Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
59 in this area
493 Total Sales
507 N Gladstone Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated Value: $135,312 - $156,000
4
Beds
--
Bath
700
Sq Ft
$204/Sq Ft
Est. Value
About This Home
As of September 2024INVESTOR ALERT! Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled ranch duplex in the popular Tuxedo Park neighborhood! Located in the heart of Indy's near Eastside, this duplex is strategically situated for convenience and growth. It's an excellent location with tons of development happening in the area and less than a 10-minute drive into downtown. Completely renovated in the last ~4 years, this property boasts a newer roof, siding, windows, furnace, water heater, electrical, plumbing, carpet, paint, and more. Brand new furnace on the 509 side! Both units are identical, each featuring 1 bedroom/1 bathroom, 700sq ft, with an unfinished basement. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $650 per side. Unit 507's lease is month to month, and 509's is up in Oct 2024. Tenants pay for electricity, and the owner pays for water/sewer. Surrounded by parks, schools, shopping, dining, transportation, and more, this property offers a desirable lifestyle for tenants, ensuring strong demand and occupancy rates. Don't miss out on this prime opportunity to secure steady returns in a flourishing area!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 04/22/2024
Last Buyer's Agent
Eli Skinner
Fathom Realty
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 3,790
Parking
- On-Street Parking
Home Design
- Duplex
- Ranch Style House
- Block Foundation
- Vinyl Siding
Additional Features
- Washer and Dryer Hookup
- Laundry in Basement
- 3,790 Sq Ft Lot
- Forced Air Heating System
Community Details
- Tuxedo Park Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer, water
- Tax Lot 14
- Assessor Parcel Number 491004119417000101
- Seller Concessions Not Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Sep 26, 2024
Sold by
Bought by
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Eli Skinner
Fathom Realty
List Price
$159,000
Sold Price
$130,000
Premium/Discount to List
-$29,000
-18.24%
Views
145
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,771
Avg. Annual Appreciation
5.34%
Original Mortgage
$97,500
Outstanding Balance
$95,490
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$47,281
Purchase Details
Listed on
Aug 12, 2021
Closed on
Oct 19, 2021
Sold by
Bought by
Seller's Agent
Quintin Johnson
Dropped Members
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.74%
Original Mortgage
$112,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 18, 2021
Closed on
Jun 10, 2021
Sold by
Bought by
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Quintin Johnson
F.C. Tucker Company
Sold Price
$60,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1270.79%
Purchase Details
Closed on
Feb 6, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 5, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 5, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 4, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $130,000 | Verus Title | ||
| -- | Schmitz David A | ||
| -- | New Title Company Name | ||
| $2,925 | None Available | ||
| $3,212 | None Available | ||
| -- | None Available | ||
| $22,750 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $97,500 | ||
| Previous Owner | $112,500 | ||
| Previous Owner | $112,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $130,000 | -7.1% | $186 / Sq Ft | |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- | |
| 08/22/2024 08/22/24 | Price Changed | $140,000 | -3.4% | $200 / Sq Ft | |
| 08/07/2024 08/07/24 | Price Changed | $145,000 | -4.9% | $207 / Sq Ft | |
| 05/31/2024 05/31/24 | Price Changed | $152,500 | -4.1% | $218 / Sq Ft | |
| 04/22/2024 04/22/24 | For Sale | $159,000 | +6.0% | $227 / Sq Ft | |
| 10/15/2021 10/15/21 | Sold | $150,000 | -9.1% | $214 / Sq Ft | View Prior Sale |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- | |
| 08/12/2021 08/12/21 | For Sale | $165,000 | +175.0% | $236 / Sq Ft | |
| 06/11/2021 06/11/21 | Sold | $60,000 | -7.7% | $86 / Sq Ft | View Prior Sale |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- | |
| 05/26/2021 05/26/21 | For Sale | -- | -- | -- | |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- | |
| 04/29/2021 04/29/21 | For Sale | $65,000 | 0.0% | $93 / Sq Ft | |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- | |
| 04/18/2021 04/18/21 | For Sale | $65,000 | -- | $93 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,576 | $140,700 | $6,100 | $134,600 |
| 2024 | $3,530 | $150,700 | $6,100 | $144,600 |
| 2023 | $3,530 | $145,900 | $6,100 | $139,800 |
| 2022 | $3,385 | $138,700 | $6,100 | $132,600 |
| 2021 | $1,698 | $70,700 | $6,100 | $64,600 |
| 2020 | $3,225 | $68,100 | $1,900 | $66,200 |
| 2019 | $1,559 | $63,300 | $1,900 | $61,400 |
| 2018 | $1,533 | $61,700 | $1,900 | $59,800 |
| 2017 | $1,257 | $56,300 | $1,900 | $54,400 |
| 2016 | $1,321 | $42,700 | $1,900 | $40,800 |
| 2014 | $979 | $32,700 | $1,900 | $30,800 |
| 2013 | $979 | $41,300 | $1,900 | $39,400 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
-
E
Buyer's Agent in 2024
Eli Skinner
Fathom Realty
-
Quintin Johnson
Q
Seller's Agent in 2021
Quintin Johnson
Dropped Members
-
Jackie Lovell
Seller's Agent in 2021
Jackie Lovell
New Quantum Realty Group
(317) 332-7547
14 in this area
137 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21972584
APN: 49-10-04-119-417.000-101
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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