NOT LISTED FOR SALE

7409 E 54th St Indianapolis, IN 46226

Estimated Value: $193,000 - $217,025

-- Bed
-- Bath
864 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $185,000 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,326/month

1 Day on Market

About This Home

As of May 2022

Come see this great opportunity for immediate cash flow. This property will make a nice addition to your portfolio or a great first rental property. Each unit features 2 bedrooms and 1 bathroom.

Last Agent to Sell the Property

Cleia and Ben Tupper

Keller Williams Indy Metro S Listed on: 04/06/2022

Keller Williams Indy Metro S

Co-Listed By

Cleia Tupper

Keller Williams Indy Metro S

Last Buyer's Agent

Brian Foreman

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1953

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Aluminum Siding

Community Details

  • Brookside Park Subdivision

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1953
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 0.21
  • Structure Type: Duplex
  • Subdivision Name: BROOKSIDE PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • List Price: 210000

Garage/Parking

  • Unit Parking: Paved Area,1 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 490712108054000407
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 14
  • Lot Size: 92x103

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2224
  • Semi Annual Property Tax Amt: 1112
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 8, 2022
Sold by
Rahimi Abdul W
Bought by
Kindig Kyle and Autry Lucas
Seller's Agent
Cleia and Ben Tupper
Keller Williams Indy Metro S
Buyer's Agent
Brian Foreman
@properties
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Current Estimated Value
$202,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,008
Avg. Annual Appreciation
2.64%
Original Mortgage
$138,750
Outstanding Balance
$131,824
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$70,184

Purchase Details

Closed on
Jun 23, 2016
Sold by
Brechbuhl Larry R and Brechbuhl Nancy J
Bought by
Rahimi Abdul W

Home Financials for this Owner

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

Purchase Details

Closed on
Sep 8, 2009
Sold by
Brechbuhl Properties Inc
Bought by
Brechbuhl Larry R and Brechbuhl Nancy J
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
Kindig Kyle $185,000 Kolas John E
Rahimi Abdul W -- None Available
Brechbuhl Larry R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kindig Kyle $138,750
Previous Owner Rahimi Abdul W $58,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $185,000 -11.9% $214 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $210,000 -- $243 / 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 $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

  • C

    Seller's Agent in 2022

    Cleia and Ben Tupper

    Keller Williams Indy Metro S

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Cleia Tupper

    Keller Williams Indy Metro S

    Section Image

  • B

    Buyer's Agent in 2022

    Brian Foreman

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21847362

MIBOR Broker Listing Cooperative®

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

Indiana Marion County Indianapolis 46226

7409 E 54th St, Indianapolis, IN

This home is located at 7409 E 54th St, Indianapolis, IN 46226 since 06 April 2022 and is currently estimated at $202,008, approximately $233 per square foot. This property was built in 1953. 7409 E 54th St is a home located in Marion County with nearby schools including Harrison Hill Elementary School, Belzer Middle School, and Lawrence Central 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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