Seller's Agent in 2020
Joe Everhart
Everhart Studio, Ltd.
(317) 701-0479
23 in this area
235 Total Sales
816 Broadway St Indianapolis, IN 46202
Chatham Arch NeighborhoodEstimated Value: $398,898 - $572,000
4
Beds
--
Bath
1,156
Sq Ft
$420/Sq Ft
Est. Value
About This Home
As of August 2020Opportunity is knocking! Two buildings, one incredible location, and countless income generating options! These well-maintained, classic brick apartments radiate the charm that Chatham Arch is known for. Each unit includes hardwood floors, a functional floor plan, and the perfect outdoor space for enjoying the day's end. Walkability? It doesn't get much better! This location is ground zero for all things Downtown. Mass Ave bars, restaurants, and boutiques are right at your fingertips --- Bottleworks is only a stone's throw away! The perfect rental property? Perhaps. An awesome Air BnB setup? Absolutely! There is even potential for a conversion to five individual townhome residences. Whatever your ambitions, this package has the answer!
Last Agent to Sell the Property
Everhart Studio, Ltd. License #RB14039264 Listed on: 09/11/2019
Last Buyer's Agent
James Cherry
Cherry Appraisal Company, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,342
Year Built
- Built in 1920
Lot Details
- 2,178
Home Design
- Traditional Architecture
- Brick Exterior Construction
Additional Features
- 2-Story Property
- 2,178 Sq Ft Lot
Community Details
- Young Sub Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer water
- Assessor Parcel Number 491101246042000101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2019
Closed on
Aug 7, 2020
Sold by
Broadway Street Properties Llc
Bought by
Cherry James K and Cherry Cheryl L
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
James Cherry
Cherry Appraisal Company, LLC
List Price
$950,000
Sold Price
$785,700
Premium/Discount to List
-$164,300
-17.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$300,401
Avg. Annual Appreciation
-8.68%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cherry James K | $335,700 | First American Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cherry James K | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $785,700 | -4.8% | $680 / Sq Ft |
| 06/16/2020 06/16/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | Price Changed | $825,000 | -8.3% | $714 / Sq Ft |
| 03/02/2020 03/02/20 | Price Changed | $900,000 | -5.3% | $779 / Sq Ft |
| 09/10/2019 09/10/19 | For Sale | $950,000 | -- | $822 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $9,276 | $383,400 | $58,400 | $325,000 |
| 2023 | $9,276 | $386,800 | $58,400 | $328,400 |
| 2022 | $8,786 | $386,800 | $58,400 | $328,400 |
| 2021 | $8,115 | $347,500 | $35,900 | $311,600 |
| 2020 | $4,694 | $198,500 | $35,900 | $162,600 |
| 2019 | $4,419 | $183,100 | $35,900 | $147,200 |
| 2018 | $4,176 | $171,300 | $35,900 | $135,400 |
| 2017 | $3,527 | $161,700 | $35,900 | $125,800 |
| 2016 | $3,452 | $161,700 | $35,900 | $125,800 |
| 2014 | $3,308 | $194,300 | $35,900 | $158,400 |
| 2013 | $4,135 | $198,900 | $35,900 | $163,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Quinn Demaree
Everhart Studio, Ltd.
(317) 701-0479
22 in this area
185 Total Sales
-
J
Buyer's Agent in 2020
James Cherry
Cherry Appraisal Company, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21667339
APN: 49-11-01-246-042.000-101
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