NOT LISTED FOR SALE

80 N 5th Ave Beech Grove, IN 46107

Estimated Value: $223,304 - $247,000

2 Beds
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 30, 2024

Last sale price $216,000

Est. 10% increase in value since last sale

Current estimated payment $1,763/month

35 Days on Market

About This Home

As of September 2024

What a great investment opportunity! This multi-family property features four 1-bedroom, 1 bath units. All are currently leased. Total gross is $2710 per month. Seller pays water/sewer/gas. Previous owner updated all windows, some water heaters, carpets and appliances. Please do not approach the tenants or the property. Showings may be scheduled only after an accepted offer. The units have wall units for cooling and gas wall type heating. Kitchen applicances convey with the property.

Last Agent to Sell the Property

Margaret D'Souza

Red Door Real Estate Brokerage Email: mdsouza@reddoorindy.com License #RB14037588 Listed on: 06/11/2024

Last Buyer's Agent

Cory Gardner

Gardner Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1905

Lot Details

  • 5,314 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Schools

  • Beech Grove Middle School
  • South Grove Intermediate School
  • Beech Grove Sr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Beech Grove Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gas, sewer, water
  • Tax Lot 4
  • Assessor Parcel Number 491028139136000502
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,012

Year Built

Built in 1905

Lot Details

5,314 Sq Ft Lot

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1905
  • Lot Size Acres: 0.12
  • Subdivision Name: Beech Grove
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: mdsouza@reddoorindy.com
  • Attribution Contact: mdsouza@reddoorindy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: Gas, Sewer, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Crawl Space
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Detached
  • Unit Parking: Other

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Laundry Features: Connections All
  • Solid Waste: Yes

Schools

  • Middle Or Junior School: Beech Grove Middle School
  • MBR_IntermediateSchool: South Grove Intermediate School

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 5314
  • Parcel Number: 491028139136000502
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 5012
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 2506
  • Tax Exemption: None

MLS Schools

  • High School: Beech Grove Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Sep 26, 2024
Sold by
Ruiz Sergio M and Gil-Ruiz Clarissa G
Bought by
Cecchin Properties Llc
Seller's Agent
Margaret D'Souza
Red Door Real Estate
Buyer's Agent
Cory Gardner
Gardner Property Group
List Price
$240,000
Sold Price
$216,000
Premium/Discount to List
-$24,000
-10%
Views
9
Current Estimated Value
$237,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,385
Avg. Annual Appreciation
5.59%
Original Mortgage
$244,927
Outstanding Balance
$239,045
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$4,944

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jun 9, 2022
Sold by
Oliver Matthew N
Bought by
Ruiz Sergio M and Gil-Ruiz Clarissa G
Seller's Agent
Deborah Argenta
Keller Williams Indpls Metro N
Buyer's Agent
Margaret D'Souza
Red Door Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%
Original Mortgage
$150,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Jan 31, 2017
Sold by
Lyons Michael
Bought by
Oliver Matthew N
Seller's Agent
Jen Webster
F.C. Tucker Company
Buyer's Agent
Deborah Argenta
Keller Williams Indpls Metro N
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Source: Public Records
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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
Cecchin Properties Llc -- Investors Title
Ruiz Sergio M -- Briscoe Legal Services Llc
Oliver Matthew N $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecchin Properties Llc $244,927
Previous Owner Ruiz Sergio M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $216,000 0.0% --
07/19/2024 07/19/24 Pending -- -- --
07/15/2024 07/15/24 Off Market $216,000 -- --
07/11/2024 07/11/24 For Sale $240,000 0.0% --
06/16/2024 06/16/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $240,000 +9.1% --
05/26/2022 05/26/22 Sold $220,000 -2.2% -- View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $225,000 0.0% --
04/23/2022 04/23/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $225,000 0.0% --
03/28/2022 03/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $225,000 +125.0% --
01/31/2017 01/31/17 Sold $100,000 -5.6% -- View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
06/23/2016 06/23/16 Price Changed $105,900 -3.6% --
05/12/2016 05/12/16 For Sale $109,900 -- --
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 $5,943 $217,300 $17,000 $200,300
2024 $5,332 $215,700 $17,000 $198,700
2023 $5,332 $191,200 $17,000 $174,200
2022 $5,012 $176,100 $17,000 $159,100
2021 $4,081 $148,200 $17,000 $131,200
2020 $3,436 $132,700 $17,000 $115,700
2019 $3,215 $128,800 $14,000 $114,800
2018 $1,286 $111,600 $14,000 $97,600
2017 $1,497 $125,100 $14,000 $111,100
2016 $3,000 $121,100 $14,000 $107,100
2014 $2,571 $109,400 $14,000 $95,400
2013 $2,265 $96,600 $14,000 $82,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21984864

MIBOR Broker Listing Cooperative®

APN: 49-10-28-139-136.000-502

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