NOT LISTED FOR SALE

228 N Hart St Princeton, IN 47670

13 Beds
9 Baths
3,640 Sq Ft
9,148 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $96,900 $27 Per Sq Ft

7 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Forced Air Heating System
  • Laundry in Utility Room
  • Multiple cooling system units
  • Carpet

About This Home

As of October 2022

This building has been providing housing for over 50 years. At one time building was owned and operated by Joe & Shirley Berry and served as a hair salon as Shirley's Hair Fashion and Dean's Barber Shop. In addition to Shirley's Hair Fashion Shirley and Joe provided affordable housing close to downtown shopping, restaurants, library and more. If you are an investor, then this may be for you. New owner has done many upgrades and added 3 more efficiency apartments. Efficiencies have few vacancies. This affordable housing consisting of mostly 1 or 2 bedroom apartments ranging from $300 to $650 per month all inclusive. Majority of appliances & window air units are owned by landlord and stay with purchase. Rents are mo to mo but owner does have Rental agreement in place for each tenant. Realtor has floor plan, monthly revenue with expenses. Roof is rubber and is approximately 8 to 10 yrs old. Current owner has added a coin operated laundry room for Tenants only. To view pls give a min of 48 hrs notice. Ample parking provided. Property is being sold as-is.

Last Agent to Sell the Property

Anita Waldroup

F.C. TUCKER EMGE Listed on: 09/28/2022

F.C. TUCKER EMGE

Last Buyer's Agent

James Chappell

Mission Real Estate Group Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 109 x 82
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Full Bathrooms

Parking

  • 15 Parking Spaces
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for building insurance, cooling, electric, heating, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 26-12-07-104-000.015-028

Community Details

Overview

  • 2 Buildings
  • 9 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $5,800
  • Fuel Expense $2,800
  • Insurance Expense $2,400
  • Maintenance Expense $5,400
  • Water Sewer Expense $3,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,842

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: OLD PLAN 51PT
  • Parcel Number ID: 26-12-07-104-000.015-028
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: Emerson Street
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 107.79
  • Monthly Gross Income: 4500
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3640
  • Total Finished Sq Ft: 3640
  • Above Grade Finished Sq Ft: 3640
  • Price Per Sq Ft: 26.62
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Brick
  • Roof Material: Rubber
  • Stories: 2
  • Outbuilding: Shed

Garage/Parking

  • Number Of Parking Spaces: 15
  • Parking: Lot, Street

Utilities

  • Cooling: Window, Multiple Cooling Units
  • Heating Fuel: Forced Air, Wall Heater, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Princeton Water Dept.
  • Annual Electric: 5800
  • Annual Fuel Expense: 2800
  • Annual Insurance Expense: 2400
  • Annual Maintenance Expense: 5400
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: North Gibson School Corp.
  • Elementary School: Princeton
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Princeton

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 109 x 82
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Owner Pays: Building Insurance, Cooling, Electric, Heating, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 4500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 9
  • Num Of Units Rented: 9

Tax Info

  • Annual Property Tax: 1842

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Range of Values:

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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
10/21/2022 10/21/22 Sold $96,900 +7.8% $27 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $89,900 -- $25 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anita Waldroup

    Seller's Agent in 2022

    Anita Waldroup

    F.C. TUCKER EMGE

    (812) 386-6200

    236 Total Sales

    Anita Waldroup
    Section Image
  • James Chappell

    Buyer's Agent in 2022

    James Chappell

    Mission Real Estate Group Inc.

    (812) 677-4244

    94 Total Sales

    James Chappell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202240820

Indiana Regional MLS
Indiana Gibson County Princeton 47670

228 N Hart St, Princeton, IN

This home is located at 228 N Hart St, Princeton, IN 47670 since 28 September 2022. This property was built in 1890. 228 N Hart St is a home located in Gibson County with nearby schools including Princeton Community Intermediate School, Princeton Community Primary School, and Princeton Community Middle 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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