NOT LISTED FOR SALE

111 E Madison St Alexandria, IN 46001

Estimated Value: $122,000 - $137,503

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold September 21, 2020

Last sale price $79,900

Est. 59% increase in value since last sale

Current estimated payment $852/month

1,632 Days on Market

About This Home

As of September 2020

NICE 4 UNIT RENTAL IN ALEXANDRIA. HAS COIN OPERATED WASHER/DRYER FOR TENANTS USE. THIS GIVES OWNER EXTRA INCOME. FULLY RENTED AND OWNER PAYS ALL UTILITIES.

Last Agent to Sell the Property

Linda Babbitt

Gold Key Properties License #RB14028932 Listed on: 01/26/2016

Last Buyer's Agent

Linda Babbitt

Gold Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1947

Lot Details

  • 0.25

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot

Community Details

  • Painters Subdivision

Listing and Financial Details

  • Tenant pays for cable tv insurance
  • The owner pays for electricity gas insurance lawncare taxes all utilities
  • Assessor Parcel Number 480513404125001022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,164

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1947
  • Lot Size Acres: 0.25
  • Structure Type: Quadruplex
  • Subdivision Name: PAINTERS
  • Inspection Warranties: Not Applicable
  • Property Description: NICE 4 UNIT RENTAL IN ALEXANDRIA. HAS COIN OPERATED WASHER/DRYER FOR TENANTS USE. THIS GIVES OWNER EXTRA INCOME. FULLY RENTED AND OWNER PAYS ALL UTILITIES.
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Electricity,Gas,Insurance,Lawncare,Taxes,All Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Common

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 79900

Garage/Parking

  • Unit Parking: On Street,Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 9800

Lot Info

  • Parcel Number: 480513404125001022
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Busline,Sidewalks
  • Lot Number: F
  • Lot Size: 34X64

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Insurance

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1164
  • Semi Annual Property Tax Amt: 582
  • Tax Exemption: None

MLS Schools

  • School District: Alexandria Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Sep 17, 2020
Sold by
Smith Edward M
Bought by
Olonde Robert and Olonde Raquel
Seller's Agent
Linda Babbitt
Gold Key Properties
Buyer's Agent
Linda Babbitt
Gold Key Properties
List Price
$79,900
Sold Price
$79,900
Total Days on Market
1632
Current Estimated Value
$127,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,226
Avg. Annual Appreciation
9.21%
Original Mortgage
$59,925
Outstanding Balance
$53,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$69,469

Purchase Details

Closed on
Sep 18, 2009
Sold by
Gustin William J
Bought by
Smith Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2009
Sold by
The Bank Of New York Mellon
Bought by
Gustin William J

Purchase Details

Closed on
Nov 7, 2008
Sold by
Karkosky William B and Landmarks Accts Inc
Bought by
The Bank Of New York Mellon
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
Olonde Robert $79,900 Rowland Title
Smith Edward M -- --
Gustin William J -- --
The Bank Of New York Mellon $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olonde Robert $59,925
Previous Owner Smith Edward M $63,750
Previous Owner Karkowsky William B $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $79,900 0.0% --
07/16/2020 07/16/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $79,900 0.0% --
06/29/2020 06/29/20 Off Market $79,900 -- --
02/01/2017 02/01/17 For Sale $79,900 0.0% --
01/27/2017 01/27/17 Off Market $79,900 -- --
04/12/2016 04/12/16 Price Changed $79,900 -5.9% --
01/26/2016 01/26/16 For Sale $84,900 -- --
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 $1,923 $82,700 $7,000 $75,700
2023 $1,743 $74,300 $6,700 $67,600
2022 $1,746 $73,900 $6,300 $67,600
2021 $1,720 $70,700 $6,300 $64,400
2020 $1,620 $67,400 $6,000 $61,400
2019 $1,552 $63,900 $6,000 $57,900
2018 $1,368 $59,900 $6,000 $53,900
2017 $1,164 $58,200 $6,000 $52,200
2016 $1,164 $58,200 $6,000 $52,200
2014 $1,148 $57,400 $6,000 $51,400
2013 $1,148 $57,400 $6,000 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21396029

MIBOR Broker Listing Cooperative®

APN: 48-05-13-404-125.001-022