NOT LISTED FOR SALE

68 S 7th Ave Beech Grove, IN 46107

Estimated Value: $288,000 - $319,000

2 Beds
-- Bath
1,950 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $190,000 $97 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,125/month

19 Days on Market

About This Home

As of November 2019

Investment Opportunity in this updated 2-3 unit, multi-family home with covered porch located in the heart of Beech Grove! Seller currently lives in one unit and rents one of the other two. The previous owner was leasing all (3) units but the current owner has combined units #2 and #3 to be one unit. Main level unit features 2 beds, 1 full bath, updated kitchen with new appliances & tiled backsplash, basement access. 2nd unit features 3 beds, 2 full baths, full kitchen with new appliances. Outback you will find a fenced-in yard, 20x11 covered porch, single car detach garage. Other updates include updated lighting throughout, paint, roof 2yrs old, newer HVAC.

Last Agent to Sell the Property

Steve Lew

Steve Lew Real Estate Group, LLC License #RB14046291 Listed on: 09/22/2019

Co-Listed By

Brian Coffey

Steve Lew Real Estate Group, LLC License #RB18001599

Last Buyer's Agent

David Moudy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Additional Features

  • Basement

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491028137075000502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,776

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Multi-Level,TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1912
  • Co List Office Phone: 317-658-2042
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: BEECH GROVE
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity in this updated 2-3 unit, multi-family home with covered porch located in the heart of Beech Grove! Seller currently lives in one unit and rents one of the other two. The previous owner was leasing all (3) units but the current owner has combined units #2 and #3 to be one unit. Main level unit features 2 beds, 1 full bath, updated kitchen with new appliances & tiled backsplash, basement access. 2nd unit features 3 beds, 2 full baths, full kitchen with new appliances. Outback you will find a fenced-in yard, 20x11 covered porch, single car detach garage. Other updates include updated lighting throughout, paint, roof 2yrs old, newer HVAC.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More,Basement
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage,On Street,2 Car Space

Utilities

  • Solid Waste: 1

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491028137075000502
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks,Trees Small
  • Lot Number: 19
  • Lot Size: 5314

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 2776
  • Semi Annual Property Tax Amt: 1388
  • Tax Exemption: None

MLS Schools

  • School District: Beech Grove
  • Schools: Beech Grove High,Beech Grove Middle,Hornet Park Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Mielczarek Austin
Bought by
Wagner Mackenzie and Hooker Benjamin
Current Estimated Value
$308,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,703
Outstanding Balance
$201,660
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
$106,490

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 12, 2019
Sold by
Bailey Dylan Thomas and Bailey Olivia Noel
Bought by
Mielczarek Austin
Seller's Agent
Steve Lew
Steve Lew Real Estate Group, LLC
Buyer's Agent
David Moudy
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$186,558
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 31, 2017
Closed on
May 9, 2018
Bought by
Bailey Dylan Thomas and Bailey Olivia Noel
Seller's Agent
David Brenton
DAVID BRENTON'S TEAM
Buyer's Agent
Alex Hallmann
F.C. Tucker Company
List Price
$175,000
Sold Price
$167,000
Premium/Discount to List
-$8,000
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$163,975
Interest Rate
4.5%
Mortgage Type
FHA
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
Wagner Mackenzie -- Chicago Title
Wagner Mackenzie -- Chicago Title
Mielczarek Austin $190,000 Meridian Title Corporation
Bailey Dylan Thomas $167,000 --
Bailey Dylan Thomas $167,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Mackenzie $203,703
Closed Wagner Mackenzie $203,703
Previous Owner Mielczarek Austin $186,558
Previous Owner Bailey Dylan Thomas $163,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2019 11/12/19 Sold $190,000 +2.7% $97 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $185,000 0.0% $95 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $185,000 +10.8% $95 / Sq Ft
05/09/2018 05/09/18 Sold $167,000 -4.6% $86 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $175,000 0.0% $90 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $175,000 0.0% $90 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
08/31/2017 08/31/17 For Sale $175,000 -- $90 / 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 $6,020 $298,200 $17,000 $281,200
2023 $6,020 $263,600 $17,000 $246,600
2022 $6,802 $242,200 $17,000 $225,200
2021 $5,022 $202,100 $17,000 $185,100
2020 $3,378 $185,200 $17,000 $168,200
2019 $3,185 $180,900 $14,000 $166,900
2018 $2,776 $115,200 $14,000 $101,200
2017 $2,822 $112,800 $14,000 $98,800
2016 $2,707 $109,300 $14,000 $95,300
2014 $2,319 $98,700 $14,000 $84,700
2013 $2,052 $87,300 $14,000 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21670555

MIBOR Broker Listing Cooperative®

APN: 49-10-28-137-075.000-502