NOT LISTED FOR SALE

10701 Millgrove Rd Quincy, IN 47456

Estimated Value: $204,814 - $220,000

-- Bed
2 Baths
1,800 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $435,000 $242 Per Sq Ft

Current estimated payment $1,352/month

372 Days on Market

About This Home

As of June 2020

Great investment opportunity. This property includes 4 duplexes and a 3 bedroom 1 bath home with attached garage. Nice rental property in the country close to main road. 45 minute drive to Indianapolis, Terre Haute, Bloomington. Each unit has 2 bedrooms, 1 bath. Currently all rented out. New roof on all Units. Some units have new furnace and air. They all come with stove and refrigerator.

Last Agent to Sell the Property

Mary Looper

F.C. Tucker Advantage, REALTOR License #RB14027759 Listed on: 04/17/2019

F.C. Tucker Advantage, REALTOR

Last Buyer's Agent

Dody Mariscotti

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 2002

Lot Details

  • 5 Acre Lot

Home Design

  • Ranch Style House
  • Vinyl Siding

Listing and Financial Details

  • Tenant pays for electricity, lawncare, trash collection
  • The owner pays for taxes
  • Assessor Parcel Number 600229400560006026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2002
  • Lot Size Acres: 5
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: Great investment opportunity. This property includes 4 duplexes and a 3 bedroom 1 bath home with attached garage. Nice rental property in the country close to main road. 45 minute drive to Indianapolis, Terre Haute, Bloomington. Each unit has 2 bedrooms, 1 bath. Currently all rented out. New roof on all Units. Some units have new furnace and air. They all come with stove and refrigerator.
  • Transaction Type: Sale
  • Unit Count: 6
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 465000

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 1

Lot Info

  • Parcel Number: 600229400560006026
  • Acres: 5-10 Acres
  • Lot Information: Access Street
  • Lot Number: 1-6
  • Lot Size: 1 Acre each

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Lawncare, Trash Collection

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9000
  • Semi Annual Property Tax Amt: 4500
  • Tax Exemption: None

MLS Schools

  • School District: Cloverdale Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 11, 2020
Sold by
Randall Timothy D
Bought by
Gore Beth Ann
Seller's Agent
Mary Looper
F.C. Tucker Advantage, REALTOR
Buyer's Agent
Dody Mariscotti
United Real Estate Indpls
List Price
$495,000
Sold Price
$435,000
Premium/Discount to List
-$60,000
-12.12%
Current Estimated Value
$212,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,593
Avg. Annual Appreciation
-12.50%
Original Mortgage
$348,000
Outstanding Balance
$287,400
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$68,746
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Gore Beth Ann -- Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gore Beth Ann $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $435,000 -6.5% $242 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $465,000 -6.1% $258 / Sq Ft
04/17/2019 04/17/19 For Sale $495,000 -- $275 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,148 $149,700 $19,800 $129,900
2023 $2,206 $138,700 $19,800 $118,900
2022 $1,876 $118,600 $19,800 $98,800
2021 $1,835 $100,500 $19,800 $80,700
2020 $1,837 $94,000 $19,800 $74,200
2019 $1,714 $85,700 $17,800 $67,900
2018 $1,694 $84,700 $15,800 $68,900
2017 $1,696 $84,800 $15,800 $69,000
2016 $1,648 $82,400 $15,800 $66,600
2014 $1,583 $82,400 $15,800 $66,600
2013 -- $82,600 $15,800 $66,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21633652

MIBOR Broker Listing Cooperative®

APN: 60-02-29-400-560.003-026