606 E 11th St Indianapolis, IN 46202

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2 beds · 2 baths · 1,760 sq ft · Lot Size: 727 sq ft · Single Family Home · Mass Ave
Est. Property Value: $358,397

Owned for 10 - 15 YearsOwner Age 35 - 45

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606 E 11th St is in the Mass Ave neighborhood of Indianapolis, IN. It is located in Marion County and ZIP code 46202. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 1760 sq ft with 2 bedrooms and 2 bathrooms and sits on a 727 sq ft lot. According to public records, it was last sold in 2011 for $159,900 and has a tax-assessed value of $325,800, which is $204 per sq ft. The Mass Ave area of Indianapolis has 107 residential homes with an average size of 1440 sq ft. Analyze and compare real estate investment strategies for properties like this home at 606 E 11th St Indianapolis, IN 46202 with Property Intel by Whitepages.

Owners & Occupancy for 606 E 11th St

This property is owned by Hai Viet Nguyen. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

OccupationFounder and President, For The Youth
Cell Phone(317) ***-****View Cell Phone
Residence***********
Landline(317) 858-5079
Distance from Property**********
Email Address**********@gmail.comView Email
View All Owner Info

Occupancy

Resident 1**************** age 31

Property Financials for 606 E 11th St

606 E 11th St, Indianapolis, IN has a mortgage from First Merchants Bk Na (orig. May 18, 2011). The Marion county assessment for 2024 values it at $325,800, with annual taxes of $3,815.

Mortgage & Equity Information

Loan Amount$******
LenderFirst Merchants Bk Na
Origination DateMay 18, 2011
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMay 18, 2011
Property Tax Amount$3,815 in 2023
Purchase Price$159,900
Assessed Value$325,800 on 2024

Investment Potential for 606 E 11th St

The property has a current estimated value of $358,397, which is 7% above the neighborhood median, based on public records. It last sold on May 18, 2011 for $160K. Projected long-term
is $39,000 annually ($3,250 per month) with a 84% occupancy rate.

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Long-Term

Gross Rental
$39,000 per year($3,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
84%in 46202 zip code
 
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Property Details for 606 E 11th St

Property Details

Property Sq Ft

Living Area

1,760 sq ft

22% above market

Lot Size

727 sq ft

65% below market

Price Per Sq Ft

Living Area

$204 / sq ft

8% below market

Lot Size Area

$493 / sq ft

184% above market

Property condition, age, exterior, etc. for 606 E 11th…
Longitude: -86.147387 Latitude: 39.781954 Parcel Number (APN): 49-06-36-167-003.003-101…

Recommended Properties in Mass Ave

Discover more single family homes near 606 E 11th St in Indianapolis, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 606 E 11th St in Marion County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$358,397
$135,098
$223,300 (165%)
$******
$216,418
$379,421 (175%)
YoY Price Change
****%
5.26%
83%
Year Built
2006
1947
59 years
Living Space
1,760 sq ft
1,104 sq ft
656 (59%)
$ Per Living Sq Ft
$204
$120
$84 (70%)
Lot Size
727 sq ft
8,260 sq ft
-7533 (-91%)
$ Per Lot Sq Ft
$493
$14
$479 (3418%)

Net Operating Income
$*****
$13,906
$13,441 (97%)
Annual Revenue
$39,000
$18,600
$20,400 (110%)
$*****
$4,331
$7,322 (169%)
Net Operating Income
$*****
$13,906
$13,441 (97%)
Cap Rate
****%
10.27%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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