NOT LISTED FOR SALE

1540 S Center St Unit Strawberry Hill Sub. Terre Haute, IN 47802

Farringtons Grove Neighborhood

Estimated Value: $103,000 - $201,000

4 Beds
4 Baths
2,788 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $63,000 $23 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $970/month

95 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Ceiling Fan
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of April 2015

Nice, well maintained 4 unit apartment building in Farrington Grove. Strong rental history with low vacancy rate. Vinyl sided exterior, updated vinyl clad thermopane windows and a new roof in 2010. Tenants pay own electric (separate meters) and landlord pays gas, water and sewer. 1540 & 1542 have access to basement for storage use and washer and dryer hookups. Tenants also have access to 2 car detached garage for storage. Two GFA furnaces and hot water heaters, one serving North 1/2 and other serving South 1/2 of building. YTD expenses per owner average Gas $151/mo, Water $83/mo, Sewer $100/mo, Insurance $71/mo.. Looking for a sound real estate investment? Please call David Boeglin at 812-249-6798 to arrange to see inside.

Last Agent to Sell the Property

DAVID BOEGLIN

REMAX R.E.A. License #RB14009202 Listed on: 10/31/2014

Last Buyer's Agent

HOUSE CBRG

COLDWELL BANKER REAL ESTATE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1885

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40 x 166

Parking

  • 2 Car Detached Garage

Home Design

  • Quadruplex
  • Vinyl Siding

Interior Spaces

  • 2,788 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Electric Oven or Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • Farrington Grov Elementary School
  • Sarah Scott Middle School
  • Terre Haute South High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $18,240

Listing and Financial Details

  • Assessor Parcel Number 84-06-28-483-010.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1885

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1540 S Center Street
  • OFFICELIST_ADDRESS2: Strawberry Hill Sub. Lot 48
  • Second Address Number: 1540
  • Home Sale Contingency: No
  • Directions: North of Hulman Street, South of Washington Street.
  • New Construction: No
  • Property Includes: 4 Ranges, 4 Refrigerators, 4 AC Units, Smoke Alarms
  • OFFICELIST_STATE: IN
  • Street Designation: Street
  • Building Style: 2 Story
  • FILLSUBDIVISION: None
  • Year Built: 1885
  • Parcel1Number: 84-06-28-483-010.000-002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Yes
  • Foreclosure: No
  • Appliances: Refrigerator, Elec. Range/Oven
  • Basement Foundation: Full Basement
  • Interior Amenities: Hardwood Floors, Ceiling Fan(s), Smoke Detector
  • Laundry: See Remarks
  • Estimated Total Finished Sq Ft: 2788
  • Basement Type: Fourplex
  • Fuel Type: Natural Gas
  • Actual Gross Annual Income: 18240

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Paved Street
  • Number of Acres: 0.15
  • Balcony/Porch/Patio: Porch Covered

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached

Utilities

  • Cooling: Wall/Window Unit
  • Heating: Natural Gas, Forced Air
  • Sewer: City Sewer
  • Water Source: City Water

Condo/Co-op/Association

  • Units in Building: 4

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1404

Schools

  • Elementary School: Farrington Grov
  • High School: Terre Haute South
  • Middle School: Sarah Scott

Lot Info

  • Lot Size: 40 x 166
  • Zoning: R-2

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Apr 10, 2015
Sold by
Federle Charles E
Bought by
Wilkinson Elizabeth C and Wilkinson Darren L
Seller's Agent
DAVID BOEGLIN
REMAX R.E.A.
Buyer's Agent
HOUSE CBRG
COLDWELL BANKER REAL ESTATE GROUP
List Price
$69,500
Sold Price
$63,000
Premium/Discount to List
-$6,500
-9.35%
Current Estimated Value
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,000
Avg. Annual Appreciation
8.70%
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
Wilkinson Elizabeth C $63,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $63,000 -9.4% $23 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $69,500 -- $25 / Sq Ft
Source: Terre Haute Area Association of REALTORS®

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 $2,097 $97,000 $6,000 $91,000
2023 $2,097 $97,000 $7,100 $89,900
2022 $2,091 $96,700 $6,900 $89,800
2021 $1,994 $92,200 $6,800 $85,400
2020 $2,076 $96,000 $7,200 $88,800
2019 $1,990 $92,200 $6,800 $85,400
2018 $2,766 $92,200 $6,800 $85,400
2017 $1,332 $66,600 $9,100 $57,500
2016 $1,332 $66,600 $9,100 $57,500
2014 $1,404 $70,200 $8,400 $61,800
2013 $1,404 $70,200 $8,400 $61,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Terre Haute Area Association of REALTORS®

MLS Number: 74818

APN: 84-06-28-483-010.000-002