NOT LISTED FOR SALE

218 Merrill Ct Thorntown, IN 46071

Estimated Value: $152,000 - $186,000

2 Beds
2 Baths
1,010 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $110,000 $109 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $932/month

55 Days on Market

About This Home

As of May 2017

Investment Opportunity for a superbly maintained duplex!! Rented, leases in place and always sought after by potential tenants. This is an excellent opportunity to add to your investment portfolio or to get it started! Or.... Live on one side, rent the other out to potentially pay your mortgage! Property is in great condition - built and maintained by Merrill Contracting! Purchase one or as a package. See MLS's 21469472, 21469866 and 21469861.

Last Agent to Sell the Property

Lynda Lambert

Traditions Realty, LLC License #RB14044910 Listed on: 03/07/2017

Last Buyer's Agent

Joseph Cirillo

Priority One Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 10,237

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Additional Features

  • Crawl Space
  • 10,237 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for inshazard, insurance, taxes
  • Assessor Parcel Number 061335000003042015

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2002
  • Lot Size Acres: 0.235
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity for a superbly maintained duplex!! Rented, leases in place and always sought after by potential tenants. This is an excellent opportunity to add to your investment portfolio or to get it started! Or.... Live on one side, rent the other out to potentially pay your mortgage! Property is in great condition - built and maintained by Merrill Contracting! Purchase one or as a package. See MLS's 21469472, 21469866 and 21469861.
  • Transaction Type: Sale
  • Website: www.lyndalambertsellshomes.com
  • Unit Count: 2
  • Conversion: 0
  • Website: www.mytraditionsrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Insurance, Taxes
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 3172
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Interstate: Ramp3-5mi

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Lot Info

  • Current Use: Residential
  • Parcel Number: 061335000003042015
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 17
  • Lot Size: 10,237

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Multi Family

  • Net Operating Income: 11600

Tax Info

  • Tax Annual Amount: 3102
  • Semi Annual Property Tax Amt: 1551
  • Tax Exemption: None

MLS Schools

  • School District: Western Boone County
  • Schools: Thorntown Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 5, 2017
Sold by
Merrill James Douglas and Merrill Jodie K
Bought by
Wymer Douglas B and Wymer De Rothea R
Seller's Agent
Lynda Lambert
Traditions Realty, LLC
Buyer's Agent
Joseph Cirillo
Priority One Realty
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$171,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,240
Avg. Annual Appreciation
5.29%
Original Mortgage
$108,007
Outstanding Balance
$89,029
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$82,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wymer Douglas B -- Royal Title Services
Wymer Douglas B -- Royal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wymer Douglas B $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $110,000 0.0% $109 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $110,000 0.0% $109 / Sq Ft
03/17/2017 03/17/17 Off Market $110,000 -- --
03/06/2017 03/06/17 For Sale $110,000 -- $109 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $410 $136,600 $20,000 $116,600
2024 $410 $109,600 $20,000 $89,600
2023 $403 $109,600 $20,000 $89,600
2022 $419 $111,800 $20,000 $91,800
2021 $387 $106,400 $20,000 $86,400
2020 $403 $107,400 $20,000 $87,400
2019 $411 $108,600 $20,000 $88,600
2018 $419 $109,600 $20,000 $89,600
2017 $1,448 $164,400 $22,800 $141,600
2016 $2,951 $166,000 $22,800 $143,200
2014 $2,959 $168,200 $22,800 $145,400
2013 $3,156 $168,200 $22,800 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21469601

MIBOR Broker Listing Cooperative®

APN: 06-13-35-000-003.042-015