NOT LISTED FOR SALE

100 Indian Springs Greencastle, IN 46135

-- Bed
-- Bath
-- Sq Ft
1.79 Acres

Last Sold February 28, 2017

Last sale price $250,000

114 Days on Market

About This Home

As of February 2017

Investor opportunity to own 15 rental units on the north side of Greencastle just steps from a school and across the street from People Pathways walking/biking trails. Property is bank-owned and sold as-is. Property is mostly boarded up with no current income. Property is a fixer-upper and condition and history is unknown. Rental potential is estimated at $108,000 annually when fully occupied with expenses estimated at $27,000 annually. Size/condition of rooms and equipment condition unknown.

Last Agent to Sell the Property

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 10/11/2016

Co-Listed By

Jennifer McCune

Prime Real Estate ERA Powered License #RB16000472

Last Buyer's Agent

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 10/11/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 1.79

Home Design

  • 2-Story Property

Additional Features

  • Crawl Space
  • 1.79 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 670916104036000008

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1970
  • Co List Office Phone: 765-653-8702
  • Lot Size Acres: 1.79
  • Road Surface Type: Asphalt
  • Structure Type: Townhouse, FreeStand
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investor opportunity to own 15 rental units on the north side of Greencastle just steps from a school and across the street from People Pathways walking/biking trails. Property is bank-owned and sold as-is. Property is mostly boarded up with no current income. Property is a fixer-upper and condition and history is unknown. Rental potential is estimated at $108,000 annually when fully occupied with expenses estimated at $27,000 annually. Size/condition of rooms and equipment condition unknown.
  • Transaction Type: Sale
  • Website: www.ericwolferealestate.com
  • Unit Count: 8
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One, Two
  • Owner Pays: Other
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 111126
  • Laundry: ConnSome

Exterior Features

  • Construction Materials: Wood, Wood With Stone
  • Foundation Details: Crawl Space
  • List Price: 339000
  • Road Access: Frontage Road,CityStreet
  • Interstate: Ramp>5mi

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area

Utilities

  • Solid Waste: 0
  • HVAC: Unknown

Fee Information

  • Expenses: 27000
  • Insurance Expenses: 4300

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 670916104036000008
  • Zoning: Comm
  • Acres: 1-3 Acres
  • Lot Information: Irregular,Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 1.79

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 9914
  • Semi Annual Property Tax Amt: 4957
  • Tax Exemption: None

MLS Schools

  • School District: Greencastle Community

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $250,000 -26.3% --
02/03/2017 02/03/17 Pending -- -- --
11/09/2016 11/09/16 Price Changed $339,000 -8.4% --
10/11/2016 10/11/16 For Sale $370,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Wolfe

    Seller's Agent in 2017

    Eric Wolfe

    Prime Real Estate ERA Powered

    (812) 605-0475

    353 in this area

    765 Total Sales

    Eric Wolfe
    Section Image
  • Jennifer McCune

    Seller Co-Listing Agent in 2017

    Jennifer McCune

    Prime Real Estate ERA Powered

    (765) 720-2774

    168 in this area

    278 Total Sales

    Jennifer McCune
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21447581

MIBOR Broker Listing Cooperative®
Indiana Putnam County Greencastle 46135

100 Indian Springs, Greencastle, IN

This home is located at 100 Indian Springs, Greencastle, IN 46135 since 11 October 2016. This property was built in 1970. 100 Indian Springs is a home located in Putnam County with nearby schools including Greencastle Senior High School and Peace Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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