Jeff Cloyd
RE/MAX Advanced Realty
(317) 671-7923
39 Total Sales
1 in Near Eastside
$189,000 Price
616 Eastern Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated Value: $221,389
6
Beds
--
Bath
1,468
Sq Ft
$151/Sq Ft
Est. Value
About This Home
As of August 2024Discover this well-maintained duplex on the east side, featuring solid long-term tenants and a fantastic investment opportunity. This property offers stability and a steady income stream, making it a perfect addition to any investment portfolio. Unit 1: Rented at $998/month Unit 2: Rented at $765/month (under market value, offering potential for rent increase). Tenants pay all utilities, ensuring low operational costs for the owner. Long-Term Tenants! Enjoy the peace of mind that comes with reliable, long-term tenants who care for the property. Nicely Kept Duplex:The property is well-maintained, reflecting the pride of both the owner and tenants. The interiors are clean and in good condition, minimizing the need for immediate repairs or renovations. This duplex is not just a property; it's a smart investment. The tenants pay all utilities, making it a hassle-free investment for the new owner. Potential for Growth:With one unit rented below market value, there is an opportunity to increase the rent and maximize your return on investment. Don't miss out on this fantastic opportunity to own a well-kept duplex with solid, long-term tenants.
Last Agent to Sell the Property
Hanza Realty, LLC Brokerage Email: tasheana@hanzarealty.com License #RB14045896 Listed on: 06/08/2024
Last Buyer's Agent
Michelle Anderson
Bold Realty LLC
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,732
Year Built
- Built in 1920
Lot Details
- 6,098
Home Design
- Duplex
Additional Features
- 2-Story Property
- 6,098 Sq Ft Lot
- Central Air
- Basement
Community Details
- Hogate & Kings Rural St Subdivision
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 491005132013000101
- Seller Concessions Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2024
Closed on
Aug 9, 2024
Sold by
Bought by
Seller's Agent
Tasheana Hanza
Hanza Realty, LLC
Buyer's Agent
Michelle Anderson
Bold Realty LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,611
Avg. Annual Appreciation
-1.88%
Original Mortgage
$172,500
Outstanding Balance
$168,998
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$52,391
Purchase Details
Listed on
Jun 8, 2024
Closed on
Jul 18, 2024
Sold by
Bought by
Seller's Agent
Tasheana Hanza
Hanza Realty, LLC
Buyer's Agent
Michelle Anderson
Bold Realty LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$168,998
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$52,391
Purchase Details
Listed on
Dec 28, 2015
Closed on
Feb 9, 2016
Sold by
Bought by
Seller's Agent
Ed Neu
Neu Real Estate Group
Buyer's Agent
Ed Neu
Neu Real Estate Group
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%
Original Mortgage
$55,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2015
Sold by
Bought by
Purchase Details
Closed on
Nov 16, 2015
Sold by
Bought by
Purchase Details
Closed on
Nov 13, 2015
Sold by
Bought by
Purchase Details
Listed on
Jul 22, 2013
Closed on
Oct 18, 2013
Seller's Agent
Lana Detro
Ala Carte Realty
Buyer's Agent
IUO Non-BLC Member
Non-BLC Office
List Price
$65,000
Sold Price
$17,500
Premium/Discount to List
-$47,500
-73.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.89%
Purchase Details
Closed on
Jun 3, 2013
Sold by
Bought by
Purchase Details
Closed on
Nov 24, 2008
Sold by
Bought by
Purchase Details
Closed on
Apr 21, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 16, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Near Eastside, IN
-
Jeff Cloyd
-
Hart Summeier
Hart Summeier
Responds QuicklyHighgarden Real Estate
(463) 219-4560
206 Total Sales
2 in Near Eastside
$128K - $174K Price Range
-
Michelle Jackson
Michelle Jackson
RE/MAX Advanced Realty
(888) 482-1335
100 Total Sales
1 in Near Eastside
$149,000 Price
-
Jamesha Norwood
Jamesha Norwood
eXp Realty, LLC
(888) 619-0934
70 Total Sales
6 in Near Eastside
$7K - $266K Price Range
-
Molly Lawless
Molly Lawless
F.C. Tucker Company
(855) 695-8242
105 Total Sales
1 in Near Eastside
$249,900 Price
-
Jason Kraus
Jason Kraus
RE/MAX Advanced Realty
(844) 722-8557
95 Total Sales
1 in Near Eastside
$710,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Metropolitan Title | ||
| -- | Metropolitan Title | ||
| -- | None Available | ||
| -- | Mtc | ||
| -- | Mtc | ||
| -- | Mtc | ||
| $17,500 | -- | ||
| -- | -- | ||
| -- | None Available | ||
| -- | First Title Of Indiana Inc | ||
| $15,655 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $172,500 | ||
| Previous Owner | $70,000 | ||
| Previous Owner | $55,000 | ||
| Previous Owner | $56,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $230,000 | -8.0% | $157 / Sq Ft | |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- | |
| 06/08/2024 06/08/24 | For Sale | $250,000 | +380.8% | $170 / Sq Ft | |
| 02/10/2016 02/10/16 | Sold | $52,000 | -13.2% | $35 / Sq Ft | View Prior Sale |
| 12/28/2015 12/28/15 | For Sale | $59,900 | +242.3% | $41 / Sq Ft | |
| 10/18/2013 10/18/13 | Sold | $17,500 | -73.1% | $24 / Sq Ft | View Prior Sale |
| 10/04/2013 10/04/13 | Pending | -- | -- | -- | |
| 07/22/2013 07/22/13 | For Sale | $65,000 | -- | $89 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,098 | $212,700 | $25,400 | $187,300 |
| 2024 | $4,014 | $172,700 | $25,400 | $147,300 |
| 2023 | $4,014 | $163,400 | $25,400 | $138,000 |
| 2022 | $3,869 | $158,100 | $25,400 | $132,700 |
| 2021 | $3,331 | $138,600 | $25,400 | $113,200 |
| 2020 | $1,877 | $75,400 | $2,300 | $73,100 |
| 2019 | $1,779 | $69,900 | $2,300 | $67,600 |
| 2018 | $1,430 | $54,700 | $2,300 | $52,400 |
| 2017 | $1,264 | $53,700 | $2,300 | $51,400 |
| 2016 | $1,329 | $58,100 | $2,300 | $55,800 |
| 2014 | $724 | $33,500 | $2,300 | $31,200 |
| 2013 | $696 | $33,500 | $2,300 | $31,200 |
Source: Public Records
Agents Affiliated with this Home
-
Tasheana Hanza
Seller's Agent in 2024
Tasheana Hanza
Hanza Realty, LLC
(317) 800-4438
21 in this area
116 Total Sales
-
M
Buyer's Agent in 2024
Michelle Anderson
Bold Realty LLC
-
Ed Neu
Seller's Agent in 2016
Ed Neu
Neu Real Estate Group
(317) 710-9743
15 in this area
73 Total Sales
-
Jeremiah Mattingly
J
Seller Co-Listing Agent in 2016
Jeremiah Mattingly
House to Home Realty Solutions
3 in this area
58 Total Sales
-
L
Seller's Agent in 2013
Lana Detro
Ala Carte Realty
-
W
Seller Co-Listing Agent in 2013
William Drzich
Vital Equity Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21984000
APN: 49-10-05-132-013.000-101
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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