NOT LISTED FOR SALE

7405 E 54th St Indianapolis, IN 46226

Estimated Value: $199,000 - $211,706

Studio
-- Bath
-- Sq Ft
9,496 Sq Ft Lot

Sale Details

Date Sold: June 23, 2016

Last sale price $77,500

Est. 165% increase in value since last sale

Current estimated payment $1,338 / mo

77 Days on Market

About This Home

As of June 2016

Great return on your investment with this solid, low maintenance duplex located in the heart of Lawrence Township. Both sides are 3 BR / 1 BA and currently leased for $695 per side with strong leases in place. Easy to rent duplex is in an amazing location with it's proximity to schools, Fort Ben, interstate access, etc. Gas and electric are separated; owner pays water and sewer. Lawrence Township Schools received an 'A' rating from the IN Dept of Education in 2015. Tenants Rights.

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC License #RB14042717 Listed on: 02/10/2016

Compass Indiana, LLC

Last Buyer's Agent

Matthew Sponaugle

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,496 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding

Community Details

  • Brookside Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity gas insurance
  • The owner pays for taxes sewer water
  • Assessor Parcel Number 490712108054000407

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

9,496 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1953
  • Lot Size Acres: 0.218
  • Subdivision Name: BROOKSIDE PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Great return on your investment with this solid, low maintenance duplex located in the heart of Lawrence Township. Both sides are 3 BR / 1 BA and currently leased for $695 per side with strong leases in place. Easy to rent duplex is in an amazing location with it's proximity to schools, Fort Ben, interstate access, etc. Gas and electric are separated; owner pays water and sewer. Lawrence Township Schools received an 'A' rating from the IN Dept of Education in 2015. Tenants Rights.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1728
  • Laundry: ConnAll

Exterior Features

  • Roof: Shingle
  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab

Garage/Parking

  • Unit Parking: Paved Area,1 Car Space

Utilities

  • Solid Waste: 1
  • HVAC: Furnace

Lot Info

  • Parcel Number: 490712108054000407
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 14
  • Lot Size: 9,496

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Gas,Insurance

Tax Info

  • Tax Annual Amount: 2066
  • Semi Annual Property Tax Amt: 1033
  • 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

Closed on
Jun 8, 2022
Sold by
Bought by
Current Estimated Value
$205,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$130,653
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$74,582

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jun 23, 2016
Sold by
Bought by
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Matthew Sponaugle
Keller Williams Indpls Metro N
List Price
$79,000
Sold Price
$77,500
Premium/Discount to List
-$1,500
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$58,125
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
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
$185,000 Kolas John E
-- None Available
-- 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 $138,750
Previous Owner $58,125
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
06/23/2016 06/23/16 Sold $77,500 -1.9% --
04/28/2016 04/28/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $79,000 -- --
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 $2,835 $158,800 $14,400 $144,400
2024 $3,056 $130,200 $14,400 $115,800
2023 $3,056 $137,100 $14,400 $122,700
2022 $2,807 $124,600 $14,400 $110,200
2021 $2,431 $106,200 $14,400 $91,800
2020 $2,292 $99,000 $8,900 $90,100
2019 $2,000 $96,700 $8,900 $87,800
2018 $2,034 $98,500 $8,900 $89,600
2017 $2,067 $100,300 $8,900 $91,400
2016 $2,026 $98,400 $8,900 $89,500
2014 $2,066 $103,300 $8,900 $94,400
2013 $2,276 $116,100 $8,900 $107,200
Source: Public Records

Agents Affiliated with this Home

  • Kyle Williams

    Seller's Agent in 2016

    Kyle Williams

    Compass Indiana, LLC

    (317) 445-0701

    187 Total Sales

    Kyle Williams
    Section Image

  • M

    Buyer's Agent in 2016

    Matthew Sponaugle

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21398347

MIBOR Broker Listing Cooperative®

APN: 49-07-12-108-054.000-407

Indiana Marion County Indianapolis 46226

7405 E 54th St, 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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