NOT LISTED FOR SALE

4943 W 11th St Indianapolis, IN 46224

Estimated Value: $202,000 - $232,000

1 Bed
1 Bath
1,288 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $221,000 $172 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,496/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Speedway Junior High School Rated A
  • 1-Story Property

About This Home

As of June 2022

DOUBLE in Speedway.. Each side contains 1 Bedroom and 1 Bath with a functional dry basement. Hardwood floors thruout, new water heaters on both sides. Furnace and A/c on 4943 side is new furnace and A/c on 4945 side has been professionally serviced. Rear deck complements the 2 car garage on alley.Property is located 1 block from all the attractions on Main Street.BOTH UNITS ARE VACANT EXPECTED RENTS SHOULD BE $1800 per month. $900 per side.

Last Agent to Sell the Property

Dean Ehrgott

Tower 1 Realty Brokerage Email: tower1realty@aol.com License #RB14033690 Listed on: 05/18/2022

Last Buyer's Agent

Joy Eder

Crossroads Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1926

Lot Details

  • 5,000

Parking

  • Alley Access

Home Design

  • Duplex
  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • 5,000 Sq Ft Lot
  • Separate Meters

Community Details

  • Speedway City Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, lawncare
  • The owner pays for insurance, sewer, water
  • Tax Lot 62
  • Assessor Parcel Number 490631101081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1926
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: Speedway City
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 110500
  • MBR_AttributionContact: tower1realty@aol.com
  • Attribution Contact: tower1realty@aol.com
  • Special Features: None

Interior Features

  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Owner Pays: Insurance, Sewer, Water

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 224900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Cooling: Separate Meters
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 2700

Lot Info

  • Lot Features: Access, Curbs
  • Additional Parcels: No
  • Lot Size Sq Ft: 5000
  • Parcel Number: 490631101081
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Lawncare

Multi Family

  • Net Operating Income: 18900
  • Gross Income: 21600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2600
  • Tax Lot: 62
  • Semi Annual Property Tax Amt: 1300
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 28, 2022
Sold by
Dean Ehrgott
Bought by
Timmons Anne and Timmons Matthew
Seller's Agent
Dean Ehrgott
Tower 1 Realty
Buyer's Agent
Joy Eder
Crossroads Real Estate Group LLC
List Price
$224,900
Sold Price
$221,000
Premium/Discount to List
-$3,900
-1.73%
Current Estimated Value
$215,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,833
Avg. Annual Appreciation
-0.85%
Original Mortgage
$123,400
Outstanding Balance
$118,255
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$96,912

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 7, 2022
Sold by
Ray Byron G
Bought by
Ehrgott Dean and Nickol Jim
Seller's Agent
MaryLou Gordon
RE/MAX At The Crossing
Buyer's Agent
Dean Ehrgott
Tower 1 Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.88%

Purchase Details

Listed on
Dec 14, 2021
Closed on
Dec 27, 2021
Sold by
Ray Byron G
Bought by
Ehrgott Dean and Nickol Jim
Seller's Agent
MaryLou Gordon
RE/MAX At The Crossing
Buyer's Agent
Dean Ehrgott
Tower 1 Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
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
Timmons Anne $221,000 None Listed On Document
Ehrgott Dean -- Comer Law Office Llc
Ehrgott Dean $140,000 Comer Law Office Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons Anne $123,400
Closed Timmons Anne $42,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $221,000 -1.7% $172 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $224,900 +60.6% $175 / Sq Ft
12/27/2021 12/27/21 Sold $140,000 -6.7% $109 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $150,000 -- $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 $3,813 $163,400 $12,600 $150,800
2023 $3,813 $151,300 $12,600 $138,700
2022 $3,748 $151,300 $12,600 $138,700
2021 $2,611 $103,200 $12,600 $90,600
2020 $2,237 $89,400 $12,600 $76,800
2019 $2,145 $85,600 $12,600 $73,000
2018 $1,885 $74,700 $12,600 $62,100
2017 $1,908 $76,100 $12,600 $63,500
2016 $1,709 $68,700 $12,600 $56,100
2014 $1,540 $62,400 $12,600 $49,800
2013 $2,113 $64,200 $12,600 $51,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dean Ehrgott

    Tower 1 Realty

    (317) 223-1186

    19 in this area

    67 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Joy Eder

    Crossroads Real Estate Group LLC

    Section Image
  • MaryLou Gordon

    Seller's Agent in 2021

    MaryLou Gordon

    RE/MAX At The Crossing

    (317) 701-1799

    13 in this area

    58 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21856282

MIBOR Broker Listing Cooperative®

APN: 49-06-31-101-081.000-914

Indiana Marion County Indianapolis 46224

4943 W 11th St, Indianapolis, IN

This home is located at 4943 W 11th St, Indianapolis, IN 46224 since 18 May 2022 and is currently estimated at $219,561, approximately $170 per square foot. This property was built in 1926. 4943 W 11th St is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and The Path School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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