NOT LISTED FOR SALE

222 E Washington St Winchester, IN 47394

Estimated Value: $61,000 - $113,310

4 Beds
2 Baths
1,828 Sq Ft
$43/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $40,000 $22 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $513/month

58 Days on Market

About This Home

As of September 2021

Great income producing investment opportunity. 2 bedroom downstairs unit and 2 bedroom upstairs unit. Each unit has it’s own laundry and is separately metered. 24 hour minimum notice required for all showings.

Last Agent to Sell the Property

Paul Faddis

Tarter Realty, Auction & Appraisals Co Listed on: 06/07/2021

Last Buyer's Agent

Jairo Correa

Re/Max Evolve

Re/Max Evolve

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,761 Sq Ft Lot
  • Lot Dimensions are 40x119

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,761 Sq Ft Lot

Listing Details

  • OFFICELIST_ADDRESS: 222 E Washington St.
  • Estimated Year Built: 1900
  • Directions: US 27 to Greenville Pike. Left on SR 32. Property is on the left side.
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 222 E Washington St
  • Geo Longitude: -84.978808
  • Geo Primary City: Winchester
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 599.00
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 21.88
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Aluminum, Brick
  • Foundation: Basement
  • Roof Type: Metal, Shingle

Utilities

  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2021-06-07
  • Estimated Number Acres: 0.1093
  • Land Contract: No
  • Lot Size: 40x119
  • Zoning: R-2

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 24, 2021
Sold by
L & A Murray Inc
Bought by
Hoil Ivan Esteban Hau
Seller's Agent
Paul Faddis
Tarter Realty, Auction & Appraisals Co
Buyer's Agent
Jairo Correa
Re/Max Evolve
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%
Current Estimated Value
$79,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,078
Avg. Annual Appreciation
16.47%
Original Mortgage
$36,000
Outstanding Balance
$32,398
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$46,680

Purchase Details

Closed on
May 2, 2005
Sold by
Murray Leland K and Murray Audrey E
Bought by
L & A Murray Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoil Ivan Esteban Hau $40,000 None Available
L & A Murray Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoil Ivan Esteban Hau $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $40,000 -27.1% $22 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $54,900 -- $30 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,210 $70,900 $2,200 $68,700
2024 $1,210 $60,500 $5,200 $55,300
2023 $1,210 $60,500 $5,200 $55,300
2022 $508 $59,000 $5,200 $53,800
2021 $565 $61,500 $7,700 $53,800
2020 $1,198 $59,900 $7,300 $52,600
2019 $1,192 $59,600 $7,000 $52,600
2018 $1,142 $57,100 $5,800 $51,300
2017 $1,050 $52,500 $5,300 $47,200
2016 $1,018 $50,900 $4,800 $46,100
2014 $882 $44,100 $3,900 $40,200
2013 $882 $42,700 $3,900 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10041345

APN: 68-09-20-181-159.000-021

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