NOT LISTED FOR SALE

Estimated Value: $258,000

1 Bed
1 Bath
720 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $225,000 $312 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,848/month

16 Days on Market

About This Home

As of March 2022

Incredible four-plex opportunity. This investment property features covered porches, a spacious backyard for entertaining, plenty of parking, and a great location right on the bus line. This property will be a sought-after gem for your tenants as a quick commute to downtown while having close proximity to Little Flower and Irvington neighborhoods and amenities. With the previous updates of plumbing and electrical in the basement, this property is just awaiting your final touches. Come see it today!

Last Agent to Sell the Property

Sterling Davis

Ethosity Property Management G Listed on: 01/19/2022

Last Buyer's Agent

Cynthia Bulat

JUST LIV, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1925

Lot Details

  • 6,011

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 6,011 Sq Ft Lot

Community Details

  • Layman & Carey Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491004144163000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,022

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1925
  • Lot Size Acres: 0.138
  • Structure Type: Apartment Building
  • Subdivision Name: LAYMAN & CAREY
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 4632
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 275000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 7974

Lot Info

  • Parcel Number: 491004144163000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 63&64
  • Lot Size: 5998

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 23826
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2022
  • Semi Annual Property Tax Amt: 1011
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Tfp Holds Llc
Bought by
Tfp Indiana Llc
Current Estimated Value
$258,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$173,935
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,065

Purchase Details

Closed on
Nov 21, 2022
Sold by
Tfp Holds Llc
Bought by
Tfp Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$173,935
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,065

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 7, 2022
Sold by
Cory Real Estate Holdings Llc
Bought by
Tfp Holds Llc
Seller's Agent
Sterling Davis
Ethosity Property Management G
Buyer's Agent
Cynthia Bulat
JUST LIV, LLC
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 2, 2022
Sold by
Cory Real Estate Holdings Llc
Bought by
Tfp Holds Llc
Seller's Agent
Sterling Davis
Ethosity Property Management G
Buyer's Agent
Cynthia Bulat
JUST LIV, LLC
Sold Price
$225,000

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 28, 2022
Sold by
Cory Real Estate Holdings Llc
Bought by
Tfp Holds Llc
Seller's Agent
Sterling Davis
Ethosity Property Management G
Buyer's Agent
Cynthia Bulat
JUST LIV, LLC
Sold Price
$225,000

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 23, 2021
Sold by
Cory Real Estate Partners Llc
Bought by
Cory Real Estate Holdings Llc
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Monique Watson
Rockstone Realty Group
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.85%
Original Mortgage
$135,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 19, 2021
Sold by
Cory Real Estate Partners Llc
Bought by
Cory Real Estate Holdings Llc
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Monique Watson
Rockstone Realty Group
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 8, 2021
Sold by
Stewardship Indiana Llc
Bought by
Corey Real Estate Partners Llc
Seller's Agent
Jordan Moody
Keller Williams Indpls Metro N
Buyer's Agent
Monique Watson
Rockstone Realty Group
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 5, 2018
Sold by
Hlfg Investments Llc
Bought by
Cruz Salomon Hernandez and Campos Rita Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Seals Investments Llc
Bought by
Stewardship Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2013
Closed on
Apr 3, 2014
Sold by
Seals Melvin Dwain and Seals Shanea Lee
Bought by
Seals Investments Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$124,900
Sold Price
$97,975
Premium/Discount to List
-$26,925
-21.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$63,750
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 11, 2013
Closed on
Feb 19, 2014
Sold by
Parodi Edward J
Bought by
Seals Melvin Dwain and Seals Shanea Lee
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$124,900
Sold Price
$97,975
Premium/Discount to List
-$26,925
-21.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2010
Sold by
Ild Limited Liability Company
Bought by
Parodi Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2010
Sold by
Ild Llc
Bought by
Ild Limited Liability Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 20, 2009
Sold by
Wachovia Bank National Association
Bought by
Ild Llc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Besinger James J
Bought by
Wachovia Bank National Association

Purchase Details

Closed on
Oct 13, 2005
Sold by
Besinger Alicia G
Bought by
Besinger James J

Purchase Details

Closed on
May 31, 2005
Sold by
Besinger James J
Bought by
Besinger James J and Besinger Alicia G
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
Tfp Indiana Llc -- Investors Title
Tfp Indiana Llc -- Investors Title
Tfp Holds Llc -- Investors Title
Tfp Holds Llc $221,500 Investors Title
Tfp Holds Llc -- Investors Title
Cory Real Estate Holdings Llc -- Investors Title
Cory Real Estate Holdings Llc -- None Listed On Document
Corey Real Estate Partners Llc $120,000 None Available
Cruz Salomon Hernandez -- None Available
Stewardship Indiana Llc -- None Available
-- $160,000 --
Seals Investments Llc -- Anadeeds
Seals Investments Llc -- None Available
Seals Melvin Dwain $97,975 Merdian Title Corporation
Seals Melvin Dwain -- Mtc
Parodi Edward J -- None Available
Ild Limited Liability Company -- None Available
Ild Llc -- Statewide Title Company Inc
Wachovia Bank National Association $119,795 None Available
Besinger James J -- None Available
Besinger James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tfp Indiana Llc $187,500
Closed Tfp Indiana Llc $187,500
Previous Owner Cory Real Estate Holdings Llc $135,000
Previous Owner Stewardship Indiana Llc $185,000
Previous Owner Seals Melvin Dwain $63,750
Previous Owner Parodi Edward J $40,000
Previous Owner Ild Limited Liability Company $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2022 03/23/22 Sold $225,000 -18.2% $313 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/29/2022 01/29/22 For Sale -- -- --
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $275,000 +129.2% $382 / Sq Ft
01/08/2021 01/08/21 Sold $120,000 -7.6% $167 / Sq Ft View Prior Sale
12/12/2020 12/12/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $129,900 +32.6% $180 / Sq Ft
02/21/2014 02/21/14 Sold $97,975 -21.6% $91 / Sq Ft View Prior Sale
02/19/2014 02/19/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $124,900 -- $116 / 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 $5,762 $388,900 $8,300 $380,600
2023 $5,762 $234,400 $4,200 $230,200
2022 $2,452 $183,700 $4,200 $179,500
2021 $2,549 $84,900 $3,800 $81,100
2020 $2,263 $89,300 $3,800 $85,500
2019 $2,214 $85,600 $3,800 $81,800
2018 $2,230 $85,600 $3,800 $81,800
2017 $1,938 $82,400 $3,800 $78,600
2016 $1,804 $77,900 $3,800 $74,100
2014 $1,676 $77,500 $3,800 $73,700
2013 $1,727 $77,500 $3,800 $73,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21834391

MIBOR Broker Listing Cooperative®

APN: 49-10-04-144-163.000-101