NOT LISTED FOR SALE

307 N Vine St Plainfield, IN 46168

Estimated Value: $206,000 - $259,000

2 Beds
2 Baths
1,202 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $148,500 $124 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,578/month

1 Day on Market

Highlights

  • Ranch Style House
  • Central Elementary School Rated A
  • 3-minute walk to Franklin Park

About This Home

As of September 2019

Don't miss this great property ready for the first time investor or the seasoned professional. This property sits only two blocks from the best Plainfield has to offer: parks, hiking trails, shopping, Splash Island Water Park and more! Your current and future renters will love this quiet neighborhood. Just 15 short minutes from 465, this location will be an easy commute to the airport (15 minutes) or downtown INDY (35 minutes). Tenants pay all utilities. As of listing date, both units are tenant occupied.

Last Listed By

Stephanie Evelo

Keller Williams Indy Metro NE License #RB14024526 Listed on: 08/01/2019

Keller Williams Indy Metro NE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Listing and Financial Details

  • Tenant pays for lawncare all utilities
  • The owner pays for inshazard taxes no utilities
  • Assessor Parcel Number 321027448009000012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,636

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1970
  • Co List Office Phone: 317-564-7100
  • Lot Size Acres: 0.21
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Don't miss this great property ready for the first time investor or the seasoned professional. This property sits only two blocks from the best Plainfield has to offer: parks, hiking trails, shopping, Splash Island Water Park and more! Your current and future renters will love this quiet neighborhood. Just 15 short minutes from 465, this location will be an easy commute to the airport (15 minutes) or downtown INDY (35 minutes). Tenants pay all utilities. As of listing date, both units are tenant occupied.
  • Transaction Type: Sale
  • Website: https://www.searchindianapolisINhomes.com
  • Unit Count: 2
  • Conversion: 0
  • Website: https://www.eveloteam.com/
  • Special Features: None

Interior Features

  • Levels: One
  • Owner Pays: InsHazard,Taxes,No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 175000

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 321027448009000012
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer
  • Lot Number: n/a
  • Lot Size: 70x140

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Lawncare,All Utilities

Multi Family

  • Net Operating Income: 18540
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3636
  • Semi Annual Property Tax Amt: 1818
  • Tax Exemption: None

MLS Schools

  • School District: Plainfield Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 9, 2019
Sold by
Reichert Family Trust
Bought by
Davis Mark Aaron and Davis Michele Rene
Seller's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$175,000
Sold Price
$148,500
Premium/Discount to List
-$26,500
-15.14%
Total Days on Market
1
Current Estimated Value
$225,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,347
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Oct 5, 2006
Sold by
Two Llc
Bought by
Reichert Joseph A and Edwards-Reichert Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Interest Rate
7.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2005
Sold by
Crager Michelle R
Bought by
Two Llc

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
Davis Mark Aaron -- Chicago Title
Reichert Joseph A -- None Available
Two Llc -- None Available
Crager Michelle R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichert Joseph A $105,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $148,500 0.0% $124 / Sq Ft
08/14/2019 08/14/19 Rented $795 0.0% --
08/02/2019 08/02/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $175,000 0.0% $146 / Sq Ft
07/08/2019 07/08/19 Under Contract -- -- --
06/29/2019 06/29/19 Price Changed $795 -11.2% $1 / Sq Ft
06/29/2019 06/29/19 For Rent $895 -- --
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 $3,840 $198,000 $20,800 $177,200
2023 $3,946 $198,000 $20,800 $177,200
2022 $2,430 $121,500 $12,800 $108,700
2021 $2,430 $121,500 $13,700 $107,800
2020 $2,430 $121,500 $14,100 $107,400
2019 $2,430 $197,300 $15,900 $181,400
2018 $3,838 $191,900 $15,900 $176,000
2017 $2,944 $147,200 $15,400 $131,800
2016 $2,820 $141,000 $15,400 $125,600
2014 $2,760 $138,000 $14,200 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21658412

MIBOR Broker Listing Cooperative®

APN: 32-10-27-448-009.000-012