NOT LISTED FOR SALE

7306 Lowe Dr Indianapolis, IN 46226

Estimated Value: $214,000 - $283,767

Studio
-- Bath
851 Sq Ft
$287/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2019

Last sale price $129,900 $153 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,517 / mo

216 Days on Market

About This Home

As of May 2019

Nice duplex with 2 Bedrooms and 1 Bath each. Lowe side has long time tenant of 28 years. Rents are below market value. Leases are on a month-to-month for both sides. Market-rate rents are $775 per month.

Last Agent to Sell the Property

Carl Culmann

Culmann Real Estate Group, LLC License #RB14036566 Listed on: 06/29/2018

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 18,121 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Basement

  • Crawl Space

Community Details

  • Fall Creek Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for trash collection
  • Assessor Parcel Number 490712119036000407

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.42 Acres

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1957
  • Lot Size Acres: 0.416
  • Road Surface Type: Asphalt
  • Structure Type: Duplex, FreeStand
  • Subdivision Name: FALL CREEK HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: Nice duplex with 2 Bedrooms and 1 Bath each. Lowe side has long time tenant of 28 years. Rents are below market value. Leases are on a month-to-month for both sides. Market-rate rents are $775 per month.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Trash Collection
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Full Rear
  • Foundation Details: Crawl Space
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Lot Info

  • Parcel Number: 490712119036000407
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Corner,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 54
  • Lot Size: 18,121

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3696
  • Semi Annual Property Tax Amt: 1848
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Carl Culmann
Culmann Real Estate Group, LLC
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$135,000
Sold Price
$129,900
Premium/Discount to List
-$5,100
-3.78%
Current Estimated Value
$244,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,689
Avg. Annual Appreciation
9.36%
Original Mortgage
$116,910
Outstanding Balance
$101,499
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$143,090

Purchase Details

Closed on
Jul 15, 2015
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$129,900 Meridian Title Corporation
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $116,910
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $129,900 0.0% $153 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $129,900 -3.8% $153 / Sq Ft
12/31/2018 12/31/18 For Sale $135,000 +3.9% $159 / Sq Ft
12/27/2018 12/27/18 Off Market $129,900 -- --
11/06/2018 11/06/18 Price Changed $135,000 -3.6% $159 / Sq Ft
10/01/2018 10/01/18 Price Changed $140,000 0.0% $165 / Sq Ft
10/01/2018 10/01/18 For Sale $140,000 -9.7% $165 / Sq Ft
09/01/2018 09/01/18 For Sale $155,000 0.0% $182 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $155,000 -- $182 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,374 $249,700 $25,700 $224,000
2024 $2,841 $218,500 $25,700 $192,800
2023 $2,841 $218,800 $25,700 $193,100
2022 $2,682 $204,500 $25,700 $178,800
2021 $2,554 $190,400 $25,700 $164,700
2020 $2,503 $183,800 $21,500 $162,300
2019 $2,159 $174,300 $21,500 $152,800
2018 $3,709 $174,300 $21,500 $152,800
2017 $3,786 $177,600 $21,500 $156,100
2016 $3,164 $153,900 $21,500 $132,400
2014 $2,986 $149,300 $21,500 $127,800
2013 $2,904 $149,300 $21,500 $127,800
Source: Public Records

Agents Affiliated with this Home

  • Carl Culmann

    Seller's Agent in 2019

    Carl Culmann

    Culmann Real Estate Group, LLC

    (317) 442-4282

    2 in this area

    46 Total Sales

    Carl Culmann
    Section Image

  • R

    Buyer's Agent in 2019

    Rodney Heard

    eXp Realty LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21577728

MIBOR Broker Listing Cooperative®

APN: 49-07-12-119-036.000-407

Indiana Marion County Indianapolis 46226

7306 Lowe Dr, Indianapolis, IN

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® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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