101 E Wayne St Spencer, IN 47460
Estimated payment $2,600/month
About This Home
INVESTORS!!! This property is a cash flow ready investment opportunity. These duplexes are in great structural condition, have a newer metal roof, off street parking spaces, and a strong rental history. The kitchen, the living space, a half bath located downstairs & the two bedrooms and a full bath upstairs. All 4 of these units have the same layout, and each unit has their own 10x10 back porch for enjoyment located off the back of the kitchen. Property manager does routine walk-throughs in the spring & fall to keep up on needed repairs.
Listing Agent
Keith Realty & Auction Group Brokerage Phone: 812-714-8250 Listed on: 02/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,436
Year Built
- Built in 1991
Lot Details
- 5,227 Sq Ft Lot
- Corner Lot
Home Design
- 1,728 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Vinyl Construction Material
Bedrooms and Bathrooms
- 2 Bedrooms
Schools
- Spencer Elementary School
- Owen Valley Middle School
- Owen Valley High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 60-10-20-400-400.668-028
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,892 | $294,600 | $9,000 | $285,600 |
| 2023 | $5,436 | $271,800 | $9,000 | $262,800 |
| 2022 | $4,236 | $211,800 | $9,000 | $202,800 |
| 2021 | $4,404 | $220,200 | $9,000 | $211,200 |
| 2020 | $4,104 | $205,200 | $9,000 | $196,200 |
| 2019 | $3,868 | $193,400 | $9,200 | $184,200 |
| 2018 | $3,620 | $181,000 | $9,200 | $171,800 |
| 2017 | $3,310 | $165,500 | $10,300 | $155,200 |
| 2016 | $3,390 | $169,500 | $10,300 | $159,200 |
| 2014 | $3,330 | $166,500 | $10,300 | $156,200 |
| 2013 | -- | $164,900 | $10,300 | $154,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | For Sale | $409,900 | -- | $237 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Contract Of Sale | $740,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Closed | $0 | Seller Take Back |
Source: Indiana Regional MLS
MLS Number: 202504309
APN: 60-10-20-400-400.668-028
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