NOT LISTED FOR SALE

212 N Water St Brownstown, IN 47220

Estimated Value: $177,000 - $392,000

3 Beds
1 Bath
2,240 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $129,000 $58 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,532/month

Highlights

  • Traditional Architecture
  • Patio
  • Level Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2020

Duplex rentals, each unit has 3 bedrooms and 1 bath, laundry in the kitchen, all electric, tenants pays own utilities, each unit has 2 parking spaces, upper unit has a wood deck, well maintained property. Property MUST be purchase along with 3 additional duplexes.

Last Agent to Sell the Property

Lynda Slate

RE/MAX Acclaimed Properties Brokerage Phone: 812-278-6009 Listed on: 10/29/2020

RE/MAX Acclaimed Properties

Last Buyer's Agent

Lynda Slate

RE/MAX Acclaimed Properties Brokerage Phone: 812-278-6009 Listed on: 10/29/2020

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 60x150
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Brownstown Elementary School
  • Brownstown Central Middle School
  • Brownstown Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • The owner pays for maintenance, tax
  • Assessor Parcel Number 36-54-14-101-009.000-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,464
  • Maintenance Expense $4,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Age: 20
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT LOTS 202 & 234 TRACT 3
  • Parcel Number ID: 36-54-14-101-009.000-002
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Countertops-Laminate, Deck Open, Eat-In Kitchen, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 99.31
  • Annual Miscellaneous: 2916
  • Monthly Gross Income: 4783
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2240
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Price Per Sq Ft: 57.59
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1120
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Insurance Expense: 3464
  • Annual Maintenance Expense: 4495
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Brownstown County Community School Corp.
  • Elementary School: Brownstown
  • Middle School: Brownstown Central
  • High School: Brownstown Central
  • Elementary School: Brownstown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x150

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Tax
  • Tenant Pays: Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1450
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1900

MLS Schools

  • High School: Brownstown Central
  • Middle School: Brownstown Central
  • School District: Brownstown County Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 16, 2020
Sold by
Macy William D and Macy Judith C
Bought by
Beveridge Christa A
Seller's Agent
Lynda Slate
RE/MAX Acclaimed Properties
Buyer's Agent
Lynda Slate
RE/MAX Acclaimed Properties
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%
Current Estimated Value
$245,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,210
Avg. Annual Appreciation
14.63%
Original Mortgage
$0
Interest Rate
2.71%
Mortgage Type
New Conventional
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
Beveridge Christa A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Beveridge Christa A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $129,000 -0.7% $58 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $129,900 -- $58 / 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 $2,760 $138,000 $16,700 $121,300
2023 $2,212 $110,600 $16,700 $93,900
2022 $2,192 $109,600 $16,700 $92,900
2021 $2,002 $100,100 $16,700 $83,400
2020 $1,878 $93,900 $16,700 $77,200
2019 $1,878 $93,900 $16,700 $77,200
2018 $1,898 $94,900 $16,700 $78,200
2017 $1,874 $93,700 $16,200 $77,500
2016 $1,734 $86,700 $16,200 $70,500
2014 $1,444 $72,200 $16,200 $56,000
2013 $1,444 $90,700 $16,200 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202043805

Indiana Regional MLS

APN: 36-54-14-101-009.000-002