NOT LISTED FOR SALE

123 E Hoop St Flora, IN 46929

18 Beds
9 Baths
7,200 Sq Ft
0.6 Acres

Last Sold July 19, 2024

Last sale price $380,000 $53 Per Sq Ft

44 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2024

9 unit apartment complex for sale. Two units currently vacant, currently bringing in over $4,000 per month with the two vacancies. Lots of potential for value add, all units are two bedrooms and one bathroom. Washer and dryers are coin operated and owned / managed by Jetz, that lease stays with the property.

Last Agent to Sell the Property

Calvin Dykhuizen

Trueblood Real Estate Brokerage Phone: 765-426-3928 Listed on: 04/30/2024

Trueblood Real Estate

Last Buyer's Agent

Matt Hester

Elite Property Mgmt and Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1976

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 195 x 127
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 1-Story Property
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 9 Full Bathrooms

Parking

  • 9 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Carroll Elementary And Middle School
  • Carroll High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 08-10-10-019-050.000-016

Community Details

Overview

  • 9 Units

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $1,700

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,329

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1976
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 18
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: 018-19050-00 BIDDY HILL ADDITION LOT 46
  • Parcel Number ID: 08-10-10-019-050.000-016
  • Platted: Yes
  • Amenities: Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 7200
  • Total Finished Sq Ft: 7200
  • Above Grade Finished Sq Ft: 7200
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2500
  • Annual Maintenance Expense: 2000
  • Annual Trash Expense: 600
  • Annual Water Sewer Expense: 1700
  • Number Of W D Hookups: 2

Schools

  • Elementary School: Carroll

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 195 x 127
  • Estimated Lot Sq Ft: 25962
  • Estimated Lot Size Acres: 0.596

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 2329

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 9

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Carroll Cons. School Corp.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $380,000 -11.6% $53 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $430,000 0.0% $60 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $430,000 +207.1% $60 / Sq Ft
06/05/2012 06/05/12 Sold $140,000 -21.8% $22 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $179,000 -- $28 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Calvin Dykhuizen

    Seller's Agent in 2024

    Calvin Dykhuizen

    Trueblood Real Estate

    (765) 426-3928

    159 Total Sales

    Calvin Dykhuizen
    Section Image
  • Matt Hester

    Buyer's Agent in 2024

    Matt Hester

    Elite Property Mgmt and Realty

    (765) 532-5094

    31 Total Sales

    Matt Hester
    Section Image

  • B

    Seller's Agent in 2012

    Bret Rinehart

    Rinehart Real Estate

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202414783

Indiana Regional MLS
Indiana Carroll County Flora 46929

123 E Hoop St, Flora, IN

Not Listed for Sale

MultiFamily

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