Seller's Agent in 2022
Mark Ginder
RE/MAX
(513) 505-4775
23 Total Sales
1114 5th St Rising Sun, IN 47040
Rising Sun Area
Studio
--
Bath
11,900
Sq Ft
1.5
Acre Lot
Highlights
- City View
- Deck
- Corner Lot
- 1.5 Acre Lot
- Wooded Lot
- Double Pane Windows
About This Home
Once in awhile we market a unique property that has had one owner since it was built in the early 1980's.A Brick 20 Unit Apartment Complex includes 2 Buildings with 2 Levels. All 20 units are leased. 9 Units have rental assistance. Section 8 Housing approved. The 14 One Bedroom apartments lease for $459 - $649 per month. And the 6 Two Bedroom Apartments lease for $524 - $765 per month. The buildings have new roofs & windows in 2020, many units have newer furnaces and water heaters. All units have electric furnaces, electric ranges/ovens, & ample parking. A common Laundry Room (18 x 12) features 2 newer Washers & 2 newer Dryers that are coinless-NOT Owned by Landlord-Leased. The office 12 x 9 for the complex is nearby. A built in Utility/tool area is close to the office. USDA RD Section 8 Housing-some Restrictions may apply. RD-USDA 11 years remain in contract-subject to restrictions to a new buyer. BUYER'S LENDER CHANGED REQUIREMENTS. BACK ON THE MARKET. SEND PREAPPROVAL LETTER.
Last Agent to Sell the Property
RE/MAX Advantage 1 License #RB14035669 Listed on: 02/18/2022
Property Details
Home Type
- Apartment
Year Built
- Built in 1983
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 262' x 262'
- Corner Lot
- Wooded Lot
Property Views
- City
- Woods
Home Design
- Brick or Stone Mason
- Poured Concrete
- Shingle Roof
Interior Spaces
- 11,900 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Double Hung Windows
- Storage
- Oven or Range
Parking
- 40 Parking Spaces
- No Garage
- Driveway
- Parking Lot
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Mini Split Air Conditioners
- Heating Available
- Furnace
- Separate Meters
- Natural Gas Not Available
Listing and Financial Details
- Tenant pays for electricity, insurance
Community Details
Overview
- 20 Units
- Southeastern Indiana Board Association
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2023
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $850,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | -- | -- | -- |
| 02/14/2023 02/14/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $1,350,000 | 0.0% | $113 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 02/18/2022 02/18/22 | For Sale | $1,350,000 | -- | $113 / Sq Ft |
Source: Southeastern Indiana Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,136 | $420,900 | $67,800 | $353,100 |
| 2024 | $8,362 | $418,100 | $84,000 | $334,100 |
| 2023 | $6,206 | $560,100 | $120,100 | $440,000 |
| 2022 | $5,663 | $302,300 | $120,100 | $182,200 |
| 2021 | $5,856 | $268,500 | $99,200 | $169,300 |
| 2020 | $5,393 | $246,100 | $99,200 | $146,900 |
| 2019 | $5,636 | $369,100 | $165,300 | $203,800 |
| 2018 | $5,931 | $269,000 | $165,300 | $103,700 |
| 2017 | $5,629 | $257,900 | $156,600 | $101,300 |
| 2016 | $5,997 | $279,500 | $156,600 | $122,900 |
| 2014 | $3,914 | $271,400 | $156,600 | $114,800 |
| 2013 | $3,710 | $291,000 | $156,600 | $134,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Ginder
-
Pamela Ginder
Seller Co-Listing Agent in 2022
Pamela Ginder
RE/MAX
(513) 659-9515
31 Total Sales
Map
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 196611
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