NOT LISTED FOR SALE

5023 W Morris St Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $126,000 - $146,000

2 Beds
-- Bath
705 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 10, 2018

Last sale price $55,500 $79 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $943/month

7 Days on Market

About This Home

As of March 2018

Great investment opportunity!!! Duplex for sale (in need of some cosmetic improvements). Both units have 2 bedrooms and 1 full bath. The 5023 side is vacant and available for showings. 5025 side is occupied with a long term tenant. Live in one side, keep other side rented. Let your tenant pay the mortgage.

Last Agent to Sell the Property

Jennifer Mattos

Garnet Group License #RB14046447 Listed on: 02/13/2018

Garnet Group

Co-Listed By

Nizar Louly

Garnet Group License #RB16001371

Last Buyer's Agent

Edward Christman

Real Estate Solutions License #RB14029958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $892

Year Built

  • Built in 1960

Lot Details

  • 0.28

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Community Details

  • Evanston Subdivision

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer all utilities water
  • The owner pays for taxes
  • Assessor Parcel Number 491118115032000930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$892

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1960
  • Co List Office Phone: 317-324-8331
  • Lot Size Acres: 0.28
  • Subdivision Name: EVANSTON
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment opportunity!!! Duplex for sale (in need of some cosmetic improvements). Both units have 2 bedrooms and 1 full bath. The 5023 side is vacant and available for showings. 5025 side is occupied with a long term tenant. Live in one side, keep other side rented. Let your tenant pay the mortgage.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Slab
  • List Price: 55000

Garage/Parking

  • Unit Parking: On Street,Unpaved,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491118115032000930
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Tree Mature,Trees Small
  • Lot Number: 37
  • Lot Size: 12,545

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer,All Utilities,Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 892
  • Semi Annual Property Tax Amt: 446
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 9, 2018
Sold by
Forey Harold A
Bought by
Kimberly Sauro
Seller's Agent
Jennifer Mattos
Garnet Group
Buyer's Agent
Edward Christman
Real Estate Solutions
List Price
$55,000
Sold Price
$55,500
Premium/Discount to List
$500
0.91%
Current Estimated Value
$136,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,796
Avg. Annual Appreciation
11.52%
Original Mortgage
$0
Interest Rate
4.04%

Purchase Details

Listed on
Feb 13, 2018
Closed on
Jan 18, 2018
Sold by
Forey Trust
Bought by
Forey Harold A
Seller's Agent
Jennifer Mattos
Garnet Group
Buyer's Agent
Edward Christman
Real Estate Solutions
List Price
$55,000
Sold Price
$55,500
Premium/Discount to List
$500
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.04%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Forey Harold L and Forey Mildred L
Bought by
Forey Harold L and The Harold L Forey Revocable Living Trus
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
Kimberly Sauro $55,500 --
Pratt Roger $55,500 Hocker And Associates
Forey Harold A -- --
Forey Harold L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forey Harold A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2018 03/10/18 Sold $55,500 +0.9% $79 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $55,000 -- $78 / 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 $2,357 $95,600 $6,600 $89,000
2023 $2,357 $88,400 $6,600 $81,800
2022 $2,336 $88,400 $6,600 $81,800
2021 $1,834 $61,000 $6,600 $54,400
2020 $1,663 $54,400 $6,600 $47,800
2019 $1,626 $52,200 $6,600 $45,600
2018 $1,243 $41,600 $6,600 $35,000
2017 $1,251 $42,200 $6,600 $35,600
2016 $1,138 $38,000 $6,600 $31,400
2014 $692 $34,600 $6,600 $28,000
2013 $712 $35,600 $6,600 $29,000
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Mattos

    Seller's Agent in 2018

    Jennifer Mattos

    Garnet Group

    (765) 278-7113

    1 in this area

    192 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Nizar Louly

    Garnet Group

    (317) 409-8516

    1 in this area

    12 Total Sales

    Section Image

  • E

    Buyer's Agent in 2018

    Edward Christman

    Real Estate Solutions

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21545490

MIBOR Broker Listing Cooperative®

APN: 49-11-18-115-032.000-930

Indiana Marion County Indianapolis 46241 Stout Field

5023 W Morris St, Indianapolis, IN

This home is located at 5023 W Morris St, Indianapolis, IN 46241 since 13 February 2018 and is currently estimated at $136,764, approximately $193 per square foot. This property was built in 1960. 5023 W Morris St is a home located in Marion County with nearby schools including Maplewood Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High 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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