NOT LISTED FOR SALE

207 N Meridian St Winchester, IN 47394

Estimated Value: $82,000 - $120,147

5 Beds
2.5 Baths
2,509 Sq Ft
$39/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $78,000 $31 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $707/month

17 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Detached Garage
  • Carpet
  • Covered patio or porch
  • Forced Air Heating System

About This Home

As of May 2022

Check out this cute duplex that is priced to sell! One side is tenant occupied and the other is open ready for a new tenant. Make this your newest investment!

Last Agent to Sell the Property

Paul Faddis

Tarter Realty Auction and Appraisal Company Listed on: 03/25/2022

Last Buyer's Agent

Mark Tooley

Tarter Realty Auction and Appraisal Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 46x165

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Willard Elementary School
  • Driver Middle School
  • Winchester High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • 2 Units
  • North East / Northeast Subdivision

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for maintenance, sewer, water
  • Assessor Parcel Number 68-09-20-153-039.000-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,504

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 34 1/2' Off N Side Of Lot 6 NWS 11 1/2' S Pt Lot 1 NWS
  • Parcel Number ID: 68-09-20-153-039.000-021
  • Platted: Yes
  • Amenities: Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.87
  • Monthly Gross Income: 575
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3569
  • Total Finished Sq Ft: 2509
  • Above Grade Finished Sq Ft: 2509
  • Below Grade Sq Ft: 1060
  • Price Per Sq Ft: 31.09
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1060
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Schools

  • School District: Randolph Central School Corp.
  • Elementary School: Willard
  • Middle School: Driver
  • High School: Winchester
  • Elementary School: Willard

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 46x165
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 575
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1503.5

MLS Schools

  • High School: Winchester
  • Middle School: Driver
  • School District: Randolph Central School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 10, 2022
Sold by
L & A Murray Inc
Bought by
Lennartz Dan
Seller's Agent
Paul Faddis
Tarter Realty Auction and Appraisal Company
Buyer's Agent
Mark Tooley
Tarter Realty Auction and Appraisal Company
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%
Current Estimated Value
$97,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,479
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Ihrke Lonnie D and Ihrke Cheryl A
Bought by
L & A Murray Inc
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
Lennartz Dan $78,000 Parker Craig C
L & A Murray Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L & A Murray Inc $40,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $78,000 -8.1% $31 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $84,900 -- $34 / 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 $2,026 $101,300 $5,700 $95,600
2023 $1,852 $92,600 $5,700 $86,900
2022 $1,918 $83,800 $5,700 $78,100
2021 $1,504 $73,800 $7,000 $66,800
2020 $1,474 $72,300 $6,600 $65,700
2019 $1,434 $70,300 $6,600 $63,700
2018 $1,568 $77,000 $6,000 $71,000
2017 $1,474 $72,300 $5,200 $67,100
2016 $1,474 $72,300 $5,200 $67,100
2014 $1,168 $58,400 $4,700 $53,700
2013 $1,168 $56,500 $4,700 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202210453

Indiana Regional MLS

APN: 68-09-20-153-039.000-021