NOT LISTED FOR SALE

2594 E Us Highway 40 Greencastle, IN 46135

Estimated Value: $226,425 - $333,000

2 Beds
2 Baths
1,440 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $152,500 $106 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,685/month

172 Days on Market

About This Home

As of March 2019

INVESTORS DON'T MISS THIS OPPORTUNITY! Five income units that gross $3,000- a month! $36,000 ANNUALLY @ 100% Occupancy! Owner pays water and trash pick-up, electric and gas on two unit apartment building. Tenants pay electric and gas on all remaining units. Convenient location to I-70 & US 40. Two story apartment Bldg. Single family cottage. Two manufactured homes. Municipal water and newer septic.

Last Agent to Sell the Property

Clint Cooper

The Stewart Home Group License #RB14042978 Listed on: 08/15/2018

The Stewart Home Group

Last Buyer's Agent

Eric Wolfe

Prime Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1955

Lot Details

  • 0.84 Acre Lot

Listing and Financial Details

  • Tenant pays for cable tv electricity gas insurance
  • The owner pays for inshazard lawncare taxes water
  • Assessor Parcel Number 671201400023000017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,618

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: ApartBldg,Manufact
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1955
  • Lot Size Acres: 0.84
  • Road Frontage Type: HwyUS
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Other
  • Property Description: INVESTORS DON'T MISS THIS OPPORTUNITY! Five income units that gross $3,000- a month! $36,000 ANNUALLY @ 100% Occupancy! Owner pays water and trash pick-up, electric and gas on two unit apartment building. Tenants pay electric and gas on all remaining units. Convenient location to I-70 & US 40. Two story apartment Bldg. Single family cottage. Two manufactured homes. Municipal water and newer septic.
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Levels: One,Two
  • Owner Pays: InsHazard,Lawncare,Taxes,Water
  • Possible Use: Apt<20
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Aluminum Siding,Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 167500
  • Road Access: HwyUS
  • Interstate: Ramp1-3mi

Garage/Parking

  • Unit Parking: Parking Lot,Unpaved

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 9461
  • Insurance Expenses: 1500

Lot Info

  • Current Use: Apt<20
  • Parcel Number: 671201400023000017
  • Acres: 1/2-1 Acre
  • Lot Information: Other
  • Lot Number: 0
  • Lot Size: 36,590

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance

Multi Family

  • Net Operating Income: 26539
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1618
  • Semi Annual Property Tax Amt: 809
  • Tax Exemption: None

MLS Schools

  • School District: South Putnam Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Mar 5, 2019
Sold by
Coons Jerry
Bought by
Bonzer Properties Llc
Seller's Agent
Clint Cooper
The Stewart Home Group
Buyer's Agent
Eric Wolfe
Prime Real Estate Group
List Price
$167,500
Sold Price
$152,500
Premium/Discount to List
-$15,000
-8.96%
Current Estimated Value
$276,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,356
Avg. Annual Appreciation
9.40%
Original Mortgage
$212,000
Outstanding Balance
$186,384
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$90,472

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jun 27, 2017
Sold by
Tincher Clifford and Tincher Lavcher
Bought by
Coons Jerry
Seller's Agent
Connie Cooper
Carpenter, REALTORS®
Buyer's Agent
Clint Cooper
Carpenter, REALTORS®
List Price
$118,500
Sold Price
$105,000
Premium/Discount to List
-$13,500
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.71%
Original Mortgage
$84,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bonzer Properties Llc -- Quality Title
Coons Jerry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonzer Properties Llc $212,000
Previous Owner Coons Jerry $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2019 03/05/19 Sold $152,500 -9.0% $106 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
08/15/2018 08/15/18 For Sale $167,500 +59.5% $116 / Sq Ft
06/27/2017 06/27/17 Sold $105,000 -11.4% $73 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $118,500 -- $82 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,651 $151,500 $18,000 $133,500
2023 $1,997 $110,100 $18,000 $92,100
2022 $1,887 $106,000 $13,900 $92,100
2021 $1,747 $97,600 $13,900 $83,700
2020 $1,781 $98,300 $13,900 $84,400
2019 $1,789 $100,000 $13,900 $86,100
2018 $1,801 $100,600 $13,900 $86,700
2017 $1,620 $101,000 $13,900 $87,100
2016 $1,410 $98,300 $13,900 $84,400
2014 $1,644 $100,800 $13,900 $86,900
2013 $1,644 $105,800 $13,900 $91,900
Source: Public Records

Agents Affiliated with this Home

  • Clint Cooper

    Seller's Agent in 2019

    Clint Cooper

    The Stewart Home Group

    (765) 721-6584

    74 Total Sales

    Clint Cooper
    Section Image

  • E

    Buyer's Agent in 2019

    Eric Wolfe

    Prime Real Estate Group

    Section Image
  • Connie Cooper

    Seller's Agent in 2017

    Connie Cooper

    Carpenter, REALTORS®

    (765) 721-3040

    52 Total Sales

    Connie Cooper
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21589603

MIBOR Broker Listing Cooperative®

APN: 67-12-01-400-023.000-017

Indiana Putnam County Greencastle 46135

2594 E Us Highway 40, Greencastle, IN

This home is located at 2594 E Us Highway 40, Greencastle, IN 46135 since 15 August 2018 and is currently estimated at $276,856, approximately $192 per square foot. This property was built in 1955. 2594 E Us Highway 40 is a home located in Putnam County with nearby schools including South Putnam High School and Peace Lutheran School.

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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