NOT LISTED FOR SALE

Estimated Value: $118,000 - $138,000

1 Bed
1 Bath
808 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $69,900 $87 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $839/month

161 Days on Market

About This Home

As of April 2018

DUPLEX HAS BEEN CARED FOR WITH GREAT CARE. TERRRIFIC INCOME PROPERTY. OWNER COULD LIVE IN ONE SIDE AND HAVE THE OTHER PAY THE EQUITY DOWN. BOTH SIDES INCLUDE REFRIGERATOR, RANGE, WASHER, AND DRYER. BOTH SIDES HAVE GREAT BASEMENT SPACE, LARGE ROOMS, HARDWOODS, ORIGINAL WOODWORKING, BUILT IN BOOKSHELVES, AND LARGE FRONT PORCHES. THESE UNITS HAVE BEEN GREAT RENTAL UNITS. OWNER IS VERY METICULOUS IN MAINTENANCE. THIS PROPERTY IS IN THE HEART OF THE EAST SIDE REVITALIZATION EFFORTS OF INDY. NEWER ROOF, MECHANICALS IN 968, REFURBISHED HARDWOODS, AND MUCH MORE. BOTH SIDES WILL BE LEASED SOON.

Last Agent to Sell the Property

Kenneth George

Cardinal Realty and Associates License #RB14032868 Listed on: 10/05/2017

Last Buyer's Agent

Rick Daves

BluPrint Real Estate Group

BluPrint Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1929

Lot Details

  • 3,659

Home Design

  • Block Foundation
  • Aluminum Siding

Additional Features

  • 1-Story Property
  • 3,659 Sq Ft Lot
  • Basement

Community Details

  • Stumphs Sub Vawters Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, lawncare, water
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 491005149020000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$654

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1929
  • Lot Size Acres: 0.084
  • Road Frontage Type: City Street
  • Subdivision Name: STUMPHS SUB VAWTERS ADD
  • Inspection Warranties: Not Applicable
  • Property Description: DUPLEX HAS BEEN CARED FOR WITH GREAT CARE. TERRRIFIC INCOME PROPERTY. OWNER COULD LIVE IN ONE SIDE AND HAVE THE OTHER PAY THE EQUITY DOWN. BOTH SIDES INCLUDE REFRIGERATOR, RANGE, WASHER, AND DRYER. BOTH SIDES HAVE GREAT BASEMENT SPACE, LARGE ROOMS, HARDWOODS, ORIGINAL WOODWORKING, BUILT IN BOOKSHELVES, AND LARGE FRONT PORCHES. THESE UNITS HAVE BEEN GREAT RENTAL UNITS. OWNER IS VERY METICULOUS IN MAINTENANCE. THIS PROPERTY IS IN THE HEART OF THE EAST SIDE REVITALIZATION EFFORTS OF INDY. NEWER ROOF, MECHANICALS IN 968, REFURBISHED HARDWOODS, AND MUCH MORE. BOTH SIDES WILL BE LEASED SOON.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 69900
  • Road Access: AccessRd,CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 2000

Lot Info

  • Current Use: Residential
  • Parcel Number: 491005149020000101
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Curbs,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 1
  • Lot Size: 3,659

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Lawncare, Water

Multi Family

  • Net Operating Income: 11200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 654
  • Semi Annual Property Tax Amt: 327
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Apr 30, 2018
Sold by
Fokken Edward
Bought by
Hunot Nicholas K and Smith Erin Robson
Seller's Agent
Kenneth George
Cardinal Realty and Associates
Buyer's Agent
Rick Daves
BluPrint Real Estate Group
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,100
Avg. Annual Appreciation
9.77%
Original Mortgage
$50,800
Outstanding Balance
$44,244
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$94,179

Purchase Details

Closed on
Jul 25, 2012
Sold by
Hanna Inc
Bought by
Fokken Edward and Fokken Jane

Purchase Details

Closed on
Apr 5, 2010
Sold by
First Step Development Llc
Bought by
Hanna Inc

Purchase Details

Closed on
Dec 19, 2007
Sold by
Wm Specialty Mortgage Llc
Bought by
First Step Development Llc

Purchase Details

Closed on
Mar 20, 2007
Sold by
Moore Hortense and Jackson Cepeda
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Aug 19, 2005
Sold by
Jackson Cepeda
Bought by
Moore Hortense

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 2005
Sold by
Cherry Jones Wanda S
Bought by
Jackson Cepeda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,510
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Hunot Nicholas K $69,900 --
Hunot Nicholas K $69,900 Security Title
Fokken Edward -- Chicago Title Company Llc
Hanna Inc -- None Available
First Step Development Llc -- None Available
Wm Specialty Mortgage Llc $62,545 None Available
Moore Hortense -- None Available
Jackson Cepeda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunot Nicholas K $50,800
Previous Owner Moore Hortense $54,000
Previous Owner Jackson Cepeda $33,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $69,900 0.0% $87 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $69,900 -- $87 / 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 $1,692 $70,400 $6,700 $63,700
2023 $1,692 $66,300 $6,700 $59,600
2022 $1,631 $64,100 $6,700 $57,400
2021 $1,397 $55,500 $6,700 $48,800
2020 $1,272 $81,400 $2,000 $79,400
2019 $1,893 $75,400 $2,000 $73,400
2018 $1,109 $41,900 $2,000 $39,900
2017 $975 $40,800 $2,000 $38,800
2016 $762 $31,500 $2,000 $29,500
2014 $562 $37,400 $2,000 $35,400
2013 $778 $37,400 $2,000 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21517784

MIBOR Broker Listing Cooperative®

APN: 49-10-05-149-020.000-101