NOT LISTED FOR SALE

Indianapolis, IN 46205

Mapleton-Fall Creek Neighborhood

Estimated Value: $325,000 - $349,000

4 Beds
-- Bath
1,545 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $253,000 $164 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,984/month

158 Days on Market

About This Home

As of April 2021

AWESOME INVESTMENT OPPORTUNITY to live in one side of this renovated duplex and have the occupied side pay the mortgage payment! 2930 is Rented at $995/mo and 2932 is vacant and recently renovated with a large, open living room and three spacious bedrooms upstairs. This area is undergoing revitalization and many homes on this block have been renovated, the possibilities are endless as a duplex investment or an eventual conversion to SFR and resale.

Last Agent to Sell the Property

Andrea Regan

Urban Realty Group, LLC License #RB14036814 Listed on: 09/13/2020

Last Buyer's Agent

Alex Hallmann

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1910

Lot Details

  • 5,358

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • Back Yard Fenced

Community Details

  • Flemings North Park Subdivision

Listing and Financial Details

  • Tenant pays for lawncare all utilities
  • The owner pays for insurance
  • Assessor Parcel Number 490625142016000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1910
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: FLEMINGS NORTH PARK
  • Inspection Warranties: Not Applicable
  • Property Description: AWESOME INVESTMENT OPPORTUNITY to live in one side of this renovated duplex and have the occupied side pay the mortgage payment! 2930 is Rented at $995/mo and 2932 is vacant and recently renovated with a large, open living room and three spacious bedrooms upstairs. This area is undergoing revitalization and many homes on this block have been renovated, the possibilities are endless as a duplex investment or an eventual conversion to SFR and resale.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1545
  • Laundry: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,2 Car Space

Utilities

  • Solid Waste: 1
  • HVAC: No AC

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490625142016000101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 23
  • Lot Size: 41X131

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Lawncare,All Utilities

Tax Info

  • Tax Annual Amount: 3228
  • Semi Annual Property Tax Amt: 1614
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Mar 31, 2021
Sold by
Walloon Group Exchange Llc
Bought by
Gamboa Matthew John and Salazar Leslie Michelle
Seller's Agent
Andrea Regan
Urban Realty Group, LLC
Buyer's Agent
Alex Hallmann
F.C. Tucker Company
List Price
$290,000
Sold Price
$253,000
Premium/Discount to List
-$37,000
-12.76%
Current Estimated Value
$336,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,903
Avg. Annual Appreciation
6.45%
Original Mortgage
$248,417
Outstanding Balance
$223,929
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$112,974

Purchase Details

Closed on
Aug 18, 2010
Sold by
Mapleton Fall Creek Development Corporat
Bought by
Walloon Group Exchange Llc

Purchase Details

Closed on
Feb 12, 2008
Sold by
Rice Wilkerson Diana L
Bought by
Wilkerson Marvin C and Rice Wilkerson Diana L
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
Gamboa Matthew John $253,000 None Available
Walloon Group Exchange Llc -- None Available
Mapleton Fall Creek Development Corporat -- None Available
Wilkerson Marvin C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamboa Matthew John $248,417
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $253,000 -12.8% $164 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
09/13/2020 09/13/20 For Sale $290,000 -- $188 / 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 $2,651 $215,700 $30,600 $185,100
2023 $2,651 $215,700 $30,600 $185,100
2022 $2,591 $210,100 $30,600 $179,500
2021 $2,025 $167,400 $20,500 $146,900
2020 $3,280 $136,700 $20,500 $116,200
2019 $3,340 $136,700 $20,500 $116,200
2018 $2,455 $98,400 $3,900 $94,500
2017 $1,994 $88,800 $3,900 $84,900
2016 $1,952 $88,800 $3,900 $84,900
2014 $1,903 $88,000 $3,900 $84,100
2013 $1,932 $86,800 $3,900 $82,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrea Regan

    Urban Realty Group, LLC

    (314) 514-5404

    2 in this area

    219 Total Sales

    Andrea Regan
    Section Image

  • A

    Buyer's Agent in 2021

    Alex Hallmann

    F.C. Tucker Company

    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21738416

MIBOR Broker Listing Cooperative®

APN: 49-06-25-142-016.000-101

Indiana Marion County Indianapolis 46205

Mapleton-Fall Creek

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