NOT LISTED FOR SALE

646 E 31st St Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $343,000 - $374,000

6 Beds
-- Bath
1,405 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $358,000 $255 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,299/month

35 Days on Market

About This Home

As of September 2024

Welcome to this beautifully renovated duplex, completed in 2022! This stunning property boasts a new roof, new windows, new HVAC systems, and updated plumbing and electrical systems, ensuring peace of mind and low maintenance for years to come. The home features exquisite finishes, including exposed brick, modern light fixtures, a charming original brick fireplace, custom tile features, and brand-new appliances. Additionally, washer and dryer hookups are conveniently located in the basement and one set is included! Currently, the left side of the duplex is occupied by a tenant paying $1,435 per month, with a lease in place until May 2025. The right side is vacant, offering an excellent opportunity to capture higher rent or for a house hacker looking to live in one unit while renting out the other. This property is perfect for investors seeking a turnkey rental or for homeowners looking to offset their mortgage. Right side is vacant and can be shown anytime.

Last Agent to Sell the Property

Morgan Thompson

Berkley & State, LLC Brokerage Email: morgan@berkleyandstate.com License #RB22000437 Listed on: 06/20/2024

Last Buyer's Agent

Austin Brown

Wright, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 2,744

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property
  • Basement

Additional Features

  • 2,744 Sq Ft Lot
  • Central Air

Community Details

  • Mapleton Fall Creek Subdivision

Listing and Financial Details

  • Tax Lot 1060551
  • Assessor Parcel Number 490624138183000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,958

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.06
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: Mapleton-Fall Creek
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: morgan@berkleyandstate.com
  • Attribution Contact: morgan@berkleyandstate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Access Rd

Utilities

  • Cooling: Central Electric
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2744
  • Parcel Number: 490624138183000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5958
  • Tax Lot: 1060551
  • Semi Annual Property Tax Amt: 2979
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Sep 11, 2024
Sold by
Odonnell Mackenzie W
Bought by
Hernandez Nicholas P
Seller's Agent
Morgan Thompson
Berkley & State, LLC
Buyer's Agent
Austin Brown
Wright, REALTORS®
List Price
$379,900
Sold Price
$358,000
Premium/Discount to List
-$21,900
-5.76%
Views
67
Current Estimated Value
$362,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,995
Avg. Annual Appreciation
1.07%
Original Mortgage
$358,000
Outstanding Balance
$353,976
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
$9,019

Purchase Details

Listed on
Aug 19, 2022
Closed on
Dec 29, 2022
Sold by
Hrei Management Company Llc
Bought by
Odonnell Mackenzie W
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Amanda Speedy
CENTURY 21 Scheetz
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$294,057
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 19, 2022
Closed on
Dec 28, 2022
Sold by
Hrei Management Company Llc
Bought by
Odonnell Mackenzie W
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Amanda Speedy
CENTURY 21 Scheetz
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,057
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2021
Sold by
Dp Group Llc
Bought by
Hrei Management Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,849
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 8, 2020
Sold by
New Money Housing Llc
Bought by
Dp Group Llc

Purchase Details

Closed on
Jun 5, 2018
Sold by
Faulkner Roddrick
Bought by
New Money Housing Llc

Purchase Details

Closed on
Aug 4, 2011
Sold by
Helm Steve Charles
Bought by
Walls Larry L

Purchase Details

Closed on
Jan 31, 2011
Sold by
Walls Larry L
Bought by
Walls Raquel

Purchase Details

Closed on
Jun 22, 2005
Sold by
Helm Mary L
Bought by
Helm Steven Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Nicholas P $358,000 Chicago Title
Odonnell Mackenzie W -- Fidelity National Title
Odonnell Mackenzie W $340,000 Fidelity National Title
Hrei Management Company Llc -- None Listed On Document
Dp Group Llc $70,000 Eagle Land Title
New Money Housing Llc -- None Available
Walls Larry L -- None Available
Walls Raquel -- None Available
Helm Steven Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Nicholas P $358,000
Previous Owner Odonnell Mackenzie W $294,057
Previous Owner Odonnell Mackenzie W $294,057
Previous Owner Hrei Management Company Llc $239,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $358,000 -3.0% $255 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $369,000 -1.6% $263 / Sq Ft
07/05/2024 07/05/24 Price Changed $375,000 -1.3% $267 / Sq Ft
06/20/2024 06/20/24 For Sale $379,900 +11.7% $270 / Sq Ft
01/14/2023 01/14/23 Sold $340,000 -5.3% $242 / Sq Ft View Prior Sale
12/04/2022 12/04/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $359,000 0.0% $256 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $359,000 0.0% $256 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $359,000 -- $256 / 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 $4,834 $286,300 $20,700 $265,600
2023 $4,834 $278,500 $20,700 $257,800
2022 $4,822 $255,100 $20,700 $234,400
2021 $2,504 $103,500 $5,100 $98,400
2020 $3,867 $92,300 $5,100 $87,200
2019 $4,855 $90,500 $5,100 $85,400
2018 $3,056 $92,300 $5,100 $87,200
2017 $1,814 $80,300 $5,100 $75,200
2016 $1,176 $80,900 $5,100 $75,800
2014 $1,278 $90,900 $5,100 $85,800
2013 $1,245 $90,900 $5,100 $85,800
Source: Public Records

Agents Affiliated with this Home

  • Morgan Thompson

    Seller's Agent in 2024

    Morgan Thompson

    Berkley & State, LLC

    (317) 548-2145

    2 in this area

    71 Total Sales

    Morgan Thompson
    Section Image

  • A

    Buyer's Agent in 2024

    Austin Brown

    Wright, REALTORS®

    Section Image
  • Charlene Gaard

    Seller's Agent in 2023

    Charlene Gaard

    No Limit Real Estate, LLC

    (317) 440-2149

    5 in this area

    251 Total Sales

    Charlene Gaard
    Section Image

  • A

    Buyer's Agent in 2023

    Amanda Speedy

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21985702

MIBOR Broker Listing Cooperative®

APN: 49-06-24-138-183.000-101

Indiana Marion County Indianapolis 46205 Mapleton-Fall Creek

646 E 31st St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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