NOT LISTED FOR SALE

7301 E 53rd St Indianapolis, IN 46226

Estimated Value: $80,000 - $152,000

Studio
-- Bath
672 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $25,000 $37 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $744/month

59 Days on Market

About This Home

As of June 2017

Property would be great for an owner to live on one side and rent the other or for a seasoned vet that wants the cash flow! Easy to show. Needs work and sold as-is.

Last Agent to Sell the Property

Chad Roots

CRE Consulting, LLC License #RB14027267 Listed on: 04/17/2017

Last Buyer's Agent

Mae Miller

Highly Favored Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,841

Home Design

  • Duplex
  • Slab Foundation
  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot

Community Details

  • Brookside Park Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 490712108047000407

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1953
  • Lot Size Acres: 0.18
  • Subdivision Name: BROOKSIDE PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Property would be great for an owner to live on one side and rent the other or for a seasoned vet that wants the cash flow! Easy to show. Needs work and sold as-is.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1344
  • Laundry: Other

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Partial
  • Foundation Details: Slab
  • Construction Stage: SeeRemarks
  • Interstate: Ramp<1Mi

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Current Use: Apt>20
  • Parcel Number: 490712108047000407
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Sidewalks,See Remarks
  • Lot Number: 1&2
  • Lot Size: 7,841

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Tax Info

  • Tax Annual Amount: 1716
  • Semi Annual Property Tax Amt: 858
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2023
Sold by
Top Of The Ladder Investment Properties
Bought by
Top Of The Ladder Home Renovations & Repairs
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$131,646
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$15,646

Purchase Details

Closed on
Nov 4, 2019
Sold by
Johnson Jerry
Bought by
Top Of The Ladder Investment Properties

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 23, 2017
Bought by
Johnson Jerry
Seller's Agent
Chad Roots
CRE Consulting, LLC
Buyer's Agent
Mae Miller
Highly Favored Realty, LLC
List Price
$48,500
Sold Price
$25,000
Premium/Discount to List
-$23,500
-48.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%

Purchase Details

Closed on
Mar 3, 2017
Sold by
Mclaughlin Ryan A

Purchase Details

Closed on
Jan 5, 2016
Sold by
Medwig Richard M
Bought by
Mclaughlin Ryan A and Mclaughlin Sara S
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
Top Of The Ladder Home Renovations & Repairs -- Stewart Title Company
Top Of The Ladder Investment Properties -- None Available
Johnson Jerry $25,000 --
Ballyhoo Investments Llc $25,000 Stewart Title Company
Johnson Jerry $25,000 Stewart Title Company
-- $40,000 --
Ballyhoo Investments Llc $40,000 First American Title
Mclaughlin Ryan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Of The Ladder Home Renovations & Repairs $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $25,000 -16.7% $37 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/14/2017 06/14/17 Price Changed $30,000 -16.7% $45 / Sq Ft
06/12/2017 06/12/17 Price Changed $36,000 -7.7% $54 / Sq Ft
06/10/2017 06/10/17 Price Changed $39,000 -2.5% $58 / Sq Ft
05/21/2017 05/21/17 Price Changed $39,999 -10.1% $60 / Sq Ft
05/08/2017 05/08/17 Price Changed $44,500 -7.3% $66 / Sq Ft
04/21/2017 04/21/17 Price Changed $48,000 -1.0% $71 / Sq Ft
04/17/2017 04/17/17 For Sale $48,500 -- $72 / 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 $1,646 $68,900 $13,000 $55,900
2023 $1,646 $72,300 $13,000 $59,300
2022 $1,525 $66,200 $13,000 $53,200
2021 $1,348 $57,500 $13,000 $44,500
2020 $1,230 $51,800 $8,100 $43,700
2019 $1,073 $81,500 $8,100 $73,400
2018 $1,723 $83,000 $8,100 $74,900
2017 $1,069 $84,800 $8,100 $76,700
2016 $1,726 $83,400 $8,100 $75,300
2014 $1,749 $87,400 $8,100 $79,300
2013 $1,963 $98,100 $8,100 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Roots

    Seller's Agent in 2017

    Chad Roots

    CRE Consulting, LLC

    (765) 717-9069

    3 Total Sales

    Chad Roots
    Section Image

  • M

    Buyer's Agent in 2017

    Mae Miller

    Highly Favored Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21478938

MIBOR Broker Listing Cooperative®

APN: 49-07-12-108-047.000-407

Indiana Marion County Indianapolis 46226

7301 E 53rd St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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