NOT LISTED FOR SALE

Estimated Value: $388,414

4 Beds
-- Bath
1,540 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2020

Last sale price $169,000 $110 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,007 / mo

About This Home

As of March 2020

CHECK OUT this hard to find and affordable 4-PLEX in the heart of MID-TOWN! Quad is in good shape and cash flowing. Newer windows, roof, and siding and 3 out of 4 units recently remodeled and occupied. One unit is vacant and needs work to make rent ready or occupied. Quad is located around the corner to RED LINE stop and close to ALL THE ACTION. Check the comps of other multi-unit and single-family homes nearby - THIS ONE IS A WINNER! The numbers work. *Appraised at $240k in December 2017. Showing only 558 Unit 1 (bottom unit). If further interest contact agent to view other units. Other units are remodeled. 558 Unit 1 needs work.

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC License #RB14042717 Listed on: 02/17/2020

Compass Indiana, LLC

Last Buyer's Agent

Candice Darring

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1920

Lot Details

  • 8,712

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot

Community Details

  • Marion Highlands Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for inshazard, insurance, lawncare, sewer, water
  • Assessor Parcel Number 490624119072000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$808

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Lot Size Acres: 0.2
  • Structure Type: Quadruplex
  • Subdivision Name: MARION HIGHLANDS
  • Inspection Warranties: Not Applicable
  • Property Description: CHECK OUT this hard to find and affordable 4-PLEX in the heart of MID-TOWN! Quad is in good shape and cash flowing. Newer windows, roof, and siding and 3 out of 4 units recently remodeled and occupied. One unit is vacant and needs work to make rent ready or occupied. Quad is located around the corner to RED LINE stop and close to ALL THE ACTION. Check the comps of other multi-unit and single-family homes nearby - THIS ONE IS A WINNER! The numbers work. *Appraised at $240k in December 2017. Showing only 558 Unit 1 (bottom unit). If further interest contact agent to view other units. Other units are remodeled. 558 Unit 1 needs work.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry,Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: On Street,Parking Lot,Unpaved

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490624119072000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 1
  • Lot Size: 0.20 AC

Green Features

  • Green Certification Y N: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 808
  • Semi Annual Property Tax Amt: 404
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

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
Feb 17, 2020
Closed on
Mar 13, 2020
Sold by
Bought by
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Candice Darring
F.C. Tucker Company
List Price
$169,900
Sold Price
$169,000
Premium/Discount to List
-$900
-0.53%
Current Estimated Value
$388,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,414
Original Mortgage
$126,750
Outstanding Balance
$110,563
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
-- Enterprise Title
-- --
-- --
-- Attorney
-- None Available
-- 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 $126,750
Previous Owner $250,000
Previous Owner $100,000
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
03/31/2020 03/31/20 Sold $169,000 -0.5% $110 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $169,900 -- $110 / 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 $11,053 $448,100 $49,900 $398,200
2024 $7,310 $465,800 $49,900 $415,900
2023 $7,310 $301,800 $49,900 $251,900
2022 $5,961 $246,600 $49,900 $196,700
2021 $5,343 $225,600 $45,400 $180,200
2020 $1,369 $52,800 $8,400 $44,400
2019 $1,391 $52,800 $8,400 $44,400
2018 $1,272 $47,400 $8,400 $39,000
2017 $1,079 $44,200 $8,400 $35,800
2016 $941 $38,600 $8,400 $30,200
2014 $778 $36,000 $8,400 $27,600
2013 $748 $36,000 $8,400 $27,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21693742

MIBOR Broker Listing Cooperative®

APN: 49-06-24-119-072.000-101

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