NOT LISTED FOR SALE

Estimated Value: $212,000 - $230,670

3 Beds
-- Bath
1,176 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $177,000 $151 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,484/month

3 Days on Market

About This Home

As of November 2021

Great investment opportunity in Emerson Heights. Well maintained 3 bdrm/side double. 2 yr. old furnace south side, fenced in back yard, and both street and off street parking. southside tenant has been there 17 years. Request 24 hour notice for showings daily between 10-6
Property to be sold as is.

Last Agent to Sell the Property

Robert Harton

Artisan, REALTORS® License #RB14005922 Listed on: 10/21/2021

Last Buyer's Agent

Martine Locke

@properties

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,634

Year Built

  • 1920

Lot Details

  • 6,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,634

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: First street (W) of Emerson Avenue & 10th Street. Turn (L) on Bancroft, first house. First house on east side of street south of 10th St.
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: EMERSON HEIGHTS NORTH SECTION
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Basement YN: Yes
  • Owner Pays: Taxes

Exterior Features

  • Exterior Features: Fence Full Rear
  • Construction Type: Brick, Stucco
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,1 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Street
  • Lot Number: 24
  • Lot Size: 40 X 163

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Lawncare, Sewer, All Utilities, Water

Tax Info

  • Semi Annual Property Tax Amt: 817
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 1634
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Daniel Webster School 46 Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 5, 2022
Sold by
Wertman Tamara J
Bought by
Hergenroether Jack M
Seller's Agent
Robert Harton
Artisan, REALTORS®
Buyer's Agent
Martine Locke
@properties
List Price
$169,900
Sold Price
$177,000
Premium/Discount to List
$7,100
4.18%
Current Estimated Value
$220,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,890
Avg. Annual Appreciation
5.89%
Original Mortgage
$132,750
Outstanding Balance
$122,362
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$98,528

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 22, 2021
Sold by
Wertman Tamara J
Bought by
Hergenroether Jack M
Seller's Agent
Robert Harton
Artisan, REALTORS®
Buyer's Agent
Martine Locke
@properties
List Price
$169,900
Sold Price
$177,000
Premium/Discount to List
$7,100
4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Outstanding Balance
$122,362
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$98,528

Purchase Details

Closed on
Sep 20, 2005
Sold by
Mattox David C and Mattox Laura G
Bought by
Wertman Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Hergenroether Jack M $176,557 Hall Render Killian Heath & Ly
Hergenroether Jack M $177,000 Hall Render Killian Heath & Ly
Wertman Tamara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hergenroether Jack M $132,750
Closed Hergenroether Jack M $132,750
Previous Owner Wertman Tamara J $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $177,000 +4.2% $151 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $169,900 -- $144 / 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 $3,704 $175,700 $24,100 $151,600
2023 $3,704 $151,100 $24,100 $127,000
2022 $3,837 $157,500 $24,100 $133,400
2021 $2,116 $86,700 $24,100 $62,600
2020 $1,749 $70,600 $8,800 $61,800
2019 $2,488 $100,600 $8,800 $91,800
2018 $2,250 $89,800 $8,800 $81,000
2017 $1,850 $82,000 $8,800 $73,200
2016 $1,308 $57,800 $8,800 $49,000
2014 $1,356 $62,700 $8,800 $53,900
2013 $1,687 $76,600 $8,800 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21815908

MIBOR Broker Listing Cooperative®

APN: 49-10-04-128-155.000-101