NOT LISTED FOR SALE

Estimated Value: $431,000 - $466,000

2 Beds
1 Bath
1,054 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $242,000 $230 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,830/month

2 Days on Market

About This Home

As of June 2018

An incredibly well-maintained and updated duplex in the heart of Butler-Tarkington. This property has been owner occupied on one side for the past 10 years. Perfect opportunity for an investor or a first time home buyer! Each side is 2 bed/1 bath with hardwood floors, fresh paint, clean basements, updated kitchen and bathroom, and private outdoor space. Stove, refrigerator, washer, and dryer are included with both units. 4722 has a 2 car attached garage and 4722 has a concrete drive for off-street parking. Many great updates including: HVAC, water heaters, windows, exterior doors. See attached update list for dates and specifics. Located within walking distance to Butler University and the restaurants at 49th & Penn. This is a must see!

Last Agent to Sell the Property

Kelly Lavengood

Good Living Indy, LLC License #RB14046256 Listed on: 05/04/2018

Last Buyer's Agent

Dick Richwine

Berkshire Hathaway Home License #RB14006231

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 1950

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 1-Story Property
  • 0.25 Acre Lot
  • Basement

Community Details

  • A V Browns W Meridian Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for sewer water
  • Assessor Parcel Number 490611105083000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,914

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow,Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1950
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Subdivision Name: A V BROWNS W MERIDIAN
  • Inspection Warranties: Not Applicable
  • Property Description: An incredibly well-maintained and updated duplex in the heart of Butler-Tarkington. This property has been owner occupied on one side for the past 10 years. Perfect opportunity for an investor or a first time home buyer! Each side is 2 bed/1 bath with hardwood floors, fresh paint, clean basements, updated kitchen and bathroom, and private outdoor space. Stove, refrigerator, washer, and dryer are included with both units. 4722 has a 2 car attached garage and 4722 has a concrete drive for off-street parking. Many great updates including: HVAC, water heaters, windows, exterior doors. See attached update list for dates and specifics. Located within walking distance to Butler University and the restaurants at 49th & Penn. This is a must see!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial,Fence Privacy,Storage
  • Foundation Details: Block
  • List Price: 225000
  • Interstate: Ramp1-3mi

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 2 Car Garage,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 490611105083000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer
  • Lot Number: 34
  • Lot Size: 80x137

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2914
  • Semi Annual Property Tax Amt: 1457
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 8, 2018
Sold by
Cadwallader Kristen
Bought by
Lloyd Jason M
Seller's Agent
Kelly Lavengood
Good Living Indy, LLC
Buyer's Agent
Dick Richwine
Berkshire Hathaway Home
List Price
$225,000
Sold Price
$242,000
Premium/Discount to List
$17,000
7.56%
Current Estimated Value
$448,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,500
Avg. Annual Appreciation
4.94%
Original Mortgage
$193,600
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2016
Sold by
Cadwallader Steven
Bought by
Cadwallader Kristen

Purchase Details

Closed on
Jul 25, 2008
Sold by
Fletchall Craig P
Bought by
Cadwallader Steven and Cadwallader Kristen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lloyd Jason M -- None Available
Cadwallader Kristen -- Trademark Title
Cadwallader Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Jason M $50,000
Open Lloyd Jason M $210,000
Closed Lloyd Jason M $193,600
Previous Owner Cadwallader Kristen $138,243
Previous Owner Cadwallader Kristen $143,467
Previous Owner Cadwallader Steven $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $242,000 +7.6% $230 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $225,000 -- $213 / 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 $4,628 $286,100 $69,800 $216,300
2023 $4,628 $277,500 $69,800 $207,700
2022 $4,654 $312,000 $69,800 $242,200
2021 $4,442 $266,400 $48,600 $217,800
2020 $3,952 $237,800 $48,600 $189,200
2019 $4,101 $244,800 $48,600 $196,200
2018 $3,287 $195,400 $48,600 $146,800
2017 $2,915 $241,500 $48,600 $192,900
2016 $3,677 $235,400 $48,600 $186,800
2014 $3,552 $224,400 $48,600 $175,800
2013 $3,807 $124,200 $48,600 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21563357

MIBOR Broker Listing Cooperative®

APN: 49-06-11-105-083.000-801