701 East Southern Avenue

Indianapolis, IN 46203

$220,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Recently renovated duplex right on Garfield Park. Both units recently turned plus a new roof on the entire property. Lower unit has a renter at $1,130/mo and upper unit is vacant and ready to put a renter in place immediately. Great cashflow opportunity for the right investor! Link to 9 unit portfolio from same seller: https://rb.gy/bdpmnRecently renovated duplex right on Garfield Park. Both units recently turned plus a new roof on the entire property. Lower unit has a renter at $1,130/mo and upper unit is vacant and ready to put a renter in place immediately. Great cashflow opportunity for the right investor! Link to 9 unit portfolio from same seller: https://rb.gy/bdpmn
  1. Listed by Shelly Walters • F.C. Tucker Company • shelly@shellywalters.com
  2. Listed by Christopher Gould

Property Details for 701 East Southern Avenue

Subdivision Name
Yoke
Township
Center SW
Zoning
Legally non-conforming MF

Location

Listing Courtesy of F.C. Tucker Company

Sold By @properties

Add your commute
LISTING UPDATED: 05/22/2023 11:48 AM

Property Details for 701 East Southern Avenue

StatusClosed
MLS #21912683
Days on Market17
Taxes$1,800 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1890
Lot Size0.20 AC / 8,712 SF
CountyMarion County

Location

Listing Courtesy of F.C. Tucker Company

Sold By @properties

Add your commute

Building Information for 701 East Southern Avenue

Stories-Residences2Year Built1890Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,201

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 East Southern Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Postal Code: 46203
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491124152016000101
  • Semi Annual Property Tax Amt: 1800
  • Tax Year: 2022
  • TaxLot: 49-11-24-152-016.000-101
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 8843.0
  • Lot Size Acres: 0.2
  • New Construction: False
  • Year Built Numeric: 1890
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • Legal Subdivision: YOKE HRS PART IN 59.05FT ON SOUTHERN X 150FT BEGON E LINE STANLEY AVE PT BLK 3
  • Photos Count: 14
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Cash
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,130.00
Unit 1
  • Unit Kitchen: 12x12
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 12x12
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom

Property History for 701 East Southern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 701 East Southern Avenue

Taxable ValueLand$22,400Additions$109,200Total$131,600
Tax Record2022$4,502 ($375 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,872 SqFtAbove Grade Finished SqFt2,872 SqFtStories2Lot Size8,843 SqFtStyleSingle Family ResidenceYear Built1890Year Renovated1950CountyMARIONAPN49-11-24-152-016.000-101

Schools near 701 East Southern Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
William McKinley School 39
PublicPK to 6

Christian Park School 82
PublicPK to 6

Ralph Waldo Emerson School 58
PublicPK to 6

Eleanor Skillen Elementary School 34
PublicPK to 6

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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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 F.C. Tucker Company

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.