NOT LISTED FOR SALE

121 N Jefferson St Danville, IN 46122

Estimated Value: $308,000 - $350,185

5 Beds
3 Baths
3,304 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $290,000 $88 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,227/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • 3-minute walk to Jack Willard Community Park
  • Danville Middle School Rated A-
  • Forced Air Heating System

About This Home

As of April 2023

Tri-Plex Investor Opportunity ~ OPEN HOUSE 3-18-23 FROM 11AM TO 4PM ~ Original Stained Wood Trim, Corner Detail, Doors, Transoms, Pocket Door, and Built-ins ~ Main Floor has 10' Ceiling ~ All Units Rented/Good Tenants ~ Tenants want to Renew ~ Photos Taken Prior to Tenants Moving in ~ Large 2 Car Garage on Alley, Off Street Parking Not Designated but Available. Each Unit has Furnace, Central Air, and Hot Water Heater. Large Covered Front Porch Access to 2 Lower Units 121 & 123. Back Stair to Upper 3rd Unit 125. Great Location Just North of Court House and Close to Laundromat, DQ, Subway, Library, Restaurants, County Offices, and more. Unit 121 has Laundry Hookup. No Pets or Smoking have been Allowed

Last Agent to Sell the Property

Lynn Geis

RE/MAX Centerstone License #RB14033661 Listed on: 03/12/2023

RE/MAX Centerstone

Last Buyer's Agent

Douglas Lathery

Keller Williams Indy Metro W

Keller Williams Indy Metro W

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1935

Lot Details

  • 7,841

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Alley Access

Home Design

  • Triplex
  • Traditional Architecture
  • Vinyl Siding

Schools

  • Danville Middle School
  • Danville Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1.5-Story Property
  • 7,841 Sq Ft Lot

Community Details

  • Original Town Of Danville Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, sewer, water
  • The owner pays for ins hazard, insurance, lawncare, taxes, trash collection
  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 321104482016000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican, Triplex, Two Story
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1935
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Structure Type: Triplex
  • Subdivision Name: Original Town Of Danville
  • Transaction Type: Sale
  • Website: www.lynngeis.com
  • Conversion: No
  • MBR_AttributionContact: lynngeishomes@gmail.com
  • Multi Rooms: 15
  • Special Features: None

Interior Features

  • Levels: One and One Half
  • Owner Pays: Ins Hazard, Insurance, Lawncare, Taxes, Trash Collection
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Materials: Vinyl Siding
  • Direction Faces: West
  • List Price: 285000
  • Road Access: Not Applic

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Common, Detached, Gravel
  • Unit Parking: 2 Car Garage,On Street,Parking Lot

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Solid Waste: No

Fee Information

  • Expenses: 4637
  • Insurance Expenses S F: 3634

Schools

  • Middle Or Junior School: Danville Middle School

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 7841
  • Parcel Number: 321104482016000003
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1611111.11111111

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Water

Multi Family

  • Net Operating Income: 25603
  • Gross Income: 30240
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2556
  • Tax Block: 4
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1278
  • Tax Exemption: None

MLS Schools

  • High School: Danville Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Lathery Douglas and Lathery Morgan
Bought by
Dml Properties Llc
Current Estimated Value
$332,546

Purchase Details

Listed on
Mar 12, 2023
Closed on
Apr 20, 2023
Sold by
Laskowski Daniel M
Bought by
Lathery Douglas and Lathery Morgan
Seller's Agent
Lynn Geis
RE/MAX Centerstone
Buyer's Agent
Douglas Lathery
Keller Williams Indy Metro W
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$217,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 14, 2014
Sold by
Hassler Joseph G
Bought by
Laskowski Daniel
Seller's Agent
Sherry Hanebutt
Keller Williams Indy Metro W
Buyer's Agent
Karen Schmidt
RE/MAX Centerstone
List Price
$158,000
Sold Price
$140,000
Premium/Discount to List
-$18,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$48,000
Interest Rate
4.41%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dml Properties Llc -- None Listed On Document
Lathery Douglas -- None Listed On Document
Laskowski Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lathery Douglas $217,500
Previous Owner Laskowski Daniel $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $290,000 +1.8% $88 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/12/2023 03/12/23 For Sale $285,000 +103.6% $86 / Sq Ft
04/14/2014 04/14/14 Sold $140,000 -11.4% $42 / Sq Ft View Prior Sale
03/17/2014 03/17/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $158,000 -- $48 / Sq Ft
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 $5,800 $328,000 $20,300 $307,700
2023 $4,680 $234,000 $18,200 $215,800
2022 $2,556 $127,800 $9,900 $117,900
2021 $2,556 $127,800 $10,700 $117,100
2020 $2,556 $127,800 $10,600 $117,200
2019 $2,556 $156,600 $13,000 $143,600
2018 $1,590 $79,500 $6,900 $72,600
2017 $1,590 $79,500 $7,000 $72,500
2016 $1,590 $79,500 $6,300 $73,200
2014 $1,590 $79,500 $6,300 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21909247

MIBOR Broker Listing Cooperative®

APN: 32-11-04-482-016.000-003