NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
8,799 Sq Ft Lot

Sale Details

Date Sold: March 24, 2021

Last sale price $615,000

About This Home

As of March 2021

Two buildings with 4 units in each building and all units are occupied. 4 of the units have recently been updated with new flooring and fresh paint throughout. All exterior wood was painted recently and landscaping was completed. One building has a new roof that was replaced in 2018. All units have new storm/security doors and security cages for the outside A/C units. The units have been getting updated as the tenants move out.

Last Agent to Sell the Property

Jamie Richardson

Realty Wealth Advisors License #RB14029798 Listed on: 02/17/2021

Last Buyer's Agent

James Storey, SIOR, CCIM

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1960

Lot Details

  • 8,799 Sq Ft Lot
  • Privacy Fence

Parking

  • Driveway

Home Design

  • Block Foundation
  • Stone

Interior Spaces

  • 2-Story Property

Community Details

  • Sheridan Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • The owner pays for lawncare, taxes, trash collection
  • Assessor Parcel Number 490714111158000401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1960

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1960
  • Lot Size Acres: 0.202
  • Road Surface Type: Concrete
  • Structure Type: Apartment Building
  • Subdivision Name: SHERIDAN HEIGHTS
  • Inspection Warranties: General
  • Property Description: Two buildings with 4 units in each building and all units are occupied. 4 of the units have recently been updated with new flooring and fresh paint throughout. All exterior wood was painted recently and landscaping was completed. One building has a new roof that was replaced in 2018. All units have new storm/security doors and security cages for the outside A/C units. The units have been getting updated as the tenants move out.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Lawncare, Taxes, Trash Collection
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood, Wood With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Privacy
  • Foundation Details: Block
  • Road Access: Frontage Road,CityStreet

Garage/Parking

  • Unit Parking: Covered,1 Car Garage,1 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Insurance Expenses: 500

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490714111158000401
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 747-L
  • Lot Size: 8,799

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Tax Info

  • Tax Annual Amount: 6000
  • Semi Annual Property Tax Amt: 3000
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 22, 2021
Sold by
Bought by
Seller's Agent
Jamie Richardson
Realty Wealth Advisors
Buyer's Agent
James Storey, SIOR, CCIM
Keller Williams Indy Metro S
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
2.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2016
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$535,000 First American Title
$535,000 --
$140,300 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $462,750
Closed $635,000
Previous Owner $374,500
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
03/24/2021 03/24/21 Sold $615,000 -5.4% --
02/18/2021 02/18/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $650,000 -- --
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 $3,647 $184,300 $35,600 $148,700
2024 $5,501 $153,700 $35,600 $118,100
2023 $5,501 $212,800 $35,600 $177,200
2022 $4,526 $177,900 $35,600 $142,300
2021 $3,625 $143,300 $26,900 $116,400
2020 $3,180 $123,800 $26,900 $96,900
2019 $3,130 $119,600 $26,900 $92,700
2018 $3,149 $119,600 $26,900 $92,700
2017 $2,632 $115,800 $26,900 $88,900
2016 $2,031 $89,500 $5,600 $83,900
2014 $1,924 $89,000 $5,600 $83,400
2013 $2,205 $89,000 $5,600 $83,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21766303

MIBOR Broker Listing Cooperative®
Your Personal Tour Guide

Ask me questions while you tour the home.