NOT LISTED FOR SALE

Estimated Value: $171,000 - $174,000

2 Beds
-- Bath
810 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $55,000 $68 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,222/month

253 Days on Market

About This Home

As of March 2014

Live in one side, rent the other! Also has studio apartment/garage at back. One side rented. Your total out of pocket monthly would be $0! 2 bedroom/1 bath per side. Great location! Both units have newer gas stove, washer/dryer and refrigerator. Double lot.

Last Agent to Sell the Property

Troy Dixon

Compass Indiana, LLC Listed on: 06/27/2013

Compass Indiana, LLC

Last Buyer's Agent

Douglas Alvey

RE/MAX Advanced Realty

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1968

Lot Details

  • 10,542

Parking

  • Alley Access

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer Hookup
  • Additional Parcels

Community Details

  • Rainbow Ridge Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes, sewer, water
  • Tax Lot 795&794
  • Assessor Parcel Number 490632115158000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1968
  • Structure Type: Duplex
  • Subdivision Name: Rainbow Ridge
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: nztroydixon@compass.com
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: Taxes, Sewer, Water
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 60000

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: Other

Utilities

  • Utilities: Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Curbs
  • Additional Parcels Description: 490632115158000901
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 0.24
  • Parcel Number: 490632115158000901
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1280
  • Tax Lot: 795&794
  • Semi Annual Property Tax Amt: 640
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2014
Sold by
Rees Properties Llc
Bought by
Bakgat Llc
Current Estimated Value
$172,500

Purchase Details

Listed on
Jun 27, 2013
Closed on
Mar 28, 2014
Sold by
Dixon Troy M and Dixon Cheryl A
Bought by
Rees Paul J
Seller's Agent
Troy Dixon
Compass Indiana, LLC
Buyer's Agent
Douglas Alvey
RE/MAX Advanced Realty
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$44,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Agnew Patricia A and Estate Of Jack L Wingert
Bought by
Dixon Troy M and Dixon Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bakgat Llc -- None Available
Rees Properties Llc -- None Available
Rees Paul J $55,000 Stewart Title Co
Rees Paul J -- Stewart Title Company
Dixon Troy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rees Paul J $44,000
Previous Owner Dixon Troy M $48,800
Previous Owner Dixon Troy M $12,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $55,000 -15.4% $68 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
06/27/2013 06/27/13 For Sale $65,000 -- $80 / 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 $3,378 $145,200 $7,600 $137,600
2023 $3,378 $134,200 $7,600 $126,600
2022 $3,293 $134,200 $7,600 $126,600
2021 $2,266 $90,100 $7,600 $82,500
2020 $1,799 $77,600 $7,600 $70,000
2019 $1,765 $74,700 $7,600 $67,100
2018 $1,817 $68,900 $7,600 $61,300
2017 $1,575 $66,100 $3,800 $62,300
2016 $1,276 $59,200 $3,800 $55,400
2014 $1,164 $53,700 $3,800 $49,900
2013 $1,159 $55,600 $3,800 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21241027

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-158.000-901