NOT LISTED FOR SALE

718 E 48th St Indianapolis, IN 46205

Meridian Kessler Neighborhood

Estimated Value: $387,000 - $400,000

3 Beds
2 Baths
1,953 Sq Ft
$201/Sq Ft Est. Value

About This Home

As of March 2022

* Refundable application fee at successful move-in * Great SoBro location near the popular "Foodie" district and the Monon Trail! Located off of 48th & College and within walking distance to numerous shops and restaurants along College Ave. and the 49th Street corridor. Property features lovely refinished hardwood floors, living room and formal dining room, nice kitchen with all appliances. The primary bedroom includes a nice bonus room/sitting area. Pets negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $35 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp

Last Agent to Rent the Property

Jeremy Tallman

T&H Realty Services, Inc. Listed on: 12/14/2021

T&H Realty Services, Inc.

Co-Listed By

Claire Holdsworth

JUST LIV, LLC

Last Renter's Agent

Claire Holdsworth

JUST LIV, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 5,663

Home Design

  • Duplex

Additional Features

  • L-Shaped Dining Room
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,350
  • $70 Application Fee

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

5,663 Sq Ft Lot

Rental Info

  • Lease Price: 1350.00
  • Min Lease Req: 12
  • Security Deposit: 1350
  • Smoking: 0
  • Application Fee: 70.00
  • Lease Term: 12 Months
  • Tenant Pays: Insurance, Lawncare, All Utilities

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Other
  • Transaction Type: Lease
  • Website: www.threaltyinc.com
  • Lifestyles: Double/Duplex
  • Architectural Style: TraditonalAmerican
  • Co List Office Mls Id: MBRTHRS01
  • Co List Office Phone: 317-255-7767
  • Directions: College Ave. South to 48th Street. Turn East on 48th Street. Duplex on left.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NORTHCROFT
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
  • Has Basement: Unfinished
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1323
  • Main Level Sq Ft: 665
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Below Grade Sq Ft: 630
  • Upper Level Sq Ft: 658
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector
  • Owner Pays: Dues Mandatory, HO Association Fee, Taxes, No Utilities

Exterior Features

  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Type: Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 16
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2012
Sold by
T & H Properties Llc
Bought by
Tallman Jeremy and Hallberg William
Current Estimated Value
$393,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,700
Outstanding Balance
$50,856
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$342,644

Purchase Details

Closed on
Nov 2, 2011
Sold by
Tallman Jeremy and Hallberg William S
Bought by
T & H Properties Llc

Purchase Details

Closed on
May 23, 2008
Sold by
T & H Management Inc
Bought by
Tallman Jeremy and Hallberg William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2008
Sold by
Us Bank National Association
Bought by
T & H Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2008
Sold by
Krause David L
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 4, 2005
Sold by
Wagner John M
Bought by
Krause David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.69%
Mortgage Type
New Conventional
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
Tallman Jeremy -- None Available
T & H Properties Llc -- None Available
Tallman Jeremy -- None Available
T & H Management Inc -- None Available
Us Bank National Association $82,000 None Available
Krause David L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tallman Jeremy $127,700
Previous Owner Tallman Jeremy $130,000
Previous Owner Krause David L $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Rented -- -- --
02/28/2022 02/28/22 Under Contract -- -- --
12/14/2021 12/14/21 For Rent $1,450 +27.8% --
06/11/2019 06/11/19 Rented $1,135 +3.2% --
06/03/2019 06/03/19 Under Contract -- -- --
05/30/2019 05/30/19 For Rent $1,100 +33.3% --
01/31/2013 01/31/13 Rented $825 0.0% --
01/29/2013 01/29/13 Under Contract -- -- --
11/07/2012 11/07/12 For Rent $825 -- --
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 $8,028 $354,900 $38,500 $316,400
2024 $7,409 $338,300 $38,500 $299,800
2023 $7,409 $306,500 $38,500 $268,000
2022 $8,423 $290,500 $38,500 $252,000
2021 $7,622 $324,600 $21,000 $303,600
2020 $6,800 $288,000 $21,000 $267,000
2019 $6,796 $282,400 $21,000 $261,400
2018 $6,020 $247,400 $21,000 $226,400
2017 $5,054 $232,200 $21,000 $211,200
2016 $4,344 $203,200 $21,000 $182,200
2014 $4,398 $203,400 $21,000 $182,400
2013 $3,903 $181,400 $21,000 $160,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jeremy Tallman

    T&H Realty Services, Inc.

    Section Image

  • C

    Landlord's Co-Listing Agent in 2022

    Claire Holdsworth

    JUST LIV, LLC

    Section Image
  • Paul Linn

    Seller Co-Listing Agent in 2013

    Paul Linn

    T&H Realty Services, Inc.

    (317) 629-0070

    124 Total Sales

    Paul Linn
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21829181

MIBOR Broker Listing Cooperative®

APN: 49-06-12-150-049.000-801

Indiana Marion County Indianapolis 46205 Meridian Kessler

718 E 48th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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