2522 East 16th Street

Indianapolis, IN 46218

$100,500
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Wow, check out this income producing home and then take a look at some of the revitalized neighborhood comps! The home sits on top of a hill looking over beautiful homes and with off street parking. This is an affordable investment property in an area where there has been a ton of recent investment, leaving a lot of room for someone to generate some sweat equity. As the seller, we can offer land contract with 20% down for qualified buyers. Possible package with MLS #21967939Wow, check out this income producing home and then take a look at some of the revitalized neighborhood comps! The home sits on top of a hill looking over beautiful homes and with off street parking. This is an affordable investment property in an area where there has been a ton of recent investment, leaving a lot of room for someone to generate some sweat equity. As the seller, we can offer land contract with 20% down for qualified buyers. Possible package with MLS #21967939
  1. Listed by Scott Wynkoop • Wynkoop Brokerage Firm, LLC • Scott@IndianaREO.com

Property Details for 2522 East 16th Street

Subdivision Name
No Subdivision
Township
Center

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute
LISTING UPDATED: 04/24/2024 04:24 PM

Property Details for 2522 East 16th Street

StatusActive
MLS #21967946
Days on Market48
Taxes$963 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1922
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute

Building Information for 2522 East 16th Street

Stories-Residences2Year Built1922Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$709 per month

30 year fixed, 7.25% Interest

Principal and Interest

$548

Property Taxes

$161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2522 East 16th Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 1277
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490732208008000101
  • Semi Annual Property Tax Amt: 963
  • Tax Year: 2022
  • TaxLot: 1013010
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Size Square Feet: 4487.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Year Built Numeric: 1922
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: Kinnears Park Hgts L6
  • Photos Count: 12
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 180
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 2522 East 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2522 East 16th Street

Taxable ValueLand$5,300Additions$94,000Total$99,300
Tax Record2022$2,344 ($195 / month)
Home Facts
Beds4Total Finished SqFt624 SqFtAbove Grade Finished SqFt624 SqFtStories1Lot Size4,487 SqFtStyleCondominiumYear Built1922ZoningZO01CountyMARIONAPN49-07-32-208-008.000-101

Schools near 2522 East 16th Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Brookside School 54
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2522 East 16th Street is a multi-family home for sale in Indianapolis, IN 46218. This property was listed for sale on March 11, 2024 by Wynkoop Brokerage Firm, LLC, it's currently listed at $100,500. It has been on the market for a total of 48 days and was last sold on October 20, 2004. This listing's school district is Indianapolis Public Schools. Nearby schools include Brookside School 54, Arlington Community Middle School and George Washington Community High School (9-12). 2522 East 16th Street is a 0-bed, 0-bath, multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wynkoop Brokerage Firm, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.