NOT LISTED FOR SALE

189 E Washington St Morgantown, IN 46160

Estimated Value: $434,005 - $456,000

4 Beds
3 Baths
3,060 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $460,000 $150 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,976/month

103 Days on Market

About This Home

As of November 2023

Proven Rental Income Opportunity in this historic home in Morgantown! Some recent property updates include: New Guttering '20, Chimney re-sealed '20, All unit furnaces and A/C units cleaned and serviced 6/23. The Garage has been converted to storage allowing space for all of your maintenance needs. Unit updates include the following: Apartment 1: New Carpet '21, New refrigerator '22, New A/C Capacitor '23. Apartment 2: New Carpet '10, New Dishwasher '22, New 40 Gal Gas Hot Water Heater '23, New A/C Capacitor '23, Apartment 3: New Refrigerator '22, New Thermostat '22. Apartments are occupied and will require 24 hours notice for showings.

Last Agent to Sell the Property

Adam Farrell

Ferris Property Group Brokerage Email: afarrell@kw.com License #RB17000926 Listed on: 06/22/2023

Co-Listed By

David Harting

Ferris Property Group Brokerage Email: afarrell@kw.com License #RB14043146

Last Buyer's Agent

Rob & Joyce Campbell

RE/MAX Advanced Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 1860

Lot Details

  • 0.34 Acre Lot

Home Design

  • Triplex
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Basement

  • Basement Cellar
  • Crawl Space

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 551425205015000013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,946

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1860
  • Co List Office Phone: 317-564-7100
  • Lot Size Acres: 0.34
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: afarrell@kw.com
  • Attribution Contact: afarrell@kw.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Levels: Two
  • Gross Area Sq Ft: 3060
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick, Crawl Space
  • Road Access: Frontage Road

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All
  • Solid Waste: Yes

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Current Use: Apt<20
  • Lot Size Sq Ft: 30056
  • Parcel Number: 551425205015000013
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4946
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2473

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Nov 28, 2023
Sold by
Davis Robert G and Davis Della V
Bought by
Zsw Property Group Llc
Seller's Agent
Adam Farrell
Ferris Property Group
Buyer's Agent
Rob & Joyce Campbell
RE/MAX Advanced Realty
List Price
$299,000
Sold Price
$460,000
Premium/Discount to List
$161,000
53.85%
Views
129
Current Estimated Value
$444,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,332
Avg. Annual Appreciation
-1.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zsw Property Group Llc $460,000 Hocker & Associates
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2023 11/28/23 Sold $460,000 +53.8% $150 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $299,000 -- $98 / 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 $7,639 $449,100 $66,600 $382,500
2023 $5,423 $359,300 $66,600 $292,700
2022 $4,945 $326,000 $44,800 $281,200
2021 $3,721 $247,500 $20,100 $227,400
2020 $3,468 $244,000 $20,100 $223,900
2019 $3,557 $245,700 $20,100 $225,600
2018 $3,072 $212,300 $20,100 $192,200
2017 $3,105 $211,800 $20,100 $191,700
2016 $3,093 $212,800 $20,100 $192,700
2014 $2,471 $210,200 $20,100 $190,100
2013 $2,471 $211,100 $20,100 $191,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Farrell

    Seller's Agent in 2023

    Adam Farrell

    Ferris Property Group

    (765) 748-5948

    25 Total Sales

    Adam Farrell
    Section Image
  • David Harting

    Seller Co-Listing Agent in 2023

    David Harting

    Ferris Property Group

    (317) 331-4075

    113 Total Sales

    David Harting
    Section Image

  • R

    Buyer's Agent in 2023

    Rob & Joyce Campbell

    RE/MAX

    Section Image
  • Rob Campbell

    Buyer's Agent in 2023

    Rob Campbell

    RE/MAX Advanced Realty

    (317) 878-5773

    92 Total Sales

    Rob Campbell
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21928258

MIBOR Broker Listing Cooperative®

APN: 55-14-25-205-015.000-013

Indiana Morgan County Morgantown 46160

189 E Washington St, Morgantown, IN

Not Listed for Sale

MultiFamily

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