NOT LISTED FOR SALE

Estimated Value: $202,000 - $213,000

2 Beds
1 Bath
928 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $130,000 $140 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,542/month

34 Days on Market

About This Home

As of June 2020

This well maintained Duplex is a great investment property. Both sides are rented with a income of $1500 per month. Many new updates to this property. Tenants pay electric and gas. Owner pays Water/sewer, taxes, insurance etc.

Last Agent to Sell the Property

Cynthia Sells

Dropped Members License #RB14047346 Listed on: 03/27/2020

Last Buyer's Agent

Fletch Daly

Centurion R.E.S., LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1940

Lot Details

  • 8,407 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Community Details

  • Ellenberger Plaza Subdivision

Listing and Financial Details

  • Tenant pays for cable tv electricity gas insurance lawncare
  • The owner pays for insurance taxes sewer water
  • Assessor Parcel Number 491003221097000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,176

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1940
  • Lot Size Acres: 0.193
  • Subdivision Name: ELLENBERGER PLAZA
  • Inspection Warranties: Not Applicable
  • Property Description: This well maintained Duplex is a great investment property. Both sides are rented with a income of $1500 per month. Many new updates to this property. Tenants pay electric and gas. Owner pays Water/sewer, taxes, insurance etc.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Insurance,Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Construction Stage: Completed

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491003221097000701
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline
  • Lot Number: 108
  • Lot Size: 8,407

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance,Lawncare

Tax Info

  • Tax Annual Amount: 3176
  • Semi Annual Property Tax Amt: 1588
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 3, 2020
Sold by
Esquivel Richard
Bought by
Boomerang Capital Llc
Seller's Agent
Cynthia Sells
Dropped Members
Buyer's Agent
Fletch Daly
Centurion R.E.S., LLC
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Current Estimated Value
$207,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,500
Avg. Annual Appreciation
9.13%
Original Mortgage
$112,000
Outstanding Balance
$99,092
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$108,408

Purchase Details

Closed on
May 6, 2011
Sold by
Esquivel Richard and Esquivel Reid
Bought by
Esquivel Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2007
Sold by
Updike Robert C and Updike Jacquline
Bought by
Esquivel Richard and Esquivel Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,576
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Boomerang Capital Llc $130,000 Best Title
Esquivel Richard -- Lsi Lps
Esquivel Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boomerang Capital Llc $112,000
Previous Owner Esquivel Richard $101,600
Previous Owner Esquivel Richard $102,576
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $130,000 -10.3% $140 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $145,000 0.0% $156 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $145,000 -- $156 / 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 $5,300 $218,300 $28,300 $190,000
2023 $5,300 $216,800 $28,300 $188,500
2022 $3,896 $158,500 $28,300 $130,200
2021 $3,798 $158,100 $28,300 $129,800
2020 $3,647 $151,100 $24,100 $127,000
2019 $3,681 $149,800 $24,100 $125,700
2018 $3,318 $133,300 $24,100 $109,200
2017 $2,731 $122,100 $24,100 $98,000
2016 $2,473 $112,500 $24,100 $88,400
2014 $1,046 $103,300 $24,100 $79,200
2013 $1,029 $102,000 $24,100 $77,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21702598

MIBOR Broker Listing Cooperative®

APN: 49-10-03-221-097.000-701