NOT LISTED FOR SALE

225 N Tompkins St Shelbyville, IN 46176

Estimated Value: $120,000 - $158,000

4 Beds
2 Baths
2,266 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $85,000 $38 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $919/month

27 Days on Market

About This Home

As of December 2021

Duplex 2 bedroom, 1 bathroom home up and 2 bedroom, 1 bathroom down currently fully rented. Great space with updated furnace and new water heater. Located in downtown Shelbyville near the newly renovated public square and walking trails. If you're looking for a property to house hack, start real estate investing or maybe add to your rental portfolio, take a look at this one. The second floor unit is recently vacant. Possibilities include house hacking or increasing rent to $700/month potential.

Last Agent to Sell the Property

Michael Haehl

FULL CANOPY REAL ESTATE, LLC License #RB14039004 Listed on: 10/21/2021

Last Buyer's Agent

Annette Nasby

Runnebohm Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,410

Year Built

  • 1900

Lot Details

  • 3,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,410

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: Italianate
  • Directions: From the downtown square go west on Washington. Right (N) on Tompkins 2 blocks home on the left at the corner of Tompkins and Penn
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: TOMPKINS
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Owner Pays: Gas, Sewer, Water

Exterior Features

  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 2520

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Curbs
  • Lot Number: 10
  • Lot Size: 4,250

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Semi Annual Property Tax Amt: 705
  • Tax Exemption: None
  • Tax Annual Amount: 1410
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 3, 2021
Sold by
Weber Nicolas M
Bought by
Midwest Property Inv Inc
Seller's Agent
Michael Haehl
FULL CANOPY REAL ESTATE, LLC
Buyer's Agent
Annette Nasby
Runnebohm Realty, LLC
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Current Estimated Value
$139,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,674
Avg. Annual Appreciation
14.00%
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
Midwest Property Inv Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Property Investments I $99,000
Previous Owner Weber Nicolas M $66,340
Previous Owner Weber Nicholas M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $85,000 -26.1% $38 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $115,000 -- $51 / 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
2024 $2,100 $105,000 $9,400 $95,600
2023 $2,100 $105,000 $9,700 $95,300
2022 $1,504 $75,200 $7,000 $68,200
2021 $1,292 $64,600 $6,500 $58,100
2020 $1,410 $70,500 $7,100 $63,400
2019 $1,692 $84,600 $8,300 $76,300
2018 $1,294 $64,700 $10,700 $54,000
2017 $1,280 $64,000 $10,700 $53,300
2016 $1,322 $65,800 $10,700 $55,100
2014 $1,308 $65,200 $10,700 $54,500
2013 $1,308 $65,200 $10,700 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21819973

MIBOR Broker Listing Cooperative®

APN: 73-07-32-300-030.000-002