NOT LISTED FOR SALE

740 N Rangeline Rd Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $456,000 - $509,000

2 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold July 12, 2021

Last sale price $350,000

Est. 37% increase in value since last sale

Current estimated payment $3,109/month

78 Days on Market

Highlights

  • Traditional Architecture
  • Carmel Elementary School Rated A
  • Partially Fenced Property

About This Home

As of July 2021

Rare opportunity to be a part of Carmel Arts & Design District, one of Indy's most coveted communities! This 3 unit property is currently 1 bed/1bath in each unit, well maintained, ample parking, detached garage, privacy fencing, steps from Carmel's hottest restaurants and shops! No vacancies with long term tenants! Currently zoned B5.

Last Agent to Sell the Property

Melissa Vurpillat

F.C. Tucker Company License #RB14044903 Listed on: 03/03/2021

F.C. Tucker Company

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Basement

Listing and Financial Details

  • Tenant pays for insurance
  • The owner pays for inshazard, insurance, lawncare, taxes, all utilities
  • Assessor Parcel Number 290925802006000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1890
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Count: 0
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes, All Utilities
  • Possible Use: Apt<20, Office, Residential
  • Sq Ft Main Upper: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Partial
  • Foundation Details: Block, Partial
  • List Price: 350000
  • Road Access: AccessRd
  • Interstate: Ramp>5mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: Paved Area,2 Car Space
  • Auto Parking: 4
  • Auto Surface: Asphalt
  • Parking Spacesper Unit: 1.0000

Utilities

  • Solid Waste: 0

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Apt<20
  • Parcel Number: 290925802006000018
  • Zoning: B5
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Tree Mature
  • Lot Number: 0
  • Lot Size: 10,890

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4262
  • Semi Annual Property Tax Amt: 2131
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jul 9, 2021
Sold by
P & P Real Estate Llc
Bought by
T Rex Holdings Llc
Seller's Agent
Melissa Vurpillat
F.C. Tucker Company
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$478,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,667
Avg. Annual Appreciation
7.64%
Original Mortgage
$358,800
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2016
Sold by
Pollak Steve E and Pollak Amy L
Bought by
P & P Real Estate Llc

Purchase Details

Listed on
Feb 3, 2016
Closed on
Mar 16, 2016
Sold by
Robinson Patrick Alexander and Robinson Mary Ellen
Bought by
Pollak Steve E and Pollak Amy L
Seller's Agent
Danielle Robinson
F.C. Tucker Company
Buyer's Agent
Melissa Vurpillat
F.C. Tucker Company
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$131,250
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2005
Sold by
Robinson Patrick A and Robinson Mary E
Bought by
Robinson Patrick Alexander and Robinson Mary Ellen
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
T Rex Holdings Llc $350,000 Royal Title Services
P & P Real Estate Llc -- None Available
Pollak Steve E -- None Available
Robinson Patrick Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed T Rex Holdings Llc $358,800
Previous Owner Pollak Steve E $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2021 07/12/21 Sold $350,000 0.0% --
05/21/2021 05/21/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $350,000 0.0% --
03/10/2021 03/10/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $350,000 +100.0% --
03/31/2016 03/31/16 Sold $175,000 0.0% -- View Prior Sale
03/28/2016 03/28/16 Pending -- -- --
02/15/2016 02/15/16 Off Market $175,000 -- --
02/03/2016 02/03/16 For Sale $179,900 -- --
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 $6,857 $389,100 $198,300 $190,800
2023 $6,719 $333,300 $142,500 $190,800
2022 $5,501 $266,700 $142,500 $124,200
2021 $4,383 $211,500 $135,400 $76,100
2020 $4,384 $211,500 $135,400 $76,100
2019 $4,262 $207,400 $135,400 $72,000
2018 $4,221 $207,400 $135,400 $72,000
2017 $4,120 $203,100 $110,100 $93,000
2016 $3,933 $195,000 $110,100 $84,900
2014 $3,203 $163,700 $92,000 $71,700
2013 $3,203 $157,800 $92,000 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Melissa Vurpillat

    Seller's Agent in 2021

    Melissa Vurpillat

    F.C. Tucker Company

    (317) 843-7766

    1 in this area

    22 Total Sales

    Melissa Vurpillat
    Section Image

  • N

    Buyer's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2021

    IUO Non-BLC Member

    Non-BLC Office

  • Danielle Robinson

    Seller's Agent in 2016

    Danielle Robinson

    F.C. Tucker Company

    (317) 407-6969

    3 in this area

    248 Total Sales

    Danielle Robinson
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21769290

MIBOR Broker Listing Cooperative®

APN: 29-09-25-802-006.000-018

Indiana Hamilton County Carmel 46032 Downtown Carmel

740 N Rangeline Rd, Carmel, IN

This home is located at 740 N Rangeline Rd, Carmel, IN 46032 since 03 March 2021 and is currently estimated at $478,667. This property was built in 1890. 740 N Rangeline Rd is a home located in Hamilton County with nearby schools including Carmel Elementary School, Carmel Middle School, and Carmel High School.

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® 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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