NOT LISTED FOR SALE

856 River Ave Indianapolis, IN 46221

West Indianapolis Neighborhood

Estimated Value: $159,000 - $207,000

4 Beds
-- Bath
1,239 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $190,000 $153 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,374/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Partially Fenced Property
  • 2-minute walk to McCarty Triangle Park

About This Home

As of September 2022

Beautiful 3bd/1ba home that includes a 1bd/1ba guesthouse. Great opportunity to own a cash flowing multi-unit in a developing area near the Convention Center, southwest of downtown.

Last Agent to Sell the Property

Steve Flanagan

R. P. Lux Company Listed on: 08/26/2022

Last Buyer's Agent

Steve Flanagan

R. P. Lux Company Listed on: 08/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1890

Lot Details

  • 5,097 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Community Details

  • MC Cartys West Side Addition Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, water
  • The owner pays for sewer
  • Assessor Parcel Number 491110140013000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1890
  • Lot Size Acres: 0.117
  • Structure Type: FreeStand
  • Subdivision Name: MC CARTYS WEST SIDE ADDITION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://my.matterport.com/show/?m=bs6WMwELGh2
  • Unit Count: 2
  • Conversion: 0
  • Website: https://my.matterport.com/show/?m=ZZ1eyoKcMgT
  • MBR_AttributionContact: sflanagan@rplux.com
  • Special Features: None

Interior Features

  • Levels: One, Two
  • Owner Pays: Sewer
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 206910

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 600
  • Insurance Expenses: 700

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491110140013000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights
  • Lot Number: 234
  • Lot Size: 5,097

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1810
  • Semi Annual Property Tax Amt: 905
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 12, 2022
Sold by
Valley Renewal Llc
Bought by
Sawi Taki
Seller's Agent
Steve Flanagan
R. P. Lux Company
Buyer's Agent
Steve Flanagan
R. P. Lux Company
List Price
$206,910
Sold Price
$190,000
Premium/Discount to List
-$16,910
-8.17%
Views
23
Current Estimated Value
$192,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,096
Avg. Annual Appreciation
0.37%

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 17, 2020
Sold by
Graves David Michael and Rhoton Betty Ann
Bought by
Valley Renewal Llc
Seller's Agent
Shawna Brooks
Keller Williams Indy Metro S
Buyer's Agent
Jordan Moody
Keller Williams Indpls Metro N
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.94%
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
Sawi Taki -- None Listed On Document
Valley Renewal Llc $85,000 Title Alliance
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $190,000 -8.2% $153 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $206,910 +143.4% $167 / Sq Ft
08/06/2020 08/06/20 Sold $85,000 0.0% $46 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $85,000 -- $46 / 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 $4,027 $171,700 $2,100 $169,600
2023 $4,027 $165,300 $2,100 $163,200
2022 $2,729 $111,200 $2,100 $109,100
2021 $1,913 $78,500 $2,100 $76,400
2020 $948 $64,000 $2,100 $61,900
2019 $806 $52,700 $2,100 $50,600
2018 $786 $50,600 $2,100 $48,500
2017 $617 $43,400 $2,100 $41,300
2016 $597 $43,400 $2,100 $41,300
2014 $539 $43,200 $2,100 $41,100
2013 $560 $45,800 $2,100 $43,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Flanagan

    R. P. Lux Company

    Section Image
  • Shawna Brooks

    Seller's Agent in 2020

    Shawna Brooks

    Keller Williams Indy Metro S

    (317) 294-1861

    143 Total Sales

    Shawna Brooks
    Section Image

  • J

    Buyer's Agent in 2020

    Jordan Moody

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21879346

MIBOR Broker Listing Cooperative®

APN: 49-11-10-140-013.000-101

Indiana Marion County Indianapolis 46221 West Indianapolis

856 River Ave, Indianapolis, IN

This home is located at 856 River Ave, Indianapolis, IN 46221 since 26 August 2022 and is currently estimated at $192,096, approximately $155 per square foot. This property was built in 1890. 856 River Ave is a home located in Marion County with nearby schools including William Penn School 49, George Washington Community High School No. 721, and Arsenal Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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