NOT LISTED FOR SALE
2 Beds
1 Bath
530 Sq Ft
25,700 Sq Ft Lot

Last Sold January 11, 2022

Last sale price $675,000 $1,274 Per Sq Ft

5 Days on Market

About This Home

As of January 2022

Great opportunity to add this cash flowing apartment complex to your portfolio. 11 of 12 units currently rented; grossing $6956/month. 1 vacant unit1 have potential for another $675. Access to a vacant unit will be provided initially. All other units can be accessed with an accepted PA. All units are similar.

Last Agent to Sell the Property

David Mann

Resolute Realty License #RB15000944 Listed on: 12/01/2021

Last Buyer's Agent

Alex Montagano

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,972

Year Built

  • 1969

Lot Details

  • 0.59

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,972

Year Built

1969

Lot Details

0.59 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Commercial Units - 5+
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: W on 21st from Shadeland. Property will be on the right.
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment Building
  • Subdivision Name: PASADENA HEIGHTS
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Common
  • Owner Pays: Other

Exterior Features

  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Guest Parking,Parking Lot

Utilities

  • Solid Waste: 1

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Information: Not Applicable
  • Lot Number: 8
  • Lot Size: 25,962

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 2486
  • Tax Exemption: None
  • Tax Annual Amount: 4972
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • School District: Indianapolis Public Schools
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2022 01/11/22 Sold $675,000 0.0% $1,274 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $675,000 -- $1,274 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $8,988 $422,900 $36,000 $386,900
2024 $7,441 $390,800 $36,000 $354,800
2023 $7,441 $313,000 $36,000 $277,000
2022 $5,051 $218,900 $18,000 $200,900
2021 $4,602 $198,400 $16,400 $182,000
2020 $4,972 $215,200 $16,400 $198,800
2019 $4,772 $206,400 $16,400 $190,000
2018 $4,764 $206,400 $16,400 $190,000
2017 $4,781 $229,300 $16,400 $212,900
2016 $4,535 $217,400 $16,400 $201,000
2014 $4,250 $212,500 $16,400 $196,100
2013 $4,551 $212,500 $16,400 $196,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21827026

MIBOR Broker Listing Cooperative®
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