NOT LISTED FOR SALE

5848 Primrose Ave Indianapolis, IN 46220

Canterbury-Chatard Neighborhood

Estimated Value: $253,000 - $309,000

2 Beds
1 Bath
1,288 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $197,500 $153 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,932/month

4 Days on Market

About This Home

As of May 2018

Updated DBL in heart of Broad Ripple w/both sides rented. Both sim size & layout w/ hdwds & nice rm sizes. Each has its own driveway, entrance, separate Bsmt & separate fenced yd for good appeal. Tenants pay all util. Nice street of single fam homes & great Broad Ripple loc, EZ to rent w/only sign in yard. Good cond w/$ 30,000 in updates last 5 yrs incl new roof (2016) & siding. 1st show is 5848 side only & next day notice req due to pet. Tenants rights on 5850, one year lease. SOLD "as is". Buyer(s) may do any and all inspections but no repairs will be made.

Last Agent to Sell the Property

Alexander Mirkin

Mirkin Real Estate Svc, LLC License #RB14037026 Listed on: 04/28/2018

Last Buyer's Agent

Loretta Broeking

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1941

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Ranch Style House
  • Bungalow
  • Vinyl Construction Material

Community Details

  • Maple Lawn Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, insurance, all utilities
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 490706109211000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1941
  • Lot Size Acres: 0.13
  • Subdivision Name: MAPLE LAWN
  • Inspection Warranties: Other
  • Property Description: Updated DBL in heart of Broad Ripple w/both sides rented. Both sim size & layout w/ hdwds & nice rm sizes. Each has its own driveway, entrance, separate Bsmt & separate fenced yd for good appeal. Tenants pay all util. Nice street of single fam homes & great Broad Ripple loc, EZ to rent w/only sign in yard. Good cond w/$ 30,000 in updates last 5 yrs incl new roof (2016) & siding. 1st show is 5848 side only & next day notice req due to pet. Tenants rights on 5850, one year lease. SOLD "as is". Buyer(s) may do any and all inspections but no repairs will be made.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One, Basement
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Insurance Expenses: 600

Lot Info

  • Parcel Number: 490706109211000801
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 69
  • Lot Size: 50X121

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance, All Utilities

Multi Family

  • Net Operating Income: 16158

Tax Info

  • Tax Annual Amount: 2542
  • Semi Annual Property Tax Amt: 1271
  • Tax Exemption: None

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2018
Closed on
May 31, 2018
Bought by
Natywa Daniel A and Martinez Marco A
Seller's Agent
Alexander Mirkin
Mirkin Real Estate Svc, LLC
Buyer's Agent
Loretta Broeking
CENTURY 21 Scheetz
List Price
$199,900
Sold Price
$197,500
Premium/Discount to List
-$2,400
-1.2%
Current Estimated Value
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,500
Avg. Annual Appreciation
4.87%
Original Mortgage
$142,500
Outstanding Balance
$123,239
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$157,761

Purchase Details

Closed on
Sep 13, 2012
Sold by
Mirkin Laurita P
Bought by
Rental Homes Indy Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
Bartus David E
Bought by
Mirkin Laurita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,175
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
D & B Properties Llc
Bought by
Bartus David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Natywa Daniel A $197,500 --
Natywa Daniel A $197,500 Ata National Title Group Of
Rental Homes Indy Llc -- None Available
Mirkin Laurita P -- Landmark Title Co Inc
Bartus David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natywa Daniel A $142,500
Previous Owner Mirkin Laurita P $89,175
Previous Owner Bartus David E $117,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $197,500 -1.2% $153 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $199,900 -- $155 / 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 $5,540 $228,500 $33,600 $194,900
2023 $5,540 $228,500 $33,600 $194,900
2022 $5,662 $228,500 $33,600 $194,900
2021 $5,064 $214,500 $25,900 $188,600
2020 $4,938 $208,300 $25,900 $182,400
2019 $4,907 $203,100 $25,900 $177,200
2018 $3,420 $138,900 $25,900 $113,000
2017 $2,674 $120,800 $25,900 $94,900
2016 $2,642 $122,000 $25,900 $96,100
2014 $2,653 $122,700 $25,900 $96,800
2013 $2,775 $122,000 $25,900 $96,100
Source: Public Records

Agents Affiliated with this Home

  • Alexander Mirkin

    Seller's Agent in 2018

    Alexander Mirkin

    Mirkin Real Estate Svc, LLC

    (317) 946-1444

    27 Total Sales

    Alexander Mirkin
    Section Image

  • L

    Buyer's Agent in 2018

    Loretta Broeking

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21559309

MIBOR Broker Listing Cooperative®

APN: 49-07-06-109-211.000-801

Indiana Marion County Indianapolis 46220 Canterbury-Chatard

5848 Primrose Ave, Indianapolis, IN

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