NOT LISTED FOR SALE

711 N Colorado Ave Indianapolis, IN 46201

Near Eastside Neighborhood

Estimated Value: $154,000 - $173,000

2 Beds
-- Bath
1,170 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $155,000 $132 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,033/month

44 Days on Market

About This Home

As of September 2023

Great Investment Opportunity! 2-Story Duplex, 2 BR 1 Bath- both units. 709 is Tenant occupied until July 31st. Sold As-Is

Last Agent to Sell the Property

Karen Kelly

Fathom Realty License #RB14044656 Listed on: 06/11/2023

Fathom Realty

Last Buyer's Agent

Lora Reynolds

Weichert, REALTORS - Success!

Weichert, REALTORS - Success!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1920

Lot Details

  • 5,445

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • 5,445 Sq Ft Lot
  • Forced Air Heating System
  • Basement

Community Details

  • C E Reynolds North Tuxedo Add Subdivision

Listing and Financial Details

  • Tax Lot 235
  • Assessor Parcel Number 491004145133000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,032

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: 2021
  • Year Built: 1920
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: C E Reynolds North Tuxedo Add
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: kkelly@fathomrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Gross Area Sq Ft: 2340
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 155000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Heating: Forced Air
  • Laundry Features: Connections Some
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5445
  • Parcel Number: 491004145133000101
  • Zoning: 01
  • Acres: <1/4 Acre
  • Price Acre: 1192308

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1032
  • Tax Lot: 235
  • Semi Annual Property Tax Amt: 516
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Sep 5, 2023
Sold by
Equity Trust Co
Bought by
Maddock Kallen
Seller's Agent
Karen Kelly
Fathom Realty
Buyer's Agent
Lora Reynolds
Weichert, REALTORS - Success!
List Price
$155,000
Sold Price
$155,000
Total Days on Market
44
Views
84
Current Estimated Value
$162,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,275
Avg. Annual Appreciation
2.69%
Original Mortgage
$152,192
Outstanding Balance
$149,602
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$12,673

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 20, 2021
Sold by
Equity Trust Co
Bought by
Equity Trust Co
Seller's Agent
Keya Benberry
Buy With Benberry Realty Grp
Buyer's Agent
Evan Wilbrandt
Wilmoth Group
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.43%

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 6, 2021
Sold by
Warren Paul Allen
Bought by
Equity Trust Co
Seller's Agent
Keya Benberry
Buy With Benberry Realty Grp
Buyer's Agent
Evan Wilbrandt
Wilmoth Group
List Price
$115,000
Sold Price
$115,000

Purchase Details

Closed on
Jun 10, 2011
Sold by
Southpac Properties Llc
Bought by
Warren Paul Allen

Purchase Details

Closed on
May 19, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Southpac Properties Llc

Purchase Details

Closed on
Mar 3, 2009
Sold by
Dillard Anitra N and Dillard Omar D
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

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Range of Values:

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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
Maddock Kallen $155,000 None Listed On Document
Equity Trust Co $126,764 None Available
Equity Trust Co $115,000 None Available
Warren Paul Allen -- Chicago Title Insurance Co
Southpac Properties Llc -- Statewide Title Company Inc
Federal Home Loan Mortgage Corp $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddock Kallen $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $155,000 0.0% $132 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $155,000 0.0% $132 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $155,000 0.0% $132 / Sq Ft
11/05/2021 11/05/21 Rented -- -- --
10/19/2021 10/19/21 Under Contract -- -- --
10/01/2021 10/01/21 For Rent $650 0.0% --
08/09/2021 08/09/21 Sold $115,000 0.0% $98 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $115,000 -- $98 / 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 $1,469 $136,300 $6,100 $130,200
2023 $1,469 $93,900 $6,100 $87,800
2022 $2,213 $89,500 $6,100 $83,400
2021 $1,130 $44,700 $6,100 $38,600
2020 $1,075 $42,200 $2,800 $39,400
2019 $1,027 $39,400 $2,800 $36,600
2018 $1,015 $38,600 $2,800 $35,800
2017 $846 $35,400 $2,800 $32,600
2016 $828 $35,400 $2,800 $32,600
2014 $670 $31,000 $2,800 $28,200
2013 $569 $36,400 $2,800 $33,600
Source: Public Records

Agents Affiliated with this Home

  • Karen Kelly

    Seller's Agent in 2023

    Karen Kelly

    Fathom Realty

    (317) 496-5759

    8 in this area

    70 Total Sales

    Karen Kelly
    Section Image
  • Lora Reynolds

    Buyer's Agent in 2023

    Lora Reynolds

    Weichert, REALTORS - Success!

    (317) 496-6291

    6 in this area

    505 Total Sales

    Section Image
  • Keya Benberry

    Seller's Agent in 2021

    Keya Benberry

    Buy With Benberry Realty Grp

    (317) 441-2426

    1 in this area

    36 Total Sales

    Keya Benberry
    Section Image
  • Evona Watson

    Seller's Agent in 2021

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    6 in this area

    129 Total Sales

    Evona Watson
    Section Image
  • Korea Milledge

    Seller Co-Listing Agent in 2021

    Korea Milledge

    Triple E Realty

    (317) 985-3484

    Section Image
  • Evan Wilbrandt

    Buyer's Agent in 2021

    Evan Wilbrandt

    Wilmoth Group

    (317) 600-1062

    17 in this area

    83 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21926381

MIBOR Broker Listing Cooperative®

APN: 49-10-04-145-133.000-101

Indiana Marion County Indianapolis 46201 Near Eastside

711 N Colorado Ave, Indianapolis, IN

This home is located at 711 N Colorado Ave, Indianapolis, IN 46201 since 11 June 2023 and is currently estimated at $162,275, approximately $138 per square foot. This property was built in 1920. 711 N Colorado Ave is a home located in Marion County with nearby schools including Ralph Waldo Emerson School 58, Arlington Community Middle School, and Arsenal Technical 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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