NOT LISTED FOR SALE

Estimated Value: $71,000 - $158,000

2 Beds
-- Bath
675 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $22,500 $33 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $791/month

23 Days on Market

About This Home

As of November 2017

Remarkable opportunity to own a very easy to maintain duplex. One side rents for $450/ month already and tenant has lease for another 2 years. What an opportunity to bank roll a property with half the work already done for you. Home just needs some clean up and it's ready to rent the other side. Who wants to make money!?!?!?

Last Agent to Sell the Property

Chad Everts

E-Rocks Real Estate License #RB14046209 Listed on: 09/26/2017

Last Buyer's Agent

Joanne McAnlis

RE/MAX Ability Plus License #RB14037921

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,097 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Vinyl Siding

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electricity, insurance, all utilities
  • The owner pays for notapplic
  • Assessor Parcel Number 490623146003000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1923
  • Lot Size Acres: 0.117
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Remarkable opportunity to own a very easy to maintain duplex. One side rents for $450/ month already and tenant has lease for another 2 years. What an opportunity to bank roll a property with half the work already done for you. Home just needs some clean up and it's ready to rent the other side. Who wants to make money!?!?!?
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1800
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 35000
  • Interstate: Ramp<1Mi

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 2100

Lot Info

  • Parcel Number: 490623146003000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Cul-De-Sac,Curbs,Sidewalks
  • Lot Number: 12
  • Lot Size: 5,097

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance, All Utilities

Multi Family

  • Net Operating Income: 9000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1090
  • Semi Annual Property Tax Amt: 545
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: George Washington Carver School 87 Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 6, 2017
Sold by
Mckeldin Richard
Bought by
Gremling John
Seller's Agent
Chad Everts
E-Rocks Real Estate
Buyer's Agent
Joanne McAnlis
RE/MAX Ability Plus
List Price
$35,000
Sold Price
$22,500
Premium/Discount to List
-$12,500
-35.71%
Current Estimated Value
$114,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,000
Avg. Annual Appreciation
24.14%

Purchase Details

Listed on
Oct 27, 2016
Closed on
Feb 2, 2017
Sold by
Young Anthony Kaulana
Bought by
Garner Brandon
Seller's Agent
Charles Dover
Buyer's Agent
Dick Richwine
Berkshire Hathaway Home
List Price
$54,900
Sold Price
$29,000
Premium/Discount to List
-$25,900
-47.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.71%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Young Anthony Kaulana
Bought by
808 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Gremling John
Bought by
Young Anthony K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2013
Sold by
Gremling John
Bought by
Young Anthony Kaulana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
U S Bank National Association
Bought by
Gremling John

Purchase Details

Closed on
Oct 5, 2010
Sold by
Johnson Henry
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 31, 2006
Sold by
Vega Auhsha B L
Bought by
Johnson Henry
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
Gremling John $28,800 --
Garner Brandon $29,000 --
Freedom 1St Properties Llc $29,000 Attorneys Title Agency
808 Investments Llc -- None Available
Young Anthony K -- --
Young Anthony Kaulana $46,000 --
Gremling John -- None Available
Us Bank National Association $12,000 None Available
Johnson Henry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Anthony K $34,500
Previous Owner Gremling John $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $22,500 -35.7% $33 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $35,000 +20.7% $52 / Sq Ft
02/07/2017 02/07/17 Sold $29,000 -3.0% $43 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/09/2017 01/09/17 Price Changed $29,900 -45.5% $44 / Sq Ft
01/09/2017 01/09/17 For Sale $54,900 +89.3% $81 / Sq Ft
12/30/2016 12/30/16 Off Market $29,000 -- --
10/27/2016 10/27/16 For Sale $54,900 -- $81 / 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 $2,058 $81,700 $14,200 $67,500
2023 $2,058 $81,700 $14,200 $67,500
2022 $1,978 $81,700 $14,200 $67,500
2021 $1,362 $54,000 $3,100 $50,900
2020 $1,326 $52,300 $3,100 $49,200
2019 $1,302 $50,400 $3,100 $47,300
2018 $1,311 $50,400 $3,100 $47,300
2017 $1,111 $47,200 $3,100 $44,100
2016 $1,198 $52,500 $3,100 $49,400
2014 $1,059 $49,000 $3,100 $45,900
2013 $1,019 $49,000 $3,100 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21515085

MIBOR Broker Listing Cooperative®

APN: 49-06-23-146-003.000-101