NOT LISTED FOR SALE

Estimated Value: $773,631 - $877,000

3 Beds
2 Baths
1,783 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $650,000 $365 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,265/month

152 Days on Market

About This Home

As of November 2020

LOCATION! LOCATION! LOCATION! CHARMING, WELL MAINTAINED DUPLEX IN HISTORIC CHATHAM ARCH!
Great views of the downtown skyline while grilling out and enjoy the large back patio and yard. All just steps away from popular Mass Ave. restaurants and shops.
Each 2 bedroom/1.t baths in the most highly sought after area in the city. Just steps away from the cultural trail, Mass Ave. Arts & Entertainment District. Unit 2 has updated Kitchen w/ ss appliances, soaring ceilings, sky lights in each unit, large windows, wood floors throughout main living space. Bedrooms have large wall to wall closets. Both units have laundry with washer and dryer. This is a proven income producing property. Either as long term rental or Air BnB.

Last Agent to Sell the Property

Chris Johnson

F.C. Tucker Company License #RB14036611 Listed on: 02/27/2020

F.C. Tucker Company

Last Buyer's Agent

Karen Tanner

Karen Tanner Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Interior Spaces

  • 2-Story Property

Community Details

  • Woods Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for lawncare, taxes
  • Assessor Parcel Number 491101168011000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,304

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Arts&Crafts/Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1900
  • Lot Size Acres: 0.17
  • Structure Type: Duplex
  • Subdivision Name: WOODS
  • Inspection Warranties: General,LeadBasePaint,Other
  • Property Description: LOCATION! LOCATION! LOCATION! CHARMING, WELL MAINTAINED DUPLEX IN HISTORIC CHATHAM ARCH! Great views of the downtown skyline while grilling out and enjoy the large back patio and yard. All just steps away from popular Mass Ave. restaurants and shops. Each 2 bedroom/1.t baths in the most highly sought after area in the city. Just steps away from the cultural trail, Mass Ave. Arts & Entertainment District. Unit 2 has updated Kitchen w/ ss appliances, soaring ceilings, sky lights in each unit, large windows, wood floors throughout main living space. Bedrooms have large wall to wall closets. Both units have laundry with washer and dryer. This is a proven income producing property. Either as long term rental or Air BnB.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Unit Count: 0
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two, Basement
  • Owner Pays: Lawncare, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial

Garage/Parking

  • Unit Parking: Guest Parking,2 Car Space,Unpaved,Other

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 491101168011000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks,Other
  • Lot Number: L35 OL41
  • Lot Size: 150X49

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Tax Info

  • Tax Annual Amount: 5304
  • Semi Annual Property Tax Amt: 2652
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Oct 30, 2020
Sold by
Miller Amy A
Bought by
Morgan Johnathan and Morris Lindsay
Seller's Agent
Chris Johnson
F.C. Tucker Company
Buyer's Agent
Karen Tanner
Karen Tanner Real Estate Group
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Current Estimated Value
$825,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,316
Avg. Annual Appreciation
4.95%
Original Mortgage
$487,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2012
Sold by
Miller Jeff
Bought by
Glass Amy A and Miller Amy A

Purchase Details

Closed on
Jan 7, 2006
Sold by
Glass Amy A
Bought by
Glass Amy A and Miller Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Morgan Johnathan $650,000 First American Title Insurance
Glass Amy A -- None Available
Glass Amy A -- First Americna Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Johnathan $487,500
Previous Owner Glass Amy A $26,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $650,000 -7.1% $365 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $700,000 -- $393 / 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 $11,334 $472,000 $136,000 $336,000
2023 $11,334 $472,000 $136,000 $336,000
2022 $9,275 $472,000 $136,000 $336,000
2021 $6,600 $280,300 $51,100 $229,200
2020 $6,080 $257,300 $51,100 $206,200
2019 $5,734 $237,900 $51,100 $186,800
2018 $5,430 $223,100 $51,100 $172,000
2017 $4,615 $211,700 $51,100 $160,600
2016 $4,518 $211,700 $51,100 $160,600
2014 $4,347 $201,300 $51,100 $150,200
2013 $3,106 $205,700 $51,100 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21695707

MIBOR Broker Listing Cooperative®

APN: 49-11-01-168-011.000-101