NOT LISTED FOR SALE

108 N Washington St Pierceton, IN 46562

Estimated Value: $51,000 - $167,000

3 Beds
2 Baths
1,432 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $35,000 $24 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $566/month

1 Day on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of August 2019

Attention investors! Affordable duplex in Pierceton. Main level: living room, dining room, kitchen, two bedrooms, bathroom, rear screened porch, unit is heated by a high efficiency GFA furnace (installed 2-3-2014). Rents for $110 per week (long term tenant, 15 years). Upper level: living room, kitchen, one bedroom, bathroom, unit is heated by a freestanding space heater (in living room). Rents for $90 per week (currently vacant). Tenants pay for NIPSCO gas and electric (metered separately), city water (metered separately), city sewer (includes trash pick-up). Owner pays taxes, insurance, maintenance and lawn care. Off-street parking in front, deep lot, convenient location only one block from downtown area antique stores, diners and social entertainment establishments and a short drive to major employers and the popular lakes area. The structure could use some updating but is priced accordingly.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 07/09/2019

Last Buyer's Agent

David Blackwell

Blackwell Real Estate Listed on: 07/09/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,437 Sq Ft Lot
  • Lot Dimensions are 61x132
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement
  • Exterior Basement Entry
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Schools

  • Pierceton Elementary School
  • Whitko Middle School
  • Whitko High School

Utilities

  • Multiple Heating Units
  • Forced Air Heating System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 431227300254000030

Community Details

Overview

  • 2 Units
  • Redkeys Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 010-107-029 Lot 2 Blk 6 Redkeys Add to Pierceton Less A Stp 5x55' In The NW Cor
  • Parcel Number ID: 431227300254000030
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Detector-Smoke, Eat-In Kitchen, Porch Covered, Porch Enclosed, Water Heater Gas
  • Grid: 20 - S.E. Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 010-723002-10
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.11
  • Annual Miscellaneous: 875
  • Monthly Gross Income: 867
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1972
  • Total Finished Sq Ft: 1432
  • Above Grade Finished Sq Ft: 1432
  • Below Grade Sq Ft: 540
  • Price Per Sq Ft: 24.44
  • Basement: Yes
  • Basement Foundation: Outside Entrance Only, Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Main Level Sq Ft: 892
  • Total Below Grade Sq Ft: 540
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Metal, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Annual Insurance Expense: 750
  • Annual Maintenance Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Schools

  • School District: Whitko
  • Elementary School: Pierceton
  • Middle School: Whitko
  • High School: Whitko
  • Elementary School: Pierceton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 61x132
  • Estimated Lot Sq Ft: 8437
  • Estimated Lot Size Acres: 0.1937

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Snow Removal, Trash Collection, Water

Tax Info

  • Total Assessed Value: 54400
  • Annual Property Tax: 1113

Multi Family

  • Gross Monthly Rent: 866.67
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

  • High School: Whitko
  • Middle School: Whitko
  • School District: Whitko

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Snyder Hudson
Bought by
Cavender Realty Llc
Current Estimated Value
$97,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$36,457
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$47,063

Purchase Details

Closed on
Mar 9, 2021
Sold by
Sartley Shawn C
Bought by
Snyder Hudson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,612
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 9, 2019
Closed on
Aug 2, 2019
Sold by
Nikxis Inc
Bought by
Bartley Shawn C
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
David Blackwell
Blackwell Real Estate
List Price
$38,000
Sold Price
$35,000
Premium/Discount to List
-$3,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.41%
Original Mortgage
$34,163
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1998
Sold by
Juanita Widman
Bought by
Albertson Allan L
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Cavender Realty Llc $50,000 None Listed On Document
Snyder Hudson $31,200 None Available
Bartley Shawn C $35,000 Fidelity National Title Compan
Albertson Allan L $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavender Realty Llc $37,500
Previous Owner Snyder Hudson $25,000
Previous Owner Snyder Hudson $30,612
Previous Owner Snyder Hudson $30,512
Previous Owner Bartley Shawn C $34,163
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $35,000 -7.9% $24 / Sq Ft
07/09/2019 07/09/19 For Sale $38,000 -- $27 / 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 $447 $67,700 $16,900 $50,800
2023 $416 $64,100 $16,900 $47,200
2022 $336 $60,500 $16,900 $43,600
2021 $361 $49,400 $12,100 $37,300
2020 $894 $44,200 $8,600 $35,600
2019 $1,147 $55,800 $8,600 $47,200
2018 $1,113 $54,400 $8,600 $45,800
2017 $1,091 $53,000 $8,600 $44,400
2016 $1,029 $49,900 $5,900 $44,000
2014 $980 $49,000 $5,900 $43,100
2013 $980 $49,000 $5,900 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201928984

Indiana Regional MLS

APN: 43-12-27-300-254.000-030