NOT LISTED FOR SALE

Estimated Value: $716,000 - $1,228,658

4 Beds
3 Baths
3,562 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $377,000 $106 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,873/month

5 Days on Market

About This Home

As of August 2019

Beautiful all brick apartment in historic Irvington! All 8 units have their own separate HVAC system and separately metered electric service. Many other updates have been done to the building, including installation of a new roof (2018). The building has off-street parking in the back, coin operated laundry, original hardwoods in all units, and maintains a high occupancy!

Last Agent to Sell the Property

Joshua Bangert

Hidalgo Group, LLC License #RB14034711 Listed on: 07/02/2019

Last Buyer's Agent

Sue Miller

RE/MAX Realty Group

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1928

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 2-Story Property
  • 0.29 Acre Lot
  • Basement

Community Details

  • Elstuns Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for gas, insurance, lawncare, taxes, trash collection, water
  • Assessor Parcel Number 491003124009000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Multi-Level, Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1928
  • Lot Size Acres: 0.286
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: ELSTUNS
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful all brick apartment in historic Irvington! All 8 units have their own separate HVAC system and separately metered electric service. Many other updates have been done to the building, including installation of a new roof (2018). The building has off-street parking in the back, coin operated laundry, original hardwoods in all units, and maintains a high occupancy!
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Gas, Insurance, Lawncare, Taxes, Trash Collection, Water
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block, Full
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Parking Lot
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 0
  • HVAC: Separate HVAC system/unit

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 491003124009000701
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Alley,Access Street,Busline,Sidewalks,Street Lights
  • Lot Number: 2
  • Lot Size: 12,458

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Tax Info

  • Tax Annual Amount: 2720
  • Semi Annual Property Tax Amt: 1360
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2008
Sold by
Bosway Michael E and Bosway Elizabeth S
Bought by
Born Lawrence J and Born Elizabeth H
Current Estimated Value
$953,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.32%
Mortgage Type
Unknown
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
Born Lawrence J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Born Lawrence J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2019 08/15/19 Sold $377,000 +0.5% $106 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $375,000 +114.3% $105 / Sq Ft
02/10/2017 02/10/17 Sold $175,000 0.0% $49 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $175,000 0.0% $49 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $175,000 -- $49 / 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 $10,556 $881,200 $260,300 $620,900
2023 $10,556 $851,900 $260,300 $591,600
2022 $9,898 $851,900 $260,300 $591,600
2021 $9,828 $810,100 $202,000 $608,100
2020 $9,369 $769,700 $202,000 $567,700
2019 $9,581 $769,700 $202,000 $567,700
2018 $9,536 $758,500 $202,000 $556,500
2017 $8,278 $755,700 $202,000 $553,700
2016 $8,278 $776,300 $202,000 $574,300
2014 $8,244 $751,600 $202,000 $549,600
2013 $7,701 $735,700 $202,000 $533,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21651638

MIBOR Broker Listing Cooperative®

APN: 49-06-01-195-085.000-801