NOT LISTED FOR SALE

7356 E 53rd St Indianapolis, IN 46226

Estimated Value: $236,000 - $315,192

Studio
-- Bath
864 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $240,000 $278 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,666/month

6 Days on Market

About This Home

As of January 2022

Fantastic duplex in Lawrence just around the corner from Lawrence Central, Belzer, and Harrison Hill. One side occupied with a paying tenant and one side vacant for you to bring a market rate tenant. Updated with new Pex water lines and manifolds, electrical panels, HVAC and ductwork, vinyl plank flooring and kitchen cabinets, and more 2 years ago. Newer roof and vinyl windows. 3 bedrooms, 1 bath on each side with each tenant having access to separate outdoor sheds and separate driveways. Separate electrical meters. One gas furnace and one heat pump. Owner pays water, sewer, trash but submeters to charge each unit accordingly. This will add a great duplex to your portfolio if you act quick enough. Schedule a showing through your Realtor!

Last Agent to Sell the Property

Justin Capps

Ferris Property Group License #RB15000801 Listed on: 12/07/2021

Last Buyer's Agent

Delia Webster

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • 1953

Lot Details

  • 10,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: 56th st south on N. Richardt Ave right on 53rd st
  • New Construction: No
  • Property Attached Yn: No
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: J W TROTTERS BROOKSIDE PARK ADD
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Basement YN: No
  • Owner Pays: Insurance, Insurance, Taxes, Sewer, Trash Collection, Water

Exterior Features

  • Exterior Features: Driveway Concrete, Storage
  • Foundation Details: Slab
  • Interstate: Ramp<1Mi
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 18
  • Lot Size: 10,454

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Lawncare

Tax Info

  • Semi Annual Property Tax Amt: 1122
  • Tax Exemption: None
  • Tax Annual Amount: 2244
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 27, 2022
Sold by
Logan Indiana Realty Llc
Bought by
Perez-Flores Miguel A and Perez-Flores Sergio
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Delia Webster
F.C. Tucker Company
List Price
$190,000
Sold Price
$240,000
Premium/Discount to List
$50,000
26.32%
Current Estimated Value
$273,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,731
Avg. Annual Appreciation
3.33%
Original Mortgage
$170,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 20, 2022
Sold by
Logan Indiana Realty Llc
Bought by
Perez-Flores Miguel A and Perez-Flores Sergio
Seller's Agent
Justin Capps
Ferris Property Group
Buyer's Agent
Delia Webster
F.C. Tucker Company
List Price
$190,000
Sold Price
$240,000
Premium/Discount to List
$50,000
26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 18, 2019
Sold by
Keller Robin and Robert S Peters Estate
Bought by
Logan Indiana Realty Llc
Seller's Agent
Shawn Forsythe
Realty World Indy
Buyer's Agent
Justin Capps
Ferris Property Group
List Price
$60,000
Sold Price
$64,000
Premium/Discount to List
$4,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.22%
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
Perez-Flores Miguel A -- Schmitz David A
Perez-Flores Miguel A -- Schmitz David A
Logan Indiana Realty Llc $64,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Perez-Flores Miguel A $170,000
Closed Perez-Flores Miguel A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $240,000 +26.3% $278 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $190,000 +196.9% $220 / Sq Ft
12/20/2019 12/20/19 Sold $64,000 +6.7% $74 / Sq Ft View Prior Sale
12/04/2019 12/04/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $60,000 -- $69 / 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 $2,930 $195,900 $15,500 $180,400
2023 $2,930 $195,900 $15,500 $180,400
2022 $1,763 $125,900 $15,500 $110,400
2021 $2,477 $107,500 $15,500 $92,000
2020 $2,327 $99,900 $9,700 $90,200
2019 $1,258 $93,700 $9,700 $84,000
2018 $1,283 $95,300 $9,700 $85,600
2017 $1,313 $97,300 $9,700 $87,600
2016 $1,284 $95,500 $9,700 $85,800
2014 $1,260 $100,500 $9,700 $90,800
2013 $1,414 $113,300 $9,700 $103,600
Source: Public Records

Agents Affiliated with this Home

  • Justin Capps

    Seller's Agent in 2022

    Justin Capps

    Ferris Property Group

    (317) 699-4555

    3 in this area

    136 Total Sales

    Justin Capps
    Section Image

  • D

    Buyer's Agent in 2022

    Delia Webster

    F.C. Tucker Company

    Section Image
  • Shawn Forsythe

    Seller's Agent in 2019

    Shawn Forsythe

    Realty World Indy

    (574) 221-0305

    2 in this area

    56 Total Sales

    Shawn Forsythe
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21828096

MIBOR Broker Listing Cooperative®

APN: 49-07-12-108-129.000-407

Indiana Marion County Indianapolis 46226

7356 E 53rd St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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