NOT LISTED FOR SALE

5346 W 10th St Indianapolis, IN 46224

Estimated Value: $184,692 - $214,000

1 Bed
-- Bath
1,260 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $98,000 $78 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,224/month

126 Days on Market

About This Home

As of February 2019

**TURN-KEY SPEEDWAY DUPLEX!!** Unbelievable CASH COW in much desired SPEEDWAY! This 1 Bed, 1 Bath Double has been recently renovated. One side has hardwoods, large kitchen and eating space throughout. Unfinished basements for extra storage and 1 car garage for potential extra income. Close to all that Speedway has to offer including new eateries, pubs, and breweries. Potential AirBNB. Property Management company referrals upon request.

Last Agent to Sell the Property

Brian Pachciarz

Estansion Group by BLP License #RB14042294 Listed on: 09/07/2018

Last Buyer's Agent

John Dininger

Janko Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1946

Lot Details

  • 0.33

Parking

  • 1 Car Garage

Home Design

  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 0.33 Acre Lot
  • Basement

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for inshazard insurance taxes sewer water
  • Assessor Parcel Number 490536121049000914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1946
  • Lot Size Acres: 0.334
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: **TURN-KEY SPEEDWAY DUPLEX!!** Unbelievable CASH COW in much desired SPEEDWAY! This 1 Bed, 1 Bath Double has been recently renovated. One side has hardwoods, large kitchen and eating space throughout. Unfinished basements for extra storage and 1 car garage for potential extra income. Close to all that Speedway has to offer including new eateries, pubs, and breweries. Potential AirBNB. Property Management company referrals upon request.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: InsHazard,Insurance,Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 99500

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490536121049000914
  • Acres: 1/4-1/2 Acre
  • Lot Information: Street Lights,Other
  • Lot Number: 5
  • Lot Size: 14,549

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1344
  • Semi Annual Property Tax Amt: 672
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Feb 20, 2019
Sold by
Redevelop Indy Llc
Bought by
Clark Stephen
Seller's Agent
Brian Pachciarz
Estansion Group by BLP
Buyer's Agent
John Dininger
Janko Realty Group
List Price
$119,900
Sold Price
$98,000
Premium/Discount to List
-$21,900
-18.27%
Current Estimated Value
$192,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,806
Avg. Annual Appreciation
9.56%
Original Mortgage
$93,100
Outstanding Balance
$82,672
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$94,423

Purchase Details

Closed on
Aug 30, 2018
Sold by
Dezelan James M and Dezelan Julia V
Bought by
Redevelop Indy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.6%
Mortgage Type
Commercial
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
Clark Stephen $98,000 First American Title Insurance
Redevelop Indy Llc $75,000 Hocker And Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Stephen $93,100
Previous Owner Redevelop Indy Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $98,000 -1.5% $78 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/10/2018 12/10/18 Price Changed $99,500 -0.4% $79 / Sq Ft
10/11/2018 10/11/18 Price Changed $99,900 -16.7% $79 / Sq Ft
09/07/2018 09/07/18 For Sale $119,900 -- $95 / 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 $2,030 $145,700 $10,300 $135,400
2023 $2,030 $135,000 $10,300 $124,700
2022 $1,945 $135,000 $10,300 $124,700
2021 $1,359 $93,200 $10,300 $82,900
2020 $1,143 $80,500 $10,300 $70,200
2019 $1,071 $77,100 $10,300 $66,800
2018 $1,332 $52,800 $10,300 $42,500
2017 $1,344 $53,600 $10,300 $43,300
2016 $1,264 $50,800 $10,300 $40,500
2014 $1,145 $46,400 $10,300 $36,100
2013 $1,698 $47,600 $10,300 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21594272

MIBOR Broker Listing Cooperative®

APN: 49-05-36-121-049.000-914