NOT LISTED FOR SALE

1663 W State Road 38 Sheridan, IN 46069

Estimated Value: $137,000 - $178,000

4 Beds
2 Baths
640 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $79,900 $125 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $985/month

1 Day on Market

About This Home

As of March 2021

Investment opportunity - duplex only 10 minutes from downtown Westfield, 1 mile east of Sheridan on SR 38. Each half is 640 Sq ft, with 2 beds, 1 bath. Gravel parking lot in front of the home. Currently one side has tenant. Vacant side has reglazed tub and new carpet. Only vacant side is currently available to see, rented side can be seen after accepted offer.

Last Agent to Sell the Property

Tina Floyd-Snodgrass

Homeward Bound Realty LLC License #RB14026166 Listed on: 03/05/2021

Homeward Bound Realty LLC

Last Buyer's Agent

Jeffrey Cornwell

Cornwell Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1978

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • 2-Story Property
  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 290504000022000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,430

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other, Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1978
  • Lot Size Acres: 0.18
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investment opportunity - duplex only 10 minutes from downtown Westfield, 1 mile east of Sheridan on SR 38. Each half is 640 Sq ft, with 2 beds, 1 bath. Gravel parking lot in front of the home. Currently one side has tenant. Vacant side has reglazed tub and new carpet. Only vacant side is currently available to see, rented side can be seen after accepted offer.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Other
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • List Price: 99900

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 290504000022000001
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Rural No Subdivision
  • Lot Number: 0
  • Lot Size: 59x165

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1430
  • Semi Annual Property Tax Amt: 715
  • Tax Exemption: None

MLS Schools

  • School District: Sheridan Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 19, 2021
Sold by
Flint Sharon
Bought by
Young Kenneth J
Seller's Agent
Tina Floyd-Snodgrass
Homeward Bound Realty LLC
Buyer's Agent
Jeffrey Cornwell
Cornwell Realty
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%
Current Estimated Value
$153,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,789
Avg. Annual Appreciation
21.45%

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 17, 2021
Sold by
J & S Flint Properties Llc
Bought by
Flint Sharon
Seller's Agent
Tina Floyd-Snodgrass
Homeward Bound Realty LLC
Buyer's Agent
Jeffrey Cornwell
Cornwell Realty
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%

Purchase Details

Closed on
Dec 3, 2015
Sold by
Flint Jeff and Flint Sharon
Bought by
The J & S Flint Properties Llc

Purchase Details

Closed on
Dec 10, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Flint Jeff and Flint Sharon

Purchase Details

Closed on
Sep 25, 2008
Sold by
Giordano James E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 12, 2006
Sold by
Giordano James E
Bought by
Giordano Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 7, 2005
Sold by
Giordano Realty Group Llc
Bought by
Giordano James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 27, 2005
Sold by
Heron Douglas P and Heron Melanie K
Bought by
Giordano Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Young Kenneth J -- Mtc
Flint Sharon -- Mtc
The J & S Flint Properties Llc -- Attorney
Flint Jeff -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $32,378 None Available
Giordano Realty Group Llc -- None Available
Giordano James E -- --
Giordano Realty Group Llc -- Pinnacle Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kenneth J $160,000
Closed Young Kenneth J $100,000
Previous Owner Flint Jeff $100,000
Previous Owner Giordano Realty Group Llc $14,000
Previous Owner Giordano Realty Group Llc $83,500
Previous Owner Giordano Realty Group Llc $92,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $79,900 -20.0% $125 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $99,900 -- $156 / 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 $1,762 $98,500 $18,400 $80,100
2023 $1,777 $95,300 $18,400 $76,900
2022 $1,628 $86,400 $18,400 $68,000
2021 $1,520 $78,500 $14,900 $63,600
2020 $1,390 $72,900 $14,900 $58,000
2019 $1,444 $76,000 $9,700 $66,300
2018 $3,929 $77,400 $9,700 $67,700
2017 $2,816 $73,200 $9,700 $63,500
2016 $1,307 $71,400 $9,700 $61,700
2014 $1,288 $66,500 $9,000 $57,500
2013 $1,288 $70,000 $9,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21768356

MIBOR Broker Listing Cooperative®

APN: 29-05-04-000-022.000-001