NOT LISTED FOR SALE

117 S Broadway St Butler, IN 46721

21 Beds
11.5 Baths
14,238 Sq Ft
5,663 Sq Ft Lot

Last Sold June 21, 2022

Last sale price $320,000 $22 Per Sq Ft

22 Days on Market

About This Home

As of June 2022

21 apartments, some are efficiencies, with onsite parking for tenants (nice spacious back yard). Spacious lobby with office. Basement has potential to be rented out for storage units. Rent includes all utilities. Waste pick up is a dumpster. Most tenants pay by the week, but some pay by the month. When all apartments are rented, the income is over $2400 a week. Monthly expenses average around $3939 a month with room to bring them down.

Last Agent to Sell the Property

Christy Thomson

RE/MAX Results Listed on: 04/26/2022

RE/MAX Results

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $384

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Home Design

  • Block Exterior

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 21 Bedrooms

Schools

  • Butler Elementary School
  • Eastside Middle School
  • Eastside High School

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, sewer, water
  • Assessor Parcel Number 17-07-12-101-005.000-027

Community Details

Overview

  • 21 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $660
  • Maintenance Expense $35,148
  • Water Sewer Expense $56,844

Property Details

Home Type

Apartment

Est. Annual Taxes

$384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Style: Three Story
  • Bedrooms: 21
  • Total Bathrooms: 12
  • Total Full Bathrooms: 11
  • Total Number of Half Bathrooms: 1
  • Legal Description: Danforth Add S 1/3 Lot 66 & S 2/3 Lot 9
  • Parcel Number ID: 17-07-12-101-005.000-027
  • Platted: Yes
  • Amenities: Basement
  • Road Access: City
  • Special Features: None

Interior Features

  • Total Sq Ft: 18984
  • Total Finished Sq Ft: 14238
  • Above Grade Finished Sq Ft: 14238
  • Below Grade Sq Ft: 4746
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 4746
  • Number Ttl Rooms Below Grade: 8

Exterior Features

  • Exterior: Block
  • Stories: 3

Utilities

  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 660
  • Annual Maintenance Expense: 35148
  • Annual Water Sewer Expense: 56844

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Butler

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Week to Week, Negotiable
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Water

Tax Info

  • Annual Property Tax: 384

Multi Family

  • Number Of Units: 21
  • Num Of1 Bedrooms: 16
  • Num Of Efficiencies: 5

MLS Schools

  • High School: Eastside
  • Middle School: Eastside
  • School District: Dekalb Co. Eastern
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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 List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $320,000 -17.9% $22 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $389,900 -- $27 / Sq Ft
Source: Indiana Regional MLS

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 $5,833 $327,000 $13,100 $313,900
2023 $4,909 $265,900 $12,100 $253,800
2022 $4,721 $258,400 $12,100 $246,300
2021 $4,670 $254,400 $12,100 $242,300
2020 $4,601 $254,400 $12,100 $242,300
2019 $4,785 $254,400 $12,100 $242,300
2018 $4,965 $254,400 $12,100 $242,300
2017 $4,767 $244,600 $12,100 $232,500
2016 $4,844 $242,200 $12,100 $230,100
2014 $4,756 $237,800 $12,100 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202214881

Indiana Regional MLS