NOT LISTED FOR SALE

7828 Southfield Dr Indianapolis, IN 46227

Estimated Value: $218,000 - $226,000

2 Beds
-- Bath
976 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $145,000 $149 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,529/month

18 Days on Market

About This Home

As of August 2020

Great opportunity for an investor with tenants in place until 2021 and rents coming in through 3/31/21. Nice all brick double with 2 bedrooms, 1 bath per side. Newer exterior doors, all Hardwood floors except kitchen & bath, large kitchen, newer paint, newer vinyl, fenced in yards on each side, with mini barn storage for each side, Includes gas oven/range and refrigerator on each side. Gas heat, central electric a/c. Many updates since 2009. Roof 2012, sewer line to street new 12/2009.

Last Agent to Sell the Property

Cory Danner

Kirk Realty Group, LLC License #RB14038702 Listed on: 05/16/2020

Last Buyer's Agent

Valerie Edwards

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1968

Lot Details

  • 0.67

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Crawl Space
  • 0.67 Acre Lot

Community Details

  • Southridge Village Subdivision

Listing and Financial Details

  • Tenant pays for insurance lawncare all utilities
  • The owner pays for inshazard insurance taxes
  • Assessor Parcel Number 491517106012000513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1968
  • Lot Size Acres: 0.674
  • Structure Type: Duplex
  • Subdivision Name: SOUTHRIDGE VILLAGE
  • Inspection Warranties: Not Applicable
  • Property Description: Great opportunity for an investor with tenants in place until 2021 and rents coming in through 3/31/21. Nice all brick double with 2 bedrooms, 1 bath per side. Newer exterior doors, all Hardwood floors except kitchen & bath, large kitchen, newer paint, newer vinyl, fenced in yards on each side, with mini barn storage for each side, Includes gas oven/range and refrigerator on each side. Gas heat, central electric a/c. Many updates since 2009. Roof 2012, sewer line to street new 12/2009.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard,Insurance,Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1952
  • Laundry: Other

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear,Storage
  • Foundation Details: Crawl Space

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Solid Waste: 1

Lot Info

  • Current Use: Residential
  • Parcel Number: 491517106012000513
  • Acres: 1/2-1 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 115
  • Lot Size: 14,680

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance,Lawncare,All Utilities

Tax Info

  • Tax Annual Amount: 3040
  • Semi Annual Property Tax Amt: 1520
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Tunstall Kendrick M
Bought by
Providence Realty Llc
Current Estimated Value
$222,000

Purchase Details

Closed on
Nov 30, 2020
Sold by
Tunstall Kendrick M
Bought by
Providence Realty Llc

Purchase Details

Listed on
May 16, 2020
Closed on
Jul 31, 2020
Sold by
Ragusa Investments Llc
Bought by
Tunstall Kendrick M
Seller's Agent
Cory Danner
Kirk Realty Group, LLC
Buyer's Agent
Valerie Edwards
CENTURY 21 Scheetz
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$108,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2017
Sold by
Chang Cindy and Torelli Tommaso
Bought by
Ragusa Investments Llc

Purchase Details

Listed on
Jan 6, 2017
Closed on
Dec 30, 2016
Sold by
Sims Michael Davis
Bought by
Chang Cindy and Torelli Tommaso
Seller's Agent
Cory Danner
Kirk Realty Group, LLC
Buyer's Agent
Benjamin Wade
Sold Price
$700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Fifth Third Mortgage Company
Bought by
Sims Michael David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Wright Kevin and Wright Peggy
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Sep 2, 2004
Sold by
A1a Property Group Llc
Bought by
Wright Kevin and Wright Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Providence Realty Llc -- None Listed On Document
Providence Realty Llc -- None Available
Tunstall Kendrick M -- Stewart Title
Ragusa Investments Llc -- --
Chang Cindy -- Chicago Title
Sims Michael David -- None Available
Fifth Third Mortgage Company $98,000 None Available
Wright Kevin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tunstall Kendrick M $108,750
Previous Owner Sims Michael David $59,500
Previous Owner Wright Kevin $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $145,000 -3.3% $149 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $149,900 0.0% $154 / Sq Ft
01/23/2017 01/23/17 Rented $700 0.0% --
01/16/2017 01/16/17 Under Contract -- -- --
01/06/2017 01/06/17 For Rent $700 0.0% --
12/31/2016 12/31/16 Sold $102,000 0.0% $105 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Off Market $102,000 -- --
11/10/2016 11/10/16 For Sale $110,000 -- $113 / 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 $4,421 $166,100 $27,800 $138,300
2023 $4,421 $167,500 $27,800 $139,700
2022 $4,103 $154,100 $27,800 $126,300
2021 $3,721 $137,300 $27,800 $109,500
2020 $3,589 $137,300 $27,800 $109,500
2019 $2,897 $110,200 $23,200 $87,000
2018 $2,983 $109,600 $23,200 $86,400
2017 $2,950 $108,400 $23,200 $85,200
2016 $2,661 $106,200 $23,200 $83,000
2014 $2,588 $106,600 $23,200 $83,400
2013 $2,533 $106,600 $23,200 $83,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21710462

MIBOR Broker Listing Cooperative®

APN: 49-15-17-106-012.000-513