NOT LISTED FOR SALE

123 E Hoop St Flora, IN 46929

18 Beds
9 Baths
7,200 Sq Ft
0.6 Acre Lot

Sale Details

Date 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

Keller Williams Lafayette

Keller Williams Lafayette

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1976

Lot Details

  • 25,962 Sq Ft 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

0.6 Acres

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.
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- $60 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,154 $96,500 $19,600 $76,900
2024 $1,154 $60,900 $19,600 $41,300
2023 $1,012 $59,000 $16,200 $42,800
2022 $1,012 $50,600 $16,200 $34,400
2021 $980 $49,000 $16,200 $32,800
2020 $980 $49,000 $16,200 $32,800
2019 $1,074 $52,100 $23,300 $28,800
2018 $1,126 $54,800 $23,300 $31,500
2017 $1,225 $59,600 $23,300 $36,300
2016 $1,262 $61,400 $23,300 $38,100
2014 $1,324 $66,100 $9,200 $56,900
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202414783

Indiana Regional MLS
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