NOT LISTED FOR SALE

1303 E Vandalia Rd Flat Rock, IN 47234

Estimated Value: $154,000 - $190,000

1 Bed
1 Bath
-- Sq Ft
1 Acres

Last Sold March 16, 2023

Last sale price $166,000

Est. 6% increase in value since last sale

Current estimated payment $1,036/month

3 Days on Market

Highlights

  • Bungalow
  • Shed
  • 1-Story Property
  • Laundry closet

About This Home

As of March 2023

Great investment opportunity! Get all 3 units/cabins for the price of 1! All 3 units are located on a quiet 1 ac lot. Each unit has been well maintained and updated. All 3 are separately metered and have private parking outside each unit. 2 large sheds/mini barns will stay on the property for new owners. These are true turnkey units perfect for any investor....

Last Agent to Sell the Property

Annette Nasby

Runnebohm Realty, LLC License #RB15000538 Listed on: 03/01/2023

Last Buyer's Agent

Annette Nasby

Runnebohm Realty, LLC License #RB15000538 Listed on: 03/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 1

Home Design

  • Triplex
  • Bungalow
  • Wood Foundation

Interior Spaces

  • 1-Story Property
  • Laundry closet

Outdoor Features

  • Shed
  • Storage Shed

Additional Features

  • 1 Acre Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, lawncare, taxes
  • Tax Lot 16
  • Assessor Parcel Number 731516300026000021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1960
  • Lot Size Acres: 1
  • Structure Type: FreeStand
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: annienasby@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance, Lawncare, Taxes
  • Gross Area Sq Ft: 480
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Direction Faces: West
  • Exterior Features: Barn Mini, Storage Shed
  • Foundation Details: Wood
  • List Price: 158000
  • Property Condition: Updated/Remodeled
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Gravel
  • Unit Parking: 1 Car Garage

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Solid Waste: No

Fee Information

  • Expenses: 1500

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Current Use: See Remarks
  • Lot Size Sq Ft: 43560
  • Parcel Number: 731516300026000021
  • Zoning: A
  • Acres: 1/2-1 Acre
  • Price Acre: 166000

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 20000
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 600
  • Tax Lot: 16
  • Semi Annual Property Tax Amt: 300
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 16, 2023
Sold by
Bergen Tina A and Bergen Brian L
Bought by
Winding Road Management Llc
Seller's Agent
Annette Nasby
Runnebohm Realty, LLC
Buyer's Agent
Annette Nasby
Runnebohm Realty, LLC
List Price
$158,000
Sold Price
$166,000
Premium/Discount to List
$8,000
5.06%
Views
35
Current Estimated Value
$175,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,154
Avg. Annual Appreciation
4.41%
Source: Public Records

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
Winding Road Management Llc $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winding Road Management Llc $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $166,000 +5.1% --
03/05/2023 03/05/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $158,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $829 $70,400 $24,200 $46,200
2023 $776 $68,600 $24,200 $44,400
2022 $725 $60,200 $21,200 $39,000
2021 $726 $57,200 $21,200 $36,000
2020 $722 $56,900 $21,200 $35,700
2019 $651 $55,000 $20,800 $34,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21908260

MIBOR Broker Listing Cooperative®

APN: 73-15-16-300-026.000-021