NOT LISTED FOR SALE

Estimated Value: $150,000 - $180,754

4 Beds
2 Baths
1,064 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $123,499 $116 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,091/month

10 Days on Market

About This Home

As of September 2021

Excellent opportunity to pick up a cash-flowing duplex in Indianapolis. Both sides are currently leased. Unit# 903 is leased at 675 a month. Lease ends 3/31/2023. Unit# 905 is leased at 600 a month. Lease ends 11/30/2021. This property requires 48 hours notice to show. COVID-19 Showing Disclosure and Waiver must be signed and return before a showing is scheduled. NOTE: Photos were taken prior to tenant placement. This market is HOT! Hurry before you miss this opportunity!

Last Agent to Sell the Property

Todd Burton

Berkshire Hathaway Home License #RB14027773 Listed on: 08/03/2021

Berkshire Hathaway Home

Last Buyer's Agent

Daniel McNeal

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1910

Lot Details

  • 4,792

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 4,792 Sq Ft Lot

Community Details

  • Adams Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for insurance, taxes, sewer, water
  • Assessor Parcel Number 491005223052000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1910
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: ADAMS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 129999

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491005223052000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 1
  • Lot Size: 60 X 80

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2374
  • Semi Annual Property Tax Amt: 1187
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Jordan Meier
Bought by
Topp Ventures Llc
Current Estimated Value
$160,251

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 14, 2021
Sold by
Krin Robert
Bought by
Meier Jordan and Meier Grace
Seller's Agent
Todd Burton
Berkshire Hathaway Home
Buyer's Agent
Daniel McNeal
@properties
Sold Price
$123,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$92,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 13, 2021
Sold by
Krin Robert
Bought by
Meier Jordan and Meier Grace
Seller's Agent
Todd Burton
Berkshire Hathaway Home
Buyer's Agent
Daniel McNeal
@properties
Sold Price
$123,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,600
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2017
Bought by
Krin Robert

Purchase Details

Closed on
Feb 5, 2014
Sold by
Burton Linda C
Bought by
Burton Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2012
Sold by
Marquis Properties Llc
Bought by
Timothy Dybis 17 14860

Purchase Details

Closed on
Mar 16, 2010
Sold by
Indianapolis Reformation Community Devel
Bought by
Charter Rentals Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Patterson Phimar D
Bought by
Indianapolis Reformation Community Devel
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
Topp Ventures Llc -- None Listed On Document
Meier Jordan -- New Title Company Name
Meier Jordan $123,499 Foundation Title
Krin Robert $76,500 --
Krin Robert $76,500 First American Title
Burton Linda C $68,900 Eagle Land Title Llc
United Consortium Llc -- None Available
Timothy Dybis 17 14860 -- --
Charter Rentals Llc -- None Available
Indianapolis Reformation Community Devel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meier Jordan $92,600
Previous Owner Meier Jordan $92,600
Previous Owner United Consortium Llc $68,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $123,499 0.0% $116 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/04/2021 08/04/21 For Sale -- -- --
08/02/2021 08/02/21 Off Market $123,499 -- --
08/01/2021 08/01/21 For Sale $129,999 -- $122 / 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 $2,895 $124,500 $5,200 $119,300
2023 $2,895 $117,000 $5,200 $111,800
2022 $2,779 $112,700 $5,200 $107,500
2021 $2,354 $97,000 $5,200 $91,800
2020 $2,375 $97,600 $2,000 $95,600
2019 $2,247 $90,400 $2,000 $88,400
2018 $1,790 $70,500 $2,000 $68,500
2017 $1,338 $57,900 $2,000 $55,900
2016 $1,032 $44,500 $2,000 $42,500
2014 $778 $36,000 $2,000 $34,000
2013 $748 $36,000 $2,000 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803327

MIBOR Broker Listing Cooperative®

APN: 49-10-05-223-052.000-101