See Home Value
$75,637*
House - Off Market

554 Eastern Avenue

Indianapolis, IN 46201
bedrooms
Studio
bathrooms
0 Bath
$50,000 - $60,000
Reference Base Price*
51.27%
Since Oct 1, 2018
National-US
Primary Model
Sold Jul 19, 2022
$138,800
$111,000 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2052
Sold Sep 29, 2020
Transfer

About This Property

Rignt in the middle of the near east side redevelopment this duplex offers a buyer the ability to either  own a nicer duplex and get great cash flow or convert it to a single family home for a homeowner to enjoy! Lot of space and tons of room! The last tenants appear to have forgotten to take the rest of their treasures with them so new owner needs to remove the treasures to see the beauty of the stained woodwork, the large rooms and the built-ins!
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
May 30, 2019 Sold to Jonathon Warner $149,100
Sold to Jonathon Warner
Sep 27, 2018 No longer available -
No longer available
Sep 4, 2018 Listed $50,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 486
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,657
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,520
  • Gross Building Area: 1,520
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOLTMAN & TOPPS SUB HANNA HEIRS
  • Land Acres: 0.061
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: HOLTMAN & TOPPS SUB HANNA HEIRS EAST ADD PT L44 BEG NE COR P.O.B. W80 S33.33 E80 N33.33 TO BEG

Ownership

  • Current Owner : QURAISHI MOHAMMED YASSER
  • Previous Owner : JONATHAN WARNER
  • Owner Before Previous Owner: 554 EASTERN AVE TRUST

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354800

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2338-B2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-153-040.000-101
  • Lot: 44
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.776
  • Longitude: -86.1181

    Address

  • Full Address: 554 Eastern Ave
  • Address - House Number: 554
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 2112
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,520
  • Tax Year: 2022
  • Tax Amount: $4,298
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2639
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 233,921
  • High Value: 295,664
  • Low Value: 172,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 19, 2022
  • First Open Lien Mortgage Loan Amount: $111,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $209,200
  • Market Land Value: $16,200
  • Market Improvement Value: $193,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,200
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $193,000

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Transaction ID: 11892638411
  • Current Sale Price: $138,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 80598
  • Previous Sale Recording Date: Sep 29, 2020
  • Previous Sale Contract Date: Sep 23, 2020
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 19, 2022
  • First Mortgage Loan Amount: $111,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
1 Bath
-
$37,000 Apr 3, 1999
$37,000 Dec 27, 1999
-
Land
Loft
-
-
$45,000 Oct 25, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 554 Eastern Avenue built and last sold?
The property at 554 Eastern Avenue was built in 1910 and last sold on Jul 12, 2022 for $138,800.
How much is this home worth?
The estimated value of the home located at 554 Eastern Avenue is $50,500.
What are some comparable homes to 554 Eastern Avenue?
There are currently no comparable homes to 554 Eastern Avenue.

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