NOT LISTED FOR SALE

502 Churchman Ave Beech Grove, IN 46107

Estimated Value: $160,054 - $185,000

2 Beds
1 Bath
153 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $52,000 $340 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,176/month

137 Days on Market

About This Home

As of September 2012

Terrific opportunity on this easy to rent double in Beech Grove**Highly visible location**Recent updates include-roof, siding, thermal windows**Kitchen has updated cabinets and counters**Hardwoods under carpet**Arched doorways, nice wood trim**502 has a fireplace and a stable tenant**

Last Agent to Sell the Property

Michelle Butts

RE/MAX At The Crossing Listed on: 02/29/2012

RE/MAX At The Crossing

Last Buyer's Agent

Michelle Butts

RE/MAX At The Crossing Listed on: 02/29/2012

RE/MAX At The Crossing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 38 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • 153 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Traditional Architecture
  • Aluminum Siding

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, trash collection
  • The owner pays for gas, sewer, water
  • Tax Lot 14
  • Assessor Parcel Number 491028113034000502

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1925
  • Building Area Total: 153
  • Lot Size Acres: 0.15
  • Structure Type: Duplex
  • Subdivision Name: Beech Grove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: michellerbutts@gmail.com
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Gas, Sewer, Water
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 153

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 59900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: On Street,Paved Area,1 Car Space

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 3000

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 38
  • Parcel Number: 491028113034000502
  • Acres: 1/2-1 Acre

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Trash Collection

Multi Family

  • Net Operating Income: 9600
  • Gross Income: 12600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1888
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 944
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Butts Thomas S and Ashwill Dione M
Bought by
Harris Angel Rachele
Current Estimated Value
$169,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$74,204
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,011

Purchase Details

Listed on
Feb 29, 2012
Closed on
Oct 10, 2012
Sold by
Miller Bradley S and Miller Laura C
Bought by
Ashwill Dione M and Butts Thomas S
Seller's Agent
Michelle Butts
RE/MAX At The Crossing
Buyer's Agent
Michelle Butts
RE/MAX At The Crossing
List Price
$84,900
Sold Price
$52,000
Premium/Discount to List
-$32,900
-38.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
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
Harris Angel Rachele $120,000 Security Title
Ashwill Dione M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Angel Rachele $82,500
Closed Harris Angel Rachele $82,500
Previous Owner Butts Thomas S $44,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $52,000 -38.8% $340 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $84,900 -- $555 / 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 $3,016 $120,900 $16,200 $104,700
2023 $3,016 $108,100 $16,200 $91,900
2022 $2,864 $100,100 $16,200 $83,900
2021 $2,380 $85,900 $16,200 $69,700
2020 $2,000 $77,500 $16,200 $61,300
2019 $1,847 $74,200 $13,300 $60,900
2018 $1,562 $65,000 $13,300 $51,700
2017 $1,592 $64,200 $13,300 $50,900
2016 $1,532 $62,400 $13,300 $49,100
2014 $1,984 $84,400 $13,300 $71,100
2013 $1,766 $74,800 $13,300 $61,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michelle Butts

    RE/MAX

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21163212

MIBOR Broker Listing Cooperative®

APN: 49-10-28-113-034.000-502

Indiana Marion County Beech Grove 46107

502 Churchman Ave, Beech Grove, IN

This home is located at 502 Churchman Ave, Beech Grove, IN 46107 since 29 February 2012 and is currently estimated at $173,018, approximately $1,130 per square foot. This property was built in 1925. 502 Churchman Ave is a home located in Marion County with nearby schools including Hornet Park Elementary School, Central Elementary School, and South Grove Intermediate 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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