NOT LISTED FOR SALE

Estimated Value: $129,000 - $204,616

2 Beds
-- Bath
637 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $190,000 $298 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,144/month

30 Days on Market

Highlights

  • Mature Trees
  • Bungalow
  • 1-Story Property
  • Laundry Room

About This Home

As of April 2024

Great Investment Opportunity!! in a great neighborhood close to downtown? Don't miss out on this cash flow opportunity. Fully leased four-plex! All units are 1 bedroom/1 bath. Two units have access to basement. Property was recently renovated and the units are in great shape. Laundry room available. Gross Monthly Revenue: $3,810 Monthly Operating Expenses: $569.81 ($347.13 electricity / $221.87 gas/water/sewer) Tenant rights apply. Please allow a minimum 48 hours notice for showings. Property is being sold AS IS, make sure to include as is addendum.

Last Agent to Sell the Property

Claudia Arroyo Garibay

Garnet Group Brokerage Email: c.arroyo@veloindy.com License #RB21001153 Listed on: 01/26/2024

Last Buyer's Agent

Bunmi Famosinpe

My Agent License #RB22000979

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,443 Sq Ft Lot
  • Mature Trees

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry Room
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Lukenbills Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 491005106053000101
  • Assessor Parcel Number 491005106053000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.1
  • Structure Type: Quadruplex
  • Subdivision Name: Lukenbills
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 47500
  • MBR_AttributionContact: c.arroyo@veloindy.com
  • Attribution Contact: c.arroyo@veloindy.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Exterior Features: Not Applicable
  • Foundation Details: Block
  • List Price: 265000
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: Other

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Laundry Features: Laundry Room
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 4443
  • Parcel Number: 491005106053000101
  • Acres: <1/4 Acre
  • Price Acre: 1900000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 3810
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1152
  • Tax Lot: 491005106053000101
  • Semi Annual Property Tax Amt: 576
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 4, 2024
Sold by
E & I Capital Llc
Bought by
Alitoro Eniola
Seller's Agent
Claudia Arroyo Garibay
Garnet Group
Buyer's Agent
Bunmi Famosinpe
My Agent
List Price
$265,000
Sold Price
$190,000
Premium/Discount to List
-$75,000
-28.3%
Views
18
Current Estimated Value
$164,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,356
Avg. Annual Appreciation
-10.07%
Original Mortgage
$142,500
Outstanding Balance
$141,036
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$23,608

Purchase Details

Closed on
Dec 13, 2023
Sold by
Evans Brandon
Bought by
E & I Capital Llc

Purchase Details

Closed on
Mar 14, 2023
Sold by
Evans Brandon S
Bought by
Evans Brandon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 20, 2022
Sold by
933 N Ewing St Llc
Bought by
Evans Brandon
Seller's Agent
Geri Neu
Neu Real Estate Group
Buyer's Agent
Claudia Arroyo Garibay
Velo Indy Real Estate Company
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Closed on
Jul 9, 2020
Sold by
Young Steven Ryan
Bought by
933 N Ewing St Llc

Purchase Details

Closed on
Sep 1, 2017
Sold by
Montgomery Robert
Bought by
Wright George

Purchase Details

Closed on
Aug 31, 2017
Sold by
Invictus Real Estate Group
Bought by
Young Steven Ryan

Purchase Details

Closed on
Feb 7, 2012
Sold by
Clear Creek Advisors
Bought by
Aequitas Reo Ventures Llc

Purchase Details

Closed on
Nov 16, 2010
Sold by
Hoosier House Buyers Llc and Ratcliff Andrea
Bought by
Clear Creek Advisors

Purchase Details

Closed on
Nov 15, 2010
Sold by
Vittirio Phillip V and Vittirio Naomi E
Bought by
Hoosier House Buyers Llc
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
Alitoro Eniola $190,000 First American Title
E & I Capital Llc -- None Listed On Document
Evans Brandon S -- --
Evans Brandon $100,000 Eagle Land Title
933 N Ewing St Llc $65,000 Monument Title
Wright George $47,000 --
Young Steven Ryan $66,000 --
Young Steven Ryan -- --
Invictus Real Estate Group -- --
Aequitas Reo Ventures Llc -- None Available
Clear Creek Advisors -- None Available
Hoosier House Buyers Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alitoro Eniola $142,500
Previous Owner Evans Brandon S $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $190,000 -28.3% $298 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $265,000 0.0% $416 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $265,000 +165.0% $416 / Sq Ft
07/20/2022 07/20/22 Sold $100,000 -9.1% $157 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $110,000 -- $173 / 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 $2,907 $125,000 $5,900 $119,100
2023 $2,907 $117,500 $5,900 $111,600
2022 $1,476 $57,500 $5,900 $51,600
2021 $1,540 $49,900 $5,900 $44,000
2020 $1,326 $52,300 $2,200 $50,100
2019 $1,258 $48,500 $2,200 $46,300
2018 $1,018 $38,100 $2,200 $35,900
2017 $899 $37,200 $2,200 $35,000
2016 $706 $28,800 $2,200 $26,600
2014 $504 $23,300 $2,200 $21,100
2013 $484 $23,300 $2,200 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21960720

MIBOR Broker Listing Cooperative®

APN: 49-10-05-106-053.000-101