NOT LISTED FOR SALE

58 E Southern Ave Indianapolis, IN 46225

Garfield Park Neighborhood

Estimated Value: $156,000 - $182,000

3 Beds
-- Bath
570 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $25,000 $44 Per Sq Ft

Est. 576% increase in value since last sale

Current estimated payment $1,193/month

41 Days on Market

About This Home

As of November 2015

Awesome investment property in a great area. Both sides of this duplex have 1 BR 1 BA and a basement. One side is recently vacant and will remain available for showings. Laundry connections in the basement. Unit 1 is 58 E Southern. Unit 2 is 2560 Pennsylvania St.

Last Agent to Sell the Property

Shawn Baumgartner

Crossroads Real Estate Group LLC Listed on: 09/28/2015

Co-Listed By

Douglas Zobel

Carpenter, REALTORS® License #RB14035491

Last Buyer's Agent

Daniel Shine

Shine Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 9,670

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement

Community Details

  • Shrewburys Worthus Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, all utilities
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 491124101016000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1923
  • Co List Office Phone: 317-881-8100
  • Road Frontage Type: City Street
  • Subdivision Name: SHREWBURYS WORTHUS ADD
  • Inspection Warranties: Not Applicable
  • Property Description: Awesome investment property in a great area. Both sides of this duplex have 1 BR 1 BA and a basement. One side is recently vacant and will remain available for showings. Laundry connections in the basement. Unit 1 is 58 E Southern. Unit 2 is 2560 Pennsylvania St.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One, Basement
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1140
  • Laundry: ConnAll

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 45000
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491124101016000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Corner
  • Lot Number: 23
  • Lot Size: 9670

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 982
  • Semi Annual Property Tax Amt: 491
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Nov 16, 2015
Sold by
Stanley Kenneth D and Stanley Patricia L
Bought by
33 Church Llp
Seller's Agent
Shawn Baumgartner
Crossroads Real Estate Group LLC
Buyer's Agent
Daniel Shine
Shine Realty, LLC
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Current Estimated Value
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,000
Avg. Annual Appreciation
22.30%
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
33 Church Llp -- Security Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $25,000 -44.4% $44 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $45,000 -- $79 / 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 $3,264 $129,900 $32,300 $97,600
2023 $3,264 $133,900 $32,300 $101,600
2022 $3,375 $139,300 $32,300 $107,000
2021 $2,878 $121,100 $32,300 $88,800
2020 $2,669 $111,700 $32,300 $79,400
2019 $1,268 $50,300 $7,500 $42,800
2018 $1,277 $50,300 $7,500 $42,800
2017 $1,069 $46,700 $7,500 $39,200
2016 $987 $43,900 $7,500 $36,400
2014 $832 $38,500 $7,500 $31,000
2013 $800 $38,500 $7,500 $31,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shawn Baumgartner

    Crossroads Real Estate Group LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Douglas Zobel

    Carpenter, REALTORS®

    (317) 771-2458

    24 Total Sales

    Douglas Zobel
    Section Image

  • D

    Buyer's Agent in 2015

    Daniel Shine

    Shine Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21378979

MIBOR Broker Listing Cooperative®

APN: 49-11-24-101-016.000-101

Indiana Marion County Indianapolis 46225 Garfield Park

58 E Southern Ave, Indianapolis, IN

This home is located at 58 E Southern Ave, Indianapolis, IN 46225 since 28 September 2015 and is currently estimated at $169,000, approximately $296 per square foot. This property was built in 1923. 58 E Southern Ave is a home located in Marion County with nearby schools including Daniel Webster School 46, Arsenal Technical High School, and George Washington Community High School (9-12).

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.

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