NOT LISTED FOR SALE

305 S 3rd St Monticello, IN 47960

Estimated Value: $158,000 - $994,000

4 Beds
2 Baths
1,705 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2024

Last sale price $179,900 $106 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,395 / mo

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • Ceiling Fan
  • Carpet
  • Forced Air Heating and Cooling System
  • Level Lot
  • 4-minute walk to Chalmers Community Park

About This Home

As of February 2024

Low maintenance all brick duplex located in town and close to amenities. Located close to schools, shopping, and the hospital. Each unit has 2 bedrooms, 1 bathroom, attached 1 car garage and 852 square feet. Both units are rented with long term tenants and currently under lease until 4-18-24. A solid investment to add to your portfolio!

Last Agent to Sell the Property

Bart Hickman

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-870-4269 Listed on: 01/17/2024

Last Buyer's Agent

Bart Hickman

REAL ESTATE NETWORK L.L.C Brokerage Phone: 574-870-4269 Listed on: 01/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1978

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 51x175 25x175
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composite Building Materials

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Suburban Location

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, deposit value, electric, fuel, water
  • The owner pays for lawn maintenance, snow removal
  • Assessor Parcel Number 91-73-33-003-026.400-021

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $910
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,446

Year Built

Built in 1978

Lot Details

0.31 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1978
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LEGAL DESCRIPTION: I M DAVIS SUB OF BLK 3 IN JCR 3RD ADD LT 8 & W/ 1/2 LT
  • Parcel Number ID: 91-73-33-003-026.400-021
  • Platted: Yes
  • Amenities: Ceiling Fan, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 1705
  • Total Finished Sq Ft: 1705
  • Above Grade Finished Sq Ft: 1705
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Composite
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 4
  • Parking: Garage, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 910
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51X175 25X175
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Owner Pays: Lawn Maintenance, Snow Removal
  • Tenant Pays: Cable, Deposit Value, Electric, Fuel, Water

Tax Info

  • Annual Property Tax: 2446

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 6, 2024
Sold by
Bought by
Seller's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
Buyer's Agent
Bart Hickman
REAL ESTATE NETWORK L.L.C
List Price
$179,900
Sold Price
$179,900
Views
30
Current Estimated Value
$394,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,518
Avg. Annual Appreciation
36.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$179,900 White County Abstract & Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $179,900 0.0% $106 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $179,900 -- $106 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,176 $158,800 $13,700 $145,100
2024 $2,966 $148,300 $13,700 $134,600
2023 $2,706 $135,300 $13,700 $121,600
2022 $2,446 $122,300 $13,700 $108,600
2021 $2,276 $113,800 $13,700 $100,100
2020 $2,116 $105,800 $13,700 $92,100
2019 $1,956 $97,800 $13,700 $84,100
2018 $1,816 $90,800 $13,700 $77,100
2017 $1,724 $86,200 $13,700 $72,500
2016 $1,724 $86,200 $13,700 $72,500
2014 $1,650 $82,500 $12,900 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202401729

Indiana Regional MLS

APN: 91-73-33-003-026.400-021

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