NOT LISTED FOR SALE

121 W Washington St Millersburg, IN 46543

Estimated Value: $136,000 - $158,855

3 Beds
2 Baths
1,906 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $97,000 $51 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $918/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 1-Story Property
  • Corner Lot
  • Forced Air Heating System

About This Home

As of July 2021

Rare opportunity; duplex in Fairfield schools. Good cash flow with low vacancy rate. Separate meters for gas, electric, water and sewer. Each side has a full basement. West unit has a one car attached garage. **Multiple offers received. Highest and best deadline is 8 PM Friday. Seller will respond Saturday morning.**

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 06/14/2021

RE/MAX Results-Goshen

Last Buyer's Agent

Ashley Lambright

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Washer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance, sewer, snow removal, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 20-12-34-461-009.000-008

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $726

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ORIG 44FT W SIDE LOT 37
  • Parcel Number ID: 20-12-34-461-009.000-008
  • Platted: Yes
  • Amenities: Basement, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 102.11
  • Monthly Gross Income: 1175
  • Special Features: None

Interior Features

  • Total Sq Ft: 2859
  • Total Finished Sq Ft: 1906
  • Above Grade Finished Sq Ft: 1906
  • Below Grade Sq Ft: 953
  • Price Per Sq Ft: 50.89
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Wood
  • Total Below Grade Sq Ft: 953
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Block, Concrete
  • Roof Material: Flat
  • Stories: 1

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 726
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fairfield Community Schools
  • Elementary School: Millersburg
  • Middle School: Fairfield
  • High School: Fairfield

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 44x132 (approx.)
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Water

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1184

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Schlabach Larry and Schlabach Wilma
Bought by
Hershberger Jamie M and Helmuth Marla J
Current Estimated Value
$149,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,750
Outstanding Balance
$98,223
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$47,667

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 2, 2021
Sold by
Troyer Andrew and Troyer Dawn K
Bought by
Schlabach Larry and Schlabach Wilma
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Ashley Lambright
Coldwell Banker Real Estate Group
List Price
$95,000
Sold Price
$97,000
Premium/Discount to List
$2,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Listed on
Jun 14, 2021
Closed on
May 18, 2021
Sold by
Troyer Andrew
Bought by
Troyer Andrew and Troyer Dawn K
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Ashley Lambright
Coldwell Banker Real Estate Group
List Price
$95,000
Sold Price
$97,000
Premium/Discount to List
$2,000
2.11%
Source: Public Records

Range of Values:

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Average Value
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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
Hershberger Jamie M -- --
Schlabach Larry $97,000 Near North Title Group
Troyer Andrew -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershberger Jamie M $100,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $97,000 +2.1% $51 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $95,000 -- $50 / Sq Ft
Source: Indiana Regional MLS

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 $1,334 $123,300 $8,400 $114,900
2022 $1,334 $68,100 $0 $68,100
2021 $1,184 $59,200 $0 $59,200
2020 $1,184 $59,200 $0 $59,200
2019 $1,184 $59,200 $8,400 $50,800
2018 $1,184 $59,200 $8,400 $50,800
2017 $828 $41,400 $8,400 $33,000
2016 $814 $41,400 $8,400 $33,000
2014 $818 $40,900 $8,400 $32,500
2013 $818 $40,900 $8,400 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202122797

Indiana Regional MLS

APN: 20-12-34-461-009.000-008