NOT LISTED FOR SALE

Estimated Value: $83,000 - $97,000

1 Bed
-- Bath
622 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $65,000 $105 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $630/month

42 Days on Market

About This Home

As of April 2022

1 bed 1 bath per side duplex ready to be a cash cow once again! Once completed rent comps are $600-$650 per side!

Last Listed By

Charlene Gaard

No Limit Real Estate, LLC Listed on: 12/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Ranch Style House
  • Aluminum Siding

Listing and Financial Details

  • Assessor Parcel Number 490626126131000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 69900

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490626126131000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley
  • Lot Number: 8
  • Lot Size: 40 X 128

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 914
  • Semi Annual Property Tax Amt: 457
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 29, 2022
Sold by
Topstone Bayflip Ind 1 Llc
Bought by
Socorro Solutions 71010 Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Abigail Acosta
Keller Williams Indpls Metro N
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Total Days on Market
42
Current Estimated Value
$90,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,667
Avg. Annual Appreciation
11.18%
Original Mortgage
$45,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 24, 2022
Sold by
Topstone Bayflip Ind 1 Llc
Bought by
Socorro Solutions 71010 Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Abigail Acosta
Keller Williams Indpls Metro N
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

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
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2016
Sold by
Executive Property Investments Llc
Bought by
Topstone Bayflip Ind 1 Llc

Purchase Details

Closed on
Oct 25, 2016
Sold by
Cunningham James
Bought by
Quantrell Turner Member

Purchase Details

Closed on
Oct 18, 2013
Sold by
Marion County Auditor
Bought by
Marion County

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
Socorro Solutions 71010 Llc -- Investors Title
Socorro Solutions 71010 Llc $65,000 Investors Title
Topstone Bayflip Ind 1 Llc -- None Available
Quantrell Turner Member $16,000 --
Executive Property Investments Llc -- None Available
Marion County $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Socorro Solutions 71010 Llc $191,250
Closed Socorro Solutions 71010 Llc $45,000
Closed Socorro Solutions 71010 Llc $45,000
Previous Owner Topstone Bayflip Ind 1 Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $65,000 -7.0% $105 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $69,900 -- $112 / 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 $1,465 $55,600 $13,000 $42,600
2023 $1,465 $56,500 $13,000 $43,500
2022 $1,300 $54,900 $13,000 $41,900
2021 $1,117 $43,000 $3,500 $39,500
2020 $4,434 $39,200 $3,500 $35,700
2019 $6,058 $38,900 $3,500 $35,400
2018 $3,633 $36,400 $3,500 $32,900
2017 $6,679 $33,300 $3,500 $29,800
2016 $773 $31,800 $3,500 $28,300
2014 $290 $13,100 $3,500 $9,600
2013 $330 $13,800 $3,500 $10,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21829772

MIBOR Broker Listing Cooperative®

APN: 49-06-26-126-131.000-101