$250,000
SOLD APR 3, 2024
-- Bed
-- Bath
1,176 Sq Ft
5,881 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

12% Below List Price

2 Days on Market

Highlights

  • Traditional Architecture
  • Detached Garage
  • Forced Air Heating System

About This Home

As of April 2024

Looking for Cash flowing? Stop looking, this Investment quadruplex has it all!!. Fully leased four-plex! All units are 1 bedroom/1 bath. Two units have access to basement. Property was recently renovated and the units are in great shape. Gross Monthly Revenue: $3,767 Monthly Operating Expenses: $513.51 ($324.18 electricity / $189.33 gas/water/sewer) Current Property Management Fee: $59.29 for one of the units, all other are self managed. Please allow a minimum 48 hours notice for showings. Property is being sold AS IS, make sure to include as is addendum. Information deemed reliable but not guaranteed. Buyer responsible for verifying all information prior to placing an offer. No sign in yard! Please submit POF or pre approval letter with all offers.

Last Agent to Sell the Property

Claudia Arroyo Garibay

Garnet Group Brokerage Email: c.arroyo@veloindy.com License #RB21001153 Listed on: 02/27/2024

Last Buyer's Agent

Audra Cannon

CRM Properties, Inc. License #RB20000586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1910

Parking

  • Detached Garage

Home Design

  • Quadruplex
  • Traditional Architecture

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • 5,881 Sq Ft Lot
  • Unfinished Basement

Community Details

  • E T Woods Oakland Park Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 491005214008000101
  • Assessor Parcel Number 491005214008000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1910
  • Lot Size Acres: 0.14
  • Structure Type: Quadruplex
  • Subdivision Name: E T Woods Oakland Park
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 62500
  • MBR_AttributionContact: c.arroyo@veloindy.com
  • Attribution Contact: c.arroyo@veloindy.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 285000
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Detached

Utilities

  • Cooling: None, Wall Unit(s)
  • Heating: Forced Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 570

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5881
  • Parcel Number: 491005214008000101
  • Acres: <1/4 Acre
  • Price Acre: 1785714

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 3767
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1534
  • Tax Lot: 491005214008000101
  • Semi Annual Property Tax Amt: 767
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 11, 2024
Sold by
E & I Capital Llc
Bought by
Equifundable Properties Llc
Seller's Agent
Claudia Arroyo Garibay
Garnet Group
Buyer's Agent
Audra Cannon
CRM Properties, Inc.
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Views
13
Current Estimated Value
$248,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,301
Avg. Annual Appreciation
-8.22%
Original Mortgage
$200,000
Outstanding Balance
$197,921
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$25,112

Purchase Details

Closed on
Dec 13, 2023
Sold by
Insley Andrew
Bought by
E & I Capital Llc

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 15, 2022
Sold by
Kim Phillip
Bought by
Insley Andrew
Seller's Agent
Joel Aguilar
FS Houses LLC
Buyer's Agent
Claudia Arroyo Garibay
Velo Indy Real Estate Company
List Price
$160,000
Sold Price
$160,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$136,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 19, 2020
Sold by
Baseplate Llc
Bought by
Kim Phillip
Seller's Agent
Rod Forrest
eXp Realty, LLC
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.85%
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 16, 2020
Sold by
Jaakko Savolainen
Bought by
Phillip Kim
Seller's Agent
Rod Forrest
eXp Realty, LLC
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Feb 12, 2014
Sold by
Shining Lucky Star Llc
Bought by
Baseplate Llc
Seller's Agent
David McCarthy
Buyer's Agent
Chris Parker
List Price
$39,500
Sold Price
$35,070
Premium/Discount to List
-$4,430
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Oct 14, 2008
Sold by
Laing Scott
Bought by
Shining Lucky Star Llc

Purchase Details

Closed on
May 27, 2008
Sold by
The Bank Of New York
Bought by
Laing Scott

Purchase Details

Closed on
Feb 28, 2008
Sold by
Delfin Freddy
Bought by
The Bank Of New York

Purchase Details

Closed on
Oct 19, 2006
Sold by
Us Bank Na
Bought by
Resurgent Capital Services Lp
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 Type Sale Price Title Company
Warranty Deed $250,000 First American Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $160,000 --
Warranty Deed -- None Available
Deed $65,000 --
Deed $35,070 Mad Anthony Title Company Ll
Warranty Deed -- Mad Anthony Title
Warranty Deed -- None Available
Special Warranty Deed -- Statewide Title Company Inc
Sheriffs Deed $29,750 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $107,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $250,000 -12.3% $213 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $285,000 +78.1% $242 / Sq Ft
11/07/2022 11/07/22 Sold $160,000 0.0% $136 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $160,000 +146.2% $136 / Sq Ft
03/23/2020 03/23/20 Sold $65,000 -7.1% $55 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $70,000 +99.6% $60 / Sq Ft
02/17/2014 02/17/14 Sold $35,070 -11.2% $60 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
09/23/2013 09/23/13 For Sale $39,500 -- $67 / 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 $2,783 $186,300 $7,100 $179,200
2023 $2,783 $175,000 $7,100 $167,900
2022 $1,207 $76,900 $7,100 $69,800
2021 $1,650 $66,500 $7,100 $59,400
2020 $1,620 $112,800 $2,500 $110,300
2019 $2,580 $104,500 $2,500 $102,000
2018 $2,057 $81,700 $2,500 $79,200
2017 $1,805 $79,900 $2,500 $77,400
2016 $1,381 $61,300 $2,500 $58,800
2014 $1,068 $49,400 $2,500 $46,900
2013 $1,025 $49,300 $2,500 $46,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965479

MIBOR Broker Listing Cooperative®

APN: 49-10-05-214-008.000-101