NOT LISTED FOR SALE

23 S Center St Flora, IN 46929

5 Beds
8 Baths
6,610 Sq Ft
4,879 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $170,000 $26 Per Sq Ft

127 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • Ceiling height of 9 feet or more

About This Home

As of January 2024

Welcome to this fantastic 8-unit commercial building in the heart of downtown Flora, Indiana! Boasting a mix of residential and commercial spaces, this property offers tremendous potential. Currently, 4 apartments are rented, generating steady income, while 2 apartments and 1 commercial space are vacant, providing an opportunity for expansion or customization. One of the commercial spaces is a thriving coffee shop, adding to the building's appeal. With a monthly gross income exceeding $3,100, this property promises an attractive return on investment. Don't miss the chance to own this versatile and lucrative commercial building in a prime location.

Last Agent to Sell the Property

Calvin Dykhuizen

Trueblood Real Estate Brokerage Phone: 765-426-3928 Listed on: 07/05/2023

Trueblood Real Estate

Last Buyer's Agent

LAF NonMember

NonMember LAF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1895

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 45x108
  • Level Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 8 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Location

  • Suburban Location

Schools

  • Carroll Elementary And Middle School
  • Carroll High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 08-10-03-007-034.000-016

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $500
  • Fuel Expense $500
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,465

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1895
  • Age: 128
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: 018-07034-00 Flora OP Lot 55, Pt Lots 42, 43 & 56
  • Parcel Number ID: 08-10-03-007-034.000-016
  • Platted: Yes
  • Amenities: Basement, Ceiling-9+
  • Location: City/Town/Suburb
  • Sp Lp Percent: 56.67
  • Monthly Gross Income: 3575
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 8110
  • Total Finished Sq Ft: 6610
  • Above Grade Finished Sq Ft: 6610
  • Below Grade Sq Ft: 1500
  • Price Per Sq Ft: 25.72
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 1500
  • Number Of Ranges Ovens: 6
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Flat
  • Stories: 2

Garage/Parking

  • Parking: Lot, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 500
  • Annual Fuel Expense: 500
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1000
  • Number Electric Meters: 6
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 3

Schools

  • School District: Carroll Cons. School Corp.
  • Elementary School: Carroll
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Carroll

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x108
  • Estimated Lot Sq Ft: 4879
  • Estimated Lot Size Acres: 0.112

Rental Info

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

Multi Family

  • Gross Monthly Rent: 3575
  • Number Of Dryers: 1
  • Number Of Refrigerators: 8
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 5
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2465

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Carroll Cons. 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
01/05/2024 01/05/24 Sold $170,000 -43.3% $26 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $300,000 +76.5% $45 / Sq Ft
11/02/2023 11/02/23 Off Market $170,000 -- --
07/05/2023 07/05/23 For Sale $300,000 -- $45 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Calvin Dykhuizen

    Seller's Agent in 2024

    Calvin Dykhuizen

    Trueblood Real Estate

    (765) 426-3928

    162 Total Sales

    Section Image

  • L

    Buyer's Agent in 2024

    LAF NonMember

    NonMember LAF

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202323156

Indiana Regional MLS

Indiana Carroll County Flora 46929

23 S Center St, Flora, IN

This home is located at 23 S Center St, Flora, IN 46929 since 05 July 2023. This property was built in 1895. 23 S Center St is a home located in Carroll County with nearby schools including Carroll Elementary School and Carroll Senior 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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