NOT LISTED FOR SALE

6721 Riverfront Ave Indianapolis, IN 46220

Ravenswood Neighborhood

Estimated Value: $195,000 - $384,000

4 Beds
-- Bath
341 Sq Ft
$767/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $377,000 $1,106 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,720/month

5 Days on Market

Highlights

  • Docks
  • River View
  • Traditional Architecture
  • Clearwater Elementary School Rated A-
  • Mature Trees
  • Shed

About This Home

As of August 2024

Leaves, trees and woodsy things. Live with a front row view of all the seasons right on the river.

Last Agent to Sell the Property

Mihir Bhimaraju

Real Broker, LLC Brokerage Email: mihirbhimaraju@welcomehomeindie.com Listed on: 06/14/2024

Last Buyer's Agent

Octavia Puckett

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,124

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • River Front
  • Mature Trees

Parking

  • Common or Shared Parking

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • River Views
  • Laundry on main level

Outdoor Features

  • Docks
  • Fire Pit
  • Shed
  • Storage Shed

Utilities

  • Central Air

Community Details

  • Island Park Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 490336116054000800
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,124

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.23
  • Structure Type: FreeStand
  • Subdivision Name: Island Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mihirbhimaraju@welcomehomeindie.com
  • Attribution Contact: mihirbhimaraju@welcomehomeindie.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood
  • Exterior Features: Outdoor Fire Pit, Storage Shed
  • View: River
  • View Y N: Yes
  • Waterfront Features: Dock, River Front
  • Waterfront: Yes
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Common

Utilities

  • Cooling: Central Electric
  • Laundry Features: Main Level
  • Solid Waste: No

Lot Info

  • Lot Features: Mature Trees
  • Current Use: Residential
  • Lot Size Sq Ft: 10019
  • Parcel Number: 490336116054000800
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Multi Family

  • Insurance Expense: 894

Tax Info

  • Tax Annual Amount: 4124
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 2062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 28, 2024
Sold by
Folia Investments Llc
Bought by
Jones Katrina
Seller's Agent
Mihir Bhimaraju
Real Broker, LLC
Buyer's Agent
Octavia Puckett
Carpenter, REALTORS®
List Price
$385,000
Sold Price
$377,000
Premium/Discount to List
-$8,000
-2.08%
Views
45
Current Estimated Value
$261,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,556
Avg. Annual Appreciation
-25.04%
Original Mortgage
$320,450
Outstanding Balance
$317,054
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$55,610

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 8, 2021
Sold by
Nicholas Properties Llc
Bought by
Folia Investments Llc
Seller's Agent
Lisa Ruggles
Keller Williams Indy Metro NE
Buyer's Agent
Diego Hernandez
Triple E Realty, LLC
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Original Mortgage
$212,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 24, 2021
Sold by
Nicholas Phyllis Clara
Bought by
Nicholas Properties Llc
Seller's Agent
Lisa Ruggles
Keller Williams Indy Metro NE
Buyer's Agent
Diego Hernandez
Triple E Realty, LLC
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 22, 2021
Sold by
Nicholas Properties Llc
Bought by
Folia Investments Llc
Seller's Agent
Lisa Ruggles
Keller Williams Indy Metro NE
Buyer's Agent
Diego Hernandez
Triple E Realty, LLC
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
Jones Katrina $377,000 First American Title Insurance
Folia Investments Llc -- Chicago Title
Nicholas Properties Llc -- Chicago Title
Nicholas Phyllis Clara -- --
Folia Investments Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Katrina $320,450
Previous Owner Folia Investments Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Off Market $1,200 -- --
01/18/2025 01/18/25 For Rent -- -- --
11/15/2024 11/15/24 For Rent $1,200 0.0% --
10/08/2024 10/08/24 Off Market $1,200 -- --
08/29/2024 08/29/24 Sold $377,000 -2.1% $1,106 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $385,000 +45.3% $1,129 / Sq Ft
09/23/2021 09/23/21 Sold $265,000 +6.4% $354 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $249,000 -- $333 / 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 $4,124 $158,300 $12,600 $145,700
2023 $4,124 $158,300 $12,600 $145,700
2022 $4,923 $158,300 $12,600 $145,700
2021 $1,106 $38,300 $7,200 $31,100
2020 $1,028 $37,400 $7,200 $30,200
2019 $970 $37,400 $7,200 $30,200
2018 $912 $35,800 $7,200 $28,600
2017 $914 $36,400 $7,200 $29,200
2016 $845 $35,800 $7,200 $28,600
2014 $717 $34,800 $7,200 $27,600
2013 $712 $34,800 $7,200 $27,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mihir Bhimaraju

    Real Broker, LLC

    (513) 264-7638

    1 in this area

    41 Total Sales

    Mihir Bhimaraju
    Section Image

  • O

    Buyer's Agent in 2024

    Octavia Puckett

    Carpenter, REALTORS®

  • Lisa Ruggles

    Seller's Agent in 2021

    Lisa Ruggles

    Keller Williams Indy Metro NE

    (317) 473-6533

    4 in this area

    70 Total Sales

    Lisa Ruggles
    Section Image

  • D

    Buyer's Agent in 2021

    Diego Hernandez

    Triple E Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21985142

MIBOR Broker Listing Cooperative®

APN: 49-03-36-116-054.000-800

Indiana Marion County Indianapolis 46220 Ravenswood

6721 Riverfront Ave, Indianapolis, IN

Not Listed for Sale

MultiFamily

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