NOT LISTED FOR SALE

311 E Main St Ladoga, IN 47954

Estimated Value: $128,288 - $167,000

2 Beds
1 Bath
1,350 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $68,000 $50 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $910/month

135 Days on Market

About This Home

As of September 2018

This duplex is a VERY SOLID INVESTMENT!!! Built in 1990, each side is 675 SF and consists of a Living Room, Kitchen, 2 Bedrooms and 1 Bathroom. Each side also has washer/dryer hook-ups. The duplex is ALL ELECTRIC with baseboard heating and a wall A/C unit in the Living Room on each side. Lots of updates in the last 5 years, including new carpet and new vinyl on each side, new stoves and new refrigerators on each side and new water heaters on each side. Each side rents out at $675.00 per month and the tenants are on month-to-month leases. Covered front porches, decks off the back and back yards complete the package. The gravel driveway in back also provides parking for 2 vehicles for each side.

Last Agent to Sell the Property

Amber Greene

Greene Realty, LLC License #RB14039657 Listed on: 02/05/2018

Co-Listed By

Kevin Greene

Dropped Members License #RB16001510

Last Buyer's Agent

Amber Greene

Greene Realty, LLC License #RB14039657 Listed on: 02/05/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1990

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Community Details

  • Myers & Britts Subdivision

Listing and Financial Details

  • Tenant pays for insurance rent only noutil
  • The owner pays for insurance lawncare taxes trash collection all utilities
  • Assessor Parcel Number 541618442028000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,260

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1990
  • Co List Office Phone: 317-370-7869
  • Lot Size Acres: 0.22
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: MYERS & BRITTS
  • Inspection Warranties: Not Applicable
  • Property Description: This duplex is a VERY SOLID INVESTMENT!!! Built in 1990, each side is 675 SF and consists of a Living Room, Kitchen, 2 Bedrooms and 1 Bathroom. Each side also has washer/dryer hook-ups. The duplex is ALL ELECTRIC with baseboard heating and a wall A/C unit in the Living Room on each side. Lots of updates in the last 5 years, including new carpet and new vinyl on each side, new stoves and new refrigerators on each side and new water heaters on each side. Each side rents out at $675.00 per month and the tenants are on month-to-month leases. Covered front porches, decks off the back and back yards complete the package. The gravel driveway in back also provides parking for 2 vehicles for each side.
  • Transaction Type: Sale
  • Website: www.greenerealty.net
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance,Lawncare,Taxes,Trash Collection,All Utilities
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • Road Access: StateRoad,CityStreet
  • Interstate: Ramp>5mi

Garage/Parking

  • Unit Parking: 2 Car Space
  • Auto Parking: 4
  • Auto Surface: gravel

Utilities

  • Solid Waste: 0
  • HVAC: Electric baseboard heat

Lot Info

  • Current Use: Residential
  • Parcel Number: 541618442028000009
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: 64x150

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance,Rent Only,NoUtil

Tax Info

  • Tax Annual Amount: 1260
  • Semi Annual Property Tax Amt: 630
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: South Montgomery Community
  • Schools: Ladoga Elementary,Southmont High,Southmont Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Sep 14, 2018
Sold by
Stokes Christopher L and Stokes Debra K
Bought by
Jrj Homes Llc
Seller's Agent
Amber Greene
Greene Realty, LLC
Buyer's Agent
Amber Greene
Greene Realty, LLC
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%
Current Estimated Value
$146,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,572
Avg. Annual Appreciation
10.98%
Original Mortgage
$54,400
Outstanding Balance
$40,591
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$105,981

Purchase Details

Closed on
Apr 29, 2013
Sold by
Mcmahon Ronald L and Mcmahon Denise E
Bought by
Stokes Christopher L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jrj Homes Llc -- Partners Title Group Inc
Stokes Christopher L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrj Homes Llc $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $68,000 -14.9% $50 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $79,900 0.0% $59 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $79,900 -- $59 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,770 $84,300 $17,800 $66,500
2023 $1,688 $84,400 $14,700 $69,700
2022 $1,590 $79,500 $14,700 $64,800
2021 $1,394 $69,700 $14,700 $55,000
2020 $1,362 $68,100 $14,700 $53,400
2019 $1,534 $76,700 $23,900 $52,800
2018 $1,332 $66,600 $11,400 $55,200
2017 $1,260 $63,000 $11,400 $51,600
2016 $1,260 $63,000 $11,400 $51,600
2014 $1,256 $62,800 $11,400 $51,400
2013 $1,256 $63,600 $11,400 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Amber Greene

    Seller's Agent in 2018

    Amber Greene

    Greene Realty, LLC

    (317) 370-7869

    316 Total Sales

    Amber Greene
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kevin Greene

    Dropped Members

    Kevin Greene
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21544662

MIBOR Broker Listing Cooperative®

APN: 54-16-18-442-028.000-009

Indiana Montgomery County Ladoga 47954

311 E Main St, Ladoga, IN

Not Listed for Sale

MultiFamily

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