NOT LISTED FOR SALE

Indianapolis, IN 46222

Haughville Neighborhood

Estimated Value: $39,471 - $158,000

2 Beds
-- Bath
729 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $14,000 $19 Per Sq Ft

Est. 692% increase in value since last sale

Current estimated payment $673/month

2 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of April 2017

Property needs extensive repairs and is boarded. This two bedroom per side duplex could be a great investment with a little work. Two bedroom units rent for $450 to $500 monthly and rent quickly near IUPUI Campus. This is a very good return on the investment considering the low price and Gross Potential Income. Make the repairs and win with this investment property.

Last Agent to Sell the Property

Randall Booknis

Search Management, Inc License #CR61400013 Listed on: 03/21/2017

Last Buyer's Agent

Jerome Gordon

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $262

Year Built

  • Built in 1950

Lot Details

  • 4,182 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Community Details

  • Merritt Place Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for carpet cleaning, insurance, lawncare
  • Assessor Parcel Number 491103111128000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$262

Year Built

Built in 1950

Lot Details

4,182 Sq Ft Lot

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1950
  • Lot Size Acres: 0.096
  • Subdivision Name: MERRITT PLACE
  • Inspection Warranties: SeeRemarks
  • Property Description: Property needs extensive repairs and is boarded. This two bedroom per side duplex could be a great investment with a little work. Two bedroom units rent for $450 to $500 monthly and rent quickly near IUPUI Campus. This is a very good return on the investment considering the low price and Gross Potential Income. Make the repairs and win with this investment property.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Carpet Cleaning, Insurance, Insurance, Lawncare
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1458
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Block

Garage/Parking

  • Unit Parking: On Street
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 0
  • HVAC: Electric

Lot Info

  • Current Use: Vacant
  • Parcel Number: 491103111128000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline
  • Lot Number: 127
  • Lot Size: 4,182

Green Features

  • Green Certification Y N: 0

Rental Info

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

Tax Info

  • Tax Annual Amount: 262
  • Semi Annual Property Tax Amt: 131
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools
  • Schools: Cold Spring Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 6, 2017
Sold by
John Drake Manager
Bought by
Harris Member Bryan
Seller's Agent
Randall Booknis
Search Management, Inc
Buyer's Agent
Jerome Gordon
F.C. Tucker Company
List Price
$14,900
Sold Price
$14,000
Premium/Discount to List
-$900
-6.04%
Current Estimated Value
$110,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,824
Avg. Annual Appreciation
26.04%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Harris Lucille
Bought by
J Pacific Ventures Llc
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
Harris Member Bryan $14,000 --
Harris Property Investments Llc $14,000 Quality Title Insurance
J Pacific Ventures Llc $25,412 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $14,000 -6.0% $19 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $14,900 -- $20 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,152 $44,300 $3,300 $41,000
2023 $1,152 $44,300 $3,300 $41,000
2022 $1,033 $39,500 $3,300 $36,200
2021 $876 $33,700 $3,300 $30,400
2020 $799 $30,300 $3,300 $27,000
2019 $722 $26,500 $3,300 $23,200
2018 $569 $19,900 $3,300 $16,600
2017 $2,233 $12,900 $3,300 $9,600
2016 $348 $12,300 $3,300 $9,000
2014 $143 $11,500 $3,300 $8,200
2013 $140 $11,500 $3,300 $8,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Randall Booknis

    Search Management, Inc

    (317) 437-5185

    4 Total Sales

    Randall Booknis
    Section Image

  • J

    Buyer's Agent in 2017

    Jerome Gordon

    F.C. Tucker Company

    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21472618

MIBOR Broker Listing Cooperative®

APN: 49-11-03-111-128.000-101

Indiana Marion County Indianapolis 46222

Haughville

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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.
Based on information submitted to the MLS GRID

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