NOT LISTED FOR SALE

7130 E 43rd St Unit 2 Indianapolis, IN 46226

Estimated Value: $150,000 - $161,000

-- Bed
-- Bath
-- Sq Ft
0.26 Acres

Last Sold July 26, 2022

Last sale price $132,500

Est. 17% increase in value since last sale

Current estimated payment $938/month

2 Days on Market

About This Home

As of July 2022

A Cozy 4 bedroom and 2 bath duplex located in northern Lawrence & Indianapolis area. Both units of the duplex are 800 sqft with 2 bedroom and 1 bath per side. Both units of the duplex were remodeled and renovated in 2019 with new fixtures, windows, hardware, flooring, paint, refrigerator, stove and many other improvements. Also, a New Roof was placed on the property in April 2022. Both Units are rented at $650 per side with long term tenants. Estimated potential market rents are $700 per side. Located close to the downtown of Indianapolis and Lawrence, in a quiet and quaint pocket neighborhood of Indianapolis.

Last Agent to Sell the Property

Lee Phillabaum

Ethosity Property Management G Listed on: 04/27/2022

Ethosity Property Management G

Last Buyer's Agent

Luis Coronel

Coronel Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1966

Lot Details

  • 0.26 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Community Details

  • Imperial Gardens Subdivision

Listing and Financial Details

  • Tenant pays for security, cable TV, insurance, trash collection, all utilities
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 490713110008000407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,192

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1966
  • Lot Size Acres: 0.26
  • Structure Type: Duplex
  • Subdivision Name: IMPERIAL GARDENS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Insurance, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 1600
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Brick
  • List Price: 134900
  • Roof: New Roof

Garage/Parking

  • Unit Parking: Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 4960
  • Insurance Expenses: 650

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490713110008000407
  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 16
  • Lot Size: 11,326

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security, Cable TV, Insurance, Trash Collection, All Utilities

Multi Family

  • Net Operating Income: 10640
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1192
  • Semi Annual Property Tax Amt: 596
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 18, 2022
Sold by
Sovereign Property Investments I
Bought by
Campos Benjamin Vasquez and Huerta Olga Soriano
Seller's Agent
Lee Phillabaum
Ethosity Property Management G
Buyer's Agent
Luis Coronel
Coronel Realty Group
List Price
$134,900
Sold Price
$132,500
Premium/Discount to List
-$2,400
-1.78%
Current Estimated Value
$155,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,000
Avg. Annual Appreciation
5.05%
Original Mortgage
$86,125
Outstanding Balance
$82,406
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$73,094

Purchase Details

Closed on
Nov 22, 2019
Sold by
Sovereign Property Investments
Bought by
Sovereign Property Investments

Purchase Details

Closed on
Jul 6, 2019
Sold by
Regiona Bank
Bought by
Sovereign Property Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Campos Benjamin Vasquez $139,500 Hocker Janet Davis
Sovereign Property Investments $81,705 --
Sovereign Property Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Benjamin Vasquez $86,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $132,500 -1.8% --
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $134,900 -- --
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 $1,476 $67,800 $9,800 $58,000
2023 $1,550 $67,800 $9,800 $58,000
2022 $1,251 $53,700 $9,800 $43,900
2021 $1,193 $50,500 $9,800 $40,700
2020 $1,083 $45,200 $4,500 $40,700
2019 $864 $39,900 $4,500 $35,400
2018 $820 $37,800 $4,500 $33,300
2017 $809 $37,400 $4,500 $32,900
2016 $821 $38,100 $4,500 $33,600
2014 $723 $36,100 $4,500 $31,600
2013 $701 $36,100 $4,500 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21851604

MIBOR Broker Listing Cooperative®

APN: 49-07-13-110-008.000-407