Seller's Agent in 2023
Carolyn Crooks
Keller Williams Thrive South
(574) 527-2741
222 Total Sales
112 N Main St Bourbon, IN 46504
Estimated Value: $167,299
2
Beds
2.5
Baths
2,612
Sq Ft
$64/Sq Ft
Est. Value
Highlights
- Built-in Bookshelves
- Ceiling height of 9 feet or more
- Ceiling Fan
- Walk-In Closet
- Forced Air Heating and Cooling System
- 5-minute walk to McBride Field
About This Home
As of July 2023Entrepreneurs and investors, are you looking for a prime opportunity to expand your business and generate additional revenue? Look no further than this exceptional retail storefront with two income-generating apartments. The building has undergone a complete renovation over the last 5 years, featuring updated flooring, fresh paint, updated electrical and plumbing, and a newer water heater in the upstairs unit. Upstairs, a spacious one-bedroom apartment awaits with high ceilings, ample natural light, full kitchen, and a full bathroom complete with a luxurious jacuzzi tub. Downstairs, an additional one-bedroom studio apartment boasts both front and rear entrances, along with full kitchen equipped with all appliances, full bathroom, and in-unit washer and dryer. The flexibility of the space is unparalleled, allowing for the option to maintain the current layout or convert the ground level window front space into an office or retail area while retaining the smaller main level and upstairs apartments. The opportunity even exists to run a business downstairs and live upstairs, adding convenience and efficiency to your daily routine. This building is move-in ready and poised for a new owner to take advantage of its potential. Don't miss out on this exceptional investment opportunity.
Last Agent to Sell the Property
Keller Williams Thrive South Brokerage Phone: 574-534-1010 Listed on: 03/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,068
Year Built
- Built in 1915
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 22.4 x 126
- Level Lot
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fire and Smoke Detector
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry in Bathroom
- Washer Hookup
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Parking
- 4 Parking Spaces
- On-Street Parking
- Off-Street Parking
Location
- Suburban Location
Schools
- Triton Elementary And Middle School
- Triton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electric, heating, trash collection, water
- The owner pays for building insurance
- Assessor Parcel Number 50-34-19-103-138.000-002
Community Details
Building Details
- Fuel Expense $2,400
- Insurance Expense $1,000
- Water Sewer Expense $960
Additional Features
- 2 Units
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
Jul 28, 2023
Sold by
Lemler Terry and Lemler Kimberly
Bought by
Premier Props
Seller's Agent
Carolyn Crooks
Keller Williams Thrive South
Buyer's Agent
Kristin Perkins
RE/MAX 100
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Views
126
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,299
Avg. Annual Appreciation
2.07%
Original Mortgage
$128,000
Outstanding Balance
$125,029
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$42,270
Purchase Details
Closed on
Dec 11, 2017
Sold by
Boardman Julie A and Conley Julie A
Bought by
Lemler Terry and Lemler Kimberly
Purchase Details
Closed on
Nov 21, 1997
Sold by
Shirley Eyrich
Bought by
Conley Julie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Premier Props | -- | None Listed On Document | |
| Lemler Terry | -- | None Available | |
| Conley Julie | $20,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Premier Props | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2023 07/28/23 | Sold | $160,000 | +3.2% | $61 / Sq Ft |
| 06/02/2023 06/02/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | Price Changed | $155,000 | -3.1% | $59 / Sq Ft |
| 03/10/2023 03/10/23 | For Sale | $159,900 | -- | $61 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,486 | $148,000 | $7,100 | $140,900 |
| 2022 | $2,486 | $83,700 | $7,100 | $76,600 |
| 2021 | $3,068 | $114,800 | $7,400 | $107,400 |
| 2020 | $1,499 | $55,600 | $7,400 | $48,200 |
| 2019 | $1,440 | $53,400 | $7,100 | $46,300 |
| 2018 | $1,337 | $49,500 | $7,100 | $42,400 |
| 2017 | $1,107 | $51,300 | $7,100 | $44,200 |
| 2016 | $1,140 | $52,400 | $8,200 | $44,200 |
| 2014 | $1,171 | $51,700 | $8,200 | $43,500 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Crooks
-
Kristin Perkins
Buyer's Agent in 2023
Kristin Perkins
RE/MAX
(574) 274-2104
16 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202307036
APN: 50-34-19-103-138.000-002
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