NOT LISTED FOR SALE

6710 Fairway Ave Indianapolis, IN 46250

Castleton Neighborhood

Estimated Value: $322,431 - $349,000

-- Bed
2 Baths
1,360 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $315,000 $232 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,330/month

4 Days on Market

About This Home

As of November 2022

Attention investors looking for a value add play....Don't hesitate to add this rarely available Castleton duplex into your portfolio! Each side of the duplex features 3 beds / 2.5 baths, two stories with an en suite off the primary bedroom, newer carpet, an attached 1 car garage, an outdoor patio and spacious yard. Both units are under rented by long time tenants who are currently on month to month leases. Market rents in this neighborhood are around $1300-1450. Close to restaurants, shopping, highways, schools and hospitals that make Castleton so desirable so don't hesitate!

Last Agent to Sell the Property

David Yates

Full Circle Realty, LLC Listed on: 10/10/2022

Co-Listed By

Joe Zinkan

Full Circle Realty, LLC

Last Buyer's Agent

Craig DeBoor

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1989

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 10,019 Sq Ft Lot

Community Details

  • Fairway Village Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, all utilities, water
  • The owner pays for taxes
  • Assessor Parcel Number 490222113039000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,150

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Multi-Level, Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1989
  • Co List Office Phone: 317-396-1600
  • Lot Size Acres: 0.23
  • Structure Type: Apartment Building, Duplex
  • Subdivision Name: FAIRWAY VILLAGE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • MBR_AttributionContact: davidyatesrealestate@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 310000

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490222113039000400
  • Acres: <1/4 Acre
  • Lot Information: Access Street,See Remarks
  • Lot Number: 6
  • Lot Size: 10,019

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4150
  • Semi Annual Property Tax Amt: 2075
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Nov 22, 2022
Sold by
Yzz Ventures Llc
Bought by
Mzumara Joyce
Seller's Agent
David Yates
Full Circle Realty, LLC
Buyer's Agent
Craig DeBoor
eXp Realty, LLC
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Views
2
Current Estimated Value
$328,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,427
Avg. Annual Appreciation
1.54%
Original Mortgage
$189,000
Outstanding Balance
$184,303
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$144,124

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 6, 2022
Sold by
Frick Joel H and Frick Susan Lynn
Bought by
Yzz Ventures Llc
Seller's Agent
David Yates
Full Circle Realty, LLC
Buyer's Agent
Craig DeBoor
eXp Realty, LLC
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$184,303
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$144,124
Source: Public Records

Range of Values:

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Average Value
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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
Mzumara Joyce $315,000 --
Yzz Ventures Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mzumara Joyce $189,000
Previous Owner Frick Joel H $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $315,000 +1.6% $232 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $310,000 -- $228 / 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 $6,383 $287,200 $31,600 $255,600
2023 $6,383 $287,200 $31,600 $255,600
2022 $5,788 $265,000 $31,600 $233,400
2021 $4,284 $187,000 $24,400 $162,600
2020 $4,323 $187,000 $24,400 $162,600
2019 $4,257 $206,400 $24,400 $182,000
2018 $3,806 $184,000 $24,400 $159,600
2017 $3,404 $164,000 $24,400 $139,600
2016 $3,166 $152,200 $24,400 $127,800
2014 $3,016 $150,800 $24,400 $126,400
2013 $1,902 $134,400 $24,400 $110,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Yates

    Full Circle Realty, LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Joe Zinkan

    Full Circle Realty, LLC

    Section Image

  • C

    Buyer's Agent in 2022

    Craig DeBoor

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887678

MIBOR Broker Listing Cooperative®

APN: 49-02-22-113-039.000-400

Indiana Marion County Indianapolis 46250 Castleton

6710 Fairway Ave, Indianapolis, IN

This home is located at 6710 Fairway Ave, Indianapolis, IN 46250 since 10 October 2022 and is currently estimated at $338,144, approximately $248 per square foot. This property was built in 1989. 6710 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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