See Home Value
$93,358*
House - Off Market

1365 N Olney St

Indianapolis, IN 46201
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2240 Sqft
$80,000 - $90,000
Reference Base Price*
6.09%
Since Jan 1, 2023
National-US
Primary Model
Sold Dec 13, 2023
$182,894
$137,515 by Groundfloor Credit 1 Llc
Mortgage Due Dec 05, 2024

About This Property

Investor Special!!! This beautiful property is located in a quiet neighborhood. These 3 beds 2 bath home is being sold as-is. This home offers a ton of potential. This property is currently rented on a month to month ($850) below market value, that can be $1200/month. There is a foundation issue in this property.  Do not miss out on this great opportunity. Information Is Believed to Be Accurate but Not Guaranteed.

The manager has listed the unit size as 2240 square feet.
Unit Size
2,240Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$39
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold $182,894
Sold
Dec 20, 2022 No longer available -
No longer available
Dec 13, 2022 Relisted $88,000
Relisted
Nov 29, 2022 No longer available -
No longer available
Nov 22, 2022 Listed $88,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 1,120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JOHN W TROTTER TRS BROOKSIDE PARK ADD
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TROTTERS TR S BROOKSIDE PARK ADD L10

Ownership

  • Current Owner : HOOSIER EASY CONSTRUCTION MF LLC
  • Previous Owner : CASH JEFFERY L
  • Previous Owner 2: CASH SONDRA E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 352600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-C1
  • Subdivision Tract Number: S
  • Parcel: 49-07-32-204-007.000-101
  • Lot: 10
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7864
  • Longitude: -86.1068

    Address

  • Full Address: 1365 N Olney St
  • Address - House Number: 1365
  • Street Direction: N
  • Address - Street Name: Olney
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 1453
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 2,240
  • Tax Year: 2022
  • Tax Amount: $2,209
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 92,094
  • High Value: 107,244
  • Low Value: 76,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,515
  • First Open Lien Mortgage Lender: GROUNDFLOOR CREDIT 1 LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2023
  • First Open Lien Mortgage Loan Amount: $137,515
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 05, 2024

    Market Valuation

  • Market Total Value: $97,200
  • Market Land Value: $6,400
  • Market Improvement Value: $90,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,200
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $90,800

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Transaction ID: 11918123904
  • Current Sale Price: $182,894
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 102636

    Last Sale Mortgage

  • First Mortgage Lender: GROUNDFLOOR CREDIT 1 LLC
  • First Mortgage Transaction Date: Dec 13, 2023
  • First Mortgage Loan Amount: $137,515
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 05, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,092 ft²
$69/ft²
$75,000 Apr 5, 2024
-
$207/mo
House
2 Beds
1 Bath
792 ft²
$107/ft²
$85,000 Apr 19, 2024
-
-
House
2 Beds
1 Bath
952 ft²
$110/ft²
$105,000 Apr 18, 2024
-
-

About Near Eastside


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Nearby Rentals

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Frequently Asked Questions

When was property at 1365 North Olney Street built and last sold?
The property at 1365 North Olney Street was built in 1900 and last sold on Dec 6, 2023 for $182,894.
How much is this home worth?
The estimated value of the home located at 1365 North Olney Street is $101,147.
What are some comparable homes to 1365 North Olney Street?
There are currently no comparable homes to 1365 North Olney Street.

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