$162,500
SOLD NOV 3, 2021

68 N 7th Ave Beech Grove, IN 46107

4 Beds
4 Baths
600 Sq Ft
5,314 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

42 Days on Market

About This Home

As of November 2021

Amazing cash flow opportunity with this 4 unit property in Beech Grove! Property is fully occupied and renovations made to all units in the last 12 months. Each unit features a spacious living room and kitchen along with a deck and large yard in the rear of the property. Great location for tenants - walking distance to restaurants and shops on Main Street; easy access to downtown Indy and Greenwood.Due to all units being occupied, showings must be scheduled directly with listing agent.

Last Agent to Sell the Property

Carly Stewart

Evermark Property Group, LLC Brokerage Email: carly@realdatagenius.com License #RB20001329 Listed on: 08/23/2021

Last Buyer's Agent

Dan Eddy

Eddy Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1913

Lot Details

  • 5,314 Sq Ft Lot
  • Additional Parcels

Home Design

  • Quadruplex
  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, insurance, lawncare, taxes, sewer, trash collection, water
  • Tax Lot 7
  • Assessor Parcel Number 491028140018000502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1913
  • Lot Size Acres: 0.122
  • Structure Type: Quadruplex
  • Subdivision Name: Beech Grove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 40625
  • MBR_AttributionContact: carly@realdatagenius.com
  • Attribution Contact: carly@realdatagenius.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Owner Pays: Electricity, Gas, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 170000

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Curbs, Sidewalks
  • Additional Parcels Description: 491028140016000502
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 5314
  • Parcel Number: 491028140018000502
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 26820
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3218
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 1609
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 3, 2021
Sold by
Anderson Samule
Bought by
Peace Of Mind Invest Llc
Seller's Agent
Carly Stewart
Evermark Property Group, LLC
Buyer's Agent
Dan Eddy
Eddy Properties, LLC
Sold Price
$162,500
Current Estimated Value
$104,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,500
Avg. Annual Appreciation
-11.79%
Original Mortgage
$130,000
Outstanding Balance
$112,471
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
-$10,971

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 22, 2019
Sold by
Fisher Glenn D and Fischer Brenda M
Bought by
Anderson Samuel
Seller's Agent
Stacy Sims
CENTURY 21 Scheetz
Buyer's Agent
Joshua Lawrence
@properties
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$104,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $162,500 Chicago Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $104,000 New Conventional
Previous Owner $79,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Rented $775 0.0% --
06/05/2023 06/05/23 Under Contract -- -- --
05/31/2023 05/31/23 For Rent $775 0.0% --
11/03/2021 11/03/21 Sold $162,500 -18.3% $271 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/24/2021 09/24/21 For Sale -- -- --
09/08/2021 09/08/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $199,000 0.0% $332 / Sq Ft
03/04/2020 03/04/20 Rented $475 0.0% --
02/19/2020 02/19/20 Under Contract -- -- --
01/15/2020 01/15/20 For Rent $475 0.0% --
05/23/2019 05/23/19 Sold $130,000 +4.0% $217 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $125,000 0.0% $208 / Sq Ft
02/03/2014 02/03/14 Rented $550 -99.5% --
02/03/2014 02/03/14 Under Contract -- -- --
10/08/2013 10/08/13 For Rent $115,000 -- --
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 $34 $900 $900 --
2023 $34 $900 $900 $0
2022 $35 $900 $900 $0
2021 $34 $900 $900 $0
2020 $32 $900 $900 $0
2019 $18 $700 $700 $0
2018 $17 $700 $700 $0
2017 $18 $700 $700 $0
2016 $17 $700 $700 $0
2014 $16 $700 $700 $0
2013 $16 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21808561

MIBOR Broker Listing Cooperative®

APN: 49-10-28-140-016.000-502