NOT LISTED FOR SALE

200 Jefferson St Rochester, IN 46975

Estimated Value: $155,000 - $304,000

5 Beds
3 Baths
1,664 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $90,500 $54 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,343/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Carpet
  • Corner Lot

About This Home

As of January 2023

Move in ready 3 unit triplex is available for a new owner and new tenants. All 3 units updated with new paint, new carpet, many replacement windows, upper metal roof, new vanities, new toilets, faucets, etc. All 3 units are vacant: Unit 200 is a 2 BR on main floor, Unit 202 is 1 BR upper with enclosed staircase; Unit 204 is 1 BR w/small office on main floor on west side of building. Tenants pay electric (3 electric meters), seller currently pays gas and water/sewer/trash. 2 GFA furnaces, 2 gas water heaters. Off street parking, close to schools, parks and walk to downtown. Will be sold in AS IS condition.

Last Agent to Sell the Property

Lisa Goodman

LAKESHORE RLTRS, INCR Listed on: 12/16/2022

Last Buyer's Agent

Gwen Hornstein

Rochester Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1935

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 82x82
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Columbia / Riddle Elementary School
  • Rochester Middle School
  • Rochester High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, heating, sewer, tax, trash collection, water
  • Assessor Parcel Number 25-07-91-381-002.010-009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,700
  • Maintenance Expense $700
  • Trash Expense $335
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$964

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1935
  • Age: 87
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 162 A Bozarths Add.
  • Parcel Number ID: 25-07-91-381-002.010-009
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 101.69
  • Monthly Gross Income: 1510
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2860
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Below Grade Sq Ft: 1196
  • Price Per Sq Ft: 54.39
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1196

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 2700
  • Annual Maintenance Expense: 700
  • Annual Trash Expense: 335
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • School District: Rochester Community School Corp.
  • Elementary School: Columbia / Riddle
  • Middle School: Rochester
  • High School: Rochester
  • Elementary School: Columbia / Riddle

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 82x82
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Owner Pays: Building Insurance, Heating, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1510
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 964

MLS Schools

  • High School: Rochester
  • Middle School: Rochester
  • School District: Rochester Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Hornstein Michelle
Bought by
Shepherd Engineering
Current Estimated Value
$229,500
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Shepherd Engineering $100,000 Rochester Realty Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $90,500 +1.7% $54 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $89,000 -- $53 / Sq Ft
Source: Indiana Regional MLS

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 $1,119 $50,500 $6,300 $44,200
2023 $961 $46,900 $6,300 $40,600
2022 $1,108 $55,400 $6,300 $49,100
2021 $964 $48,200 $6,300 $41,900
2020 $964 $48,200 $6,300 $41,900
2019 $884 $44,200 $6,300 $37,900
2018 $818 $40,900 $6,300 $34,600
2017 $806 $40,300 $6,300 $34,000
2016 $806 $40,300 $6,300 $34,000
2014 $796 $39,800 $6,300 $33,500
2013 $796 $39,100 $6,300 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202249772

Indiana Regional MLS

APN: 25-07-91-381-002.010-009