See Home Value
Indianapolis 46201 Near Eastside
850-852 North Dearborn Street
$95,663*
House - Off Market

850-852 North Dearborn Street

Indianapolis, IN 46201
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1176 Sqft
$80,000 - $90,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 18, 2020
$85,000
$63,750 by Security National Mortgage Co
Mortgage Due Dec 01, 2050
Sold Jul 06, 2016
Transfer

About This Property

Attention Investors - Cash Flow Generating Double! Remodeled duplex in the Little Flower neighborhood with two reliable long term tenants. Each side of duplex includes 5 rooms (LR, DR, kitchen, bath, & BR). Unit 1 rent. Full basement on each side includes washer/dryer hookups. Both sides rented to longterm tenants. Perfect for the first time buyer looking to have tenant pay for their house! Also, a great property for beginning investors looking for a solid property to begin!

The manager has listed the unit size as 1176 square feet.
Unit Size
1,176Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$72
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 18, 2020 Sold to Erica Kathleen Allen, Jonat... $79,700
Sold to Erica Kathleen Allen, Jonat...
Sep 10, 2020 Listed $85,000
Listed
Dec 10, 2019 No longer available -
No longer available
Jun 7, 2019 Listed $75,000
Listed
Fantastic duplex in an extremely rentable neighborhood. Perfect for the new buyer who wants the tenant on the other side paying for their house. Or the investor who is looking for a property needing little work and great income. Great, long term neighbors who keep an eye on the property for you. Come and check out the opportunity today for YOU!! The manager has listed the unit size as 1176 square feet.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Partial basement
  • Basement Area: 392
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,530
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EDSON T WOODS OAKLAND PARK ADD 3RD SEC V
  • Land Acres: 0.104
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: WOODS 3RD OAKLAND PK ADD L73

Ownership

  • Current Owner : ALLEN ERICA KATHLEEN
  • Current Owner 2: ALLEN JONATHAN RAY
  • Previous Owner : INDY VILLA LLC
  • Owner Before Previous Owner: KEEN PROPERTY GROUP LLC

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354900

Geography

  • Assessors Map Reference: 2338-C2
  • District: 0001
  • Section: 5015004
  • Parcel: 49-10-05-214-036.000-101
  • Lot: 73
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7789
  • Longitude: -86.1111

    Address

  • Full Address: 850 N Dearborn St
  • Address - House Number: 850
  • Street Direction: N
  • Address - Street Name: Dearborn
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2420
  • Zip Code: 46201

Valuation

    Tax

  • Total Area: 1,176
  • Tax Year: 2022
  • Tax Amount: $2,601
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2639
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 162,333
  • High Value: 205,180
  • Low Value: 119,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,750
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $63,750
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $108,400
  • Market Land Value: $6,200
  • Market Improvement Value: $102,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,400
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $102,200

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11811917196
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000135006
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jun 22, 2016
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $63,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,229 ft²
$81/ft²
$100,000 Jul 24, 2022
-
$100/mo
House
3 Beds
1 Bath
956 ft²
$105/ft²
$99,999 Mar 21, 2023
-
-
House
5 Beds
2 Baths
2,074 ft²
$41/ft²
$85,000 Feb 9, 2023
-
-
Land
Loft
-
-
$85,000 Feb 24, 2023
-
-
Land
Loft
-
-
$85,000 Feb 24, 2023
-
-
Land
Loft
-
-
$71,000 Dec 30, 2022
-
$8/mo
Multifamily
Stu
-
-
$99,999 Mar 24, 2023
-
-

About Near Eastside


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Frequently Asked Questions

When was property at 850 North Dearborn Street built and last sold?
The property at 850 North Dearborn Street was built in 1915 and last sold on Nov 9, 2020 for $85,000.
How much is this home worth?
The estimated value of the home located at 850 North Dearborn Street is $90,978.
What are some comparable homes to 850 North Dearborn Street?
There are currently no comparable homes to 850 North Dearborn Street.

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