522 Prospect St Indianapolis, IN 46203
Bates-Hendricks Neighborhood
--
Bed
--
Bath
1,056
Sq Ft
6,430
Sq Ft Lot
About This Home
As of June 2024Investment opportunity! This triplex and lot next door are ready for you to come along and make it your own!! Located in popular Bates Hendricks, this property can be cash flowing in no time!! Each unit is one bed one bath, upstairs you could add square footage! One unit is currently rented on month to month. The 2nd unit downstairs can be rent ready now with a few touches. Or do an overhaul to get amazing rents or short-term rental. This property is close to everything, downtown, Lilly, hospitals. Could be great for professionals and/or traveling nurses!! The lot next door comes with the property and has a curb cut!! You can build a second property, garage or an outdoor courtyard oasis for your tenants!! Main sewer line was replaced last year!! With the close proximity to everything Indy has to offer, this is a GEM!! Rents can be much higher! Property sold as-is
Last Agent to Sell the Property
Match House Realty Group LLC Brokerage Email: valerie@matchhouserealty.com License #RB17000059 Listed on: 05/07/2024
Last Buyer's Agent
Alexander Foley
Liz Foley Real Estate, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,264
Year Built
- Built in 1923
Lot Details
- 6,430 Sq Ft Lot
Home Design
- Triplex
Additional Features
- Basement
Community Details
- Hendricks Subdivision
Listing and Financial Details
- Tax Lot 48-49
- Assessor Parcel Number 491112101041000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 24, 2024
Sold by
Lost Real Estate Llc
Bought by
Shazam Properties Llc
Seller's Agent
Valerie Vaughn
Match House Realty Group LLC
Buyer's Agent
Alexander Foley
Liz Foley Real Estate, Inc.
List Price
$265,000
Sold Price
$227,500
Premium/Discount to List
-$37,500
-14.15%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.81%
Original Mortgage
$299,900
Outstanding Balance
$297,644
Interest Rate
7.02%
Mortgage Type
Construction
Estimated Equity
$6,271
Purchase Details
Listed on
Jul 15, 2021
Closed on
Dec 22, 2021
Sold by
Matthew Losey
Bought by
Lost Real Estate Llc
Seller's Agent
Tim Bradley
Discover Properties, LLC
Buyer's Agent
Tim Bradley
Discover Properties, LLC
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.96%
Purchase Details
Listed on
Jul 15, 2021
Closed on
Dec 18, 2021
Sold by
Matthew Losey
Bought by
Lost Real Estate Llc
Seller's Agent
Tim Bradley
Discover Properties, LLC
Buyer's Agent
Tim Bradley
Discover Properties, LLC
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Purchase Details
Closed on
Oct 21, 2021
Sold by
Bates Hendricks Bulders Llc
Bought by
Frost Nicholas and Losey Matthew
Purchase Details
Closed on
Jul 20, 2017
Purchase Details
Closed on
Mar 27, 2006
Sold by
Altmeyer Robert A
Bought by
Virginia Ave Management Llc
Similar Homes in Indianapolis, IN
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 | $227,500 | Trademark Title Services | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Deed | $195,000 | -- | |
| Warranty Deed | $195,000 | Best Title Services | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,900 | Construction | |
| Previous Owner | $212,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $425,000 | +86.8% | -- |
| 06/18/2024 06/18/24 | Sold | $227,500 | -3.2% | $215 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | Price Changed | $235,000 | -11.3% | $223 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $265,000 | -41.1% | $251 / Sq Ft |
| 12/21/2021 12/21/21 | Sold | $450,000 | -24.9% | $426 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $599,000 | -- | $567 / 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 | $2,590 | $109,200 | $27,800 | $81,400 |
| 2023 | $2,590 | $105,500 | $27,800 | $77,700 |
| 2022 | $2,577 | $105,500 | $27,800 | $77,700 |
| 2021 | $2,260 | $94,300 | $27,800 | $66,500 |
| 2020 | $2,085 | $86,500 | $27,800 | $58,700 |
| 2019 | $1,488 | $59,600 | $3,100 | $56,500 |
| 2018 | $1,434 | $56,900 | $3,100 | $53,800 |
| 2017 | $1,209 | $53,300 | $3,100 | $50,200 |
| 2016 | $1,120 | $50,300 | $3,100 | $47,200 |
| 2014 | $984 | $45,500 | $3,100 | $42,400 |
| 2013 | $906 | $43,600 | $3,100 | $40,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Deacon
J
Seller's Agent in 2025
Jacob Deacon
eXp Realty, LLC
1 in this area
53 Total Sales
-
Valerie Vaughn
Seller's Agent in 2024
Valerie Vaughn
Match House Realty Group LLC
(317) 728-9618
3 in this area
115 Total Sales
-
A
Buyer's Agent in 2024
Alexander Foley
Liz Foley Real Estate, Inc.
-
Tim Bradley
T
Seller's Agent in 2021
Tim Bradley
Discover Properties, LLC
(317) 289-0470
2 in this area
43 Total Sales
-
Amber Bradley
A
Seller Co-Listing Agent in 2021
Amber Bradley
Discover Properties, LLC
(317) 289-0470
2 in this area
32 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21977117
APN: 49-11-12-101-041.000-101
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