Seller's Agent in 2025
Justin Lowe
Ellsbury Commerical Group
(765) 401-1122
44 Total Sales
120 N Elm St Thorntown, IN 46071
3
Beds
2
Baths
--
Sq Ft
7,318
Sq Ft Lot
About This Home
As of August 2025Discover this fantastic duplex at 120 N Elm Street in charming Thorntown, Indiana, offering an exceptional opportunity for investors or those seeking a home with income potential. Built in 2000, this two-story multi-family property provides a versatile living arrangement perfect for your rental portfolio, or to live in one unit and let the other help with your mortgage. This well-maintained duplex features a total of 6 bedrooms and 4 bathrooms, spread across its two units. Each unit offers comfortable living spaces, and the property includes a 2-car garage, providing convenient covered parking for residents. With vinyl siding, this home is designed for ease of maintenance.
Last Agent to Sell the Property
Ellsbury Commerical Group License #RB19001645 Listed on: 05/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,998
Year Built
- Built in 2000
Parking
- 2 Car Attached Garage
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 1.5-Story Property
- 7,318 Sq Ft Lot
- Central Air
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for sewer
- Tax Lot 9
- Assessor Parcel Number 061335000012023015
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2023
Closed on
May 1, 2023
Sold by
M/E Rental Properties Llc
Bought by
Mina Group Llc
Seller's Agent
Kristina Musielak
@properties
Buyer's Agent
Mark Isom
Trail Hawk Real Estate
List Price
$179,900
Sold Price
$154,000
Premium/Discount to List
-$25,900
-14.4%
Views
60
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
$104,054
Avg. Annual Appreciation
21.87%
Purchase Details
Closed on
Sep 3, 2021
Sold by
Tubbs Veronica L and Tubbs Kenneth J
Bought by
M/E Rental Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 7, 2017
Closed on
May 19, 2017
Sold by
Merrill James Douglas and Merrill Jodie
Bought by
Tubbs Veronica L and Tubbs Kenneth J
Seller's Agent
Lynda Lambert
Traditions Realty, LLC
Buyer's Agent
John Bradley
Traditions Realty, LLC
List Price
$120,000
Sold Price
$117,500
Premium/Discount to List
-$2,500
-2.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$88,125
Interest Rate
4.1%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $154,000 | Security Title Services | |
| Warranty Deed | $151,000 | Title Services Inc | |
| Deed | -- | Royal Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $151,000 | Commercial | |
| Previous Owner | $88,125 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/05/2025 08/05/25 | Sold | $255,000 | -3.8% | -- | |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- | |
| 06/18/2025 06/18/25 | For Sale | $265,000 | 0.0% | -- | |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- | |
| 05/19/2025 05/19/25 | For Sale | $265,000 | +72.1% | -- | |
| 05/01/2023 05/01/23 | Sold | $154,000 | -14.4% | -- | View Prior Sale |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- | |
| 04/06/2023 04/06/23 | For Sale | $179,900 | +53.1% | -- | |
| 05/19/2017 05/19/17 | Sold | $117,500 | -2.1% | -- | View Prior Sale |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- | |
| 03/10/2017 03/10/17 | For Sale | $120,000 | +2.1% | -- | |
| 03/10/2017 03/10/17 | Off Market | $117,500 | -- | -- | |
| 03/06/2017 03/06/17 | For Sale | $120,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
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 |
|---|---|---|---|---|
| 2025 | $3,077 | $198,300 | $13,500 | $184,800 |
| 2024 | $3,077 | $185,700 | $13,500 | $172,200 |
| 2023 | $2,999 | $170,700 | $13,500 | $157,200 |
| 2022 | $2,841 | $160,700 | $13,500 | $147,200 |
| 2021 | $2,594 | $138,700 | $13,500 | $125,200 |
| 2020 | $2,465 | $130,500 | $13,500 | $117,000 |
| 2019 | $2,408 | $129,700 | $13,500 | $116,200 |
| 2018 | $2,297 | $125,100 | $13,500 | $111,600 |
| 2017 | $4,131 | $223,900 | $13,500 | $210,400 |
| 2016 | $3,716 | $210,500 | $13,500 | $197,000 |
| 2014 | $3,467 | $197,100 | $13,500 | $183,600 |
| 2013 | $3,698 | $197,100 | $13,500 | $183,600 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Lowe
-
David Orton
Seller Co-Listing Agent in 2025
David Orton
Ellsbury Commerical Group
(317) 412-1572
13 Total Sales
-
Kristina Musielak
Seller's Agent in 2023
Kristina Musielak
@properties
(219) 689-7576
201 Total Sales
-
M
Buyer's Agent in 2023
Mark Isom
Trail Hawk Real Estate
-
Lynda Lambert
Seller's Agent in 2017
Lynda Lambert
Traditions Realty, LLC
(765) 481-9210
211 Total Sales
-
J
Buyer's Agent in 2017
John Bradley
Traditions Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040035
APN: 06-13-35-000-012.023-015
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