NOT LISTED FOR SALE

509 N Hamilton Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $203,000 - $228,843

2 Beds
-- Bath
896 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $175,000 $195 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,662/month

19 Days on Market

About This Home

As of September 2022

Great investment opportunity located in St. Clair Place! Two unit duplex both currently rented, feature (each) 3 bedrooms and 2 full bath. Parking spaces in the back and on the street. Enjoy mornings sipping coffee on your front porch. 10 minutes to downtown, just a quick 20 minute bike ride to Mass Ave or walk minutes to the neighborhood playground. So much in the area to see and do, plus these units are full of character and charm. Due renter's rights, all showings must have 24 hour notice. Units are identical, however the carpet in 509 is a little more worn. Only unit 511 can be viewed at this time.

Last Agent to Sell the Property

Michelle Chandler

Keller Williams Indy Metro S Listed on: 08/12/2022

Co-Listed By

Chris Cook

Keller Williams Indy Metro S

Last Buyer's Agent

David Eustace

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1929

Lot Details

  • 5,227

Home Design

  • Traditional Architecture
  • Aluminum Siding

Community Details

  • J H Ruddells Glenwood Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 491006135035000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,850

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1929
  • Co List Office Phone: 765-342-5500
  • Structure Type: Duplex
  • Subdivision Name: J H RUDDELLS GLENWOOD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: homes@michellechandler.com
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 175000

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491006135035000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 49
  • Lot Size: 40x131

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2850
  • Semi Annual Property Tax Amt: 1425
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 17, 2022
Sold by
Badell Drew
Bought by
Badell Brothers Llc
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
David Eustace
eXp Realty, LLC
List Price
$175,000
Sold Price
$175,000
Views
6
Current Estimated Value
$232,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,553
Avg. Annual Appreciation
10.41%
Original Mortgage
$149,205
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 28, 2022
Sold by
Kemp John G
Bought by
Badell Drew and Badell Patrick
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
David Eustace
eXp Realty, LLC
List Price
$175,000
Sold Price
$175,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,205
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2017
Sold by
Kemp Jaime M and Kemp John G
Bought by
Kemp John G

Purchase Details

Closed on
Jul 2, 2009
Sold by
Kemp Christopher
Bought by
Kemp John G and Kemp Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Kemp Christopher

Purchase Details

Closed on
Sep 30, 2005
Sold by
Mclerran Coell M
Bought by
Sariah Troy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Badell Brothers Llc -- --
Badell Drew $175,000 Title Alliance
Kemp John G -- --
Kemp John G -- Carpenter Title Agency Inc
Kemp Christopher -- Statewide Title Company Inc
Sariah Troy D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badell Brothers Llc $234,000
Closed Badell Drew $149,205
Previous Owner Kemp John G $42,000
Previous Owner Kemp John G $47,600
Previous Owner Sariah Troy D $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $175,000 0.0% $195 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $175,000 0.0% $195 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $175,000 -- $195 / 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 $4,662 $207,400 $34,000 $173,400
2023 $4,662 $164,600 $34,000 $130,600
2022 $3,408 $138,600 $34,000 $104,600
2021 $2,983 $123,500 $34,000 $89,500
2020 $2,324 $94,700 $2,400 $92,300
2019 $2,202 $87,800 $2,400 $85,400
2018 $1,761 $68,600 $2,400 $66,200
2017 $1,549 $67,100 $2,400 $64,700
2016 $1,565 $51,500 $2,400 $49,100
2014 $899 $41,600 $2,400 $39,200
2013 $1,032 $41,600 $2,400 $39,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Chandler

    Keller Williams Indy Metro S

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Chris Cook

    Keller Williams Indy Metro S

    Section Image

  • D

    Buyer's Agent in 2022

    David Eustace

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21877205

MIBOR Broker Listing Cooperative®

APN: 49-10-06-135-035.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

509 N Hamilton Ave, Indianapolis, IN

This home is located at 509 N Hamilton Ave, Indianapolis, IN 46201 since 12 August 2022 and is currently estimated at $214,948, approximately $239 per square foot. This property was built in 1929. 509 N Hamilton Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Arlington Community Middle School, and Arsenal Technical 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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