NOT LISTED FOR SALE

5520 E Rawles Terrace Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $127,000 - $187,264

2 Beds
1 Bath
768 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $180,000 $234 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,134/month

3 Days on Market

About This Home

As of June 2024

Check out this delightful duplex located on Rawles Terrace, offering the perfect blend of comfort and convenience. Each unit features 2 bedrooms and 1 bathroom, making it an ideal investment or a cozy home for an owner-occupant. Unit Highlights: Lovely Hardwood Floors:Both units boast beautiful hardwood floors, adding warmth and character to the living spaces. Great Living Room: Enjoy a bright and inviting living room with plenty of natural light, perfect for relaxation or entertaining. Private Yard: Each unit comes with its own private yard, providing a serene outdoor space for gardening, play, or simply unwinding. Off-Street Parking: Benefit from the convenience of dedicated off-street parking for each unit, ensuring easy access and added security. Current Occupancy: Unit 1:Currently rented at $865/month, with the tenant paying all utilities. This provides a steady income stream from day one. Unit 2:Vacant and ready for your personal touch. Move in yourself or place a new tenant to maximize your investment potential. This duplex is not just a property; it's an opportunity to own a piece of charm in a desirable location. Whether you're an investor looking for a reliable income property or a homeowner seeking a versatile living arrangement, this duplex on Rawles offers the flexibility and features you need. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Tasheana Hanza

Hanza Realty, LLC Brokerage Email: tasheana@hanzarealty.com License #RB14045896 Listed on: 06/08/2024

Last Buyer's Agent

Tyler Lingle

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1954

Lot Details

  • 7,013

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 1-Story Property
  • 7,013 Sq Ft Lot

Community Details

  • Paul Ruby Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 9
  • Assessor Parcel Number 491010129011000701
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1954
  • Lot Size Acres: 0.16
  • Subdivision Name: Paul Ruby
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: tasheana@hanzarealty.com
  • Attribution Contact: tasheana@hanzarealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7013
  • Parcel Number: 491010129011000701
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1920
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 5, 2024
Sold by
Cullen Aaron
Bought by
Panella Kevin
Seller's Agent
Tasheana Hanza
Hanza Realty, LLC
Buyer's Agent
Tyler Lingle
@properties
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
26
Current Estimated Value
$173,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,324
Avg. Annual Appreciation
-5.55%

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jun 27, 2024
Sold by
Cullen Aaron
Bought by
Panella Kevin
Seller's Agent
Tasheana Hanza
Hanza Realty, LLC
Buyer's Agent
Tyler Lingle
@properties
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
26

Purchase Details

Closed on
Dec 18, 2015
Sold by
Keen Property Group Llc
Bought by
Cullen Aaron

Purchase Details

Closed on
Jul 8, 2014
Sold by
Serviss Kathy L
Bought by
Tax Ease Florida Reo Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panella Kevin $180,000 Metropolitan Title
Panella Kevin -- Metropolitan Title
Cullen Aaron -- Mtc
Keen Property Group Llc -- Mtc
Tax Ease Florida Reo Llc $8,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $180,000 -2.7% $234 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $185,000 -- $241 / 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 $2,655 $107,500 $23,900 $83,600
2023 $2,655 $106,900 $23,900 $83,000
2022 $2,038 $81,300 $23,900 $57,400
2021 $1,982 $80,900 $23,900 $57,000
2020 $1,916 $77,800 $22,000 $55,800
2019 $1,935 $77,200 $22,000 $55,200
2018 $1,778 $70,000 $22,000 $48,000
2017 $1,498 $65,400 $22,000 $43,400
2016 $772 $62,800 $22,000 $40,800
2014 $1,297 $60,000 $22,000 $38,000
2013 $760 $59,400 $22,000 $37,400
Source: Public Records

Agents Affiliated with this Home

  • Tasheana Hanza

    Seller's Agent in 2024

    Tasheana Hanza

    Hanza Realty, LLC

    (317) 800-4438

    2 in this area

    123 Total Sales

    Tasheana Hanza
    Section Image

  • T

    Buyer's Agent in 2024

    Tyler Lingle

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21983999

MIBOR Broker Listing Cooperative®

APN: 49-10-10-129-011.000-701

Indiana Marion County Indianapolis 46219 Irvington

5520 E Rawles Terrace, Indianapolis, IN

Not Listed for Sale

MultiFamily

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