NOT LISTED FOR SALE

201 N Lincoln Ave Alexandria, IN 46001

Estimated Value: $67,000 - $127,000

3 Beds
4 Baths
3,250 Sq Ft
$29/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $50,000 $15 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $722/month

7 Days on Market

About This Home

As of April 2021

(CASH ONLY) Looking for a fixer-upper that could also generate extra income . . . then check out this 5 unit property. . .you could live downstairs and rent the other 4 units. Here's what you have to work with . . . a large 2 bedroom apartment downstairs, three 1 bedroom apartments upstairs and a 1 bedroom apartment over the garage. This property is being sold in "AS-IS" condition, but has lots of potential. Come check it out . . .it could be your Spring project.

Last Agent to Sell the Property

Tina Robbins

RE/MAX Real Estate Solutions License #RB14043683 Listed on: 03/07/2021

RE/MAX Real Estate Solutions

Last Buyer's Agent

Madalynne Stanton

Jably's Property Mgmt & Real E

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 6,251

Parking

  • Driveway

Home Design

  • Block Foundation
  • Vinyl Construction Material

Additional Features

  • 2-Story Property
  • 6,251 Sq Ft Lot
  • Basement

Community Details

  • A E Harlans Subdivision

Listing and Financial Details

  • Tenant pays for notapplic
  • The owner pays for notapplic
  • Assessor Parcel Number 480618300185000022

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Multi-Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1899
  • Lot Size Acres: 0.1435
  • Subdivision Name: A E HARLANS
  • Inspection Warranties: Not Applicable
  • Property Description: (CASH ONLY) Looking for a fixer-upper that could also generate extra income . . . then check out this 5 unit property. . .you could live downstairs and rent the other 4 units. Here's what you have to work with . . . a large 2 bedroom apartment downstairs, three 1 bedroom apartments upstairs and a 1 bedroom apartment over the garage. This property is being sold in "AS-IS" condition, but has lots of potential. Come check it out . . .it could be your Spring project.
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: NotApplic
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 55000

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 480618300185000022
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Sidewalks
  • Lot Number: 18
  • Lot Size: 6,251

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: NotApplic

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2274
  • Semi Annual Property Tax Amt: 1137
  • Tax Exemption: None

MLS Schools

  • School District: Alexandria Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Apr 8, 2021
Sold by
Greymorr Real Estate Llc
Bought by
Phx Properties Llc
Seller's Agent
Tina Robbins
RE/MAX Real Estate Solutions
Buyer's Agent
Madalynne Stanton
Jably's Property Mgmt & Real E
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Current Estimated Value
$94,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Jan 12, 2020
Sold by
Madison County Auditor
Bought by
Greymorr Real Estate Llc

Purchase Details

Closed on
Jun 29, 2016
Sold by
Broyles Wanda Jo
Bought by
Flores Kelly and Roberts Kristin

Purchase Details

Closed on
Feb 8, 2013
Sold by
Broyles Mark
Bought by
Broyles Mark and Broyles Wanda Jo

Purchase Details

Closed on
Mar 7, 2012
Sold by
Rubrecht Nancy Broyles
Bought by
Broyles Mark
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
Phx Properties Llc -- Best Title
Greymorr Real Estate Llc $19,000 None Available
Flores Kelly -- --
Broyles Wanda Jo -- --
Broyles Mark -- None Available
Broyles Mark -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $50,000 -9.1% $15 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $55,000 -- $17 / 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 $2,432 $104,600 $13,400 $91,200
2023 $2,252 $96,000 $12,800 $83,200
2022 $2,252 $95,300 $12,100 $83,200
2021 $2,136 $87,800 $12,100 $75,700
2020 $2,310 $96,100 $11,500 $84,600
2019 $2,273 $93,600 $11,500 $82,100
2018 $2,006 $87,800 $11,500 $76,300
2017 $1,588 $79,400 $11,500 $67,900
2016 $1,931 $79,400 $11,500 $67,900
2014 $1,333 $78,800 $11,500 $67,300
2013 $1,333 $78,800 $11,500 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21770001

MIBOR Broker Listing Cooperative®

APN: 48-06-18-300-185.000-022