NOT LISTED FOR SALE

207 E Division St Boonville, IN 47601

Estimated Value: $79,000 - $206,000

4 Beds
4 Baths
2,641 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $125,000 $47 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $817/month

16 Days on Market

Highlights

  • Balcony
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • Oakdale Elementary School Rated A-
  • Central Air
  • Baseboard Heating

About This Home

As of November 2018

Great investment opportunity conveniently located in the heart of Boonville! Sale includes 2 properties (207 S Division and 209 E Division) with 4 units total. All units are 1 bedroom, 1 bath. 207 S Division is .13 acres with 1452 sq feet and was built in 1894. 209 E Division is .06 acres with 1189 sq feet and 1.5 stories. It was built in 1939 and includes an attached garage. New water heater, sewer line repaired, and 3 out of the 4 units were remodeled recently. 3 of the 4 units are currently tenant occupied with long term leases. Only One of those four is on month to month but is very stable.

Last Agent to Sell the Property

Molly Angel

RE/MAX REVOLUTION Listed on: 10/11/2018

RE/MAX REVOLUTION

Co-Listed By

Shaun Angel

RE/MAX REVOLUTION

Last Buyer's Agent

Johnna Hancock-Blake

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1894

Lot Details

  • 8,276

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,641 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Balcony
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, water
  • Assessor Parcel Number 87-09-35-214-033.000-003

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $350
  • Insurance Expense $1,080
  • Trash Expense $360
  • Water Sewer Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,116

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1894
  • Age: 124
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: IN LOT 18 EXC 42' MARION JOHNSON ADD IN LOT 18 MARION JOHNSON ADD |
  • Parcel Number ID: 87-09-35-214-033.000-003
  • Platted: Yes
  • Amenities: Ceiling Fan, Balcony
  • Parcel Id2: 870935214077000003
  • Sp Lp Percent: 94.7
  • Monthly Gross Income: 2105
  • Special Features: None

Interior Features

  • Total Sq Ft: 2641
  • Total Finished Sq Ft: 2641
  • Above Grade Finished Sq Ft: 2641
  • Price Per Sq Ft: 47.33
  • Basement Foundation: Crawl
  • Flooring: Laminate, Vinyl Tile
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Fuel Expense: 350
  • Annual Insurance Expense: 1080
  • Annual Trash Expense: 360
  • Annual Water Sewer Expense: 2000
  • Number Of W D Hookups: 2

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Oakdale
  • Middle School: Boonville
  • High School: Boonville

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 60x95 + 42x71
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Fuel, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2105
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Comstock Jay and Mackoul Corey
Bought by
Jccm Properties2 Llc
Current Estimated Value
$129,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,647,160
Outstanding Balance
$1,642,955
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$1,513,594

Purchase Details

Listed on
Oct 11, 2018
Closed on
Nov 27, 2018
Sold by
Praxis Properties Llc
Bought by
Grimm Property Holdings Llc
Seller's Agent
Molly Angel
RE/MAX REVOLUTION
Buyer's Agent
Johnna Hancock-Blake
Berkshire Hathaway HomeServices Indiana Realty
List Price
$132,000
Sold Price
$125,000
Premium/Discount to List
-$7,000
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$591,840
Interest Rate
4.8%
Mortgage Type
Commercial
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
Jccm Properties2 Llc -- None Listed On Document
Grimm Property Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jccm Properties2 Llc $1,647,160
Previous Owner Grimm Property Holdings Llc $591,840
Previous Owner Praxis Properties Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $125,000 -5.3% $47 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $132,000 -- $50 / 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 $1,186 $59,300 $7,700 $51,600
2023 $1,186 $59,300 $7,700 $51,600
2022 $1,186 $59,300 $7,700 $51,600
2021 $1,186 $59,300 $7,700 $51,600
2020 $1,246 $59,300 $7,700 $51,600
2019 $1,246 $59,300 $7,700 $51,600
2018 $1,186 $59,300 $7,700 $51,600
2017 $2,491 $59,300 $7,700 $51,600
2016 $1,186 $59,300 $7,700 $51,600
2014 $1,186 $59,300 $7,700 $51,600
2013 $1,138 $56,900 $7,700 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201846241

Indiana Regional MLS

APN: 87-09-35-214-033.000-003