NOT LISTED FOR SALE

Estimated Value: $208,000 - $305,702

3 Beds
3 Baths
1,021 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $20,250 $20 Per Sq Ft

Est. 1,134% increase in value since last sale

Current estimated payment $1,884/month

302 Days on Market

About This Home

As of July 2019

Long term vacant duplex converted to triplex. Needs extensive rehab. Sold through an application process. Project agreement recorded at closing requires rehab within 24 months before resale.

Last Agent to Sell the Property

Bruce Baird

Intend Indiana, Inc. Listed on: 06/26/2018

Last Buyer's Agent

Bruce Baird

Intend Indiana, Inc. Listed on: 06/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1905

Lot Details

  • 6,011

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 6,011 Sq Ft Lot

Community Details

  • Julian Bradbury & Julian Spring Garden Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 491019112039000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,885

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1905
  • Lot Size Acres: 0.138
  • Subdivision Name: JULIAN BRADBURY & JULIAN SPRING GARDEN
  • Inspection Warranties: Not Applicable
  • Property Description: Long term vacant duplex converted to triplex. Needs extensive rehab. Sold through an application process. Project agreement recorded at closing requires rehab within 24 months before resale.
  • Transaction Type: Sale
  • Website: https://build.renewindianapolis.org/property/1076021/
  • Unit Count: 2
  • Conversion: 0
  • Website: https://www.renewindianapolis.org/
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 20250

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 491019112039000101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 1076021
  • Lot Size: 6,011

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 30, 2019
Sold by
Renew Indinapolis Inc
Bought by
Burk Jason and Burk Sheri
Seller's Agent
Bruce Baird
Intend Indiana, Inc.
Buyer's Agent
Bruce Baird
Intend Indiana, Inc.
List Price
$27,000
Sold Price
$20,250
Premium/Discount to List
-$6,750
-25%
Current Estimated Value
$249,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,676
Avg. Annual Appreciation
49.98%

Purchase Details

Closed on
Sep 21, 2017
Sold by
Marion County Auditor
Bought by
Marion County

Purchase Details

Closed on
May 12, 2012
Sold by
Potash Moshe
Bought by
Potash Moshe

Purchase Details

Closed on
Dec 2, 2011
Sold by
Hendricks Asset 5 Llc
Bought by
Kastel Properties Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Schembra Sean and Schembra Delanie
Bought by
Hendricks Asset 5 Llc

Purchase Details

Closed on
May 31, 2007
Sold by
Lanahan Dennis J
Bought by
Schembra Sean and Schembra Delanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Burk Jason $11,138 First American Title Insurance
Renew Indianapolis Inc $11,138 First American Title Insurance
Marion County $16,100 --
Potash Moshe $25,000 --
Emes Properties Inc -- None Available
Kastel Properties Llc -- None Available
Hendricks Asset 5 Llc -- None Available
Schembra Sean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schembra Sean $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $20,250 0.0% $20 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $20,250 -25.0% $20 / Sq Ft
06/26/2018 06/26/18 For Sale $27,000 -- $26 / 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 $6,885 $175,200 $4,000 $171,200
2023 $6,885 $285,200 $8,000 $277,200
2022 $1,590 $60,900 $8,000 $52,900
2021 $1,142 $43,100 $8,000 $35,100
2020 $1,823 $73,100 $8,000 $65,100
2019 $576 $63,900 $4,000 $59,900
2018 $1,430 $52,800 $4,000 $48,800
2017 $141 $49,100 $4,000 $45,100
2016 $1,179 $49,100 $4,000 $45,100
2014 $1,372 $62,300 $4,000 $58,300
2013 $1,427 $62,300 $4,000 $58,300
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21576814

MIBOR Broker Listing Cooperative®

APN: 49-10-19-112-039.000-101