NOT LISTED FOR SALE

Estimated Value: $120,000 - $178,699

2 Beds
-- Bath
816 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $24,900 $31 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $876/month

126 Days on Market

About This Home

As of February 2020

This is a duplex property with 1 bedroom & 1 bathroom in each unit with a detached garage. Would make this a 2/1.5 single-family home. Nice houses around the neighborhood. Property could make a great addition to your investment portfolio, or make a great personal residence that generates income on the other side.

Last Agent to Sell the Property

Randy Placencia

Red Bridge Real Estate License #RB14045562 Listed on: 09/12/2019

Last Buyer's Agent

Randy Placencia

Red Bridge Real Estate License #RB14045562 Listed on: 09/12/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 7,971 Sq Ft Lot

Community Details

  • Shearers E 21St St Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 490728122012000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1935
  • Lot Size Acres: 0.183
  • Subdivision Name: SHEARERS E 21ST ST ADD
  • Inspection Warranties: Other
  • Property Description: This is a duplex property with 1 bedroom & 1 bathroom in each unit with a detached garage. Would make this a 2/1.5 single-family home. Nice houses around the neighborhood. Property could make a great addition to your investment portfolio, or make a great personal residence that generates income on the other side.
  • Transaction Type: Sale
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 24900

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490728122012000101
  • Acres: <1/4 Acre
  • Lot Information: Other
  • Lot Number: 4
  • Lot Size: 7,971

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 724
  • Semi Annual Property Tax Amt: 362
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Simple Cash Offers Llc
Bought by
Ruhl Investment Group Llc
Current Estimated Value
$146,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$1,936,535
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,790,360

Purchase Details

Closed on
Dec 1, 2023
Sold by
Simple Cash Offers Llc
Bought by
Ruhl Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$1,936,535
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,790,360

Purchase Details

Closed on
Jun 1, 2023
Sold by
Hill Jason L
Bought by
Simble Cash Offers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,723
Interest Rate
6.39%
Mortgage Type
Balloon

Purchase Details

Closed on
May 29, 2023
Sold by
Hill Jason L
Bought by
Simble Cash Offers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,723
Interest Rate
6.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 19, 2021
Sold by
Simple Quarters Llc
Bought by
Hill Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,389
Interest Rate
12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Simple Quarters Llc
Bought by
Hill Jason L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,389
Interest Rate
12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2019
Closed on
Feb 3, 2020
Sold by
Simple Quarters Llc
Bought by
Hill Jason L
Seller's Agent
Randy Placencia
Red Bridge Real Estate
Buyer's Agent
Randy Placencia
Red Bridge Real Estate
List Price
$34,900
Sold Price
$24,900
Premium/Discount to List
-$10,000
-28.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.49%

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 10, 2019
Sold by
Home Opportunity Llc
Bought by
Simple Quarters Llc
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Alex Brant
LVL UP Realty
List Price
$36,900
Sold Price
$21,000
Premium/Discount to List
-$15,900
-43.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.09%

Purchase Details

Closed on
May 17, 2019
Sold by
Marion County Sheriff
Bought by
Home Opportunity Llc

Purchase Details

Closed on
Oct 19, 2012
Sold by
Home Solutions Partners Iv Reo Llc
Bought by
Transportation Alliance Bank Inc

Purchase Details

Closed on
May 18, 2010
Sold by
Petra 7 Llc
Bought by
Home Solutions Partners Iv Reo Llc

Purchase Details

Closed on
Apr 3, 2008
Sold by
Destiny Ventures Llc
Bought by
Petra 7 Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Deutsche Bank National Trust Company
Bought by
Destiny Ventures

Purchase Details

Closed on
Jun 26, 2007
Sold by
Robinson Luther C
Bought by
Deutche Bank National Trust Co

Purchase Details

Closed on
Jun 9, 2005
Sold by
Premium Real Estate Group Llc
Bought by
Robinson Luther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2005
Sold by
Jackson Alphonso and Secretary Of Hud Of Washington
Bought by
Premium Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Ruhl Investment Group Llc -- None Listed On Document
Ruhl Investment Group Llc -- None Listed On Document
Simble Cash Offers Llc -- Eagle Land Title
Simble Cash Offers Llc $110,000 Eagle Land Title
Hill Jason L $16,389 None Available
Hill Jason L -- None Listed On Document
Hill Jason L $24,900 None Available
Simple Quarters Llc $21,000 None Available
Home Opportunity Llc -- None Available
Transportation Alliance Bank Inc $14,000 --
Home Solutions Partners Iv Reo Llc $10,010 None Available
Petra 7 Llc $4,000 None Available
Destiny Ventures -- None Available
Deutche Bank National Trust Co $45,000 None Available
Robinson Luther -- Brentwood Titloe Services Ll
Premium Real Estate Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruhl Investment Group Llc $2,800,000
Closed Ruhl Investment Group Llc $2,800,000
Previous Owner Simble Cash Offers Llc $114,723
Previous Owner Simble Cash Offers Llc $114,723
Previous Owner Hill Jason L $16,389
Previous Owner Hill Jason L $16,389
Previous Owner Robinson Luther $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2020 02/03/20 Sold $24,900 0.0% $31 / Sq Ft
12/16/2019 12/16/19 Off Market $24,900 -- --
12/11/2019 12/11/19 Price Changed $24,900 -3.9% $31 / Sq Ft
11/27/2019 11/27/19 Price Changed $25,900 -7.2% $32 / Sq Ft
11/22/2019 11/22/19 Price Changed $27,900 -6.7% $34 / Sq Ft
10/22/2019 10/22/19 Price Changed $29,900 -6.3% $37 / Sq Ft
10/08/2019 10/08/19 Price Changed $31,900 -8.6% $39 / Sq Ft
09/12/2019 09/12/19 For Sale $34,900 +66.2% $43 / Sq Ft
09/10/2019 09/10/19 Sold $21,000 -43.1% $17 / Sq Ft View Prior Sale
08/22/2019 08/22/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $36,900 -- $30 / 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 $1,233 $176,000 $5,600 $170,400
2023 $1,233 $48,300 $5,600 $42,700
2022 $1,262 $49,800 $5,600 $44,200
2021 $4,134 $44,500 $5,600 $38,900
2020 $810 $31,400 $2,100 $29,300
2019 $751 $28,400 $2,100 $26,300
2018 $803 $30,400 $2,100 $28,300
2017 $663 $27,600 $2,100 $25,500
2016 $609 $25,700 $2,100 $23,600
2014 $558 $25,800 $2,100 $23,700
2013 $557 $26,800 $2,100 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21667643

MIBOR Broker Listing Cooperative®

APN: 49-07-28-122-012.000-101