NOT LISTED FOR SALE

601 Jefferson Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $280,000 - $400,000

4 Beds
4 Baths
1,240 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $123,000 $99 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,748/month

23 Days on Market

About This Home

As of March 2021

INVESTORS: Great Duplex For An Investor Looking To Turn A Property In A Hot Area. One Of The Last Houses To Renovate On Jefferson Ave! Take Advantage Of The Built In Equity And Cash Out Big! Clean House With A Sturdy Foundation. Identical Layout On Both Sides With Approximately 1200 Sq/ft Per Unit. The Property Has Been Cleaned Out And Is Ready For A Rehab. Main Floor Has A Living Room, Dining Room & Kitchen. The Upstairs Has 3 Bedrooms 1 Bath. Larger Attic Scape Could Also Be Used. Some Of The Original Woodwork Still Remains In Good Condition. NOTE: There Was A Fire In The Attic That Caused Damage To The Roof. To be sold AS-IS. Keep It as A Duplex And Cash Flow Or Convert It Into A Single Family Home And Sell Big.

Last Agent to Sell the Property

Vern Carter

Flat Fee Realty, LLC License #RB14032137 Listed on: 01/30/2021

Last Buyer's Agent

Sterling Davis

Ethosity Property Management G

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1910

Lot Details

  • 5,227

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Basement

Community Details

  • T A Lewis & Cos Arsenal Heights Subdivision

Listing and Financial Details

  • Tenant pays for other notapplic
  • The owner pays for other notapplic
  • Assessor Parcel Number 491006129039000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$638

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: T A LEWIS & COS ARSENAL HEIGHTS
  • Inspection Warranties: LeadBasePaint
  • Property Description: INVESTORS: Great Duplex For An Investor Looking To Turn A Property In A Hot Area. One Of The Last Houses To Renovate On Jefferson Ave! Take Advantage Of The Built In Equity And Cash Out Big! Clean House With A Sturdy Foundation. Identical Layout On Both Sides With Approximately 1200 Sq/ft Per Unit. The Property Has Been Cleaned Out And Is Ready For A Rehab. Main Floor Has A Living Room, Dining Room & Kitchen. The Upstairs Has 3 Bedrooms 1 Bath. Larger Attic Scape Could Also Be Used. Some Of The Original Woodwork Still Remains In Good Condition. NOTE: There Was A Fire In The Attic That Caused Damage To The Roof. To be sold AS-IS. Keep It as A Duplex And Cash Flow Or Convert It Into A Single Family Home And Sell Big.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Other,NotApplic
  • Possible Use: Apt<20,Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2480
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 132000
  • Road Access: CityStreet

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage
  • Auto Parking: 2

Utilities

  • Solid Waste: 1
  • HVAC: Unknown

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Parcel Number: 491006129039000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks,Street Lights
  • Lot Number: 76
  • Lot Size: 5,227

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other,NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 638
  • Semi Annual Property Tax Amt: 319
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 5, 2021
Sold by
Jackson Brooke
Bought by
Aos Holdings Llc
Seller's Agent
Vern Carter
Flat Fee Realty, LLC
Buyer's Agent
Sterling Davis
Ethosity Property Management G
List Price
$137,000
Sold Price
$123,000
Premium/Discount to List
-$14,000
-10.22%
Current Estimated Value
$361,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,035
Avg. Annual Appreciation
26.06%

Purchase Details

Listed on
Jan 30, 2021
Closed on
Feb 26, 2021
Sold by
Brooke Smith Homes Llc
Bought by
Jackson Brooke
Seller's Agent
Vern Carter
Flat Fee Realty, LLC
Buyer's Agent
Sterling Davis
Ethosity Property Management G
List Price
$137,000
Sold Price
$123,000
Premium/Discount to List
-$14,000
-10.22%

Purchase Details

Closed on
Sep 8, 2020
Sold by
Indy Fast Cash Llc
Bought by
Brooke Smith Homes Llc

Purchase Details

Closed on
Sep 3, 2020
Sold by
Sprague James and Sprague Steven
Bought by
Indy Fast Cash Llc

Purchase Details

Closed on
Aug 28, 2020
Sold by
Sprague James and Sprague Steven
Bought by
Indy Fast Cash Llc

Purchase Details

Closed on
Aug 27, 2020
Sold by
Indy Fast Cash Llc
Bought by
Brooke Smith Homes Llc
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
Aos Holdings Llc -- None Listed On Document
Jackson Brooke -- None Listed On Document
Jackson Brooke -- None Available
Brooke Smith Homes Llc -- None Listed On Document
Indy Fast Cash Llc -- None Listed On Document
Indy Fast Cash Llc $75,000 Monument Title
Brooke Smith Homes Llc $90,000 Monument Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $123,000 -6.8% $99 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $132,000 -3.6% $106 / Sq Ft
01/29/2021 01/29/21 For Sale $137,000 -- $110 / 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 $10,263 $300,600 $34,000 $266,600
2023 $10,263 $312,200 $34,000 $278,200
2022 $5,185 $329,400 $34,000 $295,400
2021 $6,804 $130,800 $34,000 $96,800
2020 $797 $65,700 $2,200 $63,500
2019 $750 $60,800 $2,200 $58,600
2018 $599 $47,600 $2,200 $45,400
2017 $528 $46,800 $2,200 $44,600
2016 $336 $36,200 $2,200 $34,000
2014 $629 $29,100 $2,200 $26,900
2013 $219 $29,100 $2,200 $26,900
Source: Public Records

Agents Affiliated with this Home

  • Vern Carter

    Seller's Agent in 2021

    Vern Carter

    Flat Fee Realty, LLC

    (317) 258-8976

    7 in this area

    142 Total Sales

    Vern Carter
    Section Image

  • S

    Buyer's Agent in 2021

    Sterling Davis

    Ethosity Property Management G

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21763889

MIBOR Broker Listing Cooperative®

APN: 49-10-06-129-039.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

601 Jefferson Ave, Indianapolis, IN

This home is located at 601 Jefferson Ave, Indianapolis, IN 46201 since 30 January 2021 and is currently estimated at $361,035, approximately $291 per square foot. This property was built in 1910. 601 Jefferson Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Anna Brochhausen School 88.

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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