
Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
5 in this area
434 Total Sales
Estimated Value: $148,000 - $159,000
Nestled in the vibrant Butler-Tarkington neighborhood, this charming duplex offers a prime investment opportunity amidst the area's ongoing revitalization. Boasting a perfect blend of character and potential, this well-maintained property presents an enticing prospect for investors and house hackers alike. Each unit features 1br/1ba (581sq ft) providing comfortable living spaces, while also offering separate, unfinished basements for additional storage and laundry areas. One side of the duplex is currently occupied, generating $800 per month (lease ends 7/31/24). Meanwhile, the other side stands vacant and rent-ready, presenting an excellent chance for immediate occupancy or rental. All utilities are separately metered. Situated in a highly sought-after location, residents will enjoy easy access to downtown Indianapolis, major thoroughfares, Broad Ripple, the State Fairgrounds, Newfields, the Monon Trail, and much more! The neighborhood's ongoing revitalization adds to its appeal, with new builds and renovated homes sprinkled around the area. Furthermore, the property's proximity to Butler University makes it an attractive option for students, faculty, and staff seeking convenient housing solutions. Investors stand to benefit from the property's immediate cash flow potential, with one unit already generating income and the other primed for immediate occupancy. House hackers, on the other hand, can seize the chance to offset their mortgage expenses by living in one unit while renting out the other, thereby building equity and maximizing their investment potential. Don't miss out on this rare opportunity to be a part of one of Indianapolis's most promising neighborhoods. Schedule a viewing today and take the first step towards becoming a part of the exciting growth story unfolding in Butler-Tarkington!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: peter@peterstewartrealty.com License #RB15000083 Listed on: 03/27/2024
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Tlc Hospitality Llc | -- | Royal Title Services | |
Carroll Tim | $175,000 | Boston National Title | |
Baker Property Holdings Llc | -- | None Available | |
Baker Daniel | $80,000 | First American Title Insurance | |
Wilson Rene Lynn | -- | None Available | |
Davis Yvette | -- | None Available | |
S&C Financial Group Rentals Llc | -- | None Available | |
S&C Financial Group Llc | $4,200 | None Available | |
Dorsey Investments Marion County | -- | -- | |
Indianapolis Downtown Real Estate | -- | -- | |
Marion County | -- | -- | |
Indianapolis Downtown Real Estate | $7,600 | -- | |
Marion County | $19,000 | -- | |
Home Solutions Partners Ii Reo Llc | -- | None Available |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Carroll Tim | $108,750 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/25/2024 04/25/24 | Sold | $160,000 | +6.7% | $275 / Sq Ft |
03/28/2024 03/28/24 | Pending | -- | -- | -- |
03/27/2024 03/27/24 | For Sale | $150,000 | -- | $258 / Sq Ft |
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 | $3,528 | $123,000 | $20,700 | $102,300 |
2023 | $3,528 | $143,700 | $20,700 | $123,000 |
2022 | $3,079 | $143,700 | $20,700 | $123,000 |
2021 | $2,222 | $91,300 | $9,600 | $81,700 |
2020 | $1,235 | $80,600 | $9,600 | $71,000 |
2019 | $1,010 | $64,700 | $9,600 | $55,100 |
2018 | $906 | $54,400 | $4,000 | $50,400 |
2017 | $1,733 | $58,900 | $4,000 | $54,900 |
2016 | $771 | $69,300 | $4,000 | $65,300 |
2014 | $1,254 | $58,000 | $4,000 | $54,000 |
2013 | $1,015 | $48,800 | $4,000 | $44,800 |
Seller's Agent in 2024
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
5 in this area
434 Total Sales
Buyer's Agent in 2024
Ted O'Donnell
F.C. Tucker Company
(317) 450-8041
5 in this area
79 Total Sales
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21970725
APN: 49-06-14-125-109.000-801