NOT LISTED FOR SALE

Estimated Value: $497,000 - $723,000

4 Beds
4 Baths
-- Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: June 24, 2016

Last sale price $220,000

Est. 181% increase in value since last sale

Current estimated payment $3,864 / mo

104 Days on Market

Highlights

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

About This Home

As of June 2016

Excellent opportunity! Not only are there 4 income producing apartments in this converted home, but also there is a detached garage with 2 sides. Well maintained, long term tenants, has community laundry in basement. Walking distance to downtown Carmel Art district.

Last Agent to Sell the Property

Dani Robinson

F.C. Tucker Company License #RB14044643 Listed on: 02/03/2016

F.C. Tucker Company

Last Buyer's Agent

Peter Stewart

Peter Stewart Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1900

Lot Details

  • 10,890 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for insurance
  • The owner pays for electricity, gas, inshazard, insurance, lawncare, trash collection, all utilities
  • Assessor Parcel Number 291030501030000018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Excellent opportunity! Not only are there 4 income producing apartments in this converted home, but also there is a detached garage with 2 sides. Well maintained, long term tenants, has community laundry in basement. Walking distance to downtown Carmel Art district.
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Owner Pays: Electricity, Gas, InsHazard, Insurance, Insurance, Lawncare, Trash Collection, All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Concrete Perimeter
  • Road Access: AccessRd,CityStreet

Garage/Parking

  • Unit Parking: Parking Lot
  • Auto Surface: Asphalt

Utilities

  • Solid Waste: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 291030501030000018
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 10,890

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance

Multi Family

  • Net Operating Income: 26867

Tax Info

  • Tax Annual Amount: 3494
  • Semi Annual Property Tax Amt: 1747
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Stewart Peter and Stewart Allison
Bought by
751 N Rangeline Llc
Current Estimated Value
$617,122

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jun 24, 2016
Sold by
The Patrick Alexander Robinson Revocable
Bought by
Stewart Peter and Stewart Allison
Seller's Agent
Dani Robinson
F.C. Tucker Company
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$165,000
Interest Rate
3.58%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
751 N Rangeline Llc -- None Available
Stewart Peter -- Mtc
Robinson Patrick Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Peter $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $220,000 -2.2% --
05/18/2016 05/18/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $224,900 0.0% --
03/23/2016 03/23/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $224,900 +2.2% --
03/02/2016 03/02/16 Off Market $220,000 -- --
02/03/2016 02/03/16 For Sale $224,900 -- --
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
2025 $7,104 $397,300 $198,300 $199,000
2024 $6,044 $355,600 $198,300 $157,300
2023 $6,044 $299,800 $142,500 $157,300
2022 $5,097 $247,100 $142,500 $104,600
2021 $4,839 $233,500 $142,500 $91,000
2020 $4,840 $233,500 $142,500 $91,000
2019 $4,704 $228,900 $142,500 $86,400
2018 $4,659 $228,900 $142,500 $86,400
2017 $4,481 $220,900 $110,100 $110,800
2016 $4,337 $211,700 $110,100 $101,600
2014 $3,493 $178,500 $92,000 $86,500
2013 $3,493 $171,700 $92,000 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21397325

MIBOR Broker Listing Cooperative®

APN: 29-10-30-501-030.000-018

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