NOT LISTED FOR SALE

Estimated Value: $373,846 - $413,000

3 Beds
-- Bath
1,280 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $275,000 $215 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,783/month

About This Home

As of January 2021

Turn key brick duplex in South Broad Ripple. Awesome Location! Very well Maintained , low maintenance duplex. Huge 3 bedroom ,1 bath a side w/ full basements and screened front porch area. Beautiful hardwoods, solid wood doors with many updates This property has great character and large living areas. This property has many possibilities : great long term investment, perfect for living in 1 side renting the other, or possible split into townhomes/condo and resale. Do not miss this beautiful property in an extremely popular area.

Last Agent to Sell the Property

Kevin Kervan

JBG, Inc. License #RB14043413 Listed on: 11/16/2020

Last Buyer's Agent

Alex Montagano

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,380

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Additional Features

  • Basement

Community Details

  • Northcroft Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 490612150064000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,380

Year Built

Built in 1920

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: 1920
  • Lot Size Acres: 0.07
  • Structure Type: Duplex
  • Subdivision Name: NORTHCROFT
  • Inspection Warranties: LeadBasePaint
  • Property Description: Turn key brick duplex in South Broad Ripple. Awesome Location! Very well Maintained , low maintenance duplex. Huge 3 bedroom ,1 bath a side w/ full basements and screened front porch area. Beautiful hardwoods, solid wood doors with many updates This property has great character and large living areas. This property has many possibilities : great long term investment, perfect for living in 1 side renting the other, or possible split into townhomes/condo and resale. Do not miss this beautiful property in an extremely popular area.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 274900

Garage/Parking

  • Unit Parking: On Street,Paved Area
  • Auto Parking: 2
  • Auto Surface: concrete

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490612150064000801
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 33-34
  • Lot Size: 0.00 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6380
  • Semi Annual Property Tax Amt: 3190
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Montagano Alexander N
Bought by
Tuxedo Holdings Llc
Current Estimated Value
$397,949

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 5, 2021
Sold by
Fontaine James M and Fontaine Michelle
Bought by
Montagano Alex
Seller's Agent
Kevin Kervan
JBG, Inc.
Buyer's Agent
Alex Montagano
eXp Realty, LLC
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$206,250
Interest Rate
2.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tuxedo Holdings Llc -- Gutwein Law
Montagano Alex $275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montagano Alex $206,250
Previous Owner Fontaine James M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $275,000 0.0% $215 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $274,900 -- $215 / 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 $7,020 $326,000 $29,300 $296,700
2023 $7,020 $290,900 $29,300 $261,600
2022 $7,843 $273,400 $29,300 $244,100
2021 $7,042 $300,200 $16,000 $284,200
2020 $6,520 $276,600 $16,000 $260,600
2019 $6,494 $270,300 $16,000 $254,300
2018 $6,148 $253,400 $16,000 $237,400
2017 $5,137 $236,800 $16,000 $220,800
2016 $4,360 $204,700 $16,000 $188,700
2014 $4,424 $204,600 $16,000 $188,600
2013 $3,748 $180,300 $16,000 $164,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21752430

MIBOR Broker Listing Cooperative®

APN: 49-06-12-150-064.000-801