309 SE 2nd St Washington, IN 47501
Estimated payment $10,080/month
Total Views
37,328
8
Beds
4
Baths
3,269
Sq Ft
$459
Price per Sq Ft
Highlights
- Porch
- Walk-In Closet
- Level Lot
- Eat-In Kitchen
- Ceiling Fan
- Community Storage Space
About This Home
Great Cap Rate!! Total Gross Income of over $16,781.00 Monthly. This is a total package 19 rental Units to be sold as one Portfolio all located in Washington IN! Addresses and rents are as followed: 211 S Meridian Street (14-10-34-201-043.000-017): $1550.00, 107 NE 2nd St (14-10-27-403-042.000-017): $1100.00, 601 N St Rd 57 (14-10-27-401-006.000-017): $781.00, 312 N St Rd 57 (14-10-27-401-043.000-017): $3650.00, 308 N St Rd 57 (14-10-27-401-046.000-017) $ 3800.00, 309 SE 2nd St (14-10-34-102-054.000-017): $4200.00, 301 N Meridian St (14-10-27-301-146.000-017): $1700.00. This portfolio is fully operational, with a professional property manager in place! Properties are selling Subject to Tenants Rights.
Listing Agent
Integrity Realty Group LLC Brokerage Phone: 812-636-5600 Listed on: 04/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,548
Year Built
- Built in 1890
Lot Details
- 9,120 Sq Ft Lot
- Level Lot
Home Design
- Shingle Siding
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Washington Community Schools Elementary School
- Washington Middle School
- Washington High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 14-10-34-102-054.000-017
Community Details
Building Details
- Electric Expense $9,087
- Fuel Expense $4,741
- Insurance Expense $15,156
- Trash Expense $1,800
- Water Sewer Expense $8,100
Additional Features
- 18 Units
- Community Storage Space
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,212 | $110,600 | $5,800 | $104,800 |
| 2023 | $2,130 | $106,500 | $5,800 | $100,700 |
| 2022 | $1,808 | $90,400 | $5,800 | $84,600 |
| 2021 | $1,655 | $82,700 | $5,800 | $76,900 |
| 2020 | $1,515 | $75,700 | $5,800 | $69,900 |
| 2019 | $1,407 | $70,300 | $5,800 | $64,500 |
| 2018 | $1,375 | $68,700 | $5,800 | $62,900 |
| 2017 | $1,363 | $68,100 | $5,800 | $62,300 |
| 2016 | $906 | $92,500 | $5,800 | $86,700 |
| 2014 | $931 | $92,900 | $5,800 | $87,100 |
| 2013 | $931 | $90,900 | $5,800 | $85,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Price Changed | $1,500,000 | -6.3% | $459 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $1,600,000 | -19.6% | $489 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $1,990,500 | -- | $609 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $156,000 | Regional Title Services Of Was | |
| Deed | $22,500 | German American Bank |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent and Land Specialist with Integrity Realty Group LLC in Odon, IN and the surrounding areas, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home and land so it sells? Give me a call! I'm eager to help and would love to talk to you.
Delmar's Other Listings
Source: Indiana Regional MLS
MLS Number: 202515227
APN: 14-10-34-102-054.000-017
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