NOT LISTED FOR SALE

617 Jefferson Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $287,000 - $413,285

2 Beds
-- Bath
1,454 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $163,000 $112 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,134/month

8 Days on Market

About This Home

As of November 2018

Great investment property! Seller currently nets $20K+ annual income! Nice duplex in St. Clair Place neighborhood, only a few blocks from Woodruff Place. Two-stories: 619 has 3 beds, 1 bonus room, 1.5 bath and 617 has 4 beds, 2 baths. St. Clair Place is part of the city's revitalization project and Jefferson Avenue is developing with beautiful rehabs.

Last Agent to Sell the Property

Abigail Vivo

Berkshire Hathaway Home License #RB17001703 Listed on: 08/31/2018

Berkshire Hathaway Home

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1910

Lot Details

  • 5,227

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot
  • Basement

Community Details

  • Lewis & Cos Arsenal Height Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance
  • Assessor Parcel Number 491006129035000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,836

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1910
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: LEWIS & COS ARSENAL HEIGHT
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment property! Seller currently nets $20K+ annual income! Nice duplex in St. Clair Place neighborhood, only a few blocks from Woodruff Place. Two-stories: 619 has 3 beds, 1 bonus room, 1.5 bath and 617 has 4 beds, 2 baths. St. Clair Place is part of the city's revitalization project and Jefferson Avenue is developing with beautiful rehabs.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Lifestyles: Double/Duplex
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two, Basement
  • Owner Pays: Insurance
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 175000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 3646

Lot Info

  • Parcel Number: 491006129035000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks
  • Lot Number: 80
  • Lot Size: 40 X 131

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: 1836
  • Semi Annual Property Tax Amt: 918
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 30, 2018
Sold by
Affordable Housing Of Indy Llc
Bought by
Irk Brian R and Davis Peter L
Seller's Agent
Abigail Vivo
Berkshire Hathaway Home
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$175,000
Sold Price
$163,000
Premium/Discount to List
-$12,000
-6.86%
Current Estimated Value
$329,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,762
Avg. Annual Appreciation
10.74%
Original Mortgage
$122,250
Outstanding Balance
$107,920
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$221,842

Purchase Details

Closed on
Sep 27, 2012
Sold by
Stein Sally
Bought by
Affordable Housing Of Indy Llc

Purchase Details

Closed on
Apr 8, 2009
Sold by
Alminauskas Vytautas Jonas and Alminas Vito
Bought by
Stein Sally

Purchase Details

Closed on
Aug 16, 2006
Sold by
Equity Trust Co
Bought by
Alminas Vito

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
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Nicon Nuga Properties Llc
Bought by
Equity Trust Co

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
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Jackson Alphonso and Secretary Of Housing And Urban
Bought by
Nicon Nuga Properties Llc
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
Irk Brian R $163,000 Enterprise Title
Affordable Housing Of Indy Llc -- None Available
Stein Sally -- None Available
Alminas Vito -- None Available
Equity Trust Co -- None Available
Nicon Nuga Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irk Brian R $122,250
Previous Owner Alminas Vito $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $163,000 -6.9% $112 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $175,000 -- $120 / 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 $4,863 $210,400 $34,000 $176,400
2023 $4,863 $199,200 $34,000 $165,200
2022 $4,688 $192,800 $34,000 $158,800
2021 $4,046 $169,600 $34,000 $135,600
2020 $3,758 $156,600 $2,200 $154,400
2019 $3,831 $156,800 $2,200 $154,600
2018 $2,089 $82,400 $2,200 $80,200
2017 $1,835 $80,600 $2,200 $78,400
2016 $1,406 $61,800 $2,200 $59,600
2014 $1,081 $50,000 $2,200 $47,800
2013 $1,230 $49,900 $2,200 $47,700
Source: Public Records

Agents Affiliated with this Home

  • Abigail Vivo

    Seller's Agent in 2018

    Abigail Vivo

    Berkshire Hathaway Home

    (773) 749-9001

    5 in this area

    56 Total Sales

    Abigail Vivo
    Section Image

  • S

    Buyer's Agent in 2018

    Scott Smith

    Keller Williams Indy Metro S

    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    Joel Clausen

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21593126

MIBOR Broker Listing Cooperative®

APN: 49-10-06-129-035.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

617 Jefferson Ave, Indianapolis, IN

This home is located at 617 Jefferson Ave, Indianapolis, IN 46201 since 31 August 2018 and is currently estimated at $329,762, approximately $226 per square foot. This property was built in 1910. 617 Jefferson Ave is a home located in Marion County with nearby schools including Thomas D. Gregg School No. 15, Washington Irving School 14, and Anna Brochhausen School 88.

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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