NOT LISTED FOR SALE

5602 & 5604 E 24th St Indianapolis, IN 46218

Eastside Neighborhood

Estimated Value: $175,000 - $190,088

2 Beds
1 Bath
-- Sq Ft
9,278 Sq Ft Lot

Last Sold June 02, 2023

Last sale price $169,900

Est. 8% increase in value since last sale

Current estimated payment $1,092/month

3 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Forced Air Heating System
  • Ranch Style House
  • Laundry Room

About This Home

As of June 2023

Nice, well maintained, all brick double. It has 2 bedroom and one full bath on each side. Roof is only 6 years old and windows are 10. Separate utilities for each unit. Both sides currently rented.

Last Agent to Sell the Property

Derrick Johnson

Ladd Realty, LLC License #RB14036067 Listed on: 05/08/2023

Last Buyer's Agent

Derrick Johnson

Ladd Realty, LLC License #RB14036067 Listed on: 05/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 9,278 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, insurance
  • The owner pays for no utilities, taxes
  • Tax Lot 49-07-27-105-040.000-701
  • Assessor Parcel Number 490727105040000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1966
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: djohnsonindy12@yahoo.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: No Utilities, Taxes
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick
  • Direction Faces: South
  • Foundation Details: Brick
  • List Price: 159900
  • Property Condition: Updated/Remodeled
  • Road Access: Access Rd

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Room
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Corner Lot, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 9278
  • Parcel Number: 490727105040000701
  • Zoning: ZO01
  • Acres: <1/4 Acre
  • Price Acre: 809047.619047619

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Insurance

Multi Family

  • Gross Income: 1160
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 894
  • Tax Lot: 49-07-27-105-040.000-701
  • Semi Annual Property Tax Amt: 447
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 30, 2023
Sold by
Clayton Martin
Bought by
Coffer Tiffany
Seller's Agent
Derrick Johnson
Ladd Realty, LLC
Buyer's Agent
Derrick Johnson
Ladd Realty, LLC
List Price
$159,900
Sold Price
$169,900
Premium/Discount to List
$10,000
6.25%
Views
74
Current Estimated Value
$184,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,129
Avg. Annual Appreciation
3.37%
Original Mortgage
$157,003
Outstanding Balance
$153,102
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$30,927

Purchase Details

Listed on
May 8, 2023
Closed on
May 31, 2023
Sold by
Rucker Rowena and Clayton Martin
Bought by
Clayton Martin
Seller's Agent
Derrick Johnson
Ladd Realty, LLC
Buyer's Agent
Derrick Johnson
Ladd Realty, LLC
List Price
$159,900
Sold Price
$169,900
Premium/Discount to List
$10,000
6.25%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Outstanding Balance
$153,102
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$30,927

Purchase Details

Closed on
Aug 28, 2015
Sold by
Clayton Frances L
Bought by
Clayton Martin and Clayton Frances L

Purchase Details

Closed on
May 21, 2009
Sold by
Clayton Martin and Clayton Sheila
Bought by
Clayton Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2007
Sold by
Homecomings Financial Llc
Bought by
Clayton Martin and Clayton Sheila

Purchase Details

Closed on
Jun 1, 2006
Sold by
First Indiana Bank Na
Bought by
Homecomings Financial Network Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coffer Tiffany $159,900 First American Title
Martin Clayton $159,900 American Title Service Agency
Clayton Martin -- American Title Service Agency
Clayton Martin -- None Available
Clayton Frances L -- Title Solutions Plus Corp
Clayton Martin -- None Available
Homecomings Financial Network Inc $59,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffer Tiffany $157,003
Previous Owner Clayton Frances L $73,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $169,900 +6.3% --
05/12/2023 05/12/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $159,900 -- --
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 $1,522 $152,400 $6,200 $146,200
2023 $1,522 $120,200 $6,200 $114,000
2022 $1,045 $84,800 $6,200 $78,600
2021 $1,027 $85,000 $6,200 $78,800
2020 $1,008 $83,500 $6,300 $77,200
2019 $1,014 $82,500 $6,300 $76,200
2018 $895 $72,500 $6,300 $66,200
2017 $747 $65,700 $6,300 $59,400
2016 $994 $67,500 $6,300 $61,200
2014 $1,325 $61,300 $6,300 $55,000
2013 $1,258 $60,500 $6,300 $54,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Derrick Johnson

    Ladd Realty, LLC

    (317) 840-3847

    1 in this area

    62 Total Sales

    Derrick Johnson
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21919760

MIBOR Broker Listing Cooperative®

APN: 49-07-27-105-040.000-701

Indiana Marion County Indianapolis 46218 Eastside

5602 & 5604 E 24th St, Indianapolis, IN

This home is located at 5602 & 5604 E 24th St, Indianapolis, IN 46218 since 08 May 2023 and is currently estimated at $184,029. This property was built in 1966. 5602 & 5604 E 24th St is a home located in Marion County with nearby schools including Arlington Woods Elementary School No. 99, Thomas D. Gregg School No. 15, and Washington Irving School 14.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes