NOT LISTED FOR SALE

232 Water St Plymouth, IN 46563

Estimated Value: $94,000 - $117,000

3 Beds
2 Baths
1,810 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $80,000 $44 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $697/month

7 Days on Market

Highlights

  • Water Views
  • Carpet
  • 2-minute walk to River Park Square
  • Forced Air Heating System

About This Home

As of April 2022

In the heart of Plymouth, with amazing views of the river. Make this your investment property, keep it a duplex or possibly convert it back into a business as this property is also ZONED Business (C2). This is a prime opportunity to own a commercial business in Plymouth for under $100,000!! DO NOT miss this opportunity. Current tenant has been a LONG term Tenant. Seller asks to not disturb him. Please only serious inquiries only. Top unit vacant and available to see anytime, proof of funds needed to view bottom unit. This is NOT river front owned, a neighboring property owns the rights to the river front.

Last Agent to Sell the Property

Leah Zellers

RE/MAX OAK CREST -PLYMOUTH Listed on: 03/09/2022

RE/MAX OAK CREST -PLYMOUTH

Co-Listed By

Dave Goebel

RE/MAX OAK CREST -PLYMOUTH

Last Buyer's Agent

Leah Zellers

RE/MAX OAK CREST -PLYMOUTH Listed on: 03/09/2022

RE/MAX OAK CREST -PLYMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35x71

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Water Views
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Schools

  • Jefferson Elementary School
  • Lincoln Middle School
  • Plymouth High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 50-32-93-104-928.000-019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $180
  • Fuel Expense $745
  • Insurance Expense $937
  • Water Sewer Expense $959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$970

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 122
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MOORE & WESTERVELTS ADD L7 W 56' N71'
  • Parcel Number ID: 50-32-93-104-928.000-019
  • Platted: Yes
  • Amenities: Deck Open, Washer Hook-Up
  • Sp Lp Percent: 80.08
  • Monthly Gross Income: 500
  • Year Taxes Payable: 21due22
  • Special Features: None

Interior Features

  • Total Sq Ft: 1810
  • Total Finished Sq Ft: 1810
  • Above Grade Finished Sq Ft: 1810
  • Price Per Sq Ft: 44.2
  • Basement Foundation: Crawl, Cellar
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 938
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 8

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 180
  • Annual Fuel Expense: 745
  • Annual Insurance Expense: 937
  • Annual Water Sewer Expense: 959
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Plymouth Community School Corp.
  • Elementary School: Jefferson
  • Middle School: Lincoln
  • High School: Plymouth
  • Elementary School: Jefferson

Lot Info

  • Lot Description: 0-2.9999, Water View
  • Lot Dimensions: 35x71
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 500
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 970

MLS Schools

  • High School: Plymouth
  • Middle School: Lincoln
  • School District: Plymouth Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 8, 2022
Sold by
Eisenhour Kristine L
Bought by
5M Rental Llc
Seller's Agent
Leah Zellers
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Leah Zellers
RE/MAX OAK CREST -PLYMOUTH
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
$107,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,398
Avg. Annual Appreciation
13.02%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Eisenhour Alan K
Bought by
Eisenhour Kristine L
Source: Public Records

Range of Values:

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Average Value
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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
5M Rental Llc -- None Listed On Document
Eisenhour Kristine L -- --
Eisenhour Kristine L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $80,000 -19.9% $44 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $99,900 -- $55 / 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 $1,391 $78,000 $5,200 $72,800
2022 $1,391 $58,400 $4,700 $53,700
2021 $898 $44,300 $3,900 $40,400
2020 $970 $47,900 $3,800 $44,100
2019 $927 $46,100 $3,600 $42,500
2018 $808 $39,900 $3,500 $36,400
2017 $497 $24,600 $3,500 $21,100
2016 $422 $22,200 $3,500 $18,700
2014 $414 $20,700 $3,400 $17,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202207646

Indiana Regional MLS

APN: 50-32-93-104-928.000-019