NOT LISTED FOR SALE

26 E Mechanic St Shelbyville, IN 46176

Estimated Value: $144,000 - $181,601

4 Beds
2 Baths
2,012 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $147,000 $73 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,013/month

4 Days on Market

About This Home

As of January 2024

Check out this historic but well maintained duplex (unit upstairs and downstairs). So much character remains but the larger items have been updated. Each unit has 2 bedrooms and 1 bath. New roof and AC in 2020. The building also has a newer water heater, exterior paint, replacement windows, and plumbing. There is a washer/dryer hookup in the lower level unit. Both units have tenants and bring in great rental income. Central location in Shelbyville.

Last Agent to Sell the Property

Hellena Robinett

CENTURY 21 Scheetz Brokerage Email: hrobinett@c21scheetz.com License #RB14047383 Listed on: 12/21/2023

CENTURY 21 Scheetz

Last Buyer's Agent

Justin Polston

Mackenzie Allen, Polston & Ass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1850

Lot Details

  • 8,410

Home Design

  • Duplex
  • Traditional Architecture

Schools

  • Shelbyville Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 8,410 Sq Ft Lot
  • Basement

Community Details

  • J Walker Mech Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Tax Lot 24
  • Assessor Parcel Number 730732300152000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,668

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1850
  • Lot Size Acres: 0.19
  • Subdivision Name: J Walker Mech
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: hrobinett@c21scheetz.com
  • Attribution Contact: hrobinett@c21scheetz.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Gas, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood Brick
  • List Price: 159000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Solid Waste: No

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: Shelbyville Middle School

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 8410
  • Parcel Number: 730732300152000002
  • Acres: <1/4 Acre
  • Price Acre: 773684

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1668
  • Tax Lot: 24
  • Semi Annual Property Tax Amt: 834

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Kainalu Llc
Bought by
Fisher Brandon H
Current Estimated Value
$160,400

Purchase Details

Listed on
Dec 21, 2023
Closed on
Jan 12, 2024
Sold by
Hct Capital Venture Llc
Bought by
Kainalu Llc
Seller's Agent
Hellena Robinett
CENTURY 21 Scheetz
Buyer's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
List Price
$159,000
Sold Price
$147,000
Premium/Discount to List
-$12,000
-7.55%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Sep 30, 2020
Sold by
Adams Rhonda S
Bought by
Hct Capital Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Fisher Brandon H -- None Listed On Document
Kainalu Llc $147,000 None Listed On Document
Hct Capital Venture Llc -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hct Capital Venture Llc $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $147,000 -7.5% $73 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $159,000 -- $79 / 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 $1,950 $97,500 $6,100 $91,400
2023 $1,956 $97,500 $6,300 $91,200
2022 $1,669 $83,200 $5,400 $77,800
2021 $1,435 $71,500 $5,000 $66,500
2020 $1,566 $78,000 $5,800 $72,200
2019 $1,386 $79,000 $6,300 $72,700
2018 $1,386 $79,000 $6,900 $72,100
2017 $1,335 $79,000 $7,300 $71,700
2016 $2,045 $101,400 $9,600 $91,800
2014 $1,000 $100,400 $9,600 $90,800
2013 $1,000 $100,400 $9,600 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21957506

MIBOR Broker Listing Cooperative®

APN: 73-07-32-300-152.000-002