NOT LISTED FOR SALE

Estimated Value: $181,000 - $257,152

2 Beds
-- Bath
864 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $200,000 $231 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,553/month

6 Days on Market

About This Home

As of August 2021

Great opportunity to own an income generating 2-unit duplex (5746 E. 18th is included on lot) in a quiet Warren Township community. Large corner lot with mature trees! Each unit has 2 bedrooms, 1 bath, and an attached, oversized 1-car garage with storage space. Both units have walk-in closets in the bedrooms and family room, newer interior doors, flooring, bathrooms, paint, light fixtures, and electrical updates. Easy access to I-70/I-465 and just minutes from historic Irvington and downtown Indianapolis. If you've been considering an investment property, you need to see this one!

Last Agent to Sell the Property

James Haynes

CENTURY 21 Scheetz License #RB20001708 Listed on: 08/03/2021

CENTURY 21 Scheetz

Co-Listed By

Jennifer Rumbaoa

Circle Real Estate License #RB16000974

Last Buyer's Agent

Dan Huber

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Cement Siding

Community Details

  • Arlington Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 490734140087000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1984
  • Co List Office Phone: 317-844-5111
  • Lot Size Acres: 0.28
  • Structure Type: Duplex
  • Subdivision Name: ARLINGTON HEIGHTS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 189900

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490734140087000701
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner
  • Lot Number: 40
  • Lot Size: 134x91

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1162
  • Semi Annual Property Tax Amt: 581
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Lel Home Services Llc
Bought by
Generational Property Llc
Current Estimated Value
$219,038

Purchase Details

Listed on
Aug 3, 2021
Closed on
Aug 25, 2021
Sold by
Seals Taylor
Bought by
Lel Home Services Llc
Seller's Agent
James Haynes
CENTURY 21 Scheetz
Buyer's Agent
Dan Huber
CENTURY 21 Scheetz
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Listed on
May 2, 2014
Closed on
Feb 26, 2015
Sold by
Owens Barry A
Bought by
Seals Taylor
Seller's Agent
Emily Bowman
Berkshire Hathaway Home
Buyer's Agent
Shanna Cheatham
F.C. Tucker Company
List Price
$115,000
Sold Price
$92,000
Premium/Discount to List
-$23,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$90,333
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Generational Property Llc -- None Listed On Document
Lel Home Services Llc $200,000 Landquest Title
Seals Taylor -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seals Taylor $90,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $200,000 +5.3% $231 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $189,900 +106.4% $220 / Sq Ft
02/26/2015 02/26/15 Sold $92,000 -20.0% $106 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $115,000 -- $133 / 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 $4,306 $174,800 $15,200 $159,600
2023 $4,306 $175,700 $15,200 $160,500
2022 $3,111 $126,000 $15,200 $110,800
2021 $1,386 $89,700 $12,900 $76,800
2020 $1,293 $114,500 $10,100 $104,400
2019 $1,859 $116,300 $10,100 $106,200
2018 $1,661 $102,300 $10,100 $92,200
2017 $1,359 $93,300 $10,100 $83,200
2016 $820 $88,500 $10,100 $78,400
2014 $1,546 $71,500 $10,100 $61,400
2013 $509 $70,500 $10,100 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21800209

MIBOR Broker Listing Cooperative®

APN: 49-07-34-140-087.000-701