NOT LISTED FOR SALE

Estimated Value: $127,000 - $164,000

2 Beds
-- Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold July 07, 2017

Last sale price $23,000

Est. 533% increase in value since last sale

Current estimated payment $1,014/month

25 Days on Market

About This Home

As of July 2017

Duplex on the Eastside, just a short walk to grocery, retail center, solid rental market. Both sides need work, be ready to roll up your sleeves, priced to move based on work needed and possible rents. Photos are from before the last tenants occupied, condition shows what it was and what it can be again, but seller is not wanting to renovate after last tenants and vandalism. Rents listed are the last rents prior to vandalism and vacancy.

Last Agent to Sell the Property

Sam Barron

Barron Property Services License #RB14049720 Listed on: 04/28/2017

Last Buyer's Agent

Christie Snapp

@properties

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,619

Community Details

  • Lowes E Mich St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004130032000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1930
  • Subdivision Name: LOWES E MICH ST
  • Inspection Warranties: Other
  • Property Description: Duplex on the Eastside, just a short walk to grocery, retail center, solid rental market. Both sides need work, be ready to roll up your sleeves, priced to move based on work needed and possible rents. Photos are from before the last tenants occupied, condition shows what it was and what it can be again, but seller is not wanting to renovate after last tenants and vandalism. Rents listed are the last rents prior to vandalism and vacancy.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 24000

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491004130032000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs,Sidewalks
  • Lot Number: 84
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1102
  • Semi Annual Property Tax Amt: 551
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 28, 2017
Sold by
Samuel Samuel L and Samuel Barron, Poa#A201700076664 Aif
Bought by
Prasad Kashmir and Prasad Yogesh
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Christie Snapp
@properties
List Price
$24,000
Sold Price
$23,000
Premium/Discount to List
-$1,000
-4.17%
Current Estimated Value
$145,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,500
Avg. Annual Appreciation
25.73%

Purchase Details

Closed on
Dec 13, 2012
Sold by
Arei Indy Llc
Bought by
Eggleston Us Property No 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2012
Sold by
Walls Member Ben
Bought by
Eggleston Member Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Apr 20, 2012
Sold by
Schierenberg Paul and Schierenberg Urszula
Bought by
Square Peg Investments Llc
Seller's Agent
Paul Schierenberg
Buyer's Agent
Kim Paino
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.91%
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
Prasad Kashmir $23,000 --
Prasad Kashmir $23,000 Metropolitan Title
Eggleston Us Property No 1 Llc -- --
Arei Indy Llc -- --
Eggleston Member Virginia $74,000 --
Square Peg Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eggleston Us Property No 1 Llc $41,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $23,000 -4.2% --
05/24/2017 05/24/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $24,000 +380.0% --
04/20/2012 04/20/12 Sold $5,000 -50.0% $21 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $10,000 -- $42 / 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 $2,653 $112,800 $7,000 $105,800
2023 $2,653 $106,800 $7,000 $99,800
2022 $2,521 $101,800 $7,000 $94,800
2021 $2,036 $83,200 $7,000 $76,200
2020 $1,990 $81,000 $2,800 $78,200
2019 $1,893 $75,400 $2,800 $72,600
2018 $1,864 $73,600 $2,800 $70,800
2017 $1,536 $67,200 $2,800 $64,400
2016 $1,503 $67,200 $2,800 $64,400
2014 $1,263 $58,400 $2,800 $55,600
2013 $1,443 $69,400 $2,800 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21481550

MIBOR Broker Listing Cooperative®

APN: 49-10-04-130-032.000-101