NOT LISTED FOR SALE

225 W Franklin St Delphi, IN 46923

Estimated Value: $190,000 - $258,000

3 Beds
3 Baths
2,128 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $199,900 $94 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,318/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • Baseboard Heating
  • Corner Lot
  • Central Air
  • Carpet

About This Home

As of April 2024

Outstanding cash flow for this tri-plex house that is conveniently located within walking distance to stores, downtown square, restaurants and parks. Fully rented. New roof and decking as of December 2023. Potential to convert and use for business purposes or art studio. Delphi, IN offers a vibrant art community and business growth opportunities. Can be purchased with the 7000 sq. ft. retail building next door. This location is one of the best in Delphi.

Last Listed By

Mary Holtz

Indiana Integrity REALTORS Brokerage Email: kbrewer192@aol.com Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1900

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 60x80
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Carpet
  • Fire and Smoke Detector
  • Laminate Countertops
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Utilities

  • Central Air
  • Baseboard Heating
  • Propane

Listing and Financial Details

  • Tenant pays for electric, water
  • The owner pays for electric, water
  • Assessor Parcel Number 08-06-29-018-016.000-007

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $407
  • Insurance Expense $609
  • Maintenance Expense $6,204
  • Trash Expense $691
  • Water Sewer Expense $595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 124
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 017-18016-00 Delphi OP Pt Lot 76
  • Parcel Number ID: 08-06-29-018-016.000-007
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+, Countertops-Laminate, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.64
  • Monthly Gross Income: 2100
  • Year Taxes Payable: 1176
  • Special Features: None

Interior Features

  • Total Sq Ft: 2736
  • Total Finished Sq Ft: 2128
  • Above Grade Finished Sq Ft: 2128
  • Below Grade Sq Ft: 608
  • Price Per Sq Ft: 93.94
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 608
  • Number Of Disposals: 3
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Dimensional Shingles
  • Stories: 1.5

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 407
  • Annual Insurance Expense: 609
  • Annual Maintenance Expense: 6204
  • Annual Trash Expense: 691
  • Annual Water Sewer Expense: 595
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 60x80
  • Estimated Lot Sq Ft: 5706
  • Estimated Lot Size Acres: 0.131

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Water
  • Tenant Pays: Electric, Water

Multi Family

  • Gross Monthly Rent: 2100
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1176

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2001
Sold by
Erelene Orr
Bought by
Woodlawn Rentals Inc
Total Days on Market
40
Current Estimated Value
$215,624

Range of Values:

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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
Woodlawn Rentals Inc $63,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $199,900 -16.4% $94 / Sq Ft
02/15/2024 02/15/24 For Sale $239,000 -- $112 / 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 $1,477 $73,600 $14,200 $59,400
2023 $1,176 $64,700 $14,200 $50,500
2022 $1,176 $58,300 $12,900 $45,400
2021 $1,366 $67,700 $11,800 $55,900
2020 $1,320 $65,300 $11,800 $53,500
2019 $1,224 $60,500 $11,800 $48,700
2018 $1,180 $58,200 $11,800 $46,400
2017 $1,181 $58,300 $10,600 $47,700
2016 $1,146 $56,500 $10,600 $45,900
2014 $1,134 $55,900 $10,600 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Holtz

    Seller's Agent in 2024

    Mary Holtz

    Indiana Integrity REALTORS

    (765) 532-6901

    170 Total Sales

    Mary Holtz
    Section Image
  • Kent Brewer

    Seller Co-Listing Agent in 2024

    Kent Brewer

    Indiana Integrity REALTORS

    (765) 532-5572

    43 Total Sales

    Kent Brewer
    Section Image
  • Brandi Shaw

    Buyer's Agent in 2024

    Brandi Shaw

    Indiana Realty Group

    (765) 543-2094

    115 Total Sales

    Brandi Shaw
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202404770

Indiana Regional MLS

APN: 08-06-29-018-016.000-007

Indiana Carroll County Delphi 46923

225 W Franklin St, Delphi, IN

Homes for Sale in Delphi, IN

This home is located at 225 W Franklin St, Delphi, IN 46923 since 15 February 2024 and is currently estimated at $215,624, approximately $101 per square foot. This property was built in 1900. 225 W Franklin St is a home located in Carroll County with nearby schools including Delphi Community Elementary School, Delphi Community Middle School, and Delphi Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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