NOT LISTED FOR SALE

Estimated Value: $418,000 - $464,000

4 Beds
-- Bath
1,320 Sq Ft
$334/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $365,000 $277 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,133/month

2 Days on Market

About This Home

As of December 2022

Unique duplex in the heart of Meridian-Kessler. Live in one & rent the other, or rent both. First floor boasts a terrifically sized living room/sunroom (29x13) with wb fireplace, separate dining room, large kitchen & breakfast room. Two spacious bedrooms, & a full bath in ea/unit. Upstairs unit has a large living room (20x13), gas log fireplace & a balcony, sep dining room & two large bedrooms as well. Sep entrances in front & back doors. Solid, well maintained, full of architectural details, two fireplaces, arched doorways, & hardwood floors add charm. High ceilings, lots of light on both units. Low maintenance brick exterior. Newer roofs, HVAC and updated electrical. Appliances included sold "as is" not warranted.
Sold as is.

Last Agent to Sell the Property

Alexander Mirkin

Mirkin Real Estate Svc, LLC Listed on: 11/04/2022

Last Buyer's Agent

Jason Sciortino

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1922

Lot Details

  • 6,050

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • 2-Story Property
  • 6,050 Sq Ft Lot
  • Basement

Community Details

  • Melhorn Reed Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 490612198006000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1922
  • Lot Size Acres: 0.1389
  • Structure Type: Duplex
  • Subdivision Name: MELHORN-REED
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.alexmirkin.com
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: alexandermirkin1@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2631
  • Laundry: Common

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 350000
  • Road Access: CityStreet
  • Roof: Shingle, approx. 12 years old.

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490612198006000801
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Tree Mature
  • Lot Number: 2
  • Lot Size: 6,050

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3444
  • Semi Annual Property Tax Amt: 1722
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Center for Inquiry School 70 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 30, 2022
Sold by
Blackwell Jacqueline
Bought by
Bruns Joel D and Bruns Philip E
Seller's Agent
Alexander Mirkin
Mirkin Real Estate Svc, LLC
Buyer's Agent
Jason Sciortino
F.C. Tucker Company
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Views
8
Current Estimated Value
$440,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,947
Avg. Annual Appreciation
6.93%
Original Mortgage
$272,000
Outstanding Balance
$263,838
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$177,109
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
Bruns Joel D $365,000 Near North Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruns Joel D $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $365,000 +4.3% $277 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $350,000 -- $265 / 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 $9,434 $418,100 $58,300 $359,800
2023 $9,434 $391,100 $58,300 $332,800
2022 $3,628 $219,100 $58,300 $160,800
2021 $3,595 $212,800 $31,900 $180,900
2020 $3,162 $192,100 $31,900 $160,200
2019 $3,154 $189,300 $31,900 $157,400
2018 $2,893 $175,000 $31,900 $143,100
2017 $2,523 $172,300 $31,900 $140,400
2016 $2,387 $169,500 $31,900 $137,600
2014 $3,138 $303,600 $31,900 $271,700
2013 $4,574 $303,600 $31,900 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21891340

MIBOR Broker Listing Cooperative®

APN: 49-06-12-198-006.000-801