Seller's Agent in 2025
Valerie Bunch
Match House Realty Group LLC
(317) 728-9618
3 in this area
139 Total Sales
518 Prospect St Indianapolis, IN 46203
Bates-Hendricks Neighborhood
6
Beds
4
Baths
776
Sq Ft
3,180
Sq Ft Lot
Highlights
- Contemporary Architecture
- Laundry Room
- Central Air
About This Home
As of February 2025This fully renovated luxury duplex is a rare gem, perfectly situated between the vibrant neighborhoods of Bates-Hendricks, Fletcher Place, and Fountain Square. Ideal for a house hacker, long-term investor, or Airbnb host, this property offers exceptional versatility and value. Each spacious unit boasts 3 large bedrooms, 2 bathrooms, and an open-concept living area that flows seamlessly into a sleek, kitchen, designed for both comfort and entertaining. Every inch of this duplex has been meticulously updated with brand-new finishes and stylish touches. Located in one of the most sought-after areas of town, it offers convenience-walk or bike to Eli Lilly, explore nearby downtown hotspots, or hop on the highway within minutes for an effortless commute. Whether you're looking to live in one unit and rent out the other or capitalize on short-term rental opportunities, this property is a true investment goldmine. With cutting-edge renovations and prime location appeal, this duplex presents a unique opportunity to combine modern living with smart financial planning. Schedule your showing today and see why this property is the perfect blend of style, location, and investment potential!
Last Agent to Sell the Property
Match House Realty Group LLC Brokerage Email: valerie@matchhouserealty.com License #RB17000059 Listed on: 10/22/2024
Last Buyer's Agent
Bunmi Famosinpe
eXp Realty, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,642
Year Built
- Built in 1921
Parking
- Alley Access
Home Design
- Duplex
- Contemporary Architecture
- Cement Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- 3,180 Sq Ft Lot
- Central Air
Community Details
- Hendricks Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water
- Tax Lot 47
- Assessor Parcel Number 491112101044000101
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Feb 12, 2025
Sold by
Lost Real Estate Llc
Bought by
Doe Ventures Llc
Seller's Agent
Valerie Bunch
Match House Realty Group LLC
Buyer's Agent
Bunmi Famosinpe
eXp Realty, LLC
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%
Views
127
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
-$120,455
Avg. Annual Appreciation
-28.27%
Original Mortgage
$328,250
Outstanding Balance
$325,790
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$58,755
Purchase Details
Closed on
Dec 22, 2021
Sold by
Matthew Losey
Bought by
Lost Real Estate Llc
Purchase Details
Closed on
Dec 18, 2021
Sold by
Matthew Losey
Bought by
Lost Real Estate Llc
Purchase Details
Closed on
Oct 21, 2021
Sold by
Bates Hendricks Bulders Llc
Bought by
Frost Nicholas and Losey Matthew
Purchase Details
Closed on
Mar 22, 2019
Sold by
Rodriguez Alfredo and Rocha Elizabeth
Bought by
Bates Hendricks Builders Llc
Purchase Details
Closed on
May 11, 2010
Sold by
Imb Reo Llc
Bought by
Rodriguez Alfredo and Rocha Elizabeth
Purchase Details
Closed on
Feb 25, 2010
Sold by
Beavers Tanoah M and Ford Robert E
Bought by
Onewest Bank Fsb
Purchase Details
Closed on
May 3, 2005
Sold by
Mcginnis James S
Bought by
Beavers Tanoah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $136,000 | Eagle Land Title | |
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $18,750 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,250 | New Conventional | |
| Previous Owner | $76,500 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $505,000 | -5.6% | $651 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 12/26/2024 12/26/24 | For Sale | $535,000 | 0.0% | $689 / Sq Ft |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | Price Changed | $535,000 | -0.9% | $689 / Sq Ft |
| 11/09/2024 11/09/24 | Price Changed | $540,000 | -1.8% | $696 / Sq Ft |
| 10/22/2024 10/22/24 | For Sale | $550,000 | -- | $709 / 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 | $2,749 | $188,400 | $30,400 | $158,000 |
| 2023 | $2,749 | $111,400 | $30,400 | $81,000 |
| 2022 | $2,734 | $111,400 | $30,400 | $81,000 |
| 2021 | $2,402 | $99,700 | $30,400 | $69,300 |
| 2020 | $2,220 | $91,600 | $30,400 | $61,200 |
| 2019 | $2,292 | $93,000 | $3,300 | $89,700 |
| 2018 | $2,205 | $88,600 | $3,300 | $85,300 |
| 2017 | $1,852 | $82,900 | $3,300 | $79,600 |
| 2016 | $1,856 | $85,000 | $3,300 | $81,700 |
| 2014 | $1,576 | $72,900 | $3,300 | $69,600 |
| 2013 | $1,570 | $70,800 | $3,300 | $67,500 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Bunch
-
B
Buyer's Agent in 2025
Bunmi Famosinpe
eXp Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22006424
APN: 49-11-12-101-044.000-101
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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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