NOT LISTED FOR SALE

297 S Main St Scottsburg, IN 47170

Estimated Value: $225,000 - $265,000

4 Beds
4 Baths
2,508 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $213,000 $85 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,518/month

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • 2 Car Detached Garage
  • 2 Fireplaces
  • Covered Patio or Porch
  • Thermal Windows

About This Home

As of January 2022

Well maintained newer income producing duplex near the city square in downtown Scottsburg. This two story duplex was built in 2008, over 2500sf, has two 2BR 2 Full bath units with 2 separate one car garages. 4 total potential income sources. Upstairs currently rented at a modest $900/mo to a long time great tenant. Downstairs is vacant & was just remodeled with fresh paint, new LVP flooring and ready for a new resident at $1,100 or more per month. Each garage currently generates $100 per side. Total income potential $2,200 per month or more. Each unit floor plan is the same, both have outside porch areas, kitchen appliances, including downstairs fridge remain (upstairs fridge is tenant owned). Tenants pay all utilities. Owner pays $2,191 taxes/yr, $1,855 insurance/yr. & $25 per yard mowing. Nearly 10% CAP Rate. Contact agent for details and showings, please respect resident's privacy and do not disturb, yes they know property is for sale, they're on month to month lease. Lease available for review upon accepted contract. One member of owning entity is licensed real estate agent in Indiana and is a listing agent. Invest in real estate today!

Last Agent to Sell the Property

Todd Paxton

Lopp Real Estate Brokers License #RB14033891 Listed on: 10/25/2021

Last Buyer's Agent

Angie Embs

eXp Realty, LLC License #RB19000257

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 2008

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 720520310088000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Improvements: 101700
  • Additional Parking: Off Street
  • Annual Tax: 2192
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Slab
  • Land Assessment: 7400
  • Legal Description: WARDELL SOUTH S PT LOT 170 & S PT LOT 173 (58.5) WATERSHED SEE ADDED 0079100300
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 720520310088000008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 109100
  • Total Deduction Amnt: 3000
  • Total Finished Square Footage: 2508
  • Type: 2 Story
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2508.00
  • Appliances: Dishwasher, Disposal, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Master, Blinds, Cable Wired, Ceramic Bath, Walk-In Closet(s)
  • Lot Sq Ft: 6534.00
  • Room Count: 14
  • Sewer Type: Sewer
  • Total Sq Ft: 2508
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Paved Driveway, Public Sidewalk, Screens, Solid Surface Drive, Thermopane Windows

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.1500
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 3, 2022
Sold by
Onward Investment Group Llc
Bought by
A94 Properties Llc
Seller's Agent
Todd Paxton
Lopp Real Estate Brokers
Buyer's Agent
Angie Embs
eXp Realty, LLC
List Price
$229,900
Sold Price
$213,000
Premium/Discount to List
-$16,900
-7.35%
Current Estimated Value
$244,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,744
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Oct 26, 2020
Sold by
Hughbanks Dane and Hughbanks Kenny
Bought by
Onward Investment Group Llc

Purchase Details

Closed on
Jun 3, 2008
Sold by
Cravens America Jane
Bought by
Hughbanks Dane and Hughbanks Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2006
Sold by
Citifinancial Services Inc
Bought by
Cravens American Jane
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
A94 Properties Llc $213,000 Momentum Title Agency
Onward Investment Group Llc -- None Available
Hughbanks Dane -- None Available
Cravens American Jane $14,900 Citifinancial Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughbanks Dane $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $213,000 -5.3% $85 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/29/2021 11/29/21 Price Changed $225,000 -2.1% $90 / Sq Ft
11/23/2021 11/23/21 For Sale $229,900 0.0% $92 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $229,900 -- $92 / 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 $2,638 $131,900 $7,200 $124,700
2023 $2,726 $136,300 $7,200 $129,100
2022 $2,642 $132,100 $7,400 $124,700
2021 $2,702 $135,100 $7,400 $127,700
2020 $2,191 $109,100 $7,400 $101,700
2019 $2,213 $110,200 $7,400 $102,800
2018 $2,214 $110,200 $7,400 $102,800
2017 $2,248 $111,900 $7,400 $104,500
2016 $2,248 $111,900 $7,400 $104,500
2014 $2,254 $112,700 $7,400 $105,300
2013 $2,254 $112,700 $7,400 $105,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011795

Southern Indiana REALTORS® Association

APN: 72-05-20-310-088.000-008