NOT LISTED FOR SALE

Estimated Value: $319,000 - $361,000

2 Beds
1 Bath
1,114 Sq Ft
$310/Sq Ft Est. Value

Sale Details

Date Sold: December 26, 2024

Last sale price $340,000 $305 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,071 / mo

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Shed
  • Forced Air Heating and Cooling System
  • Bungalow
  • 1-Story Property

About This Home

As of December 2024

Meet this meticulously maintained duplex in the heart of Irvington's historic district- a rare opportunity for both homeowners and investors alike! Each unit offers 3 bedrooms, 1.5 bathrooms, original hardwood floors throughout, and a charming layout. The perfect income-generating property includes a basement, on-site laundry for each unit, and a convenient 1 car attached garage. An additional parcel in the back complete with a storage shed provides flexible space and functionality. One side of the duplex is out of lease, renting month-to-month with excellent income potential. The other side is move-in ready! Recent upgrades include refreshed windows and new garage doors in 2024. HVAC systems are newer as well, with the furnace and AC in unit 5423 being 5 years old and unit 5425 being only 3 years old and the roof and gutters are only 8 years old. The property has been lovingly cared for and is being sold AS-IS. This unit offers the perfect blend of historic charm and modern touches in one of Indianapolis's most thriving downtown neighborhoods. Don't miss your opportunity to own a piece of Irvington's history with fantastic investment potential!

Last Agent to Sell the Property

Patricia McCormick

Trueblood Real Estate Brokerage Email: tmccormick@truebloodre.com License #RB20001746 Listed on: 11/21/2024

Trueblood Real Estate

Last Buyer's Agent

Harlon Wilson

Home Real Estate Solutions, LL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 1938

Lot Details

  • 10,037 Sq Ft Lot
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Bungalow
  • Block Foundation

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement
  • Basement Lookout

Outdoor Features

  • Shed
  • Storage Shed

Additional Features

  • 1-Story Property
  • City Lot
  • Forced Air Heating and Cooling System

Community Details

  • Ellenberger Plaza Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, sewer, water
  • The owner pays for no utilities, taxes
  • Tax Lot 49-10-03-221-091.000-701
  • Assessor Parcel Number 491003221091000701
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,534

Year Built

Built in 1938

Lot Details

10,037 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1938
  • Lot Size Acres: 0.23
  • On Market Date: 2024-11-21
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Ellenberger Plaza
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: tmccormick@truebloodre.com
  • Attribution Contact: tmccormick@truebloodre.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Finished, Walk Out
  • Levels: One
  • Owner Pays: No Utilities, Taxes
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Unit Parking: 2 Car Garage

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Solid Waste: Yes

Lot Info

  • Lot Features: City Lot, Irregular Lot, Sidewalks, Storm Sewer, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 10037
  • Parcel Number: 491003221091000701
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Sewer, Water

Tax Info

  • Tax Annual Amount: 3534
  • Tax Lot: 49-10-03-221-091.000-701
  • Semi Annual Property Tax Amt: 1767
  • Tax Exemption: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Dec 26, 2024
Sold by
Bought by
Seller's Agent
Patricia McCormick
Trueblood Real Estate
Buyer's Agent
Harlon Wilson
Home Real Estate Solutions, LL
List Price
$340,000
Sold Price
$340,000
Views
22
Current Estimated Value
$345,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,525
Avg. Annual Appreciation
1.01%
Original Mortgage
$306,000
Outstanding Balance
$301,108
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$44,417

Purchase Details

Closed on
Nov 13, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 First American Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $306,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $340,000 0.0% $305 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/21/2024 11/21/24 For Sale $340,000 -- $305 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,084 $362,100 $42,800 $319,300
2024 $3,747 $149,800 $42,800 $107,000
2023 $3,747 $149,000 $42,800 $106,200
2022 $2,951 $116,200 $42,800 $73,400
2021 $2,870 $115,600 $42,800 $72,800
2020 $2,697 $107,900 $36,500 $71,400
2019 $2,722 $107,100 $36,500 $70,600
2018 $2,516 $97,700 $36,500 $61,200
2017 $1,989 $136,100 $36,500 $99,600
2016 $2,662 $119,500 $36,500 $83,000
2014 $2,376 $109,900 $36,500 $73,400
2013 $2,436 $108,500 $36,500 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22011562

MIBOR Broker Listing Cooperative®

APN: 49-10-03-221-091.000-701

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