NOT LISTED FOR SALE

310 E Spruce St Unit 308 & 310 Petersburg, IN 47567

Estimated Value: $219,000 - $259,861

4 Beds
2 Baths
1,800 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $180,000 $100 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,525/month

200 Days on Market

Highlights

  • Corner Lot
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Laundry closet
  • 1-Story Property

About This Home

As of September 2020

Great investment property. The duplex is located in a very private area with no tariff. The access city street is a dead end road. Renters will feel like they live in the country.Property includes a addition lot that could be used for future development.

Last Agent to Sell the Property

Edwin Boyd

BOYD REALTY & DEVELOPMENT LLC Listed on: 02/03/2020

Last Buyer's Agent

Kayla Kuenzli

Berkshire Hathaway HomeServices Indiana Realty

Berkshire Hathaway HomeServices Indiana Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 2015

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 260x212
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Suburban Location

Schools

  • Petersburg Elementary School
  • Pike Central Middle School
  • Pike Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, water
  • The owner pays for lawn maintenance, maintenance
  • Assessor Parcel Number 63-02-27-429-010.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,240

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2015
  • Age: 5
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 012-00282-01 SNYDERS ENLARGEMENT 62, 61 & 60 | 012-00627-03 SNYDERS ENLARGEMENT 65, 64 & 63
  • Parcel Number ID: 63-02-27-429-010.000-012
  • Platted: Yes
  • Amenities: Water Heater Tankless
  • Location: City/Town/Suburb
  • Parcel Id2: 630227429001000012
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1450
  • Year Taxes Payable: 12018 pay 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Price Per Sq Ft: 100
  • Basement Foundation: Slab
  • Flooring: Laminate
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Paved, Private

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Electricity, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 750
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Pike County School Corp.
  • Elementary School: Petersburg
  • Middle School: Pike Central
  • High School: Pike Central
  • Elementary School: Petersburg

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 260x212
  • Estimated Lot Sq Ft: 54450
  • Estimated Lot Size Acres: 1.25

Green Features

  • Energy Efficient Windows/Doors: Insulated Doors

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance
  • Tenant Pays: Cable, Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1450
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3240

MLS Schools

  • High School: Pike Central
  • Middle School: Pike Central
  • School District: Pike County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Rotheker John
Bought by
Jody Hoover
Current Estimated Value
$217,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.98%

Purchase Details

Listed on
Feb 3, 2020
Closed on
Sep 11, 2020
Sold by
1St Llc
Bought by
1St Franklin Group Llc
Seller's Agent
Edwin Boyd
BOYD REALTY & DEVELOPMENT LLC
Buyer's Agent
Kayla Kuenzli
Berkshire Hathaway HomeServices Indiana Realty
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Robert Franklin
Bought by
Robert Franklin and Carol Franklin

Purchase Details

Closed on
Apr 24, 2013
Sold by
Ronald K Wilson
Bought by
Robert Franklin
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
Jody Hoover $7,000 --
1St Franklin Group Llc $180,000 --
Robert Franklin -- --
Robert Franklin $600 Pike County Courthouse
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jody Hoover --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $180,000 0.0% $100 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $180,000 -- $100 / 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 $4,004 $196,400 $9,300 $187,100
2023 $3,788 $185,600 $9,000 $176,600
2022 $3,434 $167,900 $8,800 $159,100
2021 $2,838 $148,500 $9,800 $138,700
2020 $3,161 $154,000 $9,600 $144,400
2019 $3,066 $149,600 $9,100 $140,500
2018 $3,039 $148,100 $9,000 $139,100
2017 $2,997 $146,600 $8,700 $137,900
2016 $3,022 $146,600 $8,300 $138,300
2014 $519 $3,200 $3,200 $0
2013 -- $3,200 $3,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202004171

Indiana Regional MLS

APN: 63-02-27-429-010.000-012