NOT LISTED FOR SALE

Estimated Value: $418,000 - $501,353

3 Beds
3 Baths
1,536 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $450,000 $293 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,431/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Ringgold Park

About This Home

As of May 2024

Welcome to your dream investment opportunity in the heart of Bates-Hendricks! This stunning duplex has undergone a complete transformation, with every inch meticulously gutted to the studs in 2020 and rebuilt with top-of-the-line finishes and modern amenities. Featuring a spacious layout, each unit boasts 3 bedrooms and 2 baths (750 has a half bath), providing ample space and comfort for residents. The 752 side is currently rented until August 2024, ensuring immediate income for the savvy investor. Meanwhile, the 750 side will be available at the end of April, offering flexibility for an owner-occupant or the opportunity to set your own rental terms. Situated in the desirable Bates-Hendricks neighborhood, residents will enjoy easy access to downtown Indianapolis, trendy restaurants, and vibrant nightlife. Plus, rest assured knowing that this property is professionally managed, providing peace of mind for hassle-free ownership. Don't miss out on this rare opportunity to own a turnkey investment property in one of Indianapolis's most sought-after neighborhoods. Schedule your showing today and make this duplex your next successful venture!

Last Agent to Sell the Property

Ashley Mullin

FS Houses LLC Brokerage Email: ashley@fshouses.com License #RB17001198 Listed on: 04/04/2024

Last Buyer's Agent

Scott Smith

Keller Williams Indy Metro S License #RB14021668

Keller Williams Indy Metro S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,312

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 5,053

Parking

  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 5,053 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, lawncare, taxes
  • Tax Lot L13 and L14
  • Assessor Parcel Number 491113177003000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,312

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: www.fshouses.com
  • Conversion: Yes
  • Price Unit: 225000
  • MBR_AttributionContact: ashley@fshouses.com
  • Attribution Contact: ashley@fshouses.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • List Price: 449900
  • Property Condition: Updated/Remodeled
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: 1 Car Space

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: City Lot, Curbs, Not In Subdivision, Sidewalks
  • Property Attached Yn: Yes
  • Current Use: Apt<20
  • Lot Size Sq Ft: 5053
  • Parcel Number: 491113177003000101
  • Acres: <1/4 Acre
  • Price Acre: 3750000

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 10312
  • Tax Lot: L13 and L14
  • Semi Annual Property Tax Amt: 5156
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 5, 2024
Sold by
Buehler Chase
Bought by
Crossroad Rentals Llc
Seller's Agent
Ashley Mullin
FS Houses LLC
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Views
63
Current Estimated Value
$468,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,588
Avg. Annual Appreciation
3.16%
Original Mortgage
$337,500
Outstanding Balance
$333,076
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$135,512

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 31, 2024
Sold by
Buehler Chase
Bought by
Crossroad Rentals Llc
Seller's Agent
Ashley Mullin
FS Houses LLC
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$333,076
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$135,512

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 22, 2024
Sold by
Arche Noah Llc
Bought by
Buehler Chase
Seller's Agent
Ashley Mullin
FS Houses LLC
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$333,076
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$135,512

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 21, 2024
Sold by
Arche Noah Llc
Bought by
Buehler Chase
Seller's Agent
Ashley Mullin
FS Houses LLC
Buyer's Agent
Scott Smith
Keller Williams Indy Metro S
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$333,076
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$135,512

Purchase Details

Closed on
Jun 7, 2023
Sold by
Ames Kasey Charles and Ames Christiane
Bought by
Arche Noah Llc

Purchase Details

Closed on
Mar 24, 2023
Sold by
Arche Noah Llc
Bought by
Ames Kasey Charles and Ames Christiane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,870
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2023
Sold by
Arche Noah Llc
Bought by
Ames Kasey Charles and Ames Christiane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,870
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Fishburn David O
Bought by
Arche Noah Llc
Source: Public Records

Range of Values:

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Average Value
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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
Crossroad Rentals Llc -- None Listed On Document
Crossroad Rentals Llc -- None Listed On Document
Buehler Chase -- None Listed On Document
Buehler Chase $450,000 None Listed On Document
Arche Noah Llc -- American Title Service Agency
Ames Kasey Charles -- Lenders Escrow & Title
Ames Kasey Charles -- Lenders Escrow & Title
Arche Noah Llc $153,000 Natoins Title Agency Of Michig
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buehler Chase $337,500
Closed Buehler Chase $337,500
Previous Owner Ames Kasey Charles $308,870
Previous Owner Ames Kasey Charles $308,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $450,000 0.0% $293 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $449,900 -- $293 / 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 $10,774 $464,000 $61,600 $402,400
2023 $10,774 $448,400 $46,200 $402,200
2022 $10,449 $432,800 $46,200 $386,600
2021 $4,775 $201,200 $46,200 $155,000
2020 $4,374 $183,200 $46,200 $137,000
2019 $2,100 $83,500 $4,700 $78,800
2018 $960 $71,100 $4,700 $66,400
2017 $1,443 $62,100 $4,700 $57,400
2016 $1,225 $53,100 $4,700 $48,400
2014 $1,152 $53,300 $4,700 $48,600
2013 $1,178 $53,300 $4,700 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21972236

MIBOR Broker Listing Cooperative®

APN: 49-11-13-177-003.000-101