NOT LISTED FOR SALE

154 N Whitelock Ave Petersburg, IN 47567

48 Beds
24 Baths
21,212 Sq Ft
3.54 Acres

Last Sold May 08, 2023

Last sale price $1,270,000 $60 Per Sq Ft

7 Days on Market

Highlights

  • ADA Inside
  • Level Lot
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Maintained 3 building 24 unit apartment complex built in 1982,2000, & 2001. Sitting on just over 3.5 acres this property has room for expansion. Each building has 8 two bedroom one bath apartments with washer and dryer hookups. Tenants pay water, sewage, and electric.

Last Agent to Sell the Property

Adam Boyd

BOYD REALTY & DEVELOPMENT LLC Listed on: 02/28/2023

Co-Listed By

Darwin Fleagle

Home & Harvest Properties LLC

Last Buyer's Agent

Adam Boyd

BOYD REALTY & DEVELOPMENT LLC Listed on: 02/28/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $20,012

Year Built

  • Built in 1982

Lot Details

  • 3.54 Acre Lot
  • Lot Dimensions are 440x335
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 21,212 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 48 Bedrooms
  • 24 Full Bathrooms

Parking

  • 48 Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • ADA Inside

Schools

  • Petersburg Elementary School
  • Pike Central Middle School
  • Pike Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for building insurance, electric, heating, water
  • The owner pays for maintenance, trash collection
  • Assessor Parcel Number 63-02-27-439-064.000-012

Community Details

Overview

  • 3 Buildings
  • 24 Units

Building Details

  • 24 Separate Electric Meters
  • 24 Separate Water Meters
  • Electric Expense $90
  • Insurance Expense $13,364
  • Maintenance Expense $11,441
  • Trash Expense $3,000
  • Water Sewer Expense $90

Property Details

Home Type

Apartment

Est. Annual Taxes

$20,012

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1982
  • Age: 41
  • Style: Two Story
  • Bedrooms: 48
  • Number Above Grade Bedrooms: 48
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: 012-00401-00 PT SW 27 1N 8 2.83A 011-00098-00 PT SW 27 1N 8 .71A
  • Parcel Number ID: 63-02-27-439-064.000-012
  • Platted: Yes
  • Amenities: ADA Features, Off Street Parking, Water Heater Electric
  • Parcel Id2: 63-02-27-300-013.000-011
  • Sp Lp Percent: 87.59
  • Annual Miscellaneous: 550
  • Monthly Gross Income: 14775
  • Year Taxes Payable: 2022-2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 21212
  • Total Finished Sq Ft: 21212
  • Above Grade Finished Sq Ft: 21212
  • Price Per Sq Ft: 59.87
  • Flooring: Carpet, Mixed, Vinyl
  • Number Of Disposals: 18
  • Number Of Ranges Ovens: 24

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 48
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 90
  • Annual Insurance Expense: 13363.83
  • Annual Maintenance Expense: 11441
  • Annual Trash Expense: 3000
  • Annual Water Sewer Expense: 90
  • Number Electric Meters: 24
  • Number Of W D Hookups: 24
  • Number Water Meters: 24

Schools

  • School District: Pike County School Corp.
  • Elementary School: Petersburg
  • Middle School: Pike Central
  • High School: Pike Central
  • Elementary School: Petersburg

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 440x335
  • Estimated Lot Sq Ft: 154202
  • Estimated Lot Size Acres: 3.54

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Trash Collection
  • Tenant Pays: Building Insurance, Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 14775
  • Number Of Dryers: 24
  • Number Of Refrigerators: 24
  • Number Of Units: 24
  • Number Of Washers: 24
  • Num Of2 Bedrooms: 24
  • Num Of Units Rented: 24

Tax Info

  • Annual Property Tax: 20012

MLS Schools

  • High School: Pike Central
  • Middle School: Pike Central
  • School District: Pike County School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $1,270,000 -12.4% $60 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $1,450,000 -- $68 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Boyd

    Seller's Agent in 2023

    Adam Boyd

    BOYD REALTY & DEVELOPMENT LLC

    (812) 582-2486

    115 Total Sales

    Section Image
  • Darwin Fleagle

    Seller Co-Listing Agent in 2023

    Darwin Fleagle

    Home & Harvest Properties LLC

    (812) 787-1032

    86 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202305715

Indiana Regional MLS

Indiana Pike County Petersburg 47567

154 N Whitelock Ave, Petersburg, IN

This home is located at 154 N Whitelock Ave, Petersburg, IN 47567 since 28 February 2023. This property was built in 1982. 154 N Whitelock Ave is a home located in Pike County with nearby schools including Pike Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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