NOT LISTED FOR SALE

302 W State St Princeton, IN 47670

Estimated Value: $146,000 - $188,000

6 Beds
6 Baths
3,899 Sq Ft
$43/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $105,000 $27 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,183/month

15 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Central Air
  • Covered patio or porch
  • Landscaped
  • Carpet

About This Home

As of August 2019

This 6 plex apartment building is a great Investment Opportunity. Whether this would be your first apartment complex to purchase and manage or you are an experienced landlord, this can be a terrific investment. Current Owners have owned since 1988 and have taken great pride in this complex. Six one bedroom apartments each having their own private bath and kitchen. Roof: Dimensional Shingles & all decking were replaced in 2017, Unit 5 has 3 Tab Shingles inspected in 2017 still in good condition Owner does not know the age of the 3 Tab, Unit 6 has a 1 year old rubber roof. Property being Sold-As, but Buyers can have inspections for their own knowledge. Property Taxes are $1658 a year.

Last Listed By

Anita Waldroup

F.C. TUCKER EMGE Listed on: 06/09/2019

F.C. TUCKER EMGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1901

Lot Details

  • 9,797 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Rubber Roof
  • Stone Exterior Construction

Interior Spaces

  • 3,899 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Suburban Location

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, fuel
  • The owner pays for building insurance, maintenance, water
  • Assessor Parcel Number 26-12-07-104-002.496-028

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,603
  • Water Sewer Expense $1,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1901
  • Age: 118
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: EVANS ENLG 5 PT
  • Parcel Number ID: 26-12-07-104-002.496-028
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Landscaped, Porch Covered
  • Cross Street: N West Street
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 110.53
  • Monthly Gross Income: 2835
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3899
  • Total Finished Sq Ft: 3899
  • Above Grade Finished Sq Ft: 3899
  • Price Per Sq Ft: 26.93
  • Basement: Yes
  • Basement Foundation: Outside Entrance Only, Partial Basement, Unfinished
  • Flooring: Carpet
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Aluminum, Stone
  • Roof Material: Rubber, Shingle
  • Stories: 2
  • Outbuilding: Shed

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Princeton Water Dept.
  • Annual Insurance Expense: 1603
  • Annual Water Sewer Expense: 1920
  • Number Electric Meters: 6
  • Number Water Meters: 1

Schools

  • School District: North Gibson School Corp.
  • Elementary School: Princeton
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Princeton

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 70 X 140
  • Estimated Lot Sq Ft: 9797
  • Estimated Lot Size Acres: 0.2249

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Water
  • Tenant Pays: Cable, Electric, Fuel

Multi Family

  • Gross Monthly Rent: 2835
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Num Of1 Bedrooms: 6
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 1658

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Aug 2, 2019
Sold by
Pyle John D and Pyle Carolyn S
Bought by
Happy Dwellings Llc
Seller's Agent
Anita Waldroup
F.C. TUCKER EMGE
Buyer's Agent
Anita Waldroup
F.C. TUCKER EMGE
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%
Total Days on Market
15
Current Estimated Value
$166,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,077
Avg. Annual Appreciation
5.59%

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
Happy Dwellings Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $105,000 +10.5% $27 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $95,000 -- $24 / Sq Ft
Source: Indiana Regional MLS

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 $3,142 $156,200 $6,800 $149,400
2023 $2,970 $148,500 $6,800 $141,700
2022 $2,740 $137,000 $6,800 $130,200
2021 $2,140 $107,000 $6,800 $100,200
2020 $1,792 $88,700 $6,800 $81,900
2019 $1,682 $83,200 $6,800 $76,400
2018 $1,658 $82,900 $6,800 $76,100
2017 $1,650 $82,500 $6,800 $75,700
2016 $1,650 $82,500 $6,800 $75,700
2014 $2,276 $113,800 $6,800 $107,000
2013 -- $114,900 $6,800 $108,100
Source: Public Records

Agents Affiliated with this Home

  • Anita Waldroup

    Seller's Agent in 2019

    Anita Waldroup

    F.C. TUCKER EMGE

    (812) 386-6200

    245 Total Sales

    Anita Waldroup
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Map

Source: Indiana Regional MLS

MLS Number: 201923888

Indiana Regional MLS

APN: 26-12-07-104-002.496-028

Indiana Gibson County Princeton 47670

302 W State St, Princeton, IN

Homes for Sale in Princeton, IN

This home is located at 302 W State St, Princeton, IN 47670 since 09 June 2019 and is currently estimated at $166,077, approximately $42 per square foot. This property was built in 1901. 302 W State St is a home located in Gibson County with nearby schools including Princeton Community Intermediate School, Princeton Community Primary School, and Princeton Community Middle 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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