NOT LISTED FOR SALE

202 N Jefferson St Sulphur Springs, IN 47388

Estimated Value: $80,000 - $183,000

2 Beds
2 Baths
1,478 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $43,000 $29 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $860/month

162 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Pocket Doors
  • 1 Car Detached Garage
  • Walk-In Closet
  • Laundry in Utility Room

About This Home

As of April 2017

Affordable investment property located in the quiet town of Sulphur Springs. This duplex features one unit that has a bedroom, living room, den, kitchen and bathroom. There are two double closets off of the den that offer plenty of storage area. The other unit offers one bedroom with a walk-in closet and another small closet with metal shelves, living room, kitchen , utility room with washer and dryer hook ups, and a bathroom. Both units are very clean and well maintained. The duplex sits on a double lot with a two car detached garage that is separated to serve each unit. There is also a 10x7 utility shed on the property.

Last Agent to Sell the Property

Jerry Flanagan

Wagner Auctioneering and Real Estate Listed on: 09/19/2016

Last Buyer's Agent

Jerry Flanagan

Wagner Auctioneering and Real Estate Listed on: 09/19/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 188x61
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Converted Dwelling
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Pocket Doors
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance
  • The owner pays for building insurance, sewer, tax, water softener
  • Assessor Parcel Number 33-06-13-440-229.000-018

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $606
  • Water Sewer Expense $1,178

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1935
  • Age: 82
  • Style: One Story
  • Architectural Style: Converted House
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Scott &Yost 2nd Add 5 1/2 lot 3 and 4 Blk 8: Scott & Yost 2nd Add Vac Alley 8.75 x 59.5 .011A
  • Parcel Number ID: 33-06-13-440-229.000-018
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Breakfast Bar, Cable Available, Closet(s) Walk-in, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Landscaped, Pocket Doors, Porch Covered, Storm Doors, Water Heater Electric, Water Softener-Rented, Washer Hook-Up
  • Location: City/Town/Suburb
  • Parcel Id2: 33-06-13-440-230.000-018
  • Sp Lp Percent: 86.17
  • Monthly Gross Income: 875
  • Special Features: None

Interior Features

  • Total Sq Ft: 1478
  • Total Finished Sq Ft: 1478
  • Above Grade Finished Sq Ft: 1478
  • Price Per Sq Ft: 29.09
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 70

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Gravel, Off Street, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Private, Well
  • Annual Insurance Expense: 606
  • Annual Water Sewer Expense: 1178.4
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Shenandoah School Corp.
  • Elementary School: Shenandoah
  • Middle School: Shenandoah
  • High School: Shenandoah

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 188x61
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Sewer, Tax, Water Softener
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 875
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1088.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Apr 6, 2017
Sold by
Flanagan Gerland A and Flanagan Marcia K
Bought by
Troxell Alan K and Troxell Patty G
Seller's Agent
Jerry Flanagan
Wagner Auctioneering and Real Estate
Buyer's Agent
Jerry Flanagan
Wagner Auctioneering and Real Estate
List Price
$54,900
Sold Price
$43,000
Premium/Discount to List
-$11,900
-21.68%
Current Estimated Value
$144,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,774
Avg. Annual Appreciation
14.97%
Source: Public Records

Range of Values:

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Average Value
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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
Troxell Alan K -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $43,000 -21.7% $29 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $54,900 -- $37 / 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 $1,142 $57,100 $20,200 $36,900
2023 $1,163 $58,100 $20,200 $37,900
2022 $839 $41,800 $11,500 $30,300
2021 $817 $40,600 $11,500 $29,100
2020 $841 $40,000 $11,500 $28,500
2019 $821 $39,000 $11,500 $27,500
2018 $930 $44,500 $11,500 $33,000
2017 $977 $47,200 $7,200 $40,000
2016 $951 $46,300 $7,000 $39,300
2014 $922 $46,200 $7,300 $38,900
2013 $922 $44,500 $7,300 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201643607

Indiana Regional MLS

APN: 33-06-13-440-229.000-018