NOT LISTED FOR SALE

Estimated Value: $482,578 - $529,000

3 Beds
1 Bath
1,296 Sq Ft
$394/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $476,500 $368 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,440/month

2 Days on Market

About This Home

As of April 2023

Just Listed -- Broad Ripple Duplex! Ideal location 2 blocks from Broad Ripple Avenue & just 1 block from the Monon Trail. Great cash flow with tenants in place & low operating expenses. An affordable opportunity to live in one side and rent the other. There's a concrete block wall between the units. Both units get 2 garage spots, private fenced yards & covered front porches. SOLID hardwood floors, newer windows, plumbing & electrical. New roof 2019! All appliances stay including washers, dryers and refrigerators. The perfect combination of quality updates and quality upkeep.

Last Agent to Sell the Property

Adam Corya

Carpenter, REALTORS® License #RB14047565 Listed on: 03/17/2023

Carpenter, REALTORS®

Last Buyer's Agent

David Barnes

F.C. Tucker Company License #RB14040452

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 1935

Lot Details

  • 9,901 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 4 Car Detached Garage
  • Alley Access
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage
  • Basement Lookout

Utilities

  • Forced Air Heating System

Community Details

  • Edgar Kreglo Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, insurance
  • The owner pays for ins hazard, lawncare, no utilities, taxes
  • Tax Lot LB
  • Assessor Parcel Number 490601165001000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,958

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1935
  • Lot Size Acres: 0.227
  • Structure Type: Duplex
  • Subdivision Name: Edgar Kreglo
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: adamcorya@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Full, Storage Space, Unfinished
  • Levels: Two
  • Owner Pays: Ins Hazard, Lawncare, No Utilities, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Exterior Features: Other
  • Foundation Details: Block
  • List Price: 464825
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Alley Access, Detached, Garage Door Opener
  • Unit Parking: 2 Car Garage

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 10714

Lot Info

  • Lot Features: Access, Fence Full Rear
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 9901
  • Parcel Number: 490601165001000801
  • Zoning: Multi-Family Residential
  • Acres: <1/4 Acre
  • Price Acre: 2099118.94273128

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Insurance

Multi Family

  • Net Operating Income: 39686
  • Gross Income: 50400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5958
  • Tax Lot: LB
  • Semi Annual Property Tax Amt: 2979
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 20, 2023
Sold by
Gillikin Amy
Bought by
Ajdaharian Paul and Ajdaharian Lisa
Seller's Agent
Adam Corya
Carpenter, REALTORS®
Buyer's Agent
David Barnes
F.C. Tucker Company
List Price
$464,825
Sold Price
$476,500
Premium/Discount to List
$11,675
2.51%
Views
42
Current Estimated Value
$510,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,026
Avg. Annual Appreciation
0.10%
Original Mortgage
$333,550
Outstanding Balance
$325,169
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$152,472

Purchase Details

Closed on
Dec 22, 2020
Sold by
Jb Investments Llc
Bought by
Gillikin Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2014
Closed on
Dec 31, 2014
Sold by
Scola Valerie A and Scola Austin T
Bought by
Jb Investments Llc
Seller's Agent
Mike Cole
Terra Real EState, LLC
Buyer's Agent
Adam Corya
Carpenter, REALTORS®
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$97,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2007
Sold by
Ostrand Shannie Bibie Van
Bought by
Scola Valerie A and Scola Austin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ajdaharian Paul -- None Listed On Document
Gillikin Amy $360,000 Investors Title
Jb Investments Llc -- First American Title
Scola Valerie A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajdaharian Paul $333,550
Previous Owner Gillikin Amy $13,850
Previous Owner Gillikin Amy $353,479
Previous Owner Jb Investments Llc $97,000
Previous Owner Scola Valerie A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $476,500 +2.5% $368 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $464,825 0.0% $359 / Sq Ft
02/17/2019 02/17/19 Rented $1,600 +3.2% --
02/15/2019 02/15/19 For Rent $1,550 +3.3% --
09/10/2015 09/10/15 Rented $1,500 0.0% --
09/09/2015 09/09/15 Under Contract -- -- --
08/26/2015 08/26/15 For Rent $1,500 0.0% --
01/05/2015 01/05/15 Sold $280,000 -6.6% $144 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $299,900 -- $155 / 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 $7,895 $462,800 $71,100 $391,700
2023 $7,895 $469,700 $71,100 $398,600
2022 $7,500 $466,200 $71,100 $395,100
2021 $6,092 $365,900 $43,100 $322,800
2020 $8,233 $344,500 $43,100 $301,400
2019 $8,286 $340,300 $43,100 $297,200
2018 $7,918 $321,600 $43,100 $278,500
2017 $7,268 $331,100 $43,100 $288,000
2016 $7,264 $339,100 $43,100 $296,000
2014 $4,964 $315,000 $43,100 $271,900
2013 $5,962 $280,900 $43,100 $237,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21911010

MIBOR Broker Listing Cooperative®

APN: 49-06-01-165-001.000-801