NOT LISTED FOR SALE

Estimated Value: $122,000 - $166,000

2 Beds
-- Bath
756 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $48,500 $64 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,045/month

20 Days on Market

About This Home

As of September 2017

Great duplex opportunity, needs work to make it rent ready but great investment. Perfect for home owner that wants to live in one side and rent out the other side. Living Rm, Dining Rm, Kitchen, Breakfast Area, and 1 Bedroom on each side. Each side would rent for roughly $700 per month.

Last Agent to Sell the Property

Brian Wayman

CENTURY 21 Scheetz License #RB14050582 Listed on: 07/07/2017

CENTURY 21 Scheetz

Last Buyer's Agent

Gib Barker

Exceptional Homes, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1925

Lot Details

  • 6,055 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Wood Siding

Additional Features

  • Basement

Community Details

  • Emerson Heights North Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491004128036000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1925
  • Lot Size Acres: 0.139
  • Subdivision Name: EMERSON HEIGHTS NORTH SECTION
  • Inspection Warranties: Not Applicable
  • Property Description: Great duplex opportunity, needs work to make it rent ready but great investment. Perfect for home owner that wants to live in one side and rent out the other side. Living Rm, Dining Rm, Kitchen, Breakfast Area, and 1 Bedroom on each side. Each side would rent for roughly $700 per month.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Other
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1134
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block,Block
  • List Price: 59900

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage,2 Car Space
  • Auto Parking: 4
  • Auto Surface: gravel

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1000

Lot Info

  • Parcel Number: 491004128036000101
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Information: Street Lights
  • Lot Number: 11
  • Lot Size: 6,055

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1178
  • Semi Annual Property Tax Amt: 589
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Wallis Melissa M
Bought by
Wallis James E and Wallis Melissa M
Current Estimated Value
$147,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Outstanding Balance
$105,664
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$54,787

Purchase Details

Closed on
Dec 10, 2018
Sold by
W5 Homes Llc
Bought by
Wallis Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Outstanding Balance
$105,664
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$54,787

Purchase Details

Closed on
Apr 4, 2018
Sold by
Wallis James
Bought by
W5 Homes Llc

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 7, 2017
Bought by
Wallis James
Seller's Agent
Brian Wayman
CENTURY 21 Scheetz
Buyer's Agent
Gib Barker
Exceptional Homes, Inc.
List Price
$59,900
Sold Price
$48,500
Premium/Discount to List
-$11,400
-19.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Jun 23, 2017
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wallis James E -- None Available
Wallis Melissa M -- None Available
W5 Homes Llc -- None Available
Wallis James $48,500 --
Wallis James $48,500 Fidelity National Title
-- $42,800 --
Wallis James $42,751 Fidelity National Title
Avalon Management Group Llc $42,751 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallis James E $119,000
Previous Owner Cooper Deborah K $47,801
Previous Owner Cooper Deborah K $38,000
Previous Owner Cooper Deborah K $7,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $48,500 -19.0% $64 / Sq Ft
08/09/2017 08/09/17 For Sale $59,900 0.0% $79 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $59,900 -- $79 / 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 $2,882 $132,400 $23,300 $109,100
2023 $2,882 $114,900 $23,300 $91,600
2022 $2,975 $119,500 $23,300 $96,200
2021 $2,439 $99,200 $23,300 $75,900
2020 $2,084 $83,600 $8,500 $75,100
2019 $1,897 $74,200 $8,500 $65,700
2018 $1,726 $66,500 $8,500 $58,000
2017 $1,436 $61,100 $8,500 $52,600
2016 $1,314 $56,700 $8,500 $48,200
2014 $708 $60,000 $8,500 $51,500
2013 $825 $69,900 $8,500 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21496778

MIBOR Broker Listing Cooperative®

APN: 49-10-04-128-036.000-101