NOT LISTED FOR SALE

Estimated Value: $132,000 - $166,000

2 Beds
-- Bath
866 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $135,000 $156 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $957/month

130 Days on Market

About This Home

As of November 2024

Discover the potential of this charming duplex located at 937-939 N Gladstone Avenue in Indianapolis. This versatile property features two units, each with its own entrance, making it an excellent investment opportunity or a perfect setup for multi-generational living. Property Features: Each Unit: 2 bedrooms and 1 bathroom Total Living Space: Approximately 1,732 square feet Construction: Solid, well-maintained structure ensuring durability and low maintenance Flooring: Hardwood floors throughout, providing a warm and inviting atmosphere Kitchens: Spacious kitchens with ample cabinet space, perfect for meal preparation and entertaining Outdoor Space: A shared backyard offering plenty of room for outdoor activities and relaxation. Convenient Access: Situated in a quiet neighborhood with easy access to major roads and public transportation. This duplex is perfect for investors looking to expand their portfolio or for homeowners seeking a property that offers both comfort and potential rental income. Don't miss out on this rare opportunity in a sought-after area of Indianapolis.

Last Agent to Sell the Property

Jennifer Wilmoth

Wilmoth Group Brokerage Email: jen@wilmothgroup.com License #RB14030996 Listed on: 05/16/2024

Last Buyer's Agent

Ryan Rominger

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1925

Lot Details

  • 5,053

Home Design

  • Duplex

Additional Features

  • 2-Story Property
  • 5,053 Sq Ft Lot
  • Basement

Community Details

  • Mcwhirters E 10Th Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491004117070000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1925
  • Lot Size Acres: 0.12
  • Subdivision Name: Mcwhirters E 10Th
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jen@wilmothgroup.com
  • Multi Rooms: 5
  • Attribution Contact: jen@wilmothgroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Not Applic

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5053
  • Parcel Number: 491004117070000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1988
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Nov 13, 2024
Sold by
Dalessandro Ricardo
Bought by
Glazer Dalia V and Glazer Jacob
Seller's Agent
Jennifer Wilmoth
Wilmoth Group
Buyer's Agent
Ryan Rominger
Compass Indiana, LLC
List Price
$143,500
Sold Price
$135,000
Premium/Discount to List
-$8,500
-5.92%
Views
60
Current Estimated Value
$146,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,557
Avg. Annual Appreciation
8.30%
Original Mortgage
$101,250
Outstanding Balance
$100,279
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$46,278

Purchase Details

Closed on
Mar 28, 2017
Sold by
Neu Edward L
Bought by
D'Alessandro Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,450
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Marion County Board Of Commissioners
Bought by
Keen Property Group

Purchase Details

Closed on
Jan 21, 2016
Sold by
Angle David
Bought by
Marion County

Purchase Details

Closed on
Jun 28, 2006
Sold by
Lafever Michael and Lafever Eileen J
Bought by
Angle David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glazer Dalia V -- None Listed On Document
Glazer Dalia V -- None Listed On Document
D'Alessandro Ricardo $72,600 --
Alessandro Ricardo D $72,600 Eagle Land Title
Keen Property Group $4,500 None Available
Marion County $5,007 None Available
Angle David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glazer Dalia V $101,250
Closed Glazer Dalia V $101,250
Previous Owner Alessandro Ricardo D $54,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $135,000 -5.9% $156 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $143,500 0.0% $166 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $143,500 0.0% $166 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $143,500 +23.2% $166 / Sq Ft
05/16/2024 05/16/24 For Sale $116,500 -- $135 / 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 $2,198 $93,400 $6,000 $87,400
2023 $2,198 $88,400 $6,000 $82,400
2022 $2,088 $84,200 $6,000 $78,200
2021 $1,686 $68,800 $6,000 $62,800
2020 $1,647 $66,900 $2,700 $64,200
2019 $1,572 $62,500 $2,700 $59,800
2018 $1,546 $60,900 $2,700 $58,200
2017 $1,281 $55,900 $2,700 $53,200
2016 $93 $55,900 $2,700 $53,200
2014 $1,049 $48,500 $2,700 $45,800
2013 $1,338 $57,500 $2,700 $54,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21979831

MIBOR Broker Listing Cooperative®

APN: 49-10-04-117-070.000-101