Estimated Value: $189,000 - $246,000
2
Beds
--
Bath
728
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- Forced Air Heating System
- Ben Davis University High School Rated A
About This Home
As of February 2023Great low maintenance investment opportunity. Brick duplex located on the west side of Indianapolis near 10th Street and Interstate 465. 100% occupied with both sides rented at monthly rental rates of $769 and $799. The interior was updated and renovated approximately 5 years ago with luxury vinyl plank flooring throughout. Tenants pay rent along with electricity and gas. Please contact agent for showings and do not disturb the tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,284
Year Built
- Built in 1930 | Remodeled
Lot Details
- 0.29
Home Design
- Duplex
- Traditional Architecture
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- 1-Story Property
- 0.29 Acre Lot
Community Details
- Farleys Speedway Homeplace Subdivision
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for lawncare, sewer, insurance, taxes, trash collection, water
- Legal Lot and Block L43 / Farleys Speedway Home Place
- Assessor Parcel Number 490535120007000982
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2023
Closed on
Feb 22, 2023
Sold by
Brodnik Gregory and Brodnik Carrie
Bought by
Merida-Villatoro Randy
Seller's Agent
Matthew Stephenson
Stephenson Realty LLC
Buyer's Agent
Jesus Cuevas
Carpenter, REALTORS®
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Total Days on Market
1
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,740
Avg. Annual Appreciation
5.09%
Original Mortgage
$157,250
Outstanding Balance
$153,204
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$53,536
Purchase Details
Listed on
Jun 22, 2012
Closed on
Oct 12, 2012
Sold by
Dunnewind Lp
Bought by
Brodnik Carrie and Brodnik Gregory
Seller's Agent
Brenda Mingee
Carpenter, REALTORS®
Buyer's Agent
Darrell Powers
The Modglin Group
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$49,500
Interest Rate
3.53%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merida-Villatoro Randy | $185,000 | -- | |
| Brodnik Carrie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merida-Villatoro Randy | $157,250 | |
| Previous Owner | Brodnik Gregory | $65,800 | |
| Previous Owner | Brodnik Carrie | $49,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $185,000 | +5.7% | $254 / Sq Ft |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 01/25/2023 01/25/23 | For Sale | $175,000 | +165.2% | $240 / Sq Ft |
| 08/30/2012 08/30/12 | Sold | $66,000 | -12.0% | $91 / Sq Ft |
| 07/18/2012 07/18/12 | Pending | -- | -- | -- |
| 06/22/2012 06/22/12 | For Sale | $75,000 | -- | $103 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,006 | $174,400 | $15,400 | $159,000 |
| 2023 | $2,006 | $121,200 | $15,400 | $105,800 |
| 2022 | $2,917 | $121,200 | $15,400 | $105,800 |
| 2021 | $2,418 | $85,400 | $15,400 | $70,000 |
| 2020 | $2,130 | $74,800 | $15,400 | $59,400 |
| 2019 | $2,046 | $71,800 | $15,400 | $56,400 |
| 2018 | $1,606 | $63,400 | $15,400 | $48,000 |
| 2017 | $1,617 | $64,000 | $15,400 | $48,600 |
| 2016 | $1,484 | $58,400 | $15,400 | $43,000 |
| 2014 | $1,072 | $53,600 | $15,400 | $38,200 |
| 2013 | $1,112 | $55,000 | $15,400 | $39,600 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Stephenson
M
Seller's Agent in 2023
Matthew Stephenson
Stephenson Realty LLC
(317) 883-7737
1 in this area
16 Total Sales
-
J
Buyer's Agent in 2023
Jesus Cuevas
Carpenter, REALTORS®
(317) 985-2278
10 in this area
96 Total Sales
-
Seller's Agent in 2012
Brenda Mingee
Carpenter, REALTORS®
-
D
Buyer's Agent in 2012
Darrell Powers
The Modglin Group
(317) 650-2492
2 in this area
19 Total Sales
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21902822
APN: 49-05-35-120-007.000-982
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.
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.
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