NOT LISTED FOR SALE

308 NE 5th St Unit 5 Washington, IN 47501

Estimated Value: $182,183 - $205,000

11 Beds
5 Baths
4,524 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $92,500 $20 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,339/month

121 Days on Market

Highlights

  • A-Frame Home
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Community Storage Space

About This Home

As of April 2015

Well maintain apartment building. 4 large size apartments with 2BR, 1BA and one studio with 1BR, 1BA.

Last Agent to Sell the Property

Sonia Gaither

RE/MAX Elite Listed on: 11/17/2014

Last Buyer's Agent

Anna Lou Chapman

RE/MAX Elite

RE/MAX Elite

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 66 x 144
  • Level Lot

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Parking

Location

  • Suburban Location

Schools

  • North Elementary And Middle School
  • Washington High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for cable, electric, heating, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 14-10-27-401-046.000-017

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,800
  • Insurance Expense $1,560
  • Maintenance Expense $360
  • Trash Expense $360
  • Water Sewer Expense $600

Additional Features

  • 5 Units
  • Community Storage Space

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,846

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: ORIG TOWN S 1/2 LOT 93 PT S 1/2 LOT 92 |
  • Parcel Number ID: 14-10-27-401-046.000-017
  • Platted: Yes
  • Amenities: Storage, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 77.15
  • Monthly Gross Income: 2350
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 5090
  • Total Finished Sq Ft: 4524
  • Above Grade Finished Sq Ft: 4524
  • Below Grade Sq Ft: 566
  • Price Per Sq Ft: 20.45
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 566
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Private

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1800
  • Annual Insurance Expense: 1560
  • Annual Maintenance Expense: 360
  • Annual Trash Expense: 360
  • Annual Water Sewer Expense: 600

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Washington Community Schools
  • Elementary School: North
  • Middle School: North
  • High School: Washington
  • Elementary School: North

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 X 144

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Cable, Electric, Heating, Lawn Maintenance, Sewer, Tax, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2350
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 4
  • Num Of Efficiencies: 5
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 1846

MLS Schools

  • High School: Washington
  • Middle School: North
  • School District: Washington Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Apr 20, 2015
Sold by
Drmyers Llc
Bought by
Gses Llc
Seller's Agent
Sonia Gaither
RE/MAX Elite
Buyer's Agent
Anna Lou Chapman
RE/MAX Elite
List Price
$119,900
Sold Price
$92,500
Premium/Discount to List
-$27,400
-22.85%
Current Estimated Value
$194,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,561
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Killion Harold
Bought by
Dr Myers Llc
Source: Public Records

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
Gses Llc $92,500 --
Dr Myers Llc $99,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $92,500 -22.9% $20 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $119,900 -- $27 / 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 $3,091 $154,500 $5,400 $149,100
2023 $2,989 $148,600 $5,400 $143,200
2022 $2,539 $126,100 $5,400 $120,700
2021 $2,333 $115,800 $5,400 $110,400
2020 $2,135 $105,900 $5,400 $100,500
2019 $1,984 $98,300 $5,400 $92,900
2018 $1,938 $96,000 $5,400 $90,600
2017 $1,923 $95,200 $5,400 $89,800
2016 $1,877 $92,900 $5,400 $87,500
2014 $1,883 $93,200 $5,400 $87,800
2013 $1,883 $91,300 $5,400 $85,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sonia Gaither

    RE/MAX

  • Anna Lou Chapman

    Buyer's Agent in 2015

    Anna Lou Chapman

    RE/MAX

    (812) 486-6031

    184 Total Sales

    Anna Lou Chapman
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Map

Source: Indiana Regional MLS

MLS Number: 201450537

Indiana Regional MLS

APN: 14-10-27-401-046.000-017

Indiana Daviess County Washington 47501

308 NE 5th St Unit 5, Washington, IN

This home is located at 308 NE 5th St Unit 5, Washington, IN 47501 since 17 November 2014 and is currently estimated at $194,061, approximately $42 per square foot. This property was built in 1900. 308 NE 5th St Unit 5 is a home located in Daviess County with nearby schools including Washington Junior High School, Washington Upper Elementary, and Washington High 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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