Seller's Agent in 2025
Mariah Barlow
@properties
(317) 657-7638
7 in this area
76 Total Sales
5116 E Michigan St Indianapolis, IN 46219
Irvington Neighborhood
6
Beds
2
Baths
1,300
Sq Ft
5,619
Sq Ft Lot
About This Home
As of March 2025Hello Irvington! If you've been looking for an income generating property, look no further.This classic Irvington Duplex boasts 2 units, each featuring 3 bedrooms, 1 bathroom, and the 5116 Unit is already a successful AirBNB. Each side mirrors the other, walking in from the large front porch to original hardwood floors in the living room and into the dining room, and to the large kitchen. The staircase takes you up to 3 bedrooms and a bathroom in each unit, continuing the hardwoods throughout. Both units are vacant and ready to be used for your needs. Perfect for an owner occupant or an investor ready to bring in new tenants. Located on Michigan St, just moments from Elenberger Park, Jockamo Pizza, Strangebird, 1979 Co, Snug, Hampton Design Studio, and everything else Irvington has to offer, what's not to love?
Last Agent to Sell the Property
@properties Brokerage Email: mariah@atpropertiesind.com License #RB19001676 Listed on: 02/21/2025
Last Buyer's Agent
Lesli Gibson
Maywright Property Co.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,006
Year Built
- Built in 1920
Parking
- Alley Access
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- 5,619 Sq Ft Lot
- Central Air
Community Details
- Emerson Ave Subdivision
Listing and Financial Details
- Tax Lot 7008937
- Assessor Parcel Number 491003114098000701
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2025
Sold by
Kay Scott
Bought by
5116-5118 E Michigan Llc
Current Estimated Value
Purchase Details
Listed on
Feb 21, 2025
Closed on
Mar 18, 2025
Sold by
Craven Rebecca
Bought by
Kay Scott
Seller's Agent
Mariah Barlow
@properties
Buyer's Agent
Lesli Gibson
Maywright Property Co.
List Price
$297,000
Sold Price
$290,000
Premium/Discount to List
-$7,000
-2.36%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.78%
Purchase Details
Closed on
Jan 22, 2021
Sold by
Faris Michael G
Bought by
Craven Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
2.7%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $290,000 | Stewart Title Company | |
| Warranty Deed | $170,000 | Best Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $166,920 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | Sold | $290,000 | -2.4% | $223 / Sq Ft |
| 02/23/2025 02/23/25 | Pending | -- | -- | -- |
| 02/21/2025 02/21/25 | For Sale | $297,000 | -- | $228 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,125 | $196,100 | $25,500 | $170,600 |
| 2023 | $3,125 | $194,700 | $25,500 | $169,200 |
| 2022 | $2,101 | $142,500 | $25,500 | $117,000 |
| 2021 | $2,081 | $141,300 | $25,500 | $115,800 |
| 2020 | $2,983 | $124,300 | $16,500 | $107,800 |
| 2019 | $3,013 | $123,300 | $16,500 | $106,800 |
| 2018 | $2,698 | $109,100 | $16,500 | $92,600 |
| 2017 | $2,231 | $100,100 | $16,500 | $83,600 |
| 2016 | $2,104 | $96,200 | $16,500 | $79,700 |
| 2014 | $1,911 | $88,600 | $16,500 | $72,100 |
| 2013 | $1,815 | $87,400 | $16,500 | $70,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mariah Barlow
-
L
Buyer's Agent in 2025
Lesli Gibson
Maywright Property Co.
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22022745
APN: 49-10-03-114-098.000-701
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