$128,000
SOLD FEB 21, 2017

75 S 25th Ave Beech Grove, IN 46107

-- Bed
-- Bath
871 Sq Ft
0.3 Acres

Recently Sold

$147 Per Sq Ft

10% Below List Price

142 Days on Market

About This Home

As of February 2017

Investor Alert! All-brick double in desirable Beech Grove is a great investment opportunity. No worries ... Furnace and A/C, just 2 yrs old on one side, brand new Nov. 2016 other side. New roof in 2016, crawl has been professionally maintained with new beam, supports, trench, and sump pump. Tenants pay utilities. Home is 2 bedroom 1 bath per side, but can be easily converted into a SFR. Live on one side and let your tenant pay the mortgage. Convenient access to I-65 and great schools!

Last Agent to Sell the Property

Kris Strohmeyer-lett

BluPrint Real Estate Group License #RB16001143

BluPrint Real Estate Group

Last Buyer's Agent

Evona Watson

Triple E Realty, LLC

Triple E Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1964

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Additional Features

  • Energy-Efficient Insulation
  • Outdoor Storage
  • 0.3 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, carpet cleaning, electricity, gas, insurance, all utilities
  • The owner pays for inshazard, insurance, taxes, sewer, trash collection
  • Assessor Parcel Number 491029129004000502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Doub-Duplx, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1964
  • Green Energy Efficient: Insulation
  • Lot Size Acres: 0.3
  • Road Surface Type: Asphalt
  • Subdivision Name: METES & BOUNDS
  • Inspection Warranties: Not Applicable
  • Property Description: Investor Alert! All-brick double in desirable Beech Grove is a great investment opportunity. No worries ... Furnace and A/C, just 2 yrs old on one side, brand new Nov. 2016 other side. New roof in 2016, crawl has been professionally maintained with new beam, supports, trench, and sump pump. Tenants pay utilities. Home is 2 bedroom 1 bath per side, but can be easily converted into a SFR. Live on one side and let your tenant pay the mortgage. Convenient access to I-65 and great schools!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.JWestRealty.com
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Taxes, Sewer, Trash Collection
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1733
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Storage
  • Foundation Details: Block
  • List Price: 134500
  • Road Access: Frontage Road
  • Interstate: Ramp<1Mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage,2 Car Space
  • Parking Spacesper Unit: 2.1000

Utilities

  • Solid Waste: 1
  • HVAC: Unit 1 New 2014, Unit 2 New 2016

Fee Information

  • Expenses: 170

Lot Info

  • Current Use: Residential
  • Parcel Number: 491029129004000502
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Not In Subdivision
  • Lot Number: 1
  • Lot Size: 13,068

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Carpet Cleaning, Electricity, Gas, Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2044
  • Semi Annual Property Tax Amt: 1022
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Beech Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Feb 21, 2017
Sold by
O'Connor Lisa M
Bought by
Hatfield Jeremy J
Seller's Agent
Kris Strohmeyer-lett
BluPrint Real Estate Group
Buyer's Agent
Evona Watson
Triple E Realty, LLC
List Price
$143,000
Sold Price
$128,000
Premium/Discount to List
-$15,000
-10.49%
Total Days on Market
142
Current Estimated Value
$206,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,344
Avg. Annual Appreciation
5.96%
Original Mortgage
$96,000
Outstanding Balance
$80,409
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$125,935

Map

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 Type Sale Price Title Company
Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $96,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2023 01/01/23 Rented $1,050 0.0% --
12/07/2022 12/07/22 Under Contract -- -- --
11/24/2022 11/24/22 For Rent $1,050 0.0% --
11/21/2022 11/21/22 Off Market $1,050 -- --
11/02/2022 11/02/22 For Rent $1,050 +12.3% --
09/07/2022 09/07/22 Rented $935 -11.0% --
08/25/2022 08/25/22 For Rent $1,050 +20.0% --
09/08/2020 09/08/20 Rented $875 0.0% --
08/05/2020 08/05/20 Under Contract -- -- --
07/08/2020 07/08/20 For Rent $875 0.0% --
06/25/2020 06/25/20 Under Contract -- -- --
06/15/2020 06/15/20 For Rent $875 +9.4% --
07/27/2018 07/27/18 Rented $800 0.0% --
05/21/2018 05/21/18 For Rent $800 0.0% --
06/10/2017 06/10/17 Rented $800 0.0% --
03/29/2017 03/29/17 Price Changed $800 -3.0% $1 / Sq Ft
03/09/2017 03/09/17 For Rent $825 0.0% --
02/21/2017 02/21/17 Sold $128,000 -4.8% $147 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
12/14/2016 12/14/16 Price Changed $134,500 -5.2% $154 / Sq Ft
11/30/2016 11/30/16 Price Changed $141,900 -0.8% $163 / Sq Ft
10/08/2016 10/08/16 For Sale $143,000 +11.7% $164 / Sq Ft
09/28/2016 09/28/16 Off Market $128,000 -- --
09/17/2016 09/17/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $143,000 -- $164 / Sq Ft
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 $6,200 $243,800 $12,800 $231,000
2023 $6,200 $222,300 $12,800 $209,500
2022 $5,977 $208,600 $12,800 $195,800
2021 $4,750 $171,500 $12,800 $158,700
2020 $3,973 $152,600 $12,800 $139,800
2019 $3,444 $137,300 $12,200 $125,100
2018 $3,100 $128,000 $12,200 $115,800
2017 $2,175 $129,800 $12,200 $117,600
2016 $1,974 $119,500 $12,200 $107,300
2014 $2,036 $127,800 $12,200 $115,600
2013 $2,071 $129,900 $12,200 $117,700
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21437493

MIBOR Broker Listing Cooperative®

APN: 49-10-29-129-004.000-502