NOT LISTED FOR SALE

4810 E 10th St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $160,000 - $194,000

1 Bed
-- Bath
797 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $104,000 $130 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,204/month

16 Days on Market

About This Home

As of September 2019

This quaint and stately duplex in a renter-saturated area hosts identical, one bedroom, full bath rentals on either side. 4810 and 4812 E 10th Street is what is for sale. Property has been well maintained by current investors and management company with updates, as needed, throughout. Tenant in place in 4812 E 10th while 4810 will be vacant shortly. This property can be purchased as a package with 4448 Kingsley Dr, Indianapolis which is also for sale separately if not desired. That property has a tenant in place as well. Showing 4812 E 10th only at this time.

Photos are of the 4812 location which will retain its current tenant.
Proforma sheet available for both properties.

Last Agent to Sell the Property

Josh Latham

RE/MAX Advanced Realty License #RB15001222 Listed on: 05/23/2019

RE/MAX Advanced Realty

Last Buyer's Agent

Corey Shonborn

Ladig Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Basement

Community Details

  • Emerleigh Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, all utilities
  • The owner pays for sewer, water
  • Assessor Parcel Number 490733179153000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,584

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1929
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: EMERLEIGH
  • Inspection Warranties: Not Applicable
  • Property Description: This quaint and stately duplex in a renter-saturated area hosts identical, one bedroom, full bath rentals on either side. 4810 and 4812 E 10th Street is what is for sale. Property has been well maintained by current investors and management company with updates, as needed, throughout. Tenant in place in 4812 E 10th while 4810 will be vacant shortly. This property can be purchased as a package with 4448 Kingsley Dr, Indianapolis which is also for sale separately if not desired. That property has a tenant in place as well. Showing 4812 E 10th only at this time. Photos are of the 4812 location which will retain its current tenant. Proforma sheet available for both properties.
  • 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: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage
  • Parking Spacesper Unit: 1.0000

Utilities

  • Solid Waste: 1

Fee Information

  • Insurance Expenses: 600

Lot Info

  • Parcel Number: 490733179153000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Busline,Sidewalks
  • Lot Number: 3
  • Lot Size: 0.13 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, All Utilities

Tax Info

  • Tax Annual Amount: 1584
  • Semi Annual Property Tax Amt: 792
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 5, 2019
Sold by
Driscoll Ethan and Driscoll Ashley
Bought by
Burch Daniel Anthony
Seller's Agent
Josh Latham
RE/MAX Advanced Realty
Buyer's Agent
Corey Shonborn
Ladig Realty, LLC
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Current Estimated Value
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,000
Avg. Annual Appreciation
8.58%
Original Mortgage
$102,116
Outstanding Balance
$91,631
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$85,369

Purchase Details

Closed on
Dec 4, 2014
Sold by
Ader Jeffrey
Bought by
Driscoll Ethan and Driscoll Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,175
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2014
Sold by
Bridges Richard D and Bridges Karen M
Bought by
Ader Jeffrey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burch Daniel Anthony $104,000 Chicago Title
Driscoll Ethan -- None Available
Ader Jeffrey $25,500 Meridian Title Corporation
Ader Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Daniel Anthony $102,116
Previous Owner Driscoll Ethan $59,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $104,000 -5.4% $130 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $109,900 -- $138 / 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
2024 $2,854 $128,300 $24,200 $104,100
2023 $2,854 $114,500 $24,200 $90,300
2022 $2,750 $110,700 $24,200 $86,500
2021 $2,660 $109,500 $24,200 $85,300
2020 $1,490 $97,200 $13,600 $83,600
2019 $1,382 $88,700 $13,600 $75,100
2018 $1,961 $77,000 $13,600 $63,400
2017 $1,583 $68,700 $13,600 $55,100
2016 $1,465 $64,100 $13,600 $50,500
2014 $1,418 $64,800 $13,600 $51,200
2013 $1,400 $66,400 $13,600 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Josh Latham

    Seller's Agent in 2019

    Josh Latham

    RE/MAX Advanced Realty

    (317) 989-7465

    3 in this area

    118 Total Sales

    Josh Latham
    Section Image

  • C

    Buyer's Agent in 2019

    Corey Shonborn

    Ladig Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21642595

MIBOR Broker Listing Cooperative®

APN: 49-07-33-179-153.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

4810 E 10th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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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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