NOT LISTED FOR SALE

5821 W 25th St Indianapolis, IN 46224

Estimated Value: $412,000 - $450,225

2 Beds
-- Bath
-- Sq Ft
0.4 Acres

Last Sold May 22, 2018

Last sale price $240,500

Est. 79% increase in value since last sale

Current estimated payment $3,015/month

About This Home

As of May 2018

Looking for an affordable investment opportunity in Speedway? Here is your chance to purchase four income producing apartments in one building at a great price. Each apartment has 2 bedrooms, 1 bath, living room, dining area, kitchen w/appliances included. Vacant unit has new all new flooring. It is also the smallest of the four units. 2 Units have been completely painted in the past 2 years. Each unit has a garage w/ opener & storage area. The building is on the bus route & within walking distance of grocery, restaurants, shopping center.

Last Agent to Sell the Property

Karen Welch

F.C. Tucker Company Listed on: 04/18/2018

F.C. Tucker Company

Last Buyer's Agent

Susan Ancona

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1960

Lot Details

  • 0.4

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Additional Features

  • 3-Story Property
  • 0.4 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, carpet cleaning, electricity, insurance
  • The owner pays for electricity, inshazard, insurance, taxes, sewer, trash collection, water
  • Assessor Parcel Number 490525105031000914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,056

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1960
  • Lot Size Acres: 0.402
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Quadruplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Looking for an affordable investment opportunity in Speedway? Here is your chance to purchase four income producing apartments in one building at a great price. Each apartment has 2 bedrooms, 1 bath, living room, dining area, kitchen w/appliances included. Vacant unit has new all new flooring. It is also the smallest of the four units. 2 Units have been completely painted in the past 2 years. Each unit has a garage w/ opener & storage area. The building is on the bus route & within walking distance of grocery, restaurants, shopping center.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Three Or More
  • Owner Pays: Electricity, InsHazard, Insurance, Insurance, Taxes, Sewer, Trash Collection, Water
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Driveway Concrete, Driveway Pavers
  • Foundation Details: Slab
  • List Price: 240500
  • Road Access: CityStreet
  • Interstate: Ramp<1Mi,Visible

Garage/Parking

  • Garage Spaces: 4
  • Carport Spaces: 1
  • Unit Parking: 1 Car Garage,Paved Area

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 460

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Parcel Number: 490525105031000914
  • Acres: 1/4-1/2 Acre
  • Lot Information: Busline,Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 2
  • Lot Size: 17,511

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Carpet Cleaning, Electricity, Insurance

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5056
  • Semi Annual Property Tax Amt: 2528
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 22, 2018
Sold by
Gonzales Ralph M
Seller's Agent
Karen Welch
F.C. Tucker Company
Buyer's Agent
Susan Ancona
F.C. Tucker Company
List Price
$240,500
Sold Price
$240,500
Current Estimated Value
$431,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,613
Avg. Annual Appreciation
7.95%
Source: Public Records

Range of Values:

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Average Value
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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
-- $240,500 --
Willis Trust $240,500 Stewart Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $240,500 0.0% --
04/19/2018 04/19/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $240,500 -- --
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 $7,997 $517,000 $31,300 $485,700
2023 $7,997 $317,300 $23,500 $293,800
2022 $7,479 $295,700 $23,500 $272,200
2021 $5,842 $230,900 $21,300 $209,600
2020 $5,561 $222,200 $21,300 $200,900
2019 $5,338 $213,000 $21,300 $191,700
2018 $5,374 $213,000 $21,300 $191,700
2017 $5,281 $210,600 $21,300 $189,300
2016 $5,056 $203,200 $21,300 $181,900
2014 $5,081 $205,900 $21,300 $184,600
2013 $5,099 $205,900 $21,300 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21559131

MIBOR Broker Listing Cooperative®

APN: 49-05-25-105-031.000-914