NOT LISTED FOR SALE

7521 E 47th St Indianapolis, IN 46226

Estimated Value: $145,000 - $231,365

Studio
1 Bath
960 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $108,000 $112 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,192/month

8 Days on Market

About This Home

As of October 2018

Investment property in Lawrence. Rent both sides or live in one side and let the other side pay your mortgage. Lawrence Township schools, convenient location to interstate, parks, walking trails. Units are separately metered, tenants are on month-to-month, roof has 1 layer but age is unknown. Cable connected.

Last Agent to Sell the Property

Marge Crouch

Greentree Real Estate Group License #RB14026757 Listed on: 09/07/2018

Last Buyer's Agent

David DeFrantz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Vinyl Siding

Community Details

  • Wilmington Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for inshazard, taxes
  • Assessor Parcel Number 490712118028000407

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1983
  • Lot Size Acres: 0.26
  • Structure Type: Duplex
  • Subdivision Name: WILMINGTON PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Investment property in Lawrence. Rent both sides or live in one side and let the other side pay your mortgage. Lawrence Township schools, convenient location to interstate, parks, walking trails. Units are separately metered, tenants are on month-to-month, roof has 1 layer but age is unknown. Cable connected.
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490712118028000407
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks
  • Lot Number: PT168
  • Lot Size: 92x122

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3164
  • Semi Annual Property Tax Amt: 1582
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Midwest Holding Llc
Bought by
Midwest Brown Holding Llc
Current Estimated Value
$186,455

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 25, 2018
Bought by
Sr
Seller's Agent
Marge Crouch
Greentree Real Estate Group
Buyer's Agent
David DeFrantz
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$81,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Maskel Scott J and Maskel Erin L
Bought by
Esm Properties Llc

Purchase Details

Closed on
Feb 25, 2011
Sold by
Herring Malcolm B
Bought by
Maskel Scott J and Maskel Erin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
The Herring Family Llc
Bought by
Herring Malcolm B
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

Date Buyer Sale Price Title Company
Midwest Brown Holding Llc -- None Available
Sr $108,000 --
Brown George H $108,000 Chicago Title Co Llc
Esm Properties Llc -- None Available
Esm Properties Llc -- None Available
Maskel Scott J -- Stewart Title
Herring Malcolm B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown George H $81,000
Previous Owner Maskel Scott J $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $108,000 -9.9% $113 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $119,900 -- $125 / 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 $2,604 $118,200 $18,600 $99,600
2023 $2,604 $115,500 $18,600 $96,900
2022 $2,430 $106,600 $18,600 $88,000
2021 $2,301 $99,600 $18,600 $81,000
2020 $2,247 $96,300 $10,800 $85,500
2019 $2,059 $98,900 $10,800 $88,100
2018 $1,556 $73,900 $10,800 $63,100
2017 $1,503 $71,400 $10,800 $60,600
2016 $1,422 $67,500 $10,800 $56,700
2014 $1,300 $176,800 $10,800 $166,000
2013 $3,896 $176,800 $10,800 $166,000
Source: Public Records

Agents Affiliated with this Home

  • Marge Crouch

    Seller's Agent in 2018

    Marge Crouch

    Greentree Real Estate Group

    (317) 557-5478

    7 in this area

    27 Total Sales

    Marge Crouch
    Section Image

  • D

    Buyer's Agent in 2018

    David DeFrantz

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21594219

MIBOR Broker Listing Cooperative®

APN: 49-07-12-118-028.000-407

Indiana Marion County Indianapolis 46226

7521 E 47th St, Indianapolis, IN

Not Listed for Sale

MultiFamily

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