NOT LISTED FOR SALE

123 N Main St Unit 121 N Main St Hutchinson, KS 67501

Estimated Value: $421,687

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 20, 2023

Current estimated payment $2,978/month

61 Days on Market

Highlights

  • Multiple cooling system units
  • Baseboard Heating
  • 2-minute walk to DCI Park
  • Central Heating and Cooling System

About This Home

As of October 2023

The beautiful 1888 European Hotel in Downtown Hutchinson was the former 20-room hotel now restored into 4 occupied apartments and all range in size from around 875 square feet to 1,300 square feet. This property is on the National Historic Register and Armstrong’s Antiques helped furnish the halls and apartments with light housings identical to an 1880s hotel. Each unit has several Mini split systems to supply the heating and air conditioning in the hallways and apartments. Every unit has a refrigerator, electric stove, microwave, dishwasher, disposal and stackable washer and dryer. Located in Downtown Hutchinson and is a perfect location for walking to and from the Fox Theatre and places to eat. Main floor is a great commercial site which is currently a thriving bookstore with several rooms, sitting areas and 2 public restrooms. The Safe Room is located on the main floor and can be accessed by all tenants. Tenants can use the secured front or back doors of the building to access the stairs or the elevator to access all levels. Each level does have the Heritage Fire Sprinklers.

Last Agent to Sell the Property

Kelly Polson

PLAZA/ASTLE REALTY License #SP00231903 Listed on: 07/27/2023

Last Buyer's Agent

BRENDA KING

Coldwell Banker Americana, Realtors License #SP00224560

Coldwell Banker Americana, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,849

Year Built

  • Built in 1888

Lot Details

  • 3,920

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof
  • Synthetic Stucco Exterior

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • City Lot

Schools

  • Mccandless Elementary School
  • Hutchinson Middle School
  • Hutchinson High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1261302010012000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,849

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: Multifamily
  • Type: 4 Family
  • Estimated Age: 81+ Years
  • Lvt Date: 07/28/2023
  • Take Photo: Complete
  • Year Built: 1888
  • Miscellaneous: Bathroom(s)-Private, Deposit-Damages, Elevator In Building, Heat & Air-Individual, Laundry-Each Un. (Hkups), Outside Entry-Common, Reserved Items, Water Heater-Individual
  • Net Sale: 400000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Concrete Slab
  • Basement Storm Shelter: Yes

Exterior Features

  • Construction: Synthetic Stucco
  • Roofing: Tar And Gravel

Garage/Parking

  • Parking Facilities: Street Parking, Off Street Parking

Utilities

  • Central Air Conditioning: Yes
  • Central Heat: Yes
  • Cooling: 2+ Systems
  • Heating: Baseboard
  • Sewer: City Sewer, Included In Lease/Rent
  • Solid Waste: 106
  • Water: City Water, Included In Lease/Rent
  • Electricity: Included In Lease/Rent, Meter-Separate
  • Natural Gas: Meter-Separate, Tenant-Paid

Schools

  • Elementary School: McCandless
  • Middle School: Hutchinson
  • High School: Hutchinson
  • Elementary School Area: McCandless

Lot Info

  • Lot Dimensions: 6,750 SF
  • Lot Type: City Lot
  • Parcel Id Number: 1261302010012000
  • Geo Subdivision: KS
  • Geo Zone: Hutchinson SW

Rental Info

  • Common/Shared Amenities Included in Rent: Security Lighting, Storm Shelter
  • Utilities/Services Included in Rent: Trash Collection, Water/Sewer

Tax Info

  • General Taxes: 8742.54
  • Total Property Taxes: 8848.54
  • Tax Year: 2022

Multi Family

  • Ind Unit Appl Equip: Appliances & Equip.-All, Clothes Dryer-Electric, Clothes Washer, Dishwasher, Disposal, Microwave, Oven/Range-Electric, Refrigerator, Water Heater-Electric, Fire Alarm, Fire Walls, Sprinkler System, Smoke/Heat/Co Detector
  • Ind Unit Features: Unfurnished, Extra Storage, Family Room, Flooring-Ceramic Tile, Flooring-Wood, Window Cov.-Some (See Rm)
  • Number1 Bedrms Rent Per Month: 2 @ $950/mth
  • Number2 Bedrms Rent Per Month: 1 @ $800/mth
  • Number3 Bedrms Rent Per Month: 1 @ $1200/mth
  • Number Of Units: 4
  • Number Studios Rent Per Month: 0 @ $0.00/mth

MLS Schools

  • Elementary School: McCandless
  • HighSchool: Hutchinson
  • Middle School: Hutchinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2009
Bought by
Bartlett Properties Llc
Total Days on Market
61
Current Estimated Value
$421,687
Source: Public Records

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Range of Values:

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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
Bartlett Properties Llc $53,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold -- -- --
09/26/2023 09/26/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $450,000 -- --
Source: Mid-Kansas 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 $8,877 $54,516 $3,000 $51,516
2023 $8,210 $50,136 $3,188 $46,948
2022 $8,849 $53,150 $3,188 $49,962
2021 $8,688 $50,493 $3,188 $47,305
2020 $8,921 $51,232 $3,188 $48,044
2019 $8,779 $50,094 $3,188 $46,906
2018 $6,057 $49,230 $3,188 $46,042
2017 $11,223 $64,092 $3,188 $60,904
2016 $11,308 $64,557 $3,188 $61,369
2015 $3,466 $19,526 $3,188 $16,338
2014 $3,226 $18,751 $2,813 $15,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid-Kansas MLS

MLS Number: 48928

Mid-Kansas MLS

APN: 126-13-0-20-10-012.00