NOT LISTED FOR SALE

602 N Euclid Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $115,000 - $140,000

2 Beds
-- Bath
708 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $70,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $888/month

2 Days on Market

About This Home

As of November 2020

Investor Special, 604 side is ready to rent. 602 should just need a little repairs to bathroom and kitchen and will be ready to rent as well. This property should be well over the 1% rule when rented. Estimated rents should be at least 500 per side and potentially more. 602 side has 1 car detached garage and 604 side has off-street parking next to garage. New furnace and A/C units in 2019!
Each unit has separate electric and gas meters, water and sewer is not separate.

Last Agent to Sell the Property

Shane Burns

Victory Realty Team License #RB18000283 Listed on: 10/20/2020

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1920

Lot Details

  • 5,445

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,445 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for electricity gas
  • The owner pays for notapplic
  • Assessor Parcel Number 491004145129000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,144

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1920
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investor Special, 604 side is ready to rent. 602 should just need a little repairs to bathroom and kitchen and will be ready to rent as well. This property should be well over the 1% rule when rented. Estimated rents should be at least 500 per side and potentially more. 602 side has 1 car detached garage and 604 side has off-street parking next to garage. New furnace and A/C units in 2019! Each unit has separate electric and gas meters, water and sewer is not separate.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1750
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 70000
  • Interstate: Ramp1-3mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage,On Street,1 Car Space
  • Auto Parking: 1
  • Auto Surface: Gravel
  • Parking Spacesper Unit: 1.1000

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491004145129000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 253
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1144
  • Semi Annual Property Tax Amt: 572
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 5, 2020
Sold by
Mckee David M
Bought by
Wagner David W
Seller's Agent
Shane Burns
Victory Realty Team
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$70,000
Sold Price
$70,000
Total Days on Market
2
Current Estimated Value
$125,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,594
Avg. Annual Appreciation
13.65%
Source: Public Records

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Range of Values:

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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
Wagner David W $70,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckee David M $37,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $70,000 0.0% $99 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $70,000 -- $99 / 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 $2,648 $112,800 $6,100 $106,700
2023 $2,648 $106,600 $6,100 $100,500
2022 $2,512 $101,400 $6,100 $95,300
2021 $2,026 $82,800 $6,100 $76,700
2020 $1,209 $81,200 $2,800 $78,400
2019 $1,144 $75,600 $2,800 $72,800
2018 $1,130 $73,900 $2,800 $71,100
2017 $930 $67,700 $2,800 $64,900
2016 $905 $67,800 $2,800 $65,000
2014 $719 $58,800 $2,800 $56,000
2013 $963 $69,800 $2,800 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Shane Burns

    Seller's Agent in 2020

    Shane Burns

    Victory Realty Team

    (317) 833-2861

    10 in this area

    108 Total Sales

    Shane Burns
    Section Image

  • N

    Buyer's Agent in 2020

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2020

    IUO Non-BLC Member

    Non-BLC Office

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21746711

MIBOR Broker Listing Cooperative®

APN: 49-10-04-145-129.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

602 N Euclid Ave, Indianapolis, IN

This home is located at 602 N Euclid Ave, Indianapolis, IN 46201 since 20 October 2020 and is currently estimated at $125,594, approximately $177 per square foot. This property was built in 1920. 602 N Euclid Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical High 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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