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$125,000   Price Analysis
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1618 N Linwood Ave
Indianapolis, IN 46218
2 bed 1 bath 1,440 SqFt ($86/SqFt)
5,227SqFt lot. Built 1950
Listed 2024-06-19, Taxes $554
Ⓧ USDA Ineligible
due to location

near Indianapolis

Great investment opportunity!

This well-kept 2br/1bath Little Flower cutie brings in $1000/month in rent and a long-term tenant moved out, giving an opportunity to adjust rent closer to the area average of aroun $1100/mo (rentometer.com). This property is being sold with a larger portfolo with the blc numbers: 21981814, 21981810, 21981802, 21981820, 21981817, 21981809, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803 The portfolio is valued at over 3.5 million.

The seller is willing to accept an offer of $3, 000, 000 for the whole portfolio. No sign in yard.


Presented by Dustin Branum at
AMR Real Estate LLC.


Property MLS #21981820 from MIBOR

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 12 x 12
Bedroom 2 Dimensions: 10 x 10
Primary Bedroom Level: Main
Bedroom 2 Level: Main

Total Rooms: 4
Living Room Dimensions: 21 x 11
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Hardwood Floors
Eat-in Kitchen

MicroHood
Electric Oven
Refrigerator

Cooling Features: Window Unit(s)
Heating Features: Forced Air

Dining Area Description: Dining Combo/Family Room
Kitchen Dimensions: 7.5 x 5
Kitchen Level: Main

Patio And Porch Features: Covered Porch

Lot Size Acres: 0.12
Lot Size Square Feet: 5227

Garage Spaces: 2
Parking Features: Detached
Garage Sqft: 440

Association: No
Calculated Total Monthly Association Fees: 0

High School District: Indianapolis Public Schools

Brookside School 54 is a public elementary school located approximately 1.1 miles away.
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Arlington Community Middle School is a public middle school located approximately 4.1 miles away.
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St. Therese Little Flower School is a private elementary and middle school located approximately 0.3 miles away.
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Marion Academy is a public middle and high school located approximately 0.7 miles away.
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Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4913 - Marion - Center Se
Source Neighborhood: 4913 - Marion - Center Se
Parcel Number: 490733105208000101
Postal Code Plus 4: 4566
Township: Center
Property Subtype: Single Family Residence
Lot Number: 1046347
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47,400 + $7,100
$54,500
$554
2021$47,400 + $7,100
$54,500
$496
2020$47,300 + $2,700
$50,000
$458
2019$42,400 + $2,700
$45,100
$425
2018$37,300 + $2,700
$40,000
$393
2017$33,800 + $2,700
$36,500
$329
2016$33,800 + $2,700
$36,500
$314
2015$35,100 + $2,700
$37,800
$286
2014$41,800 + $2,700
$44,500
$325
2013$41,800 + $2,700
$44,500
$327
2012$44,100 + $2,700
$46,800
$391
2011$37,600 + $9,500
$47,100
$367
2010$37,600 + $9,500
$47,100
$329
2008$41,500 + $9,500
$51,000
$368
2008$37,600 + $9,500
$47,100
$368
2006$44,700 + $9,500
$54,200
$454

Listed 2024-06-19
$125,000
MIBOR
Listing removed 2023-06-14
$0
TurboTenant
Price Changed for rent 2023-06-09
$999
TurboTenant
Listed for rent 2023-06-08
$1,050
TurboTenant
Listing removed 2023-05-03
$0
Zumper
Sold 2023-04-10
$157,250
Public Record
Listed for rent 2023-04-06
$1,050
Zumper
Sold 2023-03-22
$87,500
Public Record

Total Square Feet Living: 720
Year Built: 1950
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: One
Property Age: 74
Total Area Main: 720
Architectural Style: TraditonalAmerican

Water Source: Municipal/City
Click Thumbnail Images To View Full Size
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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.