NOT LISTED FOR SALE

10180 W 67 Hwy Redkey, IN 47373

Estimated Value: $190,000 - $278,000

5 Beds
3 Baths
2,602 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $165,000 $63 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,319/month

21 Days on Market

Highlights

  • Covered patio or porch
  • Water Softener is Owned
  • Baseboard Heating
  • Eat-In Kitchen
  • Ceiling Fan
  • Level Lot

About This Home

As of October 2021

What an opportunity! Almost 10 Acres with limitless possibilities! Build your own home, turn the Triplex into a single-family home or live in one apartment and let the other two pay the mortgage! The Triplex offers 2-2 bedroom and 1-1bedroom apartments and all are in great shape/ move in condition and easy to rent. Currently, the owner lives in one, one has a 3 yr tenant with a month-to-month agreement and the one that is being left empty for the new owner to set his own rent, has new carpet and new paint. There are over 6 acres currently being farmed. This year's crop rights reserved. There is a pump house and 2 small outbuildings for storage. Appliances (except washers and dryers) are included but not warranted.

Last Listed By

Cynthia Rice

Hiatt Realty Listed on: 07/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 1968

Lot Details

  • 9.31 Acre Lot
  • Lot Dimensions are 1226x662x123x162x1114
  • Rural Setting
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for tax
  • Assessor Parcel Number 38-09-22-400-014.000-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,737

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1968
  • Age: 53
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SE 1/4 SE 1/4 9.3175A S 22 T22 R12
  • Parcel Number ID: 38-09-22-400-014.000-030
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Water Heater Electric, Water Softener-Owned
  • Location: Rural
  • Parcel Id2: 1322400011
  • Sp Lp Percent: 94.29
  • Monthly Gross Income: 400
  • Special Features: None

Interior Features

  • Total Sq Ft: 4644
  • Total Finished Sq Ft: 2602
  • Above Grade Finished Sq Ft: 2602
  • Below Grade Sq Ft: 2042
  • Price Per Sq Ft: 63.41
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 2042
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Ceiling
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3

Schools

  • School District: Jay Schools
  • Elementary School: Redkey
  • Middle School: West Jay County
  • High School: Jay County

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 1226x662x123x162x1114
  • Estimated Lot Sq Ft: 405544
  • Estimated Lot Size Acres: 9.31

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 103100
  • Annual Property Tax: 1737.26

Multi Family

  • Gross Monthly Rent: 400
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Range of Values:

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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
10/13/2021 10/13/21 Sold $165,000 -5.7% $63 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $175,000 -7.8% $67 / Sq Ft
07/12/2021 07/12/21 For Sale $189,900 -- $73 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $735 $128,800 $25,000 $103,800
2023 $735 $128,200 $23,300 $104,900
2022 $635 $124,500 $21,400 $103,100
2021 $780 $108,500 $19,200 $89,300
2020 $1,717 $103,100 $26,100 $77,000
2019 $1,522 $100,200 $27,500 $72,700
2018 $1,551 $106,600 $27,700 $78,900
2017 $1,308 $105,500 $28,900 $76,600
2016 $1,291 $106,100 $29,500 $76,600
2014 $1,337 $108,000 $30,000 $78,000
2013 $1,337 $106,300 $28,400 $77,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202127571

Indiana Regional MLS

APN: 38-09-22-400-014.000-030