4843 Caroline Ave Indianapolis, IN 46205
Fairgrounds Neighborhood
--
Bed
--
Bath
552
Sq Ft
5,184
Sq Ft Lot
Highlights
- Traditional Architecture
- 1-Story Property
- Forced Air Heating System
- 2 Car Detached Garage
About This Home
As of July 2024Broad Ripple Duplex - Investors and Owner-Occupants Welcome! | This well-maintained duplex offers a fantastic opportunity for investors or those looking to live in one unit and rent out the other. Each side features a 1-bedroom, 1-bathroom layout, providing cozy and efficient living spaces. One unit is currently tenant-occupied through 9/1/24, generating steady rental income at approximately 1,000/mo, while the other unit is vacant and ready for immediate occupancy. Each unit has a private backyard and a 1-car garage. This setup is perfect for anyone looking to offset their mortgage with rental income. Don't miss this excellent investment opportunity in a prime location!
Last Agent to Sell the Property
Maywright Property Co. Brokerage Email: natalie@maywright.com License #RB16001824 Listed on: 05/17/2024
Co-Listed By
Maywright Property Co. Brokerage Email: natalie@maywright.com License #RB19001617
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,748
Year Built
- Built in 1941
Parking
- 2 Car Detached Garage
Home Design
- Duplex
- Traditional Architecture
- Aluminum Siding
Interior Spaces
- 1-Story Property
- Fire and Smoke Detector
- Unfinished Basement
Additional Features
- 5,184 Sq Ft Lot
- Forced Air Heating System
Community Details
- Bellaire Subdivision
Listing and Financial Details
- Tenant pays for electricity, insurance, sewer, water
- The owner pays for lawncare, taxes, trash collection
- Tax Lot 191
- Assessor Parcel Number 490707139616000801
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Aug 30, 2024
Sold by
Graham Timothy J
Bought by
T Graham 2017 Revocable Trust and Graham
Seller's Agent
Natalie Clayton
Maywright Property Co.
Buyer's Agent
Paula Smith
Smith Family Realty
List Price
$200,000
Sold Price
$200,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.56%
Original Mortgage
$120,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 17, 2024
Closed on
Jul 4, 2024
Sold by
Sweet Caroline Llc
Bought by
Graham Timothy J
Seller's Agent
Natalie Clayton
Maywright Property Co.
Buyer's Agent
Paula Smith
Smith Family Realty
List Price
$200,000
Sold Price
$200,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2020
Sold by
Vinson Rachel and Albright Christopher
Bought by
Sweet Caroline Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,875
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2020
Sold by
Case Capital Llc
Bought by
Vinson Rachel and Albright Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,875
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2019
Sold by
Callahan Investment Group Llc
Bought by
Case Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,040
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2017
Sold by
Llc
Bought by
Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.83%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 8, 2017
Sold by
Llc
Bought by
Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.83%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 24, 2009
Sold by
Chastain Walter J
Bought by
Hoosier Home Rentals Llc
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $200,000 | First American Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $102,500 | First American Title Insurance | |
| Limited Warranty Deed | $80,000 | Investors Title Service Inc. | |
| Warranty Deed | $80,000 | Investors Title Service Inc. | |
| Deed | $65,000 | -- | |
| Deed | -- | Title Solutions Plus | |
| Deed | $53,000 | -- | |
| Deed | $53,027 | Title Solutions Plus | |
| Sheriffs Deed | $27,201 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $76,875 | New Conventional | |
| Previous Owner | $110,040 | Commercial | |
| Previous Owner | $91,000 | Balloon | |
| Previous Owner | $80,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $20,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $235,000 | +17.5% | -- |
| 07/01/2024 07/01/24 | Sold | $200,000 | 0.0% | $362 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | For Sale | $200,000 | 0.0% | $362 / Sq Ft |
| 11/03/2021 11/03/21 | Rented | -- | -- | -- |
| 08/24/2021 08/24/21 | For Rent | $825 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,748 | $113,600 | $27,000 | $86,600 |
| 2023 | $2,748 | $110,800 | $27,000 | $83,800 |
| 2022 | $2,826 | $106,900 | $27,000 | $79,900 |
| 2021 | $2,446 | $101,000 | $11,600 | $89,400 |
| 2020 | $2,138 | $87,400 | $11,600 | $75,800 |
| 2019 | $2,030 | $81,200 | $11,600 | $69,600 |
| 2018 | $1,928 | $76,300 | $11,600 | $64,700 |
| 2017 | $1,769 | $78,200 | $11,600 | $66,600 |
| 2016 | $1,574 | $70,600 | $11,600 | $59,000 |
| 2014 | $1,395 | $64,500 | $11,600 | $52,900 |
| 2013 | $2,456 | $205,100 | $11,600 | $193,500 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Ewbank
Seller's Agent in 2025
Elizabeth Ewbank
Highgarden Real Estate
(317) 258-7019
77 Total Sales
-
Natalie Clayton
Seller's Agent in 2024
Natalie Clayton
Maywright Property Co.
(317) 522-8727
2 in this area
269 Total Sales
-
Danielle Addison
Seller Co-Listing Agent in 2024
Danielle Addison
Maywright Property Co.
(317) 508-0044
1 in this area
29 Total Sales
-
Paula Smith
Buyer's Agent in 2024
Paula Smith
Smith Family Realty
(317) 690-2524
7 in this area
185 Total Sales
-
Melissa Smith
Buyer Co-Listing Agent in 2024
Melissa Smith
Smith Family Realty
(317) 691-1875
5 in this area
113 Total Sales
-
Mark Jones
Seller's Agent in 2021
Mark Jones
PMI Midwest
(463) 207-9326
1 in this area
137 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21980108
APN: 49-07-07-139-616.000-801
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