NOT LISTED FOR SALE

115 N 5th St Middletown, IN 47356

Estimated Value: $93,000 - $171,000

3 Beds
3 Baths
2,688 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $108,000 $40 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $870/month

5 Days on Market

About This Home

As of April 2022

Great Investor Opportunity! Triplex is located in the heart of Middletown within walking distance to the park, library, shopping, and the new walking trail. This home has high ceilings with beautiful original woodwork. Unit 1 is a large two-bedroom on the first level with a stackable washer and dryer hookup. Beautiful enclosed front porch that can be used for extra living space. Unit 2 is also on the first level with a private entrance and dedicated parking spot. Unit three is located on the 2nd level with large rooms and plenty of extra storage.

Last Agent to Sell the Property

Hilary Casstevens

Epique Inc. Listed on: 03/18/2022

Epique Inc.

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Shenandoah Elementary And Middle School
  • Shenandoah High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 33-02-32-310-149.000-006

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,356

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ORIG PLAT PT LOT 2 & S 27
  • Parcel Number ID: 33-02-32-310-149.000-006
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 86.61
  • Year Taxes Payable: 1046
  • Special Features: None

Interior Features

  • Total Sq Ft: 3300
  • Total Finished Sq Ft: 2688
  • Above Grade Finished Sq Ft: 2688
  • Below Grade Sq Ft: 612
  • Price Per Sq Ft: 40.18
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Main Level Sq Ft: 1872
  • Total Below Grade Sq Ft: 612
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Shenandoah School Corp.
  • Elementary School: Shenandoah
  • Middle School: Shenandoah
  • High School: Shenandoah
  • Elementary School: Shenandoah

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 11,892 SF
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Exemptions: Homestead, Mortgage

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

  • High School: Shenandoah
  • Middle School: Shenandoah
  • School District: Shenandoah School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 5, 2022
Sold by
Schulze Madalyn J
Bought by
White Birch Properties Llc
Seller's Agent
Hilary Casstevens
Epique Inc.
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$124,700
Sold Price
$108,000
Premium/Discount to List
-$16,700
-13.39%
Current Estimated Value
$127,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,644
Avg. Annual Appreciation
6.00%
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
White Birch Properties Llc $108,000 Rowland Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Barbara L $56,100
Previous Owner Johnson Larry J $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $108,000 -13.4% $40 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $124,700 -- $46 / 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 $2,356 $117,800 $17,900 $99,900
2023 $2,010 $100,300 $17,900 $82,400
2022 $2,044 $128,400 $17,900 $110,500
2021 $1,047 $106,100 $15,600 $90,500
2020 $992 $103,000 $15,600 $87,400
2019 $949 $100,700 $15,600 $85,100
2018 $854 $99,700 $15,600 $84,100
2017 $855 $99,700 $15,600 $84,100
2016 $746 $97,700 $15,200 $82,500
2014 $681 $97,700 $15,700 $82,000
2013 $681 $91,800 $16,200 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202209103

Indiana Regional MLS

APN: 33-02-32-310-149.000-006