NOT LISTED FOR SALE

132 E Mechanic St Shelbyville, IN 46176

Estimated Value: $147,000 - $165,000

3 Beds
2 Baths
1,985 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $49,000 $25 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,041/month

126 Days on Market

About This Home

As of July 2017

Multi unit could be turned back into a single family home. Front unit rents for $930 with 2 bedrooms, living and dining rm and kitchen. Kitchen has washer and dryer and kitchen appliances stay. The back unit is a one bedroom, kitchen and living rm and a laundry rm closet and all appliances stay and rents for $600 a month. This could be a great opportunity to have rental income. One meter, seller pays water. gas and electric.

Last Agent to Sell the Property

Penny Akers

Hoosier, REALTORS® License #RB14037935 Listed on: 02/21/2017

Co-Listed By

Howard Hollenbaugh

Hoosier, REALTORS®

Last Buyer's Agent

Eric Gaudio

Blue Sky Realty LLC License #RB14043336

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 9,548 Sq Ft Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 1,985 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable TV, insurance
  • The owner pays for electricity, gas, taxes, sewer, water
  • Assessor Parcel Number 730732300305000002

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1920
  • Co List Office Phone: 317-862-5200
  • Garage Y N: No
  • Lot Size Acres: 0.2192
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Multi unit could be turned back into a single family home. Front unit rents for $930 with 2 bedrooms, living and dining rm and kitchen. Kitchen has washer and dryer and kitchen appliances stay. The back unit is a one bedroom, kitchen and living rm and a laundry rm closet and all appliances stay and rents for $600 a month. This could be a great opportunity to have rental income. One meter, seller pays water. gas and electric.
  • Transaction Type: Sale
  • Lifestyles: Double/Duplex
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1985
  • Other Equipment: Not Applicable
  • Owner Pays: Electricity, Gas, Taxes, Sewer, Water
  • Room Count: 8
  • Eating Area: Formal Dining Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1588
  • Main Level Sq Ft: 1588
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1985
  • Below Grade Sq Ft: 397
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 57500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730732300305000002
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 62x154

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance

Tax Info

  • Tax Annual Amount: 1492
  • Semi Annual Property Tax Amt: 746
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Santos Joshua and Joshua Santos Trust
Bought by
Santostadas Indiana Llc
Current Estimated Value
$158,154

Purchase Details

Closed on
Jul 29, 2020
Sold by
3 Cord Investments Llc
Bought by
Santos Joshua and Josua Santos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2019
Sold by
Ej Rentals Llc
Bought by
3 Cord Investments Llc

Purchase Details

Listed on
Feb 21, 2017
Closed on
Aug 31, 2017
Sold by
Jay Hinrichs
Bought by
Eric Gaudio
Seller's Agent
Penny Akers
Hoosier, REALTORS®
Buyer's Agent
Eric Gaudio
Blue Sky Realty LLC
List Price
$57,500
Sold Price
$49,000
Premium/Discount to List
-$8,500
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$65,000
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jul 8, 2017
Sold by
Daniel Kerker
Seller's Agent
Penny Akers
Hoosier, REALTORS®
Buyer's Agent
Eric Gaudio
Blue Sky Realty LLC
List Price
$57,500
Sold Price
$49,000
Premium/Discount to List
-$8,500
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Santostadas Indiana Llc -- Victory Title Inc
Santos Joshua $101,000 Victory Title, Inc
3 Cord Investments Llc $80,000 Investors Title Service Inc.
Eric Gaudio $52,000 --
Ej Rentals Llc $52,000 Investors Title Service
-- $49,000 --
Capital Concepts Llc $49,000 Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Joshua $69,000
Previous Owner Ej Rentals Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $49,000 -14.8% $25 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $57,500 0.0% $29 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $57,500 -- $29 / Sq Ft
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 $2,236 $111,800 $12,000 $99,800
2023 $2,236 $111,800 $12,500 $99,300
2022 $1,908 $95,400 $10,100 $85,300
2021 $1,590 $79,500 $9,100 $70,400
2020 $1,734 $86,700 $12,400 $74,300
2019 $2,046 $102,300 $15,400 $86,900
2018 $1,294 $64,700 $10,400 $54,300
2017 $1,524 $76,200 $10,400 $65,800
2016 $1,492 $74,600 $10,400 $64,200
2014 $1,474 $73,700 $10,400 $63,300
2013 $1,474 $73,700 $10,400 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21465909

MIBOR Broker Listing Cooperative®

APN: 73-07-32-300-305.000-002