$570,000
SOLD MAR 21, 2017

260 E Church St Bloomfield, IN 47424

34 Beds
24 Baths
16,944 Sq Ft
1.96 Acres

Recently Sold

$34 Per Sq Ft

12% Below List Price

106 Days on Market

Highlights

  • Eat-In Kitchen
  • Level Lot
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

LOOKING FOR AN INVESTMENT? CHECK OUT THIS BRICK 24 UNIT! PROPERTY CONSISTS OF 4 BUILDINGS WITH 6 UNITS IN EACH BUILDING. THERE ARE 14 ONE BEDROOM UNITS AND 10 TWO BEDROOM UNITS. EACH UNIT HAS ITS OWN GAS FURNACE AND WATER HEATER AS WELL AS STOVE AND REFRIGERATOR. OUTSIDE IS A LITTLE PARK AREA FOR THE TENANTS WITH ROOM TO GRILL AND PICNIC. LARGE PARKING AREA SURROUNDING ALL THE BUILDINGS TO OFFER PLENTY OF PARKING

Last Agent to Sell the Property

Natasha Johns

Williams Carpenter Realtors Listed on: 09/15/2016

Williams Carpenter Realtors

Last Buyer's Agent

Natasha Johns

Williams Carpenter Realtors Listed on: 09/15/2016

Williams Carpenter Realtors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1972

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 16,944 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 24 Full Bathrooms

Parking

  • 25 Parking Spaces
  • Private Parking
  • Paved Parking

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Additional Features

  • Level Lot
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, trash collection, water
  • Assessor Parcel Number 28-08-23-331-023.000-025

Community Details

Overview

  • 4 Buildings
  • 24 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $1,678
  • Trash Expense $2,659
  • Water Sewer Expense $13,320

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,722

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1972
  • Age: 44
  • Bedrooms: 34
  • Number Above Grade Bedrooms: 34
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: 025-00075-00 GEN W 1/2 LT 221 GEN LT 220, LT 219 |
  • Parcel Number ID: 28-08-23-331-023.000-025
  • Platted: Yes
  • Amenities: Eat-In Kitchen
  • Location: City/Town/Suburb
  • Section Number: 23
  • Sp Lp Percent: 89.08
  • Monthly Gross Income: 11550
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 16944
  • Total Finished Sq Ft: 16944
  • Above Grade Finished Sq Ft: 16944
  • Price Per Sq Ft: 33.64
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 24

Exterior Features

  • Exterior: Brick, Metal
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 25
  • Parking: Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 1200
  • Annual Insurance Expense: 1677.96
  • Annual Trash Expense: 2659.2
  • Annual Water Sewer Expense: 13320

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRREGULAR

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 11550
  • Number Of Refrigerators: 24
  • Number Of Units: 24
  • Num Of1 Bedrooms: 14
  • Num Of2 Bedrooms: 10
  • Num Of Units Rented: 21

Tax Info

  • Annual Property Tax: 5722

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield 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
03/09/2022 03/09/22 Sold $810,000 -4.7% $191 / Sq Ft
06/08/2021 06/08/21 For Sale $850,000 +49.1% $201 / Sq Ft
03/21/2017 03/21/17 Sold $570,000 -12.3% $34 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $650,000 -- $38 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201643251

Indiana Regional MLS