$154,000
SOLD MAY 1, 2023

120 N Elm St Thorntown, IN 46071

-- Bed
-- Bath
-- Sq Ft
7,318 Sq Ft Lot

Recently Sold

14% Below List Price

17 Days on Market

About This Home

As of May 2023

Great investment opportunity! Wonderful duplex, perfect for your rental portfolio! Or, live on one side and rent out the other to help with the mortgage payment! Showings only allowed upon an accepted offer.

Last Agent to Sell the Property

Kristina Musielak

@properties License #RB18001938 Listed on: 04/06/2023

@properties

Last Buyer's Agent

Mark Isom

Trail Hawk Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 2000

Lot Details

  • 7,318 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Schools

  • Thorntown Elementary School

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for ins hazard, taxes
  • Tax Lot 9
  • Assessor Parcel Number 061335000012023015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2000
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: kristina@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Levels: Two
  • Owner Pays: Ins Hazard, Taxes
  • Gross Area Sq Ft: 3576
  • Amenities: Attached 1 car garage. Large family room.
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 179900
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Laundry Features: Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 4800

Lot Info

  • Lot Features: Access, Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 7318
  • Parcel Number: 061335000012023015
  • Zoning: RES
  • Acres: <1/4 Acre
  • Price Acre: 905882.352941176

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Net Operating Income: 12000
  • Gross Income: 20400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2594
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 1297
  • Tax Exemption: None

MLS Schools

  • Elementary School: Thorntown Elementary School

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
14.66%

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
7.21%
Original Mortgage
$88,125
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
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

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 $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

    Seller's Agent in 2025

    Justin Lowe

    Ellsbury Commerical Group

    (765) 401-1122

    47 Total Sales

    Justin Lowe
    Section Image
  • David Orton

    Seller Co-Listing Agent in 2025

    David Orton

    Ellsbury Commerical Group

    (317) 412-1572

    7 Total Sales

    David Orton
    Section Image
  • Kristina Musielak

    Seller's Agent in 2023

    Kristina Musielak

    @properties

    (219) 689-7576

    209 Total Sales

    Kristina Musielak
    Section Image

  • M

    Buyer's Agent in 2023

    Mark Isom

    Trail Hawk Real Estate

    (317) 418-5087

    Section Image
  • Lynda Lambert

    Seller's Agent in 2017

    Lynda Lambert

    Traditions Realty, LLC

    (765) 481-9210

    213 Total Sales

    Lynda Lambert
    Section Image
  • John Bradley

    Buyer's Agent in 2017

    John Bradley

    Traditions Realty, LLC

    (317) 446-4666

    191 Total Sales

    John Bradley
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21914303

MIBOR Broker Listing Cooperative®

APN: 06-13-35-000-012.023-015

Indiana Boone County Thorntown 46071

120 N Elm St, Thorntown, IN

This home is located at 120 N Elm St, Thorntown, IN 46071 and is currently priced at $154,000. This property was built in 2000. 120 N Elm St is a home located in Boone County with nearby schools including Western Boone Junior/Senior High School.

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.

MIBOR Broker Listing Cooperative® 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.

Nearby Homes