$122,000
SOLD FEB 27, 2025

558 Eastern Ave Indianapolis, IN 46201

Near Eastside Neighborhood
4 Beds
2 Baths
1,078 Sq Ft
2,657 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

10% Below List Price

52 Days on Market

About This Home

As of February 2025

2 level traditional duplex with excellent investment potential. This duplex sits on a desirable corner lot and includes 2 bedrooms per side. This is an excellent investment area and will make an excellent investment.

Last Agent to Sell the Property

Daniel Witte

Witte Realty Group LLC Brokerage Email: dwitte@witterealtygroup.com License #RB14039476 Listed on: 10/18/2024

Last Buyer's Agent

Metrie Shaw

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1912

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 2,657 Sq Ft Lot
  • Basement

Community Details

  • Holtman & Topps Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 491005153039000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1912
  • Lot Size Acres: 0.06
  • Subdivision Name: Holtman & Topps
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: dwitte@witterealtygroup.com
  • Attribution Contact: dwitte@witterealtygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Disclosures: BankOwned
  • Road Access: Not Applic

Utilities

  • Cooling: None
  • Solid Waste: Yes

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 2657
  • Parcel Number: 491005153039000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1978
  • Tax Lot: 45
  • Semi Annual Property Tax Amt: 989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 24, 2025
Sold by
Vrmtg Asset Trust and Us Bank Trust National Association
Bought by
Indibaisel Llc-S and 558 Eastern Series Llc
Seller's Agent
Daniel Witte
Witte Realty Group LLC
Buyer's Agent
Metrie Shaw
Compass Indiana, LLC
List Price
$134,900
Sold Price
$122,000
Premium/Discount to List
-$12,900
-9.56%
Views
84
Current Estimated Value
$131,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,828
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Sep 24, 2024
Sold by
Sheriff Of Marion County State Of Indian
Bought by
Vrmtg Asset Trust and Us Bank Trust
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 Type Sale Price Title Company
Special Warranty Deed $122,000 None Listed On Document
Sheriffs Deed $51,388 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $122,000 -2.4% $113 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $125,000 -7.3% $116 / Sq Ft
10/18/2024 10/18/24 For Sale $134,900 -- $125 / 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 $2,537 $87,900 $16,200 $71,700
2023 $2,537 $83,400 $16,200 $67,200
2022 $2,390 $80,800 $16,200 $64,600
2021 $2,525 $71,500 $16,200 $55,300
2020 $1,584 $64,600 $1,600 $63,000
2019 $1,500 $59,900 $1,600 $58,300
2018 $1,199 $46,800 $1,600 $45,200
2017 $1,061 $45,700 $1,600 $44,100
2016 $820 $35,100 $1,600 $33,500
2014 $609 $28,400 $1,600 $26,800
2013 $588 $28,400 $1,600 $26,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Daniel Witte

    Witte Realty Group LLC

    (317) 752-3330

    3 in this area

    123 Total Sales

    Daniel Witte
    Section Image

  • M

    Buyer's Agent in 2025

    Metrie Shaw

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22007606

MIBOR Broker Listing Cooperative®

APN: 49-10-05-153-039.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

558 Eastern Ave, Indianapolis, IN

Sold

MultiFamily

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