NOT LISTED FOR SALE

506 S Holmes Ave Indianapolis, IN 46222

West Indianapolis Neighborhood

Estimated Value: $142,000 - $209,001

1 Bed
-- Bath
537 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $155,000 $289 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,152/month

12 Days on Market

About This Home

As of March 2023

Great opportunity for all investors! Both sides of this duplex have had roof, furnace and water heaters in 2019, also all new exterior in 2022. Both are tenant occupied with new leases starting in March for 750/mo with tenants in place past 3 years with great rental history and low operating expenses make this easy to buy and start collecting rent today!! 1 bedroom each side upstairs with TWO walk in closets, downstairs you will find living room, formal dining room, kitchen and bathroom. Windows are newer and property has hardwood floors. Great addition to your portfolio!!

Last Agent to Sell the Property

Chris Johnson

F.C. Tucker Company License #RB14036611 Listed on: 02/03/2023

F.C. Tucker Company

Last Buyer's Agent

Oluwaseun Adepeju

Zion Group REALTORS, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot
  • Separate Meters
  • Basement

Community Details

  • Rosemont Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for all utilities, notapplic
  • The owner pays for insurance, taxes, no utilities, not applic
  • Legal Lot and Block 147 / 2nd
  • Assessor Parcel Number 491109137048000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,588

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: Rosemont
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: johnsonrealtygroup@yahoo.com
  • Multi Rooms: 8
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Insurance, Taxes, No Utilities, Not Applic
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Block, Partial
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Separate Meters
  • Laundry Features: No Laundry Facil.
  • Solid Waste: No

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Current Use: Multi-Family
  • Lot Size Sq Ft: 4792
  • Parcel Number: 491109137048000901
  • Zoning: Residential
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, NotApplic

Tax Info

  • Tax Annual Amount: 1588
  • Tax Block: 2nd
  • Tax Lot: 147
  • Semi Annual Property Tax Amt: 794
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 8, 2023
Sold by
Pineapple Ventures And Investments Llc
Bought by
Dd & D Limited Liability Company
Seller's Agent
Chris Johnson
F.C. Tucker Company
Buyer's Agent
Oluwaseun Adepeju
Zion Group REALTORS, LLC
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%
Views
109
Current Estimated Value
$172,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,667
Avg. Annual Appreciation
4.14%
Original Mortgage
$116,250
Outstanding Balance
$62,530
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$110,137

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 2, 2023
Sold by
Pineapple Ventures And Investments Llc
Bought by
Dd & D Limited Liability Company
Seller's Agent
Chris Johnson
F.C. Tucker Company
Buyer's Agent
Oluwaseun Adepeju
Zion Group REALTORS, LLC
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Outstanding Balance
$62,530
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$110,137

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 19, 2022
Sold by
Mcarthur Matthew and Mcarthur Christina
Bought by
Pineapple Ventures And Investments Llc
Seller's Agent
Jacqueline Trout-Huser
Trout Realty Co, LLC
Buyer's Agent
Chris Johnson
F.C. Tucker Company
List Price
$95,000
Sold Price
$102,500
Premium/Discount to List
$7,500
7.89%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.11%
Original Mortgage
$118,660
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 23, 2019
Sold by
Equity Trust Co
Bought by
Mcarthur Matthew and Mcarthur Christina
Seller's Agent
Jack Norton
Norton Real Estate
Buyer's Agent
Jacqueline Trout-Huser
Trout Realty Co, LLC
List Price
$24,900
Sold Price
$12,500
Premium/Discount to List
-$12,400
-49.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.45%

Purchase Details

Closed on
May 7, 2019
Sold by
Havens Walter L and Havens Joyce
Bought by
Equity Trust Co
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
Dd & D Limited Liability Company $155,000 Centurion Land Title
Dd & D Limited Liability Company -- Centurion Land Title
Pineapple Ventures And Investments Llc -- Centurion Land Title
Mcarthur Matthew $12,500 Monument Title
Equity Trust Co $6,500 Monument Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dd & D Limited Liability Company $116,250
Closed Dd & D Limited Liability Company $116,250
Previous Owner Pineapple Ventures And Investments Llc $118,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2023 03/03/23 Sold $155,000 -11.4% $289 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $175,000 +2.9% $326 / Sq Ft
02/03/2023 02/03/23 For Sale $170,000 +65.9% $317 / Sq Ft
08/15/2022 08/15/22 Sold $102,500 +7.9% $191 / Sq Ft View Prior Sale
07/14/2022 07/14/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $95,000 +660.0% $177 / Sq Ft
07/23/2019 07/23/19 Sold $12,500 -33.9% $23 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $18,900 -5.0% $35 / Sq Ft
06/05/2019 06/05/19 Price Changed $19,900 -20.1% $37 / Sq Ft
05/24/2019 05/24/19 For Sale $24,900 -- $46 / 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 $2,962 $175,200 $2,800 $172,400
2023 $2,962 $120,600 $2,800 $117,800
2022 $2,886 $120,600 $2,800 $117,800
2021 $1,954 $80,400 $2,800 $77,600
2020 $1,686 $68,600 $2,800 $65,800
2019 $1,640 $65,400 $2,800 $62,600
2018 $1,429 $56,000 $2,800 $53,200
2017 $1,304 $57,000 $2,800 $54,200
2016 $1,144 $50,600 $2,800 $47,800
2014 $982 $45,400 $2,800 $42,600
2013 $1,088 $46,800 $2,800 $44,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Johnson

    Seller's Agent in 2023

    Chris Johnson

    F.C. Tucker Company

    (317) 414-5332

    2 in this area

    75 Total Sales

    Chris Johnson
    Section Image

  • O

    Buyer's Agent in 2023

    Oluwaseun Adepeju

    Zion Group REALTORS, LLC

  • S

    Buyer's Agent in 2023

    Seun A

    Zion Group REALTORS, LLC

    (317) 529-7830

    1 in this area

    47 Total Sales

    Seun A
    Section Image

  • J

    Seller's Agent in 2022

    Jacqueline Trout-Huser

    Trout Realty Co, LLC

    Section Image
  • Jack Norton

    Seller's Agent in 2019

    Jack Norton

    Norton Real Estate

    (317) 508-6544

    40 Total Sales

    Jack Norton
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21903969

MIBOR Broker Listing Cooperative®

APN: 49-11-09-137-048.000-901

Indiana Marion County Indianapolis 46222 West Indianapolis

506 S Holmes Ave, Indianapolis, IN

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