NOT LISTED FOR SALE

307 S Main St Amboy, IN 46911

Estimated Value: $146,000 - $160,000

6 Beds
3 Baths
2,750 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $89,630 $33 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,071/month

17 Days on Market

Highlights

  • Eat-In Kitchen
  • Water Softener is Owned
  • Baseboard Heating
  • Double Pane Windows
  • Ceiling Fan
  • Level Lot

About This Home

As of July 2019

Investor ready!!! Check out this recently updated triplex located centrally between Kokomo, Peru & Marion, Indiana. Each apartment is 2 bedrooms and 1 bath with kitchen appliances & laundry hook-ups, 2 have a stackable washer/dryer units that remain. The property also offers an oversized 2 car detached garage with additional potential income. Lots of updates have been done over the last several years to the residential building including a new roof, vinyl siding, vinyl windows, electrical, & PEX plumbing. Interior updates include newer flooring, paint and appliances. Apartment number 3 was remodeled down to the studs a few years ago and has new cabinets and modern colors. Buyer responsible for verifying schools.

Last Agent to Sell the Property

Suzie Bradford

The Hardie Group Listed on: 04/20/2019

Last Buyer's Agent

Suzie Bradford

The Hardie Group Listed on: 04/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1940

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Converse/Sweetser/Swayzee Elementary School
  • Oak Hill Middle School
  • Oak Hill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, sewer, water softener
  • Assessor Parcel Number 52-15-23-300-010.000-010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • Electric Expense $500
  • Insurance Expense $2,000
  • Maintenance Expense $600
  • Water Sewer Expense $672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1940
  • Age: 79
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 010-27209-00 PT E1/2 SW 1/4;23-25-05, .15; DA 544/569/687; 19 272 00900
  • Parcel Number ID: 52-15-23-300-010.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Countertops-Laminate, Eat-In Kitchen, Water Heater Electric, Water Softener-Owned
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.63
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2955
  • Total Finished Sq Ft: 2750
  • Above Grade Finished Sq Ft: 2750
  • Below Grade Sq Ft: 205
  • Price Per Sq Ft: 32.59
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 205
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Off Street, Paved, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Unknown
  • Annual Electric: 500
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 672
  • Number Electric Meters: 4
  • Number Of W D Hookups: 3

Schools

  • School District: Oak Hill United School Corp.
  • Elementary School: Converse/Sweetser/Swayzee
  • Middle School: Oak Hill
  • High School: Oak Hill
  • Elementary School: Converse/Sweetser/Swayzee

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50 X 132
  • Estimated Lot Sq Ft: 7231
  • Estimated Lot Size Acres: 0.166

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Water Softener
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1495
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1215.54

MLS Schools

  • High School: Oak Hill
  • Middle School: Oak Hill
  • School District: Oak Hill United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Us Home Vault Llc
Bought by
Naapch Llc
Current Estimated Value
$153,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$98,283
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$59,384

Purchase Details

Listed on
Apr 20, 2019
Closed on
Jul 2, 2019
Sold by
Jsk Development Llc
Bought by
Weaver Jason
Seller's Agent
Suzie Bradford
The Hardie Group
Buyer's Agent
Suzie Bradford
The Hardie Group
List Price
$95,000
Sold Price
$89,630
Premium/Discount to List
-$5,370
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$63,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2012
Closed on
Aug 15, 2013
Sold by
Morris Robert L
Bought by
Jks Development Llc
Seller's Agent
Linda Sparks
Point1 Realty
Buyer's Agent
John "Andy" Young
Ness Bros. Realtors & Auctioneers
List Price
$25,000
Sold Price
$11,900
Premium/Discount to List
-$13,100
-52.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.97%
Source: Public Records

Range of Values:

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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
Naapch Llc $110,000 --
Us Home Vault Llc $110,000 --
Weaver Jason $89,636 Metropolitan Title Company
Jks Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Us Home Vault Llc $101,250
Closed Naapch Llc $101,250
Previous Owner Weaver Jason $63,750
Previous Owner Jks Development Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $89,630 -9.4% $33 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $98,900 +4.1% $36 / Sq Ft
04/20/2019 04/20/19 For Sale $95,000 +698.3% $35 / Sq Ft
08/15/2013 08/15/13 Sold $11,900 -52.4% $5 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
04/12/2012 04/12/12 For Sale $25,000 -- $10 / 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 $2,591 $129,300 $3,100 $126,200
2023 $2,591 $130,700 $3,100 $127,600
2022 $2,614 $130,700 $3,100 $127,600
2021 $1,424 $71,200 $3,100 $68,100
2020 $1,424 $71,200 $3,100 $68,100
2019 $1,420 $71,200 $3,100 $68,100
2018 $1,203 $61,600 $3,100 $58,500
2017 $1,053 $58,300 $3,100 $55,200
2016 $1,041 $58,300 $3,100 $55,200
2014 $1,026 $57,400 $3,100 $54,300
2013 -- $57,100 $3,100 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201914896

Indiana Regional MLS

APN: 52-15-23-300-010.000-010