$229,000 Price Analysis    ♡   Indianapolis, IN 46201 Unknown bed None bath 2,484 SqFt ($92/SqFt) 6,098SqFt lot. Built 1922 Listed 2024-05-01, Taxes $3,735 | Ⓧ USDA Ineligible due to location near Indianapolis |
Investment opportunity in this 2-unit multifamily home in Emerson Heights.
* Sale Pending *Explore this home via an interactive 3D home tour, complete with floor plans, video and more. Each unit includes 3 bedrooms and 1 full bathroom on the upper level. The main level features a tremendous room, formal dining room and kitchen. Both sides have basement storage. Hardwood flooring and custom built-in cabinetry accent the historic rchitecture. Contemporary roof and some new mechanicals.
Before closing, a new air central conditioner will be installed for the 517 unit. A 2-car garage with alley access for additional storage. Fully-fenced backyard. Several recent renovations have been completed to the 517 unit. The 519 unit has not been renovated. Both units have separate meters and the tenants pay their own bills. Do not disturb the tenant in the 519 unit. Write any Purchase Agreement subject to seeing the 519 unit. Once accepted, an appointment will be scheduled to view it.
Presented by David Brenton at
DAVID BRENTON'S TEAM.
Property MLS #21976588 from MIBOR
Heating Features: Forced Air, Gas
Road Access: Street Cuts
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Deposit Fee: 1
Unit Type: 3 Bedroom, 3 Bedroom
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1242
Unit-2 Square Feet: 1242
Map directions Map directions Map directionsSource Listing Status: Pending
County: Marion
Directions: From Michigan Street between Emerson Avenue and Sherman Drive, turn north on Riley Avenue. Home is on the right.
Tax Year: 2023
Source Property Type: Residential Income
Area: 4912 - Marion - Center Ne
Source Neighborhood: Emerson Heights
Parcel Number: 491004133006000101
Postal Code Plus 4: 2919
Subdivision: Emerson Heights
Township: Center
Property Subtype: Duplex
Lot Number: 28
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $100,600 + $25,100 $125,700 | $3,735 |
| 2021 | $100,600 + $25,100 $125,700 | $3,038 |
| 2020 | $99,500 + $9,200 $108,700 | $2,653 |
| 2019 | $87,200 + $9,200 $96,400 | $2,409 |
| 2018 | $76,900 + $9,200 $86,100 | $2,181 |
| 2017 | $69,600 + $9,200 $78,800 | $1,800 |
| 2016 | $64,000 + $9,200 $73,200 | $1,645 |
| 2015 | $60,700 + $9,200 $69,900 | $1,544 |
| 2014 | $68,700 + $9,200 $77,900 | $1,688 |
| 2013 | $81,800 + $9,200 $91,000 | $1,897 |
| 2012 | $80,800 + $9,700 $90,500 | $2,041 |
| 2011 | $60,000 + $15,000 $75,000 | $1,589 |
| 2010 | $60,000 + $15,000 $75,000 | $1,623 |
| 2008 | $65,000 + $15,000 $80,000 | $2,262 |
| 2008 | $60,000 + $15,000 $75,000 | $2,262 |
| 2006 | $65,000 + $15,000 $80,000 | $2,146 |
$229,000
MIBOR
Construction Materials: Aluminum Siding, Brick
Direction Faces: West
Foundation Details: Block
Levels: Two
Property Age: 102
Architectural Style: TraditonalAmerican
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.