NOT LISTED FOR SALE

59 N 5th Ave Beech Grove, IN 46107

Estimated Value: $206,000 - $213,477

5 Beds
-- Bath
1,084 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $211,000 $195 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,504/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2024

Discover immediate income potential with this Beech Grove duplex, already tenanted! Each unit features 2 bedrooms and 1 bath, offering comfortable living close to popular eateries, coffee shops, and parks. Recent updates enhance appeal, including interior and exterior fresh paint & new carpet. Both sides with updated kitchens and bathrooms! Additionally, the property boasts separate & fully fenced backyards, & a 2-car garage with a new overhead door. Central air added at 59 N 5th. Perfect for investors seeking a turnkey rental opportunity in a desirable location. Don't miss out on this well-maintained income-producing gem!

Last Agent to Sell the Property

Molly Hadley

F.C. Tucker Company Brokerage Email: mollyhadley@talktotucker.com License #RB14040767 Listed on: 06/19/2024

F.C. Tucker Company

Last Buyer's Agent

Joshua Carpenter

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,536

Year Built

  • Built in 1924

Lot Details

  • 5,314 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for lawncare
  • Tax Lot 28
  • Assessor Parcel Number 491028139031000502
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,536

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1924
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Beech Grove
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 105500
  • MBR_AttributionContact: mollyhadley@talktotucker.com
  • Multi Rooms: 6
  • Attribution Contact: mollyhadley@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Lawncare
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Vinyl Siding
  • Direction Faces: West
  • Fencing: Partial
  • Foundation Details: Crawl Space
  • List Price: 225000
  • View Y N: No
  • Waterfront: No
  • Road Access: Street Cuts

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Curbs, Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5314
  • Parcel Number: 491028139031000502
  • Acres: <1/4 Acre
  • Price Acre: 1758333

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4536
  • Tax Lot: 28
  • Semi Annual Property Tax Amt: 2268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 2, 2024
Sold by
Mcnulty Patrick M and Mcnulty Jennifer C
Bought by
Sandhu Legacy Llc
Seller's Agent
Molly Hadley
F.C. Tucker Company
Buyer's Agent
Joshua Carpenter
Trueblood Real Estate
List Price
$225,000
Sold Price
$211,000
Premium/Discount to List
-$14,000
-6.22%
Views
7
Current Estimated Value
$209,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,841
Avg. Annual Appreciation
-1.06%

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 18, 2022
Sold by
Xiaoli Zhong
Bought by
Mcnulty Patrick M and Mcnulty Jennifer C
Seller's Agent
Yajing Liu
L.Phoenix Realty LLC
Buyer's Agent
Molly Hadley
F.C. Tucker Company
Sold Price
$181,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$135,959
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 11, 2022
Sold by
Zhong Xiaoli
Bought by
Mcnulty Patrick M and Mcnulty Jennifer C
Seller's Agent
Yajing Liu
L.Phoenix Realty LLC
Buyer's Agent
Molly Hadley
F.C. Tucker Company
Sold Price
$181,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,959
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 7, 2022
Sold by
Xiaoli Zhong
Bought by
Mcnulty Patrick M and Mcnulty Jennifer C
Seller's Agent
Yajing Liu
L.Phoenix Realty LLC
Buyer's Agent
Molly Hadley
F.C. Tucker Company
Sold Price
$181,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,959
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2016
Closed on
Mar 17, 2017
Sold by
James D
Bought by
Zhong Xiaoli
Seller's Agent
J.D. Holly
Assist-2-Sell
Buyer's Agent
Spencer Beaman
Edenbridge, LLC
List Price
$89,900
Sold Price
$91,400
Premium/Discount to List
$1,500
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%
Original Mortgage
$68,550
Interest Rate
4.15%
Mortgage Type
New Conventional
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
Sandhu Legacy Llc $211,000 Enterprise Title
Mcnulty Patrick M -- Hall Render Killian Heath & Ly
Mcnulty Patrick M -- None Listed On Document
Mcnulty Patrick M $181,279 Hall Render Killian Heath & Ly
Zhong Xiaoli $91,400 --
Zhong Xiaoli $91,400 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnulty Patrick M $135,959
Previous Owner Mcnulty Patrick M $135,959
Previous Owner Mcnulty Patrick M $135,959
Previous Owner Zhong Xiaoli $68,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $211,000 -6.2% $195 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $225,000 +24.1% $208 / Sq Ft
01/10/2022 01/10/22 Sold $181,279 0.0% $167 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/10/2021 12/10/21 For Sale -- -- --
12/07/2021 12/07/21 Off Market $181,279 -- --
12/06/2021 12/06/21 For Sale -- -- --
11/13/2021 11/13/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $204,990 0.0% $189 / Sq Ft
08/23/2018 08/23/18 Rented $725 0.0% --
08/13/2018 08/13/18 Under Contract -- -- --
08/01/2018 08/01/18 For Rent $725 0.0% --
04/03/2017 04/03/17 Sold $91,400 0.0% $84 / Sq Ft
02/14/2017 02/14/17 Off Market $91,400 -- --
02/01/2017 02/01/17 Price Changed $89,900 0.0% $83 / Sq Ft
02/01/2017 02/01/17 For Sale $89,900 -1.6% $83 / Sq Ft
11/01/2016 11/01/16 Off Market $91,400 -- --
09/23/2016 09/23/16 For Sale $92,000 +0.7% $85 / Sq Ft
09/17/2016 09/17/16 Off Market $91,400 -- --
09/16/2016 09/16/16 For Sale $92,000 +0.7% $85 / Sq Ft
08/22/2016 08/22/16 Off Market $91,400 -- --
08/22/2016 08/22/16 For Sale $92,000 -- $85 / 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 $4,797 $193,700 $17,000 $176,700
2023 $4,797 $172,000 $17,000 $155,000
2022 $4,537 $158,600 $17,000 $141,600
2021 $4,314 $134,100 $17,000 $117,100
2020 $3,675 $120,900 $17,000 $103,900
2019 $2,942 $117,300 $14,000 $103,300
2018 $2,464 $101,800 $14,000 $87,800
2017 $2,515 $100,500 $14,000 $86,500
2016 $2,410 $97,300 $14,000 $83,300
2014 $2,068 $88,000 $14,000 $74,000
2013 $1,807 $78,000 $14,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21983131

MIBOR Broker Listing Cooperative®

APN: 49-10-28-139-031.000-502