NOT LISTED FOR SALE

16002 E 186th St Noblesville, IN 46060

-- Bed
-- Bath
-- Sq Ft
6.23 Acres

Last Sold April 12, 2016

Last sale price $470,000

26 Days on Market

About This Home

As of April 2016

Fabulous Hamilton Co Investment Opportunity w/Outstanding Positive Cash Flow! 6.23 Acres w/10 Custom "Stick Built" Individual Homes that Rent for $650-$750 Per Month Per Home...$6,500-$7,500 in Monthly Gross Income($70,000-$90,000 Per Year)! The homes range in size from 1,040-1,080 sq ft per home. There are three additional "lots" that could be built on. Each tenant pays their own utilities and maintains their own yards. (Also potential to plat and sell the homes individually)See agent remarks

Last Agent to Sell the Property

Craig Sharpe

Berkshire Hathaway Home License #RB14010221 Listed on: 11/02/2015

Berkshire Hathaway Home

Last Buyer's Agent

Ted Moss

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,910

Year Built

  • Built in 1988

Lot Details

  • 6.23 Acre Lot

Parking

  • Gravel Driveway

Interior Spaces

  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Tenant pays for electricity insurance lawncare all utilities
  • The owner pays for insurance taxes trash collection
  • Assessor Parcel Number 290829000051000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,910

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Ranch,TradAmer
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1988
  • Lot Size Acres: 6.23
  • Road Frontage Type: County Road,Private Road
  • Road Surface Type: Asphalt,Gravel
  • Structure Type: FreeStand
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Fabulous Hamilton Co Investment Opportunity w/Outstanding Positive Cash Flow! 6.23 Acres w/10 Custom "Stick Built" Individual Homes that Rent for $650-$750 Per Month Per Home...$6,500-$7,500 in Monthly Gross Income($70,000-$90,000 Per Year)! The homes range in size from 1,040-1,080 sq ft per home. There are three additional "lots" that could be built on. Each tenant pays their own utilities and maintains their own yards. (Also potential to plat and sell the homes individually)See agent remarks
  • Transaction Type: Sale
  • Unit Count: 10
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance,Taxes,Trash Collection
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 271379
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding,Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Crawl Space
  • List Price: 489000
  • Road Access: CountyRd,PrivateRd
  • Interstate: Ramp>5mi

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 20000
  • Insurance Expenses: 5100

Lot Info

  • Current Use: Residential
  • Parcel Number: 290829000051000016
  • Acres: 5-10 Acres
  • Lot Information: Access Street,Cul-De-Sac,Irregular,Rural In Subdivision,Rural No Subdivision
  • Lot Number: N/A
  • Lot Size: 271,379

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Insurance,Lawncare,All Utilities

Multi Family

  • Net Operating Income: 55000
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 6910
  • Semi Annual Property Tax Amt: 3455
  • Tax Exemption: None

MLS Schools

  • School District: Hamilton Southeastern

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $470,000 0.0% --
11/30/2015 11/30/15 Off Market $470,000 -- --
11/29/2015 11/29/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $489,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Craig Sharpe

    Seller's Agent in 2016

    Craig Sharpe

    Berkshire Hathaway Home

    (317) 506-2357

    74 Total Sales

    Craig Sharpe
    Section Image

  • T

    Buyer's Agent in 2016

    Ted Moss

    Berkshire Hathaway Home

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21385480

MIBOR Broker Listing Cooperative®
Indiana Hamilton County Noblesville 46060

16002 E 186th St, Noblesville, IN

This home is located at 16002 E 186th St, Noblesville, IN 46060 since 02 November 2015. This property was built in 1988. 16002 E 186th St is a home located in Hamilton County with nearby schools including Durbin Elementary School, Fall Creek Intermediate School, and Hamilton Southeastern High School.

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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