NOT LISTED FOR SALE

216 Chestnut St Morristown, IN 46161

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold November 27, 2019

Last sale price $350,000

297 Days on Market

About This Home

As of November 2019

Perfect investment opportunity for multi-family properties! 3 doubles and one tri-plex all in the same block. Must be sold as a package as Seller does not want to divide. Low maintenance brick or vinyl exterior, plenty of parking, and quiet area. Laundry room and bath combo in all units. See attachment for information on other buildings included.

Last Agent to Sell the Property

Mark Dudley

RE/MAX Realty Group License #RB14035819 Listed on: 10/05/2018

RE/MAX Realty Group

Last Buyer's Agent

Mark Dudley

RE/MAX Realty Group License #RB14035819 Listed on: 10/05/2018

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1960

Lot Details

  • 0.34

Additional Features

  • 1-Story Property
  • 0.34 Acre Lot

Community Details

  • Johnson Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for inshazard insurance sewer water
  • Assessor Parcel Number 730312400270000008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: Ranch,TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1960
  • Lot Size Acres: 0.34
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex,Triplex
  • Subdivision Name: JOHNSON
  • Inspection Warranties: Not Applicable
  • Property Description: Perfect investment opportunity for multi-family properties! 3 doubles and one tri-plex all in the same block. Must be sold as a package as Seller does not want to divide. Low maintenance brick or vinyl exterior, plenty of parking, and quiet area. Laundry room and bath combo in all units. See attachment for information on other buildings included.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard,Insurance,Sewer,Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 1872
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick,Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space,Slab
  • List Price: 475000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: Guest Parking,Parking Lot

Utilities

  • Solid Waste: 0
  • HVAC: Electric baseboard heat

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 730312400270000008
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Alley,Access Street,Storm Sewer,Street Lights
  • Lot Number: 55&54
  • Lot Size: .34

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 1470
  • Semi Annual Property Tax Amt: 735
  • Tax Exemption: None
  • Multiple Tax I D: 730312400271000008

MLS Schools

  • School District: Shelby Eastern

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

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $350,000 -26.3% --
07/30/2019 07/30/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $475,000 +35.7% --
02/13/2019 02/13/19 Off Market $350,000 -- --
10/05/2018 10/05/18 For Sale $475,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21599325

MIBOR Broker Listing Cooperative®