NOT LISTED FOR SALE

111 & 113 S State Road 550 Hwy Unit 2 Wheatland, IN 47597

2 Beds
2 Baths
1,534 Sq Ft
0.25 Acres

Last Sold January 19, 2024

Last sale price $53,500 $35 Per Sq Ft

62 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Level Lot
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Historic Home

About This Home

As of January 2024

This historic property offers a unique opportunity for those seeking the perfect blend of small-town living and a touch of bygone charm. The property is designed as a duplex, offering two separate living units. Each offering a living room, kitchen with dining space, stove & refrigerator, bedroom and laundry area. The upper level of the duplex is a blank canvas awaiting the new owners vision for the future of the space. Sitting on almost 1/2 acre lot, next to the city park and only minutes from Vincennes.

Last Agent to Sell the Property

Beth Hicks

KLEIN RLTY&AUCTION, INC. Brokerage Phone: 812-890-2366 Listed on: 10/26/2023

Last Buyer's Agent

John Witshork

KLEIN RLTY&AUCTION, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Historic Home

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Laundry in Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Schools

  • South Knox Elementary And Middle School
  • South Knox High School

Utilities

  • Forced Air Heating and Cooling System
  • Cistern
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water softener
  • Assessor Parcel Number 42-10-28-216-028.000-010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $516

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: 123
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N WHEATLAND PT LOT 1 0.90A, 2ND DESCRIPTION N WHEATLAND PT LOT 1 .028A, 3RD PARCEL 42-10-28-216-003.000-010 N WHEATLAND PT LOT 2 .130A
  • Parcel Number ID: 42-10-28-216-028.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Eat-In Kitchen, Water Heater Electric
  • Cross Street: N. Railroad St.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 42-10-28-216-026.000-010
  • Sp Lp Percent: 97.27
  • Monthly Gross Income: 750
  • Year Taxes Payable: 22-23
  • Special Features: None

Interior Features

  • Total Sq Ft: 3334
  • Total Finished Sq Ft: 1534
  • Above Grade Finished Sq Ft: 1534
  • Above Grade Unfinished Sq Ft: 1800
  • Price Per Sq Ft: 34.88
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Main Level Sq Ft: 1534
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Flat
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Septic
  • Water Utilities: Cistern
  • Electric Company: Duke Energy Indiana
  • Annual Water Sewer Expense: 516
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: South Knox School Corp.
  • Elementary School: South Knox
  • Middle School: South Knox
  • High School: South Knox
  • Elementary School: South Knox

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Owner Pays: Trash Collection, Water Softener
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 750
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1387.49

MLS Schools

  • High School: South Knox
  • Middle School: South Knox
  • School District: South Knox School Corp.

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
01/19/2024 01/19/24 Sold $53,500 -2.7% $35 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/21/2023 12/21/23 Price Changed $55,000 -59.3% $36 / Sq Ft
10/26/2023 10/26/23 For Sale $135,000 -- $88 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Beth Hicks

    Seller's Agent in 2024

    Beth Hicks

    KLEIN RLTY&AUCTION, INC.

    (812) 890-2366

    140 Total Sales

    Beth Hicks
    Section Image
  • John Witshork

    Buyer's Agent in 2024

    John Witshork

    KLEIN RLTY&AUCTION, INC.

    (812) 881-7412

    277 Total Sales

    John Witshork
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202339371

Indiana Regional MLS
Indiana Knox County Wheatland 47597

111 & 113 S State Road 550 Hwy Unit 2, Wheatland, IN

This home is located at 111 & 113 S State Road 550 Hwy Unit 2, Wheatland, IN 47597 since 26 October 2023. This property was built in 1900. 111 & 113 S State Road 550 Hwy Unit 2 is a home located in Knox County with nearby schools including South Knox Elementary School and South Knox Middle/High 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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