NOT LISTED FOR SALE

125 E Sherman St Redkey, IN 47373

Estimated Value: $107,000 - $116,583

4 Beds
2 Baths
1,917 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $113,500 $59 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $696/month

74 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Double Pane Windows
  • Corner Lot
  • Eat-In Kitchen
  • Double Vanity

About This Home

As of December 2024

Great opportunity to own this newly remodeled duplex on a corner lot in Redkey. Live in the 3BR downstairs living area while using the 1 BR upstairs apartment, with a completely separate access in the back, to rent out to help make your mortgage payment! Or get even more income by renting out both areas. Seller is also open to selling additional adjacent lots if you would prefer a larger yard. Just a few of the many updates you'll find are a new furnace, water heater, plumbing, electric, and breaker boxes.

Last Listed By

Mark Leavell

Leavell Real Estate Brokerage Phone: 260-729-7040 Listed on: 09/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $838

Year Built

  • Built in 1886

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 84x50
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,917 Sq Ft Home
  • 1.5-Story Property
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Redkey Elementary School
  • Jay County Middle School
  • Jay County High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 38-09-24-203-031.000-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$838

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1886
  • Age: 138
  • Style: One and Half Story
  • Architectural Style: Duplex
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: E PT LOT 78; MARTHA J DAUGHERTY ADD
  • Parcel Number ID: 38-09-24-203-031.000-031
  • Platted: Yes
  • Amenities: Balcony, Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Range/Oven Hook Up Elec, Twin Sink Vanity, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Cross Street: George
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.02
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1917
  • Total Finished Sq Ft: 1917
  • Above Grade Finished Sq Ft: 1917
  • Price Per Sq Ft: 59.21
  • Basement Foundation: Crawl
  • Basement Material: Block, Poured Concrete
  • Flooring: Hardwood Floors, Carpet, Laminate
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 19x10, On Level: Main
  • Extra Room: Extra Room, Dimensions: 10x4, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 13x9, On Level: Main
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Other Room1: Upstairs Living Room, Dimensions: 13x13, On Level: Upper
  • Other Room 2: Upstairs Kitchen, Dimensions: 13x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Electric, Gas, Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Town of Redkey
  • Laundry: Dimensions: Mainx7, On Level: 14

Schools

  • School District: Jay Schools
  • Elementary School: Redkey
  • Middle School: Jay County
  • High School: Jay County
  • Elementary School: Redkey

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 84x50
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 838.06

MLS Schools

  • High School: Jay County
  • Middle School: Jay County
  • School District: Jay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 19, 2024
Sold by
Bonvillian Amos J
Bought by
Mills Leasing Group Llc
Seller's Agent
Mark Leavell
Leavell Real Estate
Buyer's Agent
Mark Leavell
Leavell Real Estate
List Price
$127,500
Sold Price
$113,500
Premium/Discount to List
-$14,000
-10.98%
Total Days on Market
74
Views
1425
Current Estimated Value
$112,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,104
Avg. Annual Appreciation
-2.68%

Purchase Details

Closed on
Jun 12, 2023
Sold by
Hart Mark T and Hart Thomas L
Bought by
Bonvillian Amos J

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
Mills Leasing Group Llc $113,500 Colren, Frantz & Sprunger
Bonvillian Amos J $15,000 Colren, Frantz & Sprunger
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $113,500 -11.0% $59 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $127,500 -- $67 / 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 $838 $29,100 $3,100 $26,000
2023 $838 $39,500 $3,100 $36,400
2022 $827 $39,900 $3,100 $36,800
2021 $800 $38,500 $2,900 $35,600
2020 $802 $38,500 $2,900 $35,600
2019 $881 $42,400 $2,900 $39,500
2018 $882 $42,300 $2,900 $39,400
2017 $860 $40,400 $2,900 $37,500
2016 $800 $38,200 $2,900 $35,300
2014 $704 $33,700 $2,900 $30,800
2013 $704 $33,200 $2,900 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202436230

Indiana Regional MLS

APN: 38-09-24-203-031.000-031