554 W 28th St Indianapolis, IN 46208
Near Northwest Riverside NeighborhoodEstimated Value: $156,375
6
Beds
--
Bath
1,372
Sq Ft
$114/Sq Ft
Est. Value
About This Home
As of April 2024Great Investment opportunity. Welcome to this charming two-story duplex house, offering comfortable living spaces and a convenient layout, perfect for those seeking a cozy yet spacious home. Situated in a well-established neighborhood, this property boasts a total of six bedrooms, with three bedrooms on each side, providing ample space for families or individuals alike. The main floor of each unit features an inviting living room space, ideal for relaxation and entertainment. Large windows flood the space with natural light, creating a warm and inviting atmosphere. This home is waiting for you to add your finishing touches! Come and see today!
Last Agent to Sell the Property
Keller Williams Indy Metro S Brokerage Email: sasmith@kw.com License #RB14021668 Listed on: 03/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,558
Year Built
- Built in 1937
Lot Details
- 5,140
Home Design
- Duplex
- Block Foundation
Additional Features
- 2-Story Property
- 5,140 Sq Ft Lot
- Forced Air Heating System
- Unfinished Basement
Community Details
- Edwards Northwestern Park Subdivision
Listing and Financial Details
- Tax Lot 3512/3
- Assessor Parcel Number 490626126042000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2021
Sold by
Terra Property Qoz Fund Ii Llc
Bought by
631 E 3Rd St Investment Llc
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 2021
Sold by
Rei Development Group Llc
Bought by
Terra Property Qoz Fund Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 1, 2021
Sold by
Mjg Real Estate Llc
Bought by
Rei Development Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 19, 2021
Sold by
Dh Homes Indiana Llc
Bought by
Mjg Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 13, 2021
Sold by
Rei Development Group Llc
Bought by
Terra Property Qoz Fund Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2021
Sold by
Dh Homes Indiana Llc
Bought by
Mjg Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,000
Outstanding Balance
$1,441,607
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 17, 2017
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
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2017
Sold by
Lawrence Izola and Lawrence Cleotha
Bought by
Oceanpointe Investments Ltd
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
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2017
Sold by
Lawrence Izola
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
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Lawrence Izola and Lawrence Cleotha
Purchase Details
Closed on
Mar 28, 2008
Sold by
Davis Steve L and State Of Indiana
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Oct 12, 2006
Sold by
Tjf Properties Llc
Bought by
Davis Steve L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2006
Sold by
Deutsche Bank National Trust Company
Bought by
Tjf Properties
Purchase Details
Closed on
Jun 5, 2006
Sold by
Combs Dosha V
Bought by
Deutsche Bank National Trust Co
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 631 E 3Rd St Investment Llc | $220,000 | None Available | |
| Terra Property Qoz Fund Ii Llc | -- | None Listed On Document | |
| Rei Development Group Llc | -- | None Listed On Document | |
| Mjg Real Estate Llc | -- | None Listed On Document | |
| Terra Property Qoz Fund Ii Llc | $97,600 | None Available | |
| Rei Development Group Llc | $97,600 | None Available | |
| Mjg Real Estate Llc | $90,600 | None Available | |
| -- | $55,000 | -- | |
| Dh Homes Indiana Llc | $55,000 | Paramount Title Agency | |
| Oceanpointe Investments Ltd | -- | -- | |
| -- | $24,000 | -- | |
| Lawrence Izola | -- | None Available | |
| Deutsche Bank National Trust Company | $17,000 | None Available | |
| Davis Steve L | -- | None Available | |
| Tjf Properties | -- | None Available | |
| Deutsche Bank National Trust Co | $35,100 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 631 E 3Rd St Investment Llc | $1,564,000 | |
| Closed | 631 East 3Rd Street Investment | $1,564,000 | |
| Previous Owner | Oceanpointe Investments Ltd | $40,000 | |
| Previous Owner | Davis Steve L | $76,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $159,000 | -0.6% | $116 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 03/28/2024 03/28/24 | For Sale | $160,000 | 0.0% | $117 / Sq Ft |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $160,000 | -- | $117 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2021 | $1,609 | $67,500 | $3,500 | $64,000 |
| 2020 | $1,424 | $61,500 | $3,500 | $58,000 |
| 2019 | $951 | $60,300 | $3,500 | $56,800 |
| 2018 | $1,383 | $56,100 | $3,500 | $52,600 |
| 2017 | $1,138 | $51,500 | $3,500 | $48,000 |
| 2016 | $1,055 | $49,100 | $3,500 | $45,600 |
| 2014 | $1,014 | $46,900 | $3,500 | $43,400 |
| 2013 | $1,086 | $49,300 | $3,500 | $45,800 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Smith
Seller's Agent in 2024
Scott Smith
Keller Williams Indy Metro S
(317) 884-5000
1 in this area
775 Total Sales
-
Basim Najeeb
Buyer's Agent in 2024
Basim Najeeb
Keller Williams Indy Metro S
(317) 657-2442
1 in this area
270 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21969855
APN: 49-06-26-126-042.000-101
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