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$610,000   Price Analysis
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121 Herman St
Indianapolis, IN 46202
Unknown bed None bath 2,968 SqFt ($205/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-06-07, Taxes $6,313
Ⓧ USDA Ineligible
due to location

near Indianapolis

Discover this beautifully renovated gem with carriage house apartment that is currently generating an average of nearly $8

000/month in revenue on AirBnB. This historic home features 3 bedrooms, 1.5 baths and an office which could be used as a 4th bedroom. Kitchen and baths have been metculous ly updated. Cambria quartz in the full bath for that luxurious look. Basement has been professionally water-proofed with transferable lifetime warranty.

Fenced-in backyard features a hot tub and tasteful landscaping. Alongside, a delightful 2-car carriage house apartment awaits, also lovingly restored with Cambria quartz on the countertops. It too has its own fenced-in backyard. Whether you're seeking a savvy investment or a charming home with income potential, this Holy Cross treasure awaits your vision.


Presented by Christopher Chaulk at
@properties.


Property MLS #21983745 from MIBOR

Cooling Features: Central Electric

Road Access: Not Applic

Lot Size Acres: 0.2
Lot Size Square Feet: 8712

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Deposit Fee: 1.5

Gross Income: 94500

Number of Units: 2
Unit Type: Studio
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1.5
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 2
Unit-1 Square Feet: 2068
Unit-2 Square Feet: 900
Unit 1 Total Actual Rent: 5423
Unit 2 Total Actual Rent: 2452

High School District: Indianapolis Public Schools

Washington Irving School 14 is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Urban ACT Academy is a public elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Holy Cross Central School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Arsenal Technical High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4912 - Marion - Center Ne
Source Neighborhood: Nobles Hrs Sub
Parcel Number: 491101172001000101
Postal Code Plus 4: 3818
Subdivision: Nobles Hrs Sub
Township: Center
Property Subtype: Duplex
Lot Number: 491101172001000101
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$153,100 + $71,600
$224,700
$6,313
2021$153,100 + $71,600
$224,700
$3,190
2020$170,000 + $41,800
$211,800
$5,366
2019$167,100 + $41,800
$208,900
$5,389
2018$155,900 + $41,800
$197,700
$5,180
2017$144,600 + $41,800
$186,400
$4,357
2016$145,500 + $41,800
$187,300
$4,246
2015$151,600 + $41,800
$193,400
$4,661
2014$146,800 + $41,800
$188,600
$4,443
2013$146,800 + $27,900
$174,700
$4,057
2012$144,600 + $27,900
$172,500
$2,911
2011$134,100 + $18,400
$152,500
$2,482
2010$134,100 + $18,400
$152,500
$2,349
2008$146,800 + $18,400
$165,200
$2,370
2008$134,100 + $18,400
$152,500
$2,370
2006$41,900 + $4,300
$46,200
$300

Listed 2024-06-07
$610,000
MIBOR
Price Changed 2024-05-07
$610,000
MIBOR
Listed 2024-05-02
$650,000
MIBOR
Sold 2021-09-28
$558,125
Public Record
Listing removed 2021-07-30
$475,000
MIBOR
Listed 2021-07-12
$475,000
MIBOR
Listing removed 2021-07-09
$0
MIBOR
Price Changed 2021-05-12
$475,000
MIBOR
Listed 2021-04-22
$489,500
MIBOR
Listing removed 2021-01-14
$0
MIBOR
Relisted 2020-11-23
$359,000
MIBOR
Listing removed 2020-09-25
$0
MIBOR
Listed 2020-08-25
$350,000
MIBOR
Sold 2006-10-19
$158,270
Public Record
Sold 2002-10-25
$180,015
Public Record

Year Built: 1900
Direction Faces: West
Levels: One and One Half
Property Age: 124
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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.