$825,000 Price Analysis    ♡   Indianapolis, IN 46202 Unknown bed None bath 5,171 SqFt ($159/SqFt) 6,098SqFt lot. Built 1900 Listed 2024-06-19, Taxes $7,319 | Ⓧ USDA Ineligible due to price & location near Indianapolis |
Attention savvy investors
This is the one you have been waiting for! With tasteful updates, unparalleled location and all the historic charm the old-northside has to offer. meet 1451 N Delaware. This is an incredibly unique property with so much potentil! Currently, all 4 units bring in around $4, 350/month. This is due to rents not being raised in a long while to accommodate long-term tenants. According to calculations on rentometer.com, units these sizes in this location will bring in closer to $7000/month not guaranteed . That's not even mentioning the unique bonus-rooms in two of the units that can easily be converted into other bedrooms!
This gorgeous property is being sold with 15 other properties in a once-in-a-lifetime package deal! The other blc numbers are: 21981814, 21981810, 21981802, 21981820, 21981817, 2198180 9, 21981807, 21981816, 21981806, 21981800, 21981811, 21981796, 21981813, 21981818, 21984186, 21981803. The portfolio has been valued at over 3.5 million. However, the seller is willing to accept $3, 000, 000 for the whole portfolio!
Presented by Dustin Branum at
AMR Real Estate LLC.
Property MLS #21981802 from MIBOR
Road Access: Frontage Road
Lot Size Square Feet: 6098
Parking Features: Detached
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Size: 1, Pet Deposit Fee: 2
Unit Type: Manager's Unit, 2 Bedroom, 1 Bedroom, 1 Bedroom
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 8
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 2771
Unit-2 Square Feet: 750
Unit-3 Square Feet: 900
Unit-4 Square Feet: 750
Unit 1 Total Actual Rent: 1323.55
Unit 2 Total Actual Rent: 1170
Unit 3 Total Actual Rent: 960
Unit 4 Total Actual Rent: 900
Map directions Map directions Map directions Map directionsCounty: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4912 - Marion - Center Ne
Source Neighborhood: 4912 - Marion - Center Ne
Parcel Number: 490636146021000101
Postal Code Plus 4: 4404
Township: Center
Property Subtype: Fourplex
Lot Number: 1003029
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $227,700 + $48,500 $276,200 | $7,319 |
| 2021 | $227,700 + $48,500 $276,200 | $6,522 |
| 2020 | $227,700 + $48,500 $276,200 | $6,543 |
| 2019 | $217,700 + $48,500 $266,200 | $5,039 |
| 2018 | $218,200 + $48,500 $266,700 | $5,109 |
| 2017 | $210,200 + $48,500 $258,700 | $4,397 |
| 2016 | $198,100 + $48,500 $246,600 | $4,050 |
| 2015 | $198,500 + $48,500 $247,000 | $4,222 |
| 2014 | $197,700 + $48,500 $246,200 | $4,115 |
| 2013 | $197,700 + $48,500 $246,200 | $3,990 |
| 2012 | $197,900 + $70,600 $268,500 | $5,568 |
| 2011 | $183,300 + $20,100 $203,400 | $2,149 |
| 2010 | $183,300 + $20,100 $203,400 | $2,190 |
| 2008 | $183,300 + $20,100 $203,400 | $2,270 |
| 2008 | $183,300 + $20,100 $203,400 | $2,270 |
| 2006 | $183,300 + $20,100 $203,400 | $3,416 |
$825,000
MIBOR
Listing removed 2019-11-06
$400,000
MIBOR
Sold 2019-09-12
$400,000
Public Record
Listing removed 2018-01-27
$499,900
MIBOR
Price Changed for rent 2017-11-08
$499,900
MIBOR
Price Changed for rent 2017-09-25
$515,000
MIBOR
Price Changed for rent 2017-07-10
$525,000
MIBOR
Price Changed for rent 2017-05-22
$550,000
MIBOR
Price Changed for rent 2017-04-22
$575,000
MIBOR
Listed for rent 2017-02-06
$599,000
MIBOR
Listing removed 2016-07-25
$650,000
MIBOR
Listed 2015-09-01
$650,000
MIBOR
Levels: Two
Property Age: 124
Property Condition: Updated/Remodeled
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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.