NOT LISTED FOR SALE

125 S Washington St Delphi, IN 46923

Estimated Value: $161,837

2 Beds
2.5 Baths
4,720 Sq Ft
$34/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $157,500 $33 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,078/month

54 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Ceiling height of 9 feet or more

About This Home

As of February 2024

Here's your chance to own the best known building in Delphi! Ideally located on the corner of Washington Street and SR 18, this building offers 3 floors of endless possibilities for commercial, retail, or residential opportunities. Add your touches to the many improvements already done (see document attached to listing for details of improvements). Second and third floors are currently set up to be apartments (currently vacant). Two sets of appliances are included with the property as are various glass pieces cut to fit specific windows and ceramic floor tile. There is a bank safe in the basement that will convey. Several restaurant quality tables and chairs are also available. Property has an Easement Agreement with the adjoined building granting access up back staircase. Open space at the top of the stairs belongs to adjoined building. NIPSCO in process of updating gas lines. Camflo will initiate boiler after NIPSCO is finished; currently heated by electric heaters.

Last Listed By

Sirena Conway

Indiana Integrity REALTORS Brokerage Email: kbrewer192@aol.com Listed on: 12/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1870

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Dimensions are 20 x 59
  • Corner Lot

Home Design

  • Masonry Siding
  • Stone Exterior Construction
  • Masonry

Interior Spaces

  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 08-06-29-020-033.000-007

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1870
  • Age: 154
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 017-20033-00 DELPHI OP S3 OF W2 OF LOT 50
  • Parcel Number ID: 08-06-29-020-033.000-007
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+
  • Parcel Id2: 017-20033-00
  • Road Surface: Paved
  • Sp Lp Percent: 92.65
  • Zoning Description: B-3, Central Business
  • Year Taxes Payable: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5320
  • Total Finished Sq Ft: 4720
  • Above Grade Finished Sq Ft: 4720
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 33.37
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 600
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone, Masonry
  • Stories: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Radiator
  • Sewer: Public
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 20 X 59
  • Estimated Lot Sq Ft: 1176
  • Estimated Lot Size Acres: 0.027

Tax Info

  • Annual Property Tax: 2043

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Feb 7, 2024
Sold by
Longman Andrew
Bought by
Schambers David
Seller's Agent
Sirena Conway
Indiana Integrity REALTORS
Buyer's Agent
Nate Gustus
Keller Williams Commercial
List Price
$170,000
Sold Price
$157,500
Premium/Discount to List
-$12,500
-7.35%
Total Days on Market
54
Views
70
Current Estimated Value
$161,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,337
Avg. Annual Appreciation
2.16%
Original Mortgage
$97,500
Outstanding Balance
$94,872
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$66,965

Purchase Details

Closed on
Jul 15, 2003
Sold by
Wheeler John P and Wheeler Claudia D
Bought by
Longman Andrew

Purchase Details

Closed on
Dec 9, 1999
Sold by
Wwwroten Jack A Estate
Bought by
Wheeler John P

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
Schambers David $157,500 Metropolitan Title
Longman Andrew $65,000 --
Wheeler John P $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schambers David $97,500
Previous Owner Longman Andrew $14,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $157,500 -7.4% $33 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $170,000 -- $36 / 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 $2,157 $90,400 $11,900 $78,500
2023 $2,028 $77,200 $11,900 $65,300
2022 $1,705 $64,100 $11,900 $52,200
2021 $1,818 $62,000 $11,900 $50,100
2020 $1,860 $62,000 $11,900 $50,100
2019 $1,860 $62,000 $11,900 $50,100
2018 $1,797 $59,900 $11,900 $48,000
2017 $1,683 $56,100 $6,300 $49,800
2016 $1,494 $49,800 $6,300 $43,500
2014 $1,398 $46,600 $5,800 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202344077

Indiana Regional MLS

APN: 08-06-29-020-033.000-007