951 N Chester Ave Indianapolis, IN 46201
Near Eastside Neighborhood
--
Bed
--
Bath
--
Sq Ft
5,401
Sq Ft Lot
About This Home
As of December 2024Fabulous east side investment opportunity. 1 bed, 1 bathroom each side with basement, walkable to Linwood Kroger and close to downtown and highways. All major mechanicals have been updated in the last 5 years, newer windows on both sides, separate electric meters, shared water/sewer meter. Currently long term tenant on 953 - tenant rights apply until 8/31/25 (paying $560 per month plus month plus $50 per month for water/sewer). Current rents in the area are $650+ per month - with a little TLC this property could be a low maintenance rental or house hack. Cash only.
Last Agent to Sell the Property
@properties Brokerage Email: martine.locke@gmail.com License #RB17001143 Listed on: 11/22/2024
Last Buyer's Agent
@properties Brokerage Email: martine.locke@gmail.com License #RB17001143 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,696
Year Built
- Built in 1926
Home Design
- Duplex
- Bungalow
- Block Foundation
- Aluminum Siding
Unfinished Basement
- Crawl Space
- Basement Storage
Parking
- Alley Access
- On-Street Parking
Additional Features
- 1-Story Property
- 5,401 Sq Ft Lot
Community Details
- Shannon Park Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer, water
- Tax Lot 142
- Assessor Parcel Number 491004141290000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Dec 19, 2024
Sold by
G & A Restoration Services Inc
Bought by
Cab Investment Properties Llc
Seller's Agent
Martine Locke
@properties
Buyer's Agent
Martine Locke
@properties
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,207
Avg. Annual Appreciation
6.33%
Purchase Details
Closed on
Jul 26, 2019
Sold by
Bennett H Kennard
Bought by
G & A Restoration Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Purchase Details
Closed on
Apr 28, 2015
Sold by
Gibbs Karla Jean and Cox Lorena Jane
Bought by
Gibbs Karla Jean and The Mary Jane Morgan Testament
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Warranty Deed | $105,000 | First American Title | |
| Deed | $40,150 | Enterprise Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $530,000 | Credit Line Revolving | |
| Previous Owner | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $105,000 | -8.7% | -- |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/30/2024 11/30/24 | Price Changed | $115,000 | -3.4% | -- |
| 11/22/2024 11/22/24 | For Sale | $119,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,816 | $75,500 | $6,900 | $68,600 |
| 2023 | $1,816 | $71,500 | $6,900 | $64,600 |
| 2022 | $1,731 | $68,300 | $6,900 | $61,400 |
| 2021 | $1,406 | $55,900 | $6,900 | $49,000 |
| 2020 | $1,328 | $74,600 | $2,800 | $71,800 |
| 2019 | $1,751 | $69,400 | $2,800 | $66,600 |
| 2018 | $1,724 | $70,300 | $2,800 | $67,500 |
| 2017 | $1,470 | $64,100 | $2,800 | $61,300 |
| 2016 | $1,439 | $64,100 | $2,800 | $61,300 |
| 2014 | $1,198 | $55,400 | $2,800 | $52,600 |
| 2013 | $1,366 | $65,700 | $2,800 | $62,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Martine Locke
@properties
(317) 515-1420
29 in this area
150 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22012746
APN: 49-10-04-141-290.000-101
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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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