NOT LISTED FOR SALE

231 & 235 S Front St Thorntown, IN 46071

16 Beds
8 Baths
8,144 Sq Ft
2.1 Acres

Last Sold August 11, 2016

Last sale price $400,000 $49 Per Sq Ft

433 Days on Market

Highlights

  • Patio
  • 8 Car Garage
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of August 2016

Great investment opportunity in bedroom community of Thorntown. All brick units offer just over 1,000 square feet with 2 BR/1 bath and 1 car attached garage that rent for $595/mo. Tenants pay all utilities except for $10/mo security light. List broker is co-owner. Rent and owner expenses based on 2 year average. All patio doors replaced in 2014. 97% occupancy rate 2012-2015.

Last Agent to Sell the Property

Sharon Walter

Keller Williams Lafayette Listed on: 04/17/2015

Keller Williams Lafayette

Last Buyer's Agent

Sharon Walter

Keller Williams Lafayette Listed on: 04/17/2015

Keller Williams Lafayette

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 2.1 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Block Exterior
  • Composite Building Materials

Interior Spaces

  • 8,144 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Car Garage
  • Private Parking
  • Off-Street Parking

Schools

  • Thorntown Elementary School
  • Western Boone Jr-Sr Middle School
  • West Boon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, water
  • The owner pays for building insurance
  • Assessor Parcel Number 06-13-35-000-001.004-015

Community Details

Overview

  • 4 Buildings
  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $121
  • Insurance Expense $378
  • Maintenance Expense $2,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Age: 23
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 16
  • Number Above Grade Bedrooms: 16
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: PT SE 35-20-2W 1.2 576-06290-00 | PT SE 35-20-2W .91 576-06290-03
  • Parcel Number ID: 06-13-35-000-001.004-015
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail, Cable Available, Cable Ready, Countertops-Laminate, Patio Open
  • Location: City/Town/Suburb
  • Parcel Id2: 060902000001011015
  • Sp Lp Percent: 95.26
  • Monthly Gross Income: 4760
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 8144
  • Total Finished Sq Ft: 8144
  • Above Grade Finished Sq Ft: 8144
  • Price Per Sq Ft: 49.12
  • Basement Foundation: Crawl, Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Block, Brick
  • Roof Material: Composite, Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Garage, Off Street, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 121
  • Annual Insurance Expense: 378
  • Annual Maintenance Expense: 2860

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Western Boone County Community S.D.
  • Elementary School: Thorntown
  • Middle School: Western Boone Jr-Sr
  • High School: West Boon
  • Elementary School: Thorntown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 91476
  • Estimated Lot Size Acres: 2.1

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 4760
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 8

Tax Info

  • Annual Property Tax: 10999

MLS Schools

  • High School: West Boon
  • Middle School: Western Boone Jr-Sr
  • School District: Western Boone County Community S.D.

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
08/11/2016 08/11/16 Sold $400,000 -27.1% $49 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
04/17/2015 04/17/15 For Sale $549,000 -- $67 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sharon Walter

    Seller's Agent in 2016

    Sharon Walter

    Keller Williams Lafayette

    (765) 426-5343

    46 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 201516670

Indiana Regional MLS

Indiana Boone County Thorntown 46071

231 & 235 S Front St, Thorntown, IN

This home is located at 231 & 235 S Front St, Thorntown, IN 46071 since 17 April 2015. This property was built in 1993. 231 & 235 S Front St is a home located in Boone County with nearby schools including Western Boone Junior/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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