NOT LISTED FOR SALE

5911 W 25th St Indianapolis, IN 46224

-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Last Sold October 21, 2016

Last sale price $630,000

24 Days on Market

About This Home

As of October 2016

Wonderful opportunity for a qualified investor. Two 10-unit apartment buildings for sale. Two-story brick exterior. Great Speedway location, walk to shopping. There are 16 one bedroom apartments, and 4 studios. Easy to rent, very well maintained. Parking in rear. Fenced, paved lot. Quiet community which features a SECURED BUILDING that you access with your personal assigned code. Great investment!

Last Agent to Sell the Property

Carol Deokaran

RE/MAX Centerstone Listed on: 08/01/2016

RE/MAX Centerstone

Co-Listed By

Bob Lindgren

Lee and Associates License #RB14005117

Last Buyer's Agent

Darshan Soni

Market Street Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 1963

Lot Details

  • 0.4

Home Design

  • Brick Exterior Construction

Additional Features

  • 2-Story Property
  • 0.4 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for lawncare, taxes, sewer, trash collection, water
  • Assessor Parcel Number 490525105054000914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,920

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: ApartBldg
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1963
  • Co List Office Phone: 317-885-7777
  • Lot Size Acres: 0.4
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful opportunity for a qualified investor. Two 10-unit apartment buildings for sale. Two-story brick exterior. Great Speedway location, walk to shopping. There are 16 one bedroom apartments, and 4 studios. Easy to rent, very well maintained. Parking in rear. Fenced, paved lot. Quiet community which features a SECURED BUILDING that you access with your personal assigned code. Great investment!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Lawncare, Taxes, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 679000

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 57072

Lot Info

  • Parcel Number: 490525105054000914
  • Zoning: C2
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 2
  • Lot Size: 0.07

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 43450
  • Number Of Units Total: 20

Tax Info

  • Tax Annual Amount: 5920
  • Semi Annual Property Tax Amt: 2960
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

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

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $630,000 -7.2% --
08/26/2016 08/26/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $679,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21433406

MIBOR Broker Listing Cooperative®