NOT LISTED FOR SALE

1227 Washington St Columbus, IN 47201

Estimated Value: $171,000 - $288,805

5 Beds
3 Baths
1,744 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $86,500 $50 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,442/month

179 Days on Market

About This Home

As of January 2016

Great downtown investment property! This 3-unit, 3000+ square-foot home has a prime location in Columbus's historic district and is biking distance to downtown employers and recreation. Gross income is $1930/month. House has many recent updates including updated flooring and bathrooms, concrete steps, gutters, tree removal, some refinished wood flooring, and interior and exterior paint. This clean and neat rental property could also be re-converted to a large single-family home with historic cha

Last Agent to Sell the Property

John Wischmeier

Realty One Group Dream Listed on: 05/19/2015

Realty One Group Dream

Last Buyer's Agent

John Wischmeier

Realty One Group Dream Listed on: 05/19/2015

Realty One Group Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1910

Lot Details

  • 150 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • 1,744 Sq Ft Home
  • Triplex
  • Bungalow
  • Vinyl Siding

Community Details

  • Thomas Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Tax Lot 52
  • Assessor Parcel Number 039524130017100005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,714

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1910
  • Building Area Total: 1744
  • Lot Size Acres: 0.189
  • Structure Type: Triplex
  • Subdivision Name: Thomas
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: johnw@onedream.house
  • Special Features: None

Interior Features

  • Living Area: 1744
  • Owner Pays: Gas, Water
  • Main Level Sq Ft: 1744
  • SqFt Total: 1744

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 99900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: 1 Car Space

Utilities

  • Utilities: Cable Available
  • Laundry Features: Other
  • Security Features: Fire Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 150
  • Parcel Number: 039524130017100005

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 1930
  • Gross Income: 1930
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1714
  • Tax Lot: 52
  • Semi Annual Property Tax Amt: 857
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jan 14, 2016
Sold by
Radius Capital Llc
Bought by
Doup Phillip C
Seller's Agent
John Wischmeier
Realty One Group Dream
Buyer's Agent
John Wischmeier
Realty One Group Dream
List Price
$109,900
Sold Price
$86,500
Premium/Discount to List
-$23,400
-21.29%
Current Estimated Value
$218,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,701
Avg. Annual Appreciation
9.69%

Purchase Details

Listed on
Oct 4, 2013
Closed on
May 16, 2014
Sold by
Lemley Max B and Lemley Christine P
Bought by
Nugent Mark
Seller's Agent
Annette Donica Blythe
RE/MAX Real Estate Prof
Buyer's Agent
Nelson Watson
CENTURY 21 Breeden REALTORS®
List Price
$135,000
Sold Price
$56,000
Premium/Discount to List
-$79,000
-58.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.94%
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
Doup Phillip C -- Attorney
Nugent Mark $56,000 Stewart Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $86,500 0.0% $50 / Sq Ft
11/16/2015 11/16/15 Off Market $86,500 -- --
11/15/2015 11/15/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $109,900 +96.3% $63 / Sq Ft
05/19/2014 05/19/14 Sold $56,000 -58.5% $103 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $135,000 -- $248 / 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 $3,036 $135,000 $51,000 $84,000
2023 $3,304 $145,500 $58,300 $87,200
2022 $3,291 $145,400 $58,300 $87,100
2021 $2,401 $105,100 $26,000 $79,100
2020 $1,874 $82,200 $26,000 $56,200
2019 $1,699 $79,700 $26,000 $53,700
2018 $1,933 $76,200 $26,000 $50,200
2017 $1,574 $72,300 $23,600 $48,700
2016 $1,579 $72,300 $23,600 $48,700
2014 $1,591 $76,500 $23,600 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21354404

MIBOR Broker Listing Cooperative®

APN: 03-95-24-130-017.100-005