NOT LISTED FOR SALE

7325 E 54th St Indianapolis, IN 46226

Estimated Value: $175,000 - $223,000

Studio
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold October 18, 2018

Last sale price $87,500

Est. 127% increase in value since last sale

Current estimated payment $1,316/month

About This Home

As of October 2018

Great income potential. Updated 2 bedroom 1 bath has newer flooring, paint, kitchens and baths. This is currently owner occupied until closing.

Last Agent to Sell the Property

Rebecca Slate

Slate Realty, LLC License #RB14047207 Listed on: 09/17/2018

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Community Details

  • Brookside Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for taxes, water
  • Assessor Parcel Number 490712108007000407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,094

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1953
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: BROOKSIDE PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Great income potential. Updated 2 bedroom 1 bath has newer flooring, paint, kitchens and baths. This is currently owner occupied until closing.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

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

Utilities

  • Solid Waste: 0

Fee Information

  • Insurance Expenses: 1200

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Parcel Number: 490712108007000407
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature,Trees Small,Other
  • Lot Number: 4
  • Lot Size: 80x110

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 1099

Tax Info

  • Tax Annual Amount: 1094
  • Semi Annual Property Tax Amt: 547
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Big Iron Llc
Bought by
Benlee Llc
Current Estimated Value
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.4%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 18, 2018
Sold by
Lee June and Slate Kyle
Bought by
Big Iron Llc
Seller's Agent
Rebecca Slate
Slate Realty, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$89,999
Sold Price
$87,500
Premium/Discount to List
-$2,499
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$140,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2015
Sold by
Horrigan Michael P and Horrigan Sherry H
Bought by
Lee June and Slate Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,125
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Benlee Llc -- Investors Title
Big Iron Llc -- Best Title Services
Lee June -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benlee Llc $130,000
Open Benlee Llc $385,500
Previous Owner Big Iron Llc $140,000
Previous Owner Lee June $40,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $87,500 -2.8% --
09/18/2018 09/18/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $89,999 -- --
Source: MIBOR Broker Listing Cooperative®

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 $3,382 $143,800 $13,900 $129,900
2023 $3,382 $152,100 $13,900 $138,200
2022 $3,101 $138,000 $13,900 $124,100
2021 $2,680 $117,400 $13,900 $103,500
2020 $2,475 $110,200 $8,600 $101,600
2019 $1,037 $51,800 $8,600 $43,200
2018 $1,122 $52,900 $8,600 $44,300
2017 $1,153 $54,600 $8,600 $46,000
2016 $1,109 $53,500 $8,600 $44,900
2014 $1,233 $61,600 $8,600 $53,000
2013 $1,291 $107,800 $8,600 $99,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rebecca Slate

    Slate Realty, LLC

    (317) 590-3691

    42 Total Sales

    Rebecca Slate
    Section Image

  • N

    Buyer's Agent in 2018

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21596072

MIBOR Broker Listing Cooperative®

APN: 49-07-12-108-007.000-407

Indiana Marion County Indianapolis 46226

7325 E 54th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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.

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