$61,000
SOLD AUG 16, 2021
-- Bed
-- Bath
1,264 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

22% Above List Price

4 Days on Market

About This Home

As of March 2025

Location, location, location! Check out this great potential for a large duplex with three beds, one bath on each side, or the potential to make one very large single family home. Solid comps for both duplexes and single family homes make this a great potential rehab. This house had a fire in December, 2020. The bulk of the fire damage is on the 606 upstairs unit, please see photos.

Cash offers only for this property.

Last Agent to Sell the Property

Christian Foy

Ethosity Property Management G License #RB21000426 Listed on: 07/26/2021

Last Buyer's Agent

Christian Foy

Ethosity Property Management G

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Home Design

  • Block Foundation
  • Vinyl Construction Material

Additional Features

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

Community Details

  • Langes E Michigan St Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, lawncare, taxes, trash collection
  • Assessor Parcel Number 491005155012000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1920
  • Lot Size Acres: 0.125
  • Structure Type: Duplex
  • Subdivision Name: LANGES E MICHIGAN ST
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes, Trash Collection
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 49900

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491005155012000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline,Curbs,Sidewalks
  • Lot Number: 37
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1818
  • Semi Annual Property Tax Amt: 909
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 18, 2025
Sold by
Bht Properties Llc
Bought by
Rimali Saku Valtteri and Powers Summer Logan
Seller's Agent
Mallorie Wilson
The Real Estate Group
Buyer's Agent
Dylan Hostetter
Everhart Studio, Ltd.
List Price
$265,000
Sold Price
$273,500
Premium/Discount to List
$8,500
3.21%
Total Days on Market
4
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.91%
Original Mortgage
$199,900
Outstanding Balance
$199,900
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$66,748

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 13, 2023
Sold by
Trimpe Braden
Bought by
Bht Properties Llc
Seller's Agent
Lee Smith
@properties
Buyer's Agent
Collin Ebel
@properties
List Price
$250,000
Sold Price
$250,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$212,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 27, 2023
Sold by
J & E Remodeling Home Improvement Llc
Bought by
Trimpe Braden
Seller's Agent
Lee Smith
@properties
Buyer's Agent
Collin Ebel
@properties
List Price
$250,000
Sold Price
$250,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 13, 2021
Sold by
Sohn Ronald C
Bought by
J & E Remodeling Home Improvement Llc
Seller's Agent
Christian Foy
Ethosity Property Management G
Buyer's Agent
Christian Foy
Ethosity Property Management G
List Price
$49,900
Sold Price
$61,000
Premium/Discount to List
$11,100
22.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.40%
Original Mortgage
$43,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Otoro Investment Llc
Bought by
Sohn Ronald C

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 30, 2017
Bought by
Tang Kwunhung
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.10%
Original Mortgage
$45,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 29, 2017
Sold by
Sheffa Center Llc
Bought by
Tang Kwunhung
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2015
Closed on
Jul 20, 2015
Sold by
Ml Us Holdings Llc
Bought by
Sheffa Center Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.01%

Purchase Details

Closed on
Apr 27, 2012
Sold by
American Real Estate Investments Llc
Bought by
Ml Us Holdings Llc

Purchase Details

Closed on
Jul 2, 2008
Sold by
Coachs Corner Enterprises Inc
Bought by
Rose Ronald

Purchase Details

Closed on
May 28, 2008
Sold by
Fannie Mae
Bought by
Kaylin N Kompany Llc and Coachs Corner Enterprises Inc

Purchase Details

Closed on
Feb 28, 2008
Sold by
Sowers Kent E and Sowers Teresa Ann
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed -- First American Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $250,000 First American Title
Warranty Deed $61,000 None Available
Special Warranty Deed $71,500 Krieg Devault Llp
Deed $62,500 --
Quit Claim Deed $62,500 First American Title
Warranty Deed -- First American Title
Warranty Deed -- Attorney
Warranty Deed -- None Available
Warranty Deed -- None Available
Corporate Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $69,554 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,900 New Conventional
Previous Owner $212,500 New Conventional
Previous Owner $43,200 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $273,500 +3.2% $216 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $265,000 +6.0% $210 / Sq Ft
04/24/2023 04/24/23 Sold $250,000 0.0% $198 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $250,000 +309.8% $198 / Sq Ft
08/16/2021 08/16/21 Sold $61,000 +22.2% $48 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $49,900 0.0% $39 / Sq Ft
03/01/2018 03/01/18 Rented $595 0.0% --
02/25/2018 02/25/18 Under Contract -- -- --
02/01/2018 02/01/18 For Rent $595 0.0% --
06/30/2017 06/30/17 Sold $62,500 -3.8% $49 / Sq Ft
04/20/2017 04/20/17 For Sale $65,000 +4.0% $51 / Sq Ft
04/20/2017 04/20/17 Off Market $62,500 -- --
04/18/2017 04/18/17 For Sale $65,000 +4.0% $51 / Sq Ft
04/03/2017 04/03/17 Off Market $62,500 -- --
03/28/2017 03/28/17 For Sale $65,000 0.0% $51 / Sq Ft
11/01/2016 11/01/16 Rented $595 0.0% --
09/27/2016 09/27/16 Price Changed $595 -8.5% $0 / Sq Ft
08/31/2016 08/31/16 Price Changed $650 +9.2% $0 / Sq Ft
06/13/2016 06/13/16 For Rent $595 0.0% --
07/07/2015 07/07/15 Sold $28,000 -20.0% $43 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $35,000 -- $54 / 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 $1,291 $230,000 $6,600 $223,400
2023 $1,291 $81,200 $6,600 $74,600
2022 $1,969 $78,400 $6,600 $71,800
2021 $1,680 $67,800 $6,600 $61,200
2020 $1,666 $120,900 $2,300 $118,600
2019 $2,754 $111,900 $2,300 $109,600
2018 $2,193 $87,400 $2,300 $85,100
2017 $1,926 $85,600 $2,300 $83,300
2016 $1,468 $65,500 $2,300 $63,200
2014 $1,139 $52,700 $2,300 $50,400
2013 $205 $52,700 $2,300 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21801689

MIBOR Broker Listing Cooperative®

APN: 49-10-05-155-012.000-101