NOT LISTED FOR SALE

301 E College St Crawfordsville, IN 47933

Estimated Value: $217,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold October 13, 2016

Last sale price $115,000

Est. 89% increase in value since last sale

Current estimated payment $1,373/month

348 Days on Market

About This Home

As of October 2016

Great four unit residential building with wonderful main floor space for restaurant/business, located just blocks from the center of town and Wabash College. Very good net operating income. All apartments have a refrigerator and range.

Last Agent to Sell the Property

Michael Schmidt

Offerpad Brokerage, LLC Listed on: 10/21/2015

Last Buyer's Agent

Stephen Zachary

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,227

Home Design

  • Brick Exterior Construction
  • Stone

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • Naylors Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 541005221113000030

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Other
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1880
  • Lot Size Acres: 0.12
  • Subdivision Name: NAYLORS
  • Inspection Warranties: Not Applicable
  • Property Description: Great four unit residential building with wonderful main floor space for restaurant/business, located just blocks from the center of town and Wabash College. Very good net operating income. All apartments have a refrigerator and range.
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 1
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Sewer, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Brick, Stone
  • Disclosures: Not Applicable
  • List Price: 129900

Garage/Parking

  • Unit Parking: On Street,Parking Lot

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 6893

Lot Info

  • Parcel Number: 541005221113000030
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 5
  • Lot Size: 108x46

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 15787
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3052
  • Semi Annual Property Tax Amt: 1526
  • Tax Exemption: None
  • Multiple Tax I D: 541005221112000030

MLS Schools

  • School District: Crawfordsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Oct 13, 2016
Sold by
Fiat Lux Partners Llc
Bought by
Nordenbrock Michael D and Nordenbrock Gail
Seller's Agent
Michael Schmidt
Offerpad Brokerage, LLC
Buyer's Agent
Stephen Zachary
Carpenter, REALTORS®
List Price
$133,900
Sold Price
$115,000
Premium/Discount to List
-$18,900
-14.12%
Current Estimated Value
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,000
Original Mortgage
$88,250
Outstanding Balance
$43,891
Interest Rate
3.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 3, 2013
Sold by
Mcdeavitt Edward J
Bought by
Fiat Lux Partners Llc Scott Fiat Lux Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,960
Interest Rate
3.52%
Mortgage Type
Commercial
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
Nordenbrock Michael D -- Security Abstract & Title Co
Fiat Lux Partners Llc Scott Fiat Lux Partners $294,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordenbrock Michael D $88,250
Previous Owner Mcdeavitt Edward $58,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $115,000 0.0% --
10/04/2016 10/04/16 Pending -- -- --
08/28/2016 08/28/16 Off Market $115,000 -- --
02/18/2016 02/18/16 Price Changed $129,900 -3.0% --
10/21/2015 10/21/15 For Sale $133,900 -- --
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 $2,222 $70,000 $8,200 $61,800
2023 $2,182 $70,700 $8,200 $62,500
2022 $2,207 $69,300 $8,200 $61,100
2021 $2,135 $65,200 $8,200 $57,000
2020 $2,141 $65,200 $8,200 $57,000
2019 $2,160 $65,200 $8,200 $57,000
2018 $2,008 $65,200 $8,200 $57,000
2017 $1,980 $64,100 $8,200 $55,900
2016 $1,976 $64,100 $8,200 $55,900
2014 $1,964 $62,300 $8,200 $54,100
2013 $1,964 $61,700 $8,200 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21382821

MIBOR Broker Listing Cooperative®

APN: 54-10-05-221-113.000-030