NOT LISTED FOR SALE

2809 S Cherry St Lexington, IN 47138

Estimated Value: $191,342

8 Beds
3.5 Baths
2,360 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $175,000 $74 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,202/month

327 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of August 2022

Investment Property! This Multi-Family, 4 unit apartment building consists of 2 efficiency apartments, a 4 BR apartment and a 2 BR apartment. Good income potential for your portfolio! Rents are as follows: 4BR upstairs apartment @ $700/mo, 2BR 1st floor apartment @ $750/mo, efficiency apartment $550/mo, ground level efficiency apartment is currently being used for storage, but can be used as a storefront business as well.

Last Agent to Sell the Property

Melanie Wells

HOOSIER REALTY License #RB14039742 Listed on: 07/09/2021

Last Buyer's Agent

Lana Zollman

Bridge Realtors License #RB18000955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,360 Sq Ft Home
  • Ceiling Fan
  • First Floor Utility Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 720634330008000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 67300
  • Annual Tax: 1459
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Land Assessment: 8700
  • Legal Description: LEXINGTON PT LOT 38 & PT LOT 47 WATERSHED
  • Lot Dimensions: .31
  • Parcel Number: 720634330008000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76000
  • Total Finished Square Footage: 2360
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2360.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Interior Amenities: 1st Floor Utility, Bath 1/2 Master, Bath Master, Ceiling Fan(s), Eat-In Kitchen
  • Lot Sq Ft: 13503.60
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2360

Exterior Features

  • Exterior Features: Covered Porch, Deck, Porch, Public Sidewalk

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric, Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Scott County Dist 2

Lot Info

  • Acres: 0.3100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2001
Sold by
Albert Richards and Albert Geraldine
Bought by
Williams Leroy and Williams Edna Bernice
Current Estimated Value
$191,342
Source: Public Records

Range of Values:

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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
Williams Leroy $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Williams Leroy $349,598
Closed Williams Leroy $355,871
Closed Williams Leroy $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $175,000 -7.4% $74 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $189,000 -5.0% $80 / Sq Ft
07/09/2021 07/09/21 For Sale $199,000 -- $84 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,850 $96,400 $8,700 $87,700
2023 $1,908 $98,400 $8,700 $89,700
2022 $1,521 $81,500 $8,700 $72,800
2021 $1,502 $76,000 $8,700 $67,300
2020 $1,459 $76,000 $8,700 $67,300
2019 $1,460 $76,000 $8,700 $67,300
2018 $1,423 $73,100 $6,500 $66,600
2017 $1,343 $72,000 $6,500 $65,500
2016 $1,592 $85,400 $6,500 $78,900
2014 $1,587 $82,800 $6,500 $76,300
2013 $1,587 $86,200 $9,900 $76,300
Source: Public Records

Agents Affiliated with this Home

  • Melanie Wells

    Seller's Agent in 2022

    Melanie Wells

    HOOSIER REALTY

    (812) 620-3018

    76 Total Sales

    Section Image
  • Lana Zollman

    Buyer's Agent in 2022

    Lana Zollman

    Bridge Realtors

    (812) 913-2391

    75 Total Sales

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202109149

Southern Indiana REALTORS® Association

APN: 72-06-34-330-008.000-005

Indiana Scott County Lexington 47138

2809 S Cherry St, Lexington, IN

This home is located at 2809 S Cherry St, Lexington, IN 47138 since 09 July 2021 and is currently estimated at $191,342, approximately $81 per square foot. This property was built in 1940. 2809 S Cherry St is a home located in Scott County with nearby schools including Scottsburg Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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