NOT LISTED FOR SALE

6628 Fairway Ave Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $269,000 - $342,000

-- Bed
2 Baths
704 Sq Ft
$434/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $136,000 $193 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,143/month

34 Days on Market

About This Home

As of October 2014

Investors dream! 100% occupied & postive cash flow! Pristine duplex in the much desired Castleton area offering over 1000 sqft per unit including 2 bdrms, 2.5 bths, Large Eatin Kit w/ all appl included. Spacious Family Rm, and laundry on main level. Huge lot w/ rear yard backing up golf course. Each unit has 1 car attached garage. Updates include New roof and complete interior remodel 2013. New Furnace & A/C 2013.

Last Agent to Sell the Property

Jeremy Sandlin

F.C. Tucker Company Listed on: 08/13/2014

F.C. Tucker Company

Co-Listed By

Josh Monteith

Monteith-Legault Real Estate C

Last Buyer's Agent

Jennifer Puterbaugh

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 704 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Community Details

  • Fairway Village Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, carpet cleaning, insurance
  • The owner pays for ins hazard, insurance, no utilities, taxes
  • Tax Lot 11
  • Assessor Parcel Number 490222113015000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,176

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1989
  • Building Area Total: 704
  • Lot Size Acres: 0.24
  • Structure Type: Duplex
  • Subdivision Name: Fairway Village
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jeremy@talktotucker.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Living Area: 704
  • Owner Pays: Ins Hazard, Insurance, Insurance, No Utilities, Taxes
  • Upper Level Sq Ft: 704
  • SqFt Total: 704

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Other
  • List Price: 149900

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Utilities: Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 7262

Lot Info

  • Lot Features: Curbs
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.24
  • Parcel Number: 490222113015000400
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities, Carpet Cleaning, Insurance

Multi Family

  • Net Operating Income: 11818
  • Gross Income: 19080
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3176
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 1588
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 8, 2014
Sold by
Ralaja Llc
Bought by
Friends & Family Members Llc
Seller's Agent
Jeremy Sandlin
F.C. Tucker Company
Buyer's Agent
Jennifer Puterbaugh
F.C. Tucker Company
List Price
$149,900
Sold Price
$136,000
Premium/Discount to List
-$13,900
-9.27%
Current Estimated Value
$305,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,667
Avg. Annual Appreciation
8.12%
Original Mortgage
$95,200
Interest Rate
4.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 1, 2011
Sold by
Weinstein Richard and Weinstein Judy
Bought by
Ralaja Llc

Purchase Details

Closed on
May 9, 2011
Sold by
Kussow James W
Bought by
Weinstein Richard and Weinstein Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,245
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Kric Llc
Bought by
Kussow James W

Purchase Details

Closed on
Mar 21, 2006
Sold by
Kussow James W
Bought by
Kric Llc

Purchase Details

Closed on
Dec 30, 2005
Sold by
Schneider Heath N
Bought by
Kussow James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,310
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Friends & Family Members Llc -- Mtc
Ralaja Llc -- None Available
Weinstein Richard -- First American Title Ins Co
Kussow James W -- None Available
Kric Llc -- None Available
Kussow James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friends & Family Members Llc $488,800
Closed Saha Chandan $336,976
Closed Friends & Family Members Llc $95,200
Closed Friends & Family Members Llc $95,200
Previous Owner Weinstein Richard $66,245
Previous Owner Kussow James W $161,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $136,000 -9.3% $193 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $149,900 0.0% $213 / Sq Ft
10/01/2012 10/01/12 Rented $795 -13.6% --
10/01/2012 10/01/12 Under Contract -- -- --
09/19/2012 09/19/12 For Rent $920 -- --
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 $5,398 $241,900 $32,300 $209,600
2023 $5,398 $241,900 $32,300 $209,600
2022 $4,885 $223,700 $32,300 $191,400
2021 $3,655 $158,400 $25,000 $133,400
2020 $3,697 $187,600 $25,000 $162,600
2019 $4,269 $207,000 $25,000 $182,000
2018 $3,818 $184,600 $25,000 $159,600
2017 $3,416 $164,600 $25,000 $139,600
2016 $3,178 $152,800 $25,000 $127,800
2014 $3,028 $151,400 $25,000 $126,400
2013 $2,700 $135,000 $25,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeremy Sandlin

    F.C. Tucker Company

    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Josh Monteith

    Monteith-Legault Real Estate C

    Section Image

  • J

    Buyer's Agent in 2014

    Jennifer Puterbaugh

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21309560

MIBOR Broker Listing Cooperative®

APN: 49-02-22-113-015.000-400

Indiana Marion County Indianapolis 46250 Castleton

6628 Fairway Ave, Indianapolis, IN

This home is located at 6628 Fairway Ave, Indianapolis, IN 46250 since 13 August 2014 and is currently estimated at $305,667, approximately $434 per square foot. This property was built in 1989. 6628 Fairway Ave is a home located in Marion County with nearby schools including Mary Evelyn Castle Elementary School, Fall Creek Valley Middle School, and Lawrence North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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