NOT LISTED FOR SALE

Estimated Value: $125,000 - $193,000

2 Beds
-- Bath
780 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $80,000 $103 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,051/month

13 Days on Market

About This Home

As of August 2021

All brick duplex in Perry Township now available. Each unit is 2 BR 1 BA 780 SF. Both tenants have resided at this property for 4 years and want to stay. Tenants pay all utilities. Property is being offered As-Is. This double needs some work but offers a great return on investment.

Last Agent to Sell the Property

Robert VanHook

Premier Agent Network License #RB14028905 Listed on: 07/12/2021

Premier Agent Network

Last Buyer's Agent

Kristal Muñoz

RE/MAX At The Crossing

RE/MAX At The Crossing

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1966

Lot Details

  • 5,140

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Crawl Space
  • Partially Fenced Property

Community Details

  • Grasmere Subdivision

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for insurance, taxes, no utilities
  • Assessor Parcel Number 491125117024000574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,902

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1966
  • Road Surface Type: Gravel
  • Structure Type: Duplex
  • Subdivision Name: GRASMERE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance, Taxes, No Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Crawl Space
  • List Price: 79900

Garage/Parking

  • Unit Parking: On Street,1 Car Space,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491125117024000574
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Not In Subdivision
  • Lot Number: 153
  • Lot Size: 40 X 128

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1902
  • Semi Annual Property Tax Amt: 951
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 10, 2021
Sold by
Nordland Richard
Bought by
Velazquez Gabriel Raygoza
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Kristal Muñoz
RE/MAX At The Crossing
Sold Price
$80,000
Current Estimated Value
$147,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,890
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
Jan 30, 2018
Sold by
Robert Nordland Member
Bought by
Nordland Richard

Purchase Details

Closed on
Mar 23, 2010
Sold by
Nordland Robert
Bought by
Serenland Llc

Purchase Details

Closed on
Oct 30, 2009
Sold by
Thurston Carolyn
Bought by
Nordland Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,278
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
Morris Peyton R and Morris Martha L
Bought by
Thurston Carolyn

Purchase Details

Closed on
Dec 29, 2007
Sold by
Morris Investments B Lp
Bought by
Newmarq Capital Llc
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
Velazquez Gabriel Raygoza $80,000 Near North Title
Nordland Richard $35,000 --
Nordland Richard $35,000 Transnation Title Agency Natio
Serenland Llc -- None Available
Nordland Robert -- Integrity Title Services
Thurston Carolyn $15,001 None Available
Newmarq Capital Llc $52,827 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nordland Robert $43,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $80,000 +0.1% $103 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/23/2021 07/23/21 For Sale -- -- --
07/14/2021 07/14/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $79,900 -- $102 / 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 $2,893 $129,100 $6,900 $122,200
2023 $2,893 $116,900 $6,900 $110,000
2022 $2,812 $114,100 $6,900 $107,200
2021 $2,209 $90,700 $6,900 $83,800
2020 $2,016 $82,100 $6,900 $75,200
2019 $1,890 $75,300 $3,500 $71,800
2018 $1,738 $68,300 $3,500 $64,800
2017 $1,546 $67,700 $3,500 $64,200
2016 $1,589 $71,300 $3,500 $67,800
2014 $1,438 $66,500 $3,500 $63,000
2013 $1,440 $66,500 $3,500 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21798411

MIBOR Broker Listing Cooperative®

APN: 49-11-25-117-001.041-501