Seller's Agent in 2025
Justin Lowe
Ellsbury Commerical Group
(765) 401-1122
48 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.28%
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
9.92%
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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% | -- |
| 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% | -- |
| 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 |
|---|---|---|---|---|
| 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
9 Total Sales
-
Kristina Musielak
Seller's Agent in 2023
Kristina Musielak
@properties
(219) 689-7576
203 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
213 Total Sales
-
John Bradley
Buyer's Agent in 2017
John Bradley
Traditions Realty, LLC
(317) 446-4666
187 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040035
APN: 06-13-35-000-012.023-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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