$125,000
SOLD FEB 24, 2025
6 Beds
4 Baths
1,268 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

4% Above List Price

2 Days on Market

About This Home

As of February 2025

Discover the potential in this two-unit duplex, offering an ideal investment opportunity for those looking to maximize returns. With a bit of TLC, vision and investment, this duplex can be transformed into a great opportunity. Don't miss out-schedule a viewing today and bring your ideas to life!

Last Agent to Sell the Property

Denis O'Brien

Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB14047311 Listed on: 01/30/2025

Keller Williams Indy Metro S

Co-Listed By

Shelby Keller

Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB21000992

Last Buyer's Agent

Alex Montagano

eXp Realty, LLC License #RB14051484

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Home Design

  • Duplex
  • Traditional Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Thomas D Gregg School 15 Elementary School
  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Basement

Community Details

  • Lewis & Cos Arsenal Height Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 491006129075000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1900
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Lewis & Cos Arsenal Height
  • Transaction Type: Sale
  • Website: www.isgpropertycollection.com
  • Conversion: No
  • Price Unit: 62500
  • MBR_AttributionContact: denisobrien.kw@gmail.com
  • Attribution Contact: denisobrien.kw@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 120000
  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5227
  • Parcel Number: 491006129075000101
  • Acres: <1/4 Acre
  • Price Acre: 1041667

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3498
  • Tax Lot: 22
  • Semi Annual Property Tax Amt: 1749

MLS Schools

  • Elementary School: Thomas D Gregg School 15
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Feb 24, 2025
Sold by
Ervin Carolyn S
Bought by
Inmay Llc
Seller's Agent
Denis O'Brien
Keller Williams Indy Metro S
Buyer's Agent
Alex Montagano
eXp Realty, LLC
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%
Total Days on Market
2
Views
20
Current Estimated Value
$177,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,077
Avg. Annual Appreciation
281.71%
Original Mortgage
$215,900
Outstanding Balance
$198,482
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
-$21,405
Source: Public Records

Similar Home in Indianapolis, IN

  • 1122 Finley Ave, Indianapolis, IN 46203

    $135,000

    • 4 Beds
    • 3 Baths
    • 1122 Finley Ave
    • Indianapolis, IN

    3-unit triplex that is a blank slate for your income producing property. This triplex is currently set up as a 1 bed unit, studio unit, and a 2-bedroom unit. Located in an area of high comps. Great opportunity for instant sweat equity or a house hack. Possible seller financing.

    Scott Wynkoop Wynkoop Brokerage Firm, LLC

    Section Image

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 Type Sale Price Title Company
Personal Reps Deed $125,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $125,000 +4.2% $99 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $120,000 -- $95 / 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 $3,619 $155,100 $34,000 $121,100
2023 $3,619 $147,500 $34,000 $113,500
2022 $3,497 $143,100 $34,000 $109,100
2021 $3,048 $127,100 $34,000 $93,100
2020 $2,622 $108,300 $2,200 $106,100
2019 $2,480 $100,300 $2,200 $98,100
2018 $1,976 $78,300 $2,200 $76,100
2017 $1,733 $76,500 $2,200 $74,300
2016 $1,325 $58,600 $2,200 $56,400
2014 $1,023 $47,300 $2,200 $45,100
2013 $983 $47,300 $2,200 $45,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22019750

MIBOR Broker Listing Cooperative®

APN: 49-10-06-129-075.000-101