NOT LISTED FOR SALE

Estimated Value: $100,000 - $157,463

2 Beds
-- Bath
728 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $135,000 $185 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $868/month

8 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2024

Investment Opportunity on Indy's East Side! This one bed/one bath per unit duplex is well maintained with new roof in March 2023. Unit 823 turned with fresh paint and flooring in January 2023. Windows, Furnace, AC and Water Heaters new in 2020. Fenced backyard and detached garage.

Last Agent to Sell the Property

RJ LaChance

Tyler Knows Real Estate LLC Brokerage Email: workwithrj@gmail.com Listed on: 12/06/2023

Last Buyer's Agent

Todd Ferris

Ferris Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1925

Lot Details

  • 5,400 Sq Ft Lot

Parking

  • 1 Car Garage
  • Alley Access
  • On-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Schools

  • Ralph Waldo Emerson School 58 Elementary School
  • Arsenal Technical High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Shannon Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Tax Lot 201
  • Assessor Parcel Number 491004141052000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1925
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Structure Type: Duplex
  • Subdivision Name: Shannon Park
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: workwithrj@gmail.com
  • Multi Rooms: 8
  • Attribution Contact: workwithrj@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Sewer, Trash Collection, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 135000
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access, Street Only
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 5400
  • Parcel Number: 491004141052000101
  • Zoning: D5
  • Acres: <1/4 Acre
  • Price Acre: 1125000

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 650
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2044
  • Tax Block: 0
  • Tax Lot: 201
  • Semi Annual Property Tax Amt: 1022
  • Tax Exemption: None

MLS Schools

  • Elementary School: Ralph Waldo Emerson School 58
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 11, 2024
Sold by
Lachance Rene
Bought by
Hutchinson Matthew
Seller's Agent
RJ LaChance
Tyler Knows Real Estate LLC
Buyer's Agent
Todd Ferris
Ferris Property Group
List Price
$135,000
Sold Price
$135,000
Views
41
Current Estimated Value
$130,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,512
Avg. Annual Appreciation
-1.96%
Original Mortgage
$114,750
Outstanding Balance
$112,877
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$17,611

Purchase Details

Listed on
Mar 27, 2020
Closed on
Apr 10, 2020
Sold by
Par Shwe Hlei
Bought by
Lachance Rene
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$79,000
Sold Price
$78,000
Premium/Discount to List
-$1,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2020
Sold by
Lakeview Loan Servicing Llc
Bought by
Par Shwe Hlei

Purchase Details

Closed on
Nov 20, 2019
Sold by
Marion County Sheriff
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Apr 18, 2006
Sold by
Swallow William L and Swallow Nancy A
Bought by
Daly Tarter Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,001
Interest Rate
6.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hutchinson Matthew -- None Listed On Document
Lachance Rene $78,000 Investors Title
Par Shwe Hlei $40,125 None Available
Lakeview Loan Servicing Llc $41,625 None Available
Daly Tarter Catherine A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Matthew $114,750
Previous Owner Lachance Rene $60,000
Previous Owner Daly Tarter Catherine A $61,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $135,000 0.0% $185 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $135,000 +73.1% $185 / Sq Ft
04/10/2020 04/10/20 Sold $78,000 -11.4% $107 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/28/2020 03/28/20 Price Changed $88,000 +11.4% $121 / Sq Ft
03/27/2020 03/27/20 For Sale $79,000 -- $109 / 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 $2,108 $88,400 $6,900 $81,500
2023 $2,108 $83,800 $6,900 $76,900
2022 $2,004 $79,900 $6,900 $73,000
2021 $1,620 $65,200 $6,900 $58,300
2020 $1,168 $45,500 $2,800 $42,700
2019 $645 $42,900 $2,800 $40,100
2018 $633 $41,800 $2,800 $39,000
2017 $526 $38,300 $2,800 $35,500
2016 $513 $38,300 $2,800 $35,500
2014 $357 $33,200 $2,800 $30,400
2013 $813 $39,200 $2,800 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21955887

MIBOR Broker Listing Cooperative®

APN: 49-10-04-141-052.000-101