$406,000
SOLD JUL 25, 2024

309 Indian Mound Rd Manchester, TN 37355

6 Beds
3 Baths
2,880 Sq Ft
1986 Built

Recently Sold

$141 Per Sq Ft

93% Above List Price

48 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available

About This Home

As of July 2024

309 Indian Mound Rd & 310 Indian Mound rd are Two Separate Units. Each unit has sides A & B & both sides are 2 bed 1 bath approximately 720sqft each for a total of 1440sqft per unit for a total of 4 apartments total. The seller will not accept offers for only one unit. Seller would like to sell both 309 & 310 Indian Mound Rd all together. MLS # for 310 Indian Mound is 2649574

Last Agent to Sell the Property

Jimmy Jernigan

Century 21 Coffee County Realty & Auction Brokerage Phone: 9314097653 License #255095 Listed on: 05/01/2024

Century 21 Coffee County Realty & Auction

Last Buyer's Agent

Deborah Trice

BHGRE Baker & Cole License #366126

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 100x150

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • College Street Elementary School
  • Westwood Middle School
  • Coffee County Central High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,500
  • Assessor Parcel Number 067P C 01700 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ewell Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $1,500
  • Net Operating Income $1,499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Inclusions: OTHER
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9314097653
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 6
  • Above Grade Finished Sq Ft: 2880
  • Building Area Units: Square Feet
  • Living Area: 2880
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RES
  • Lot Size: 100X150
  • Lot Size Units: Acres
  • Parcel #: 067P C 01700 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1500
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 1499
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1500

Tax Info

  • Tax Annual Amount: 1198

MLS Schools

  • Elementary School: College Street Elementary
  • High School: Coffee County Central High School
  • Middle Or Junior School: Westwood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 23, 2024
Sold by
Clark James E
Bought by
Morales Velazquez Josue and Juarez Lopez Fabian
Seller's Agent
Jimmy Jernigan
Century 21 Coffee County Realty & Auction
Buyer's Agent
Deborah Trice
BHGRE Baker & Cole
List Price
$210,000
Sold Price
$406,000
Premium/Discount to List
$196,000
93.33%
Total Days on Market
48
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.34%
Original Mortgage
$321,600
Outstanding Balance
$319,427
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$50,831

Purchase Details

Closed on
Dec 8, 2006
Sold by
Baker Meredith
Bought by
Clark James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
6.31%

Purchase Details

Closed on
Apr 18, 1986
Bought by
Casey J B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $402,000 Absolute Title & Escrow
Deed $79,500 --
Warranty Deed $3,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,600 New Conventional
Previous Owner $71,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 Price Changed $335,000 -1.5% $223 / Sq Ft
06/03/2025 06/03/25 For Sale $340,000 -16.3% $227 / Sq Ft
07/25/2024 07/25/24 Sold $406,000 -3.3% $141 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $420,000 +100.0% $146 / Sq Ft
05/24/2024 05/24/24 For Sale $210,000 -48.3% $73 / Sq Ft
05/11/2024 05/11/24 Off Market $406,000 -- --
05/01/2024 05/01/24 For Sale $210,000 -- $73 / Sq Ft
Source: Realtracs

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 $1,392 $33,000 $3,640 $29,360
2023 $1,392 $33,000 $0 $0
2022 $1,198 $33,000 $3,640 $29,360
2021 $1,162 $25,360 $2,800 $22,560
2020 $1,162 $25,360 $2,800 $22,560
2019 $1,162 $25,360 $2,800 $22,560
2018 $1,162 $25,360 $2,800 $22,560
2017 $1,282 $24,440 $2,800 $21,640
2016 $1,282 $24,440 $2,800 $21,640
2015 $1,282 $24,440 $2,800 $21,640
2014 $1,282 $24,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2649579

Realtracs

APN: 067P-C-017.00