NOT LISTED FOR SALE

Estimated Value: $225,000 - $289,486

2 Beds
1 Bath
800 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $165,000 $206 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,605/month

About This Home

As of August 2020

Butler Tarkington full brick 2 story duplex with beautiful hardwood floors! It doesn't get any better than this for easy maintenance!
Units have been recently rehabbed. One unit is tenanted at $785 per month with a lease expiration date of 8/6/20. The other unit is vacant and ready for either a new tenant or an owner occupant. Market rent is $900 per month. Location is close to most of the major universities and hospitals in Indy so finding tenants should never be a problem! ALL utilities are separated so tenants pay all including water and sewer!

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 06/06/2020

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC License #RB14033327 Listed on: 06/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 1943

Lot Details

  • 5,245 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Community Details

  • South Butler Terrace Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for no utilities
  • Assessor Parcel Number 490614153013000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,044

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1943
  • Lot Size Acres: 0.1204
  • Structure Type: Duplex
  • Subdivision Name: SOUTH BUTLER TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Butler Tarkington full brick 2 story duplex with beautiful hardwood floors! It doesn't get any better than this for easy maintenance! Units have been recently rehabbed. One unit is tenanted at $785 per month with a lease expiration date of 8/6/20. The other unit is vacant and ready for either a new tenant or an owner occupant. Market rent is $900 per month. Location is close to most of the major universities and hospitals in Indy so finding tenants should never be a problem! ALL utilities are separated so tenants pay all including water and sewer!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 165000

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490614153013000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Trees Small
  • Lot Number: 15
  • Lot Size: 5,245

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3044
  • Semi Annual Property Tax Amt: 1522
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 6, 2020
Sold by
Anderson Ethan
Bought by
Weybright Butler Llc
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$250,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,829
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Aug 23, 2017
Sold by
Speer Matthew Leonard
Bought by
Anderson Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Cueller Amy
Bought by
Speer Matthew Leonard
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
Weybright Butler Llc -- None Available
Anderson Ethan $131,300 --
Anderson Ethan $131,250 Title Services, Llc
Speer Matthew Leonard $77,500 --
Speer Matthew Leonard $77,500 Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Ethan $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $165,000 0.0% $206 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $165,000 -- $206 / 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 $2,989 $123,300 $13,700 $109,600
2023 $2,989 $123,300 $13,700 $109,600
2022 $3,150 $123,300 $13,700 $109,600
2021 $2,895 $122,700 $21,100 $101,600
2020 $3,049 $128,900 $21,100 $107,800
2019 $3,107 $128,900 $21,100 $107,800
2018 $3,135 $128,900 $21,100 $107,800
2017 $1,535 $69,300 $21,100 $48,200
2016 $1,508 $69,500 $21,100 $48,400
2014 $2,489 $115,100 $20,600 $94,500
2013 $2,394 $115,100 $20,600 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21715348

MIBOR Broker Listing Cooperative®

APN: 49-06-14-153-013.000-801