NOT LISTED FOR SALE

131 E Franklin St Winchester, IN 47394

Estimated Value: $57,000

7 Beds
5 Baths
4,926 Sq Ft
$12/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $55,000 $11 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $357/month

9 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Tile Flooring
  • Covered Patio or Porch
  • Built-in Bookshelves
  • Landscaped

About This Home

As of May 2019

Great Investment opportunity! This triplex has many updates and is in a great neighborhood. There are two vacant units and one long term tenant in place.

Last Agent to Sell the Property

Tim Passmore

Tarter Realty Auction and Appraisal Company Listed on: 03/28/2019

Co-Listed By

Paul Faddis

Tarter Realty Auction and Appraisal Company

Last Buyer's Agent

Paul Faddis

Tarter Realty Auction and Appraisal Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55 x 120
  • Landscaped
  • Corner Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Or Baker Elementary School
  • Driver Middle School
  • Winchester High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, heating, water
  • The owner pays for sewer
  • Assessor Parcel Number 68-09-20-180-152.000-021

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $3,000
  • Fuel Expense $3,000
  • Water Sewer Expense $1,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: 50' E End Lot 8 E FT & 50' E End S 1/2 Lot 5 E FT
  • Parcel Number ID: 68-09-20-180-152.000-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Built-In Bookcase, Cable Ready, Ceiling-9+, Countertops-Laminate, Eat-In Kitchen, Landscaped, Patio Covered, Storm Doors
  • Special Features: None

Interior Features

  • Total Sq Ft: 6026
  • Total Finished Sq Ft: 4926
  • Above Grade Finished Sq Ft: 4926
  • Below Grade Sq Ft: 1100
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Total Below Grade Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3000
  • Annual Fuel Expense: 3000
  • Annual Water Sewer Expense: 1020
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3

Schools

  • Elementary School: Or Baker

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 55 x 120
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Owner Pays: Sewer
  • Tenant Pays: Cable, Electric, Heating, Water

Tax Info

  • Annual Property Tax: 2304

Multi Family

  • Number Of Units: 3
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Winchester
  • Middle School: Driver
  • School District: Randolph Central School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 28, 2019
Sold by
Reeves Vivian
Bought by
Culbertson Eric D and Wise Amy
Seller's Agent
Tim Passmore
Tarter Realty Auction and Appraisal Company
Buyer's Agent
Paul Faddis
Tarter Realty Auction and Appraisal Company
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000

Purchase Details

Closed on
May 7, 2018
Sold by
Mae Rowena
Bought by
Reeves Vivian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Culbertson Eric D -- None Available
Reeves Vivian -- None Available
Reeves Vivian -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $55,000 -15.3% $11 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $64,900 -- $13 / 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
2020 $213 $7,100 $7,100 $0
2019 -- $104,600 $7,100 $97,500
2018 -- $115,200 $6,500 $108,700
2017 -- $108,600 $5,600 $103,000
2016 -- $108,600 $5,600 $103,000
2014 -- $108,200 $7,700 $100,500
2013 -- $104,700 $7,700 $97,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tim Passmore

    Tarter Realty Auction and Appraisal Company

  • Paul Faddis

    Seller Co-Listing Agent in 2019

    Paul Faddis

    Tarter Realty Auction and Appraisal Company

    (765) 994-8533

    144 in this area

    364 Total Sales

    Paul Faddis
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Map

Source: Indiana Regional MLS

MLS Number: 201910990

Indiana Regional MLS

APN: 68-09-20-180-152.000-021

Indiana Randolph County Winchester 47394

131 E Franklin St, Winchester, IN

Not Listed for Sale

MultiFamily

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