NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1.4 Acre Lot

Sale Details

Date Sold: March 7, 2022

Last sale price $3,000,000

About This Home

As of March 2022

PROPERTY WAS BUILT IN 1962 AND SITS ON 1.40 ACRES. IT CONSISTS OF THREE 2-STORY AND CONTINUOUS BUILDINGS WITH AN ESTIMATED 11 UNITS EACH FOR A TOTAL OF 33 UNITS. 31- 2 BR/1-BA AND TWO 3 BR/1BA. LOCATED 5.37 MILES FROM THE CITY CENTER AND IS 5.08 MILES FROM LUCAS OIL STADIUM. IT IS APPROXIMATELY 1.07 MILES FROM THE E WASHINGTON ROAD WHICH IS A MAIN ARTERY IN AND OUT OF THE CITY AND ALSO CONTAINS THE RED/BLUE MASS TRANSIT LINE. UNITS ARE INDIVIDUALLY METERED FOR ELECTRIC AND WERE FULLY RENOVATED IN 2019. ROOF WAS REFURBISHED IN 2016. BACK-FLOW SYSTEM WAS INSTALLED IN 2022. PROPERTY IS PROFESSIONALLY MANAGED AND UNDER NEW OWNERSHIP.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 01/14/2022

Last Buyer's Agent

Mark Harris

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,748

Year Built

  • Built in 1962

Lot Details

  • 1.4

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Additional Features

  • 3-Story Property
  • 1.4 Acre Lot
  • Suburban Location

Community Details

  • Pleasant Run Eminence Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, all utilities
  • The owner pays for alarmsec, inshazard, insurance, lawncare, taxes, trash collection
  • Assessor Parcel Number 490735104045000701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,748

Year Built

Built in 1962

Lot Details

1.4 Acres

Listing Details

  • Property Sub Type: Commercial Units - 5+
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1962
  • Lot Size Acres: 1.404
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: PLEASANT RUN EMINENCE
  • Inspection Warranties: General
  • Transaction Type: Exchange,Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Three Or More
  • Owner Pays: AlarmSec, InsHazard, Insurance, Insurance, Lawncare, Taxes, Trash Collection
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 36000
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Road Access: CityStreet
  • Roof: NEW 2016

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt>20
  • Parcel Number: 490735104045000701
  • Acres: 1-3 Acres
  • Lot Information: Suburban
  • Lot Number: 28
  • Lot Size: 61,158

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, All Utilities

Multi Family

  • Net Operating Income: 287402

Tax Info

  • Tax Annual Amount: 10748
  • Semi Annual Property Tax Amt: 5374
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/07/2022 03/07/22 Sold $3,000,000 0.0% --
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $3,000,000 -- --
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 $29,681 $1,239,100 $84,800 $1,154,300
2024 $23,567 $1,142,400 $84,800 $1,057,600
2023 $23,567 $971,600 $84,800 $886,800
2022 $12,701 $516,600 $84,800 $431,800
2021 $12,146 $464,100 $77,100 $387,000
2020 $11,218 $464,100 $77,100 $387,000
2019 $11,011 $447,200 $77,100 $370,100
2018 $10,383 $326,300 $77,100 $249,200
2017 $7,010 $310,400 $77,100 $233,300
2016 $6,613 $297,300 $77,100 $220,200
2014 $6,404 $296,200 $77,100 $219,100
2013 $7,323 $296,100 $77,000 $219,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21833786

MIBOR Broker Listing Cooperative®
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