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Logan Wignell Investment Group Llc
Bought by
Good Timber Llc
Total Days on Market
5
Current Estimated Value
$137,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,270,000
Outstanding Balance
$2,949,392
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$2,812,063

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 22, 2019
Sold by
Lifshitz Llc
Bought by
Logan Wignell Investment Group Llc
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
Member Quentin H
Bought by
Lifshitz Member Eran

Purchase Details

Closed on
Sep 18, 2018
Sold by
Shake Member Glen
Bought by
Member Quentin H

Purchase Details

Closed on
Jan 23, 2014
Sold by
Whitsit Linda
Bought by
Newones Ii Llc
Source: Public Records

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Range of Values:

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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
Good Timber Llc -- None Available
Logan Wignell Investment Group Llc -- Investors Title
Lifshitz Member Eran $49,000 --
Member Quentin H $9,800 --
Quality Properties Of Indy Llc $9,793 Meridian Title Corporation
Newones Ii Llc $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Timber Llc $3,270,000
Previous Owner Logan Wignell Investment Group Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $65,000 -7.1% $103 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $70,000 0.0% $111 / Sq Ft
07/15/2019 07/15/19 Rented $500 0.0% --
07/12/2019 07/12/19 Under Contract -- -- --
06/19/2019 06/19/19 Price Changed $500 -4.8% $0 / Sq Ft
03/26/2019 03/26/19 Price Changed $525 0.0% $0 / Sq Ft
03/26/2019 03/26/19 For Rent $525 -30.0% --
03/26/2019 03/26/19 Off Market $750 -- --
03/25/2019 03/25/19 For Rent $750 -- --
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 $2,449 $98,200 $10,400 $87,800
2023 $2,449 $98,200 $10,400 $87,800
2022 $2,285 $91,800 $10,400 $81,400
2021 $1,869 $76,000 $10,400 $65,600
2020 $1,775 $71,700 $3,500 $68,200
2019 $1,286 $49,700 $3,500 $46,200
2018 $1,557 $60,700 $3,500 $57,200
2017 $1,368 $59,300 $3,500 $55,800
2016 $1,429 $63,600 $3,500 $60,100
2014 $1,293 $59,800 $3,500 $56,300
2013 $783 $59,800 $3,500 $56,300
Source: Public Records

Agents Affiliated with this Home

  • Edwin Watson

    Seller's Agent in 2019

    Edwin Watson

    Triple E Realty, LLC

    (317) 281-9281

    21 in this area

    182 Total Sales

    Edwin Watson
    Section Image
  • Evona Watson

    Seller's Agent in 2019

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    6 in this area

    131 Total Sales

    Evona Watson
    Section Image
  • Hayley Wild

    Buyer's Agent in 2019

    Hayley Wild

    Compass Indiana, LLC

    (317) 405-7915

    55 in this area

    343 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21676364

MIBOR Broker Listing Cooperative®

APN: 49-07-33-177-158.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

4714 E 16th St, Indianapolis, IN

This home is located at 4714 E 16th St, Indianapolis, IN 46201 since 23 October 2019 and is currently estimated at $137,329, approximately $217 per square foot. This property was built in 1950. 4714 E 16th St is a home located in Marion County with nearby schools including Brookside School 54, Arlington Community Middle School, and Arsenal Technical High School.

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.

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