NOT LISTED FOR SALE

25575 State Road 19 Arcadia, IN 46030

Estimated Value: $144,000 - $304,000

4 Beds
2 Baths
1,674 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $112,000 $67 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,351/month

28 Days on Market

Highlights

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

About This Home

As of July 2014

Completely remodeled both units, new roof in this all brick ranch duplex. Each unit has 5 rooms, 2 bedrooms, large living spaces. Also detached garage and sits on 1/2 acre. Live in one side and rent other or great investment.

Last Agent to Sell the Property

PJ Ryan

RE/MAX Anew Realty Listed on: 06/16/2014

RE/MAX Anew Realty

Last Buyer's Agent

MEIAR NonMember

NonMember MEIAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1973

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hamilton Elementary School
  • Hamilton Middle School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 29-03-30-000-039.001-008

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1973
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ACREAGE .50 |
  • Parcel Number ID: 29-03-30-000-039.001-008
  • Platted: Yes
  • Amenities: Cable Available, Detector-Smoke, Water Heater Gas
  • Sp Lp Percent: 80.06
  • Year Taxes Payable: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1674
  • Total Finished Sq Ft: 1674
  • Above Grade Finished Sq Ft: 1674
  • Price Per Sq Ft: 66.91
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1674

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Hamilton Heights School Corp.
  • Elementary School: Hamilton
  • Middle School: Hamilton Middle
  • High School: Hamilton
  • Elementary School: Hamilton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .50 acres
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 822

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: Hamilton
  • Middle School: Hamilton Middle
  • School District: Hamilton Heights School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 21, 2014
Sold by
Cain Geoffry
Bought by
Thomas Monica Joy
Seller's Agent
PJ Ryan
RE/MAX Anew Realty
Buyer's Agent
MEIAR NonMember
NonMember MEIAR
List Price
$139,900
Sold Price
$112,000
Premium/Discount to List
-$27,900
-19.94%
Current Estimated Value
$232,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,862
Avg. Annual Appreciation
6.77%
Original Mortgage
$109,971
Outstanding Balance
$82,960
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$149,902

Purchase Details

Listed on
Feb 19, 2012
Closed on
Jun 27, 2012
Sold by
Us Bank National Association
Bought by
Cain Geoffry
Seller's Agent
James Junkins
Berkshire Hathaway Home
Buyer's Agent
PJ Ryan
Highgarden Real Estate
List Price
$73,500
Sold Price
$51,007
Premium/Discount to List
-$22,493
-30.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.32%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Tharp Michael K
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 8, 2005
Sold by
Tharp Grace L
Bought by
Tharp Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,550
Interest Rate
7.75%
Mortgage Type
Stand Alone First
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
Thomas Monica Joy -- Pinnacle Land Title Co Inc
Cain Geoffry -- None Available
U S Bank National Association $61,200 None Available
Tharp Michael K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Monica Joy $11,976
Open Thomas Monica Joy $109,971
Closed Thomas Monica Joy $109,971
Previous Owner Cain Geoffry $29,000
Previous Owner Cain Geoffry $48,000
Previous Owner Tharp Michael K $87,550
Closed Cain Geoffry $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2014 07/21/14 Sold $112,000 0.0% $67 / Sq Ft
07/21/2014 07/21/14 Sold $112,000 -19.9% $67 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/14/2014 07/14/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $139,900 +24.9% $84 / Sq Ft
12/05/2013 12/05/13 For Sale $112,000 +119.6% $67 / Sq Ft
07/10/2012 07/10/12 Sold $51,007 -30.6% $30 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
02/19/2012 02/19/12 For Sale $73,500 -- $44 / 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 $1,323 $183,500 $44,200 $139,300
2023 $1,373 $183,900 $44,200 $139,700
2022 $1,318 $168,100 $44,200 $123,900
2021 $1,242 $158,800 $44,200 $114,600
2020 $1,107 $149,100 $44,200 $104,900
2019 $1,061 $145,800 $22,100 $123,700
2018 $1,120 $149,400 $21,900 $127,500
2017 $985 $137,600 $21,900 $115,700
2016 $927 $132,500 $21,900 $110,600
2014 $865 $128,900 $20,300 $108,600
2013 $865 $126,500 $20,300 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201424530

Indiana Regional MLS

APN: 29-03-30-000-039.001-008