NOT LISTED FOR SALE

Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $487,431

Studio
-- Bath
-- Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: November 15, 2016

Last sale price $280,000

Est. 74% increase in value since last sale

Current estimated payment $3,217 / mo

19 Days on Market

About This Home

As of November 2016

WELL MAINTAINED, ALL BRICK FOURPLEX IN PRIME LOCATION! SPACIOUS APARTMENTS OFFERING OVER 900 SQ FT, 2 BEDROOM, ONE BATH. OPEN FEEL WITH GREAT ROOM, KITCHEN, & BREAKFAST BAR PLUS DINING AREA. MAIN FLOOR APARTMENTS OPEN TO PRIVATE PATIO & UPPER LEVEL APARTMENTS HAVE EASY ACCESS TO LARGE DECK & BACKSTAIRS TO GROUND LEVEL. ALL UNITS HAVE A WASHER & DRYER. PRIVATE LOCATION ON A DEAD END STREET, LARGE PRIVATE REAR YARD, CONVENIENT LOCATION TO BIKE TRAILS, BUS LINE, & SHOPPING!

Last Agent to Sell the Property

Michael Searight

F.C. Tucker Company License #RB14014707 Listed on: 09/03/2016

F.C. Tucker Company

Last Buyer's Agent

Garrett Lickliter

Lickliter Realty Services LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1960

Lot Details

  • 12,772 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property

Community Details

  • Northborough Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, water
  • The owner pays for inshazard, insurance, lawncare, taxes
  • Assessor Parcel Number 490706114047000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,182

Year Built

Built in 1960

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1960
  • Lot Size Acres: 0.2932
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Quadruplex
  • Subdivision Name: NORTHBOROUGH
  • Inspection Warranties: Not Applicable
  • Property Description: WELL MAINTAINED, ALL BRICK FOURPLEX IN PRIME LOCATION! SPACIOUS APARTMENTS OFFERING OVER 900 SQ FT, 2 BEDROOM, ONE BATH. OPEN FEEL WITH GREAT ROOM, KITCHEN, & BREAKFAST BAR PLUS DINING AREA. MAIN FLOOR APARTMENTS OPEN TO PRIVATE PATIO & UPPER LEVEL APARTMENTS HAVE EASY ACCESS TO LARGE DECK & BACKSTAIRS TO GROUND LEVEL. ALL UNITS HAVE A WASHER & DRYER. PRIVATE LOCATION ON A DEAD END STREET, LARGE PRIVATE REAR YARD, CONVENIENT LOCATION TO BIKE TRAILS, BUS LINE, & SHOPPING!
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Insurance, Lawncare, Taxes
  • Possible Use: Apt<20, CommSglTen
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnSome

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial, Fence Privacy
  • Foundation Details: Slab
  • Road Access: CityStreet
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 490706114047000801
  • Acres: 1/2-1 Acre
  • Lot Information: Access Street,Busline,Tree Mature
  • Lot Number: 64
  • Lot Size: 96x133

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Water

Tax Info

  • Tax Annual Amount: 4182
  • Semi Annual Property Tax Amt: 2091
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2016
Closed on
Nov 15, 2016
Sold by
Ibus Development Ii Llc
Bought by
Mckenney Kevin S and Jacoby Gregory E
Seller's Agent
Michael Searight
F.C. Tucker Company
Buyer's Agent
Garrett Lickliter
Lickliter Realty Services LLC
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Current Estimated Value
$487,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,431
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Oct 26, 2010
Sold by
Borneman William L and Borneman Ethel L
Bought by
Ibus Development Ii L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckenney Kevin S -- None Available
Ibus Development Ii L L C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $280,000 -5.1% --
09/23/2016 09/23/16 Pending -- -- --
09/03/2016 09/03/16 For Sale $295,000 -- --
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
2025 $7,589 $317,900 $50,600 $267,300
2024 $5,536 $319,800 $50,600 $269,200
2023 $5,536 $222,500 $50,600 $171,900
2022 $4,977 $183,600 $50,600 $133,000
2021 $4,502 $189,100 $46,000 $143,100
2020 $4,513 $189,100 $46,000 $143,100
2019 $4,988 $205,800 $46,000 $159,800
2018 $5,028 $205,800 $46,000 $159,800
2017 $4,383 $200,800 $46,000 $154,800
2016 $4,061 $189,900 $46,000 $143,900
2014 $3,708 $171,500 $46,000 $125,500
2013 $3,566 $171,500 $46,000 $125,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Searight

    F.C. Tucker Company

    (317) 294-6612

    1 in this area

    57 Total Sales

    Michael Searight
    Section Image

  • G

    Buyer's Agent in 2016

    Garrett Lickliter

    Lickliter Realty Services LLC

    Section Image
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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21440240

MIBOR Broker Listing Cooperative®

APN: 49-07-06-114-047.000-801

Indiana Marion County Indianapolis 46220

Broad Ripple

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MIBOR Broker Listing Cooperative® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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