NOT LISTED FOR SALE

6159 E 31st St Indianapolis, IN 46226

Arlington Woods Neighborhood

Estimated Value: $165,000 - $220,606

2 Beds
-- Bath
879 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $95,400 $109 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,248/month

38 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • 1-Story Property

About This Home

As of September 2015

This outstanding duplex is located on a beautifully wooded corner lot. The 3 bedroom side is on 31 st street and has been dependably rented for $700/mo by the same tenant for over 4 years. The 2 bedroom side is on Catherwood and is vacant and was recently renovated with all new carpet and paint. It previously rented for $550/mo. This home would be excellent as part of a rental portfolio or starter home!

Last Agent to Sell the Property

Roger Brackett

Fathom Realty Listed on: 07/10/2015

Fathom Realty

Co-Listed By

Ladonna Brackett

Fathom Realty

Last Buyer's Agent

Adam Corya

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1952

Lot Details

  • 0.4 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Shingle Siding

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Community Details

  • Arlington Place Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, insurance, all utilities
  • The owner pays for ins hazard, insurance, taxes
  • Legal Lot and Block 55 / 2nd
  • Assessor Parcel Number 490723114018000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1952
  • Building Area Total: 879
  • Lot Size Acres: 0.4
  • Structure Type: Duplex
  • Subdivision Name: Arlington Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: rbrackett@fathomrealty.com
  • Special Features: None

Interior Features

  • Levels: One
  • Living Area: 879
  • Owner Pays: Ins Hazard, Insurance, Insurance, Taxes
  • Main Level Sq Ft: 879
  • SqFt Total: 879

Exterior Features

  • Construction Materials: Brick, Shingle/Shake
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Garage,Paved Area,2 Car Space

Utilities

  • Utilities: Cable Available, Gas, Sewer Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Lot Info

  • Lot Features: Access, Corner Lot
  • Additional Parcels: No
  • Lot Size Sq Ft: 90
  • Parcel Number: 490723114018000700
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: Cable TV, Insurance, All Utilities

Tax Info

  • Tax Annual Amount: 1444
  • Tax Block: 2nd
  • Tax Lot: 55
  • Semi Annual Property Tax Amt: 722
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 22, 2015
Sold by
Right Turn Inc
Bought by
Rinker Christopher Lee
Seller's Agent
Roger Brackett
Fathom Realty
Buyer's Agent
Adam Corya
Carpenter, REALTORS®
List Price
$97,900
Sold Price
$95,400
Premium/Discount to List
-$2,500
-2.55%
Current Estimated Value
$201,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,802
Avg. Annual Appreciation
7.53%
Original Mortgage
$93,660
Outstanding Balance
$73,764
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$127,438

Purchase Details

Closed on
Jun 24, 2015
Sold by
Right Turn Inc
Bought by
Right Turn Inc

Purchase Details

Closed on
Jun 20, 2011
Sold by
Fannie Mae
Bought by
Right Turn Investments

Purchase Details

Closed on
Apr 11, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 19, 2010
Sold by
Kremp Mark R
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rinker Christopher Lee -- Mtc
Right Turn Inc -- Mtc
Right Turn Investments -- None Available
Federal National Mortgage Association -- None Available
Wells Fargo Bank N A $126,102 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinker Christopher Lee $93,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $95,400 -2.6% $109 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $97,900 -- $111 / 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 $2,360 $154,200 $9,100 $145,100
2023 $2,360 $152,900 $9,100 $143,800
2022 $1,640 $108,500 $9,100 $99,400
2021 $1,673 $108,200 $9,100 $99,100
2020 $1,595 $106,100 $9,100 $97,000
2019 $1,610 $105,000 $9,100 $95,900
2018 $1,423 $92,300 $9,100 $83,200
2017 $1,204 $83,900 $9,100 $74,800
2016 $1,165 $79,600 $9,100 $70,500
2014 $1,352 $67,600 $9,100 $58,500
2013 $1,334 $66,700 $9,100 $57,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Roger Brackett

    Fathom Realty

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Ladonna Brackett

    Fathom Realty

    Section Image

  • A

    Buyer's Agent in 2015

    Adam Corya

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21364618

MIBOR Broker Listing Cooperative®

APN: 49-07-23-114-018.000-700

Indiana Marion County Indianapolis 46226 Arlington Woods

6159 E 31st St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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