NOT LISTED FOR SALE

540 N Dearborn St Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $145,000 - $186,290

6 Beds
-- Bath
1,300 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $127,000 $98 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $998/month

1 Day on Market

About This Home

As of July 2022

Great opportunity to have a roomy 2 level duplex - WITH a HUGE unfinished attic - in an area that has seen many new construction homes and full renovations recently. Both units are 3 bedroom 1 bath, with covered front and back porches.

Last Agent to Sell the Property

Joshua Bangert

Hidalgo Group, LLC Listed on: 04/22/2022

Last Buyer's Agent

David Price

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 1918

Lot Details

  • 3,920

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stucco

Additional Features

  • 2-Story Property
  • 3,920 Sq Ft Lot

Community Details

  • Hoffmans E Mich St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491005159015000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$416

Year Built

Built in 1918

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: 2020
  • Year Built: 1918
  • Lot Size Acres: 0.09
  • Structure Type: Duplex
  • Subdivision Name: HOFFMANS E MICH ST
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two, Basement
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick, Stucco
  • Disclosures: Not Applicable
  • List Price: 124900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491005159015000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Curbs,Sidewalks,Storm Sewer
  • Lot Number: 47
  • Lot Size: 113x37

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 416
  • Semi Annual Property Tax Amt: 208
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Athialy Jason
Bought by
Morrow Kaitlin M
Current Estimated Value
$162,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Outstanding Balance
$159,960
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$2,137

Purchase Details

Listed on
Apr 22, 2022
Closed on
Aug 5, 2022
Sold by
Lotts 42 Llc
Bought by
Athialy Jason
Seller's Agent
Joshua Bangert
Hidalgo Group, LLC
Buyer's Agent
David Price
Fathom Realty
List Price
$124,900
Sold Price
$127,000
Premium/Discount to List
$2,100
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$114,300
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2018
Bought by
Brian Larson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 5, 2014
Closed on
Apr 7, 2015
Sold by
Gutierrez Raul
Bought by
Altitude Ire
Seller's Agent
Megan Sullivan
@properties
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$24,000
Sold Price
$17,500
Premium/Discount to List
-$6,500
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.89%

Purchase Details

Closed on
Nov 24, 2010
Sold by
Gfdb Llc
Bought by
Gutierrez Ravi

Purchase Details

Closed on
Nov 16, 2009
Sold by
Eastside Homes Llc
Bought by
Kafoure Michael D

Purchase Details

Closed on
Aug 4, 2006
Sold by
Sherby Duzanne L
Bought by
Eastside Homes Llc
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
Morrow Kaitlin M $175,000 First American Title
Athialy Jason $127,000 Roberts Litigation Group
Brian Larson $55,000 --
Lotts 42 Llc $55,000 Investors Title Service Inc.
Altitude Ire -- First American Title Ins Co
Gutierrez Ravi $20,050 None Available
Kafoure Michael D -- --
Eastside Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Kaitlin M $161,500
Previous Owner Athialy Jason $114,300
Previous Owner Lotts 42 Llc $629,132
Previous Owner Lotts 42 Llc $4,000,000
Previous Owner Lotts 42 Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $127,000 +1.7% $98 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $124,900 +613.7% $96 / Sq Ft
04/09/2015 04/09/15 Sold $17,500 -27.1% $27 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $24,000 -- $37 / 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 $1,394 $134,200 $5,700 $128,500
2023 $1,394 $126,100 $5,700 $120,400
2022 $1,599 $128,500 $5,700 $122,800
2021 $2,661 $110,300 $5,700 $104,600
2020 $415 $13,000 $2,200 $10,800
2019 $401 $12,200 $2,200 $10,000
2018 $347 $9,900 $2,200 $7,700
2017 $317 $9,800 $2,200 $7,600
2016 $271 $7,900 $2,200 $5,700
2014 $147 $6,800 $2,200 $4,600
2013 $76 $6,800 $2,200 $4,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joshua Bangert

    Hidalgo Group, LLC

    Section Image

  • D

    Buyer's Agent in 2022

    David Price

    Fathom Realty

    Section Image

  • M

    Seller's Agent in 2015

    Megan Sullivan

    @properties

    Section Image

  • A

    Buyer's Agent in 2015

    Andrew Dallas

    Blue Properties Brokerage

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21847610

MIBOR Broker Listing Cooperative®

APN: 49-10-05-159-015.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

540 N Dearborn St, Indianapolis, IN

This home is located at 540 N Dearborn St, Indianapolis, IN 46201 since 22 April 2022 and is currently estimated at $162,097, approximately $124 per square foot. This property was built in 1918. 540 N Dearborn St is a home located in Marion County with nearby schools including Brookside School 54, 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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