NOT LISTED FOR SALE

5983 Buick Dr Indianapolis, IN 46224

Estimated Value: $298,881

3 Beds
-- Bath
1,194 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $262,000 $219 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,034/month

About This Home

As of July 2023

Investor Special!!! Income producing duplex at the Speedway. Corner Lot 5983 Buick Drive offers 3 bedrooms, Living Room, Family Room, 1.5 Bathrooms plus 2 car Garage. 6042 Cadillac Drive offers 2 bedrooms, Living Room, Office, 1 bath and Carport. New flooring on the both side, Buick Drive has fresh paint, new appliances.

Last Agent to Sell the Property

Jitender Sandadi

Market Street Realty LLC Brokerage Email: jrsandadi@gmail.com License #RB18000522 Listed on: 06/13/2023

Last Buyer's Agent

Jitender Sandadi

Market Street Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1972

Lot Details

  • 9,801 Sq Ft Lot

Home Design

  • Duplex

Schools

  • Arthur C Newby Elementary School 2
  • Speedway Junior High School
  • Speedway Senior High School

Community Details

  • Speedway Cunningham Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • The owner pays for sewer
  • Tax Lot Lot Numbered One Hundred Thirty-Two (132) in Speedway Cunningham Park Amended
  • Assessor Parcel Number 490536125133000914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1972
  • Lot Size Acres: 0.23
  • Structure Type: Duplex
  • Subdivision Name: Speedway Cunningham Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jrsandadi@gmail.com
  • Attribution Contact: jrsandadi@gmail.com
  • Special Features: None

Interior Features

  • Owner Pays: Sewer

Exterior Features

  • List Price: 265000
  • Road Access: See Remarks

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 10116

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 9801
  • Parcel Number: 490536125133000914
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1139130.43478261

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Operating Expense: 6000
  • Gross Income: 31200
  • Insurance Expense: 1000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5136
  • Tax Lot: Lot Numbered One Hundred Thirty-Two (132) in Speedway Cunningham Park Amended
  • Semi Annual Property Tax Amt: 2568
  • Tax Exemption: None

MLS Schools

  • Elementary School: Arthur C Newby Elementary School 2
  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 28, 2023
Sold by
Bemra Anand
Bought by
Sandadi Rajender Reddy
Seller's Agent
Jitender Sandadi
Market Street Realty LLC
Buyer's Agent
Jitender Sandadi
Market Street Realty LLC
List Price
$265,000
Sold Price
$262,000
Premium/Discount to List
-$3,000
-1.13%
Current Estimated Value
$298,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,881
Avg. Annual Appreciation
3.91%
Original Mortgage
$196,500
Outstanding Balance
$192,875
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$90,684

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 2, 2021
Sold by
Sedam Trust
Bought by
Bemra Anand
Seller's Agent
Robert Lather
CENTURY 21 Scheetz
Buyer's Agent
Jitender Sandadi
Market Street Realty LLC
List Price
$205,000
Sold Price
$207,000
Premium/Discount to List
$2,000
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
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
Sandadi Rajender Reddy $262,000 Centurion Land Title
Bemra Anand $207,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandadi Rajender Reddy $196,500
Previous Owner Bemra Anand $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $262,000 -1.1% $219 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $265,000 +28.0% $222 / Sq Ft
06/02/2021 06/02/21 Sold $207,000 +1.0% $173 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $205,000 -- $172 / 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 $4,857 $258,500 $18,300 $240,200
2023 $4,857 $192,700 $18,300 $174,400
2022 $5,137 $192,700 $18,300 $174,400
2021 $1,847 $142,700 $18,300 $124,400
2020 $1,452 $123,500 $18,300 $105,200
2019 $1,406 $118,500 $18,300 $100,200
2018 $1,169 $103,300 $18,300 $85,000
2017 $1,282 $110,900 $18,300 $92,600
2016 $1,104 $100,300 $18,300 $82,000
2014 $941 $90,700 $18,300 $72,400
2013 $988 $93,300 $18,300 $75,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jitender Sandadi

    Market Street Realty LLC

    (317) 413-3535

    3 in this area

    18 Total Sales

    Section Image

  • R

    Seller's Agent in 2021

    Robert Lather

    CENTURY 21 Scheetz

    Section Image
  • Linda Schotter

    Seller Co-Listing Agent in 2021

    Linda Schotter

    Keller Williams Indpls Metro N

    (317) 946-9516

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21926877

MIBOR Broker Listing Cooperative®

APN: 49-05-36-125-133.000-914

Indiana Marion County Indianapolis 46224

5983 Buick Dr, Indianapolis, IN

This home is located at 5983 Buick Dr, Indianapolis, IN 46224 since 13 June 2023 and is currently priced at $298,881, approximately $250 per square foot. This property was built in 1972. 5983 Buick Dr is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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