311 W Franklin St Spencer, IN 47460
Highlights
- Laundry in Utility Room
- Ceiling Fan
- Carpet
- Central Air
- 2 Car Garage
- 4-minute walk to McCormick's Creek State Park
About This Home
As of March 2022Investor opportunity or live in one unit and rent the other two units. This is a duplex with a carport on each end along with a mobile home that is also rented. All units are currently rented for 650.00 per month.
Last Agent to Sell the Property
BLOOM NonMember
NonMember BL
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,370
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Irregular Lot
Home Design
- Slab Foundation
- Poured Concrete
- Shingle Roof
- Block Exterior
Interior Spaces
- 874 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Carpet
- Laminate Countertops
- Laundry in Utility Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Garage
- Carport
- Stone Driveway
- Gravel Driveway
Location
- Suburban Location
Schools
- Spencer Elementary School
- Owen Valley Middle School
- Owen Valley High School
Utilities
- Central Air
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electric, heating, sewer, water
- Assessor Parcel Number 60-10-20-400-400.306-028
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,500
- Maintenance Expense $3,000
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $44,338 | Commercial | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $23,064 | Commercial | |
| Previous Owner | $15,000 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $150,000 | 0.0% | $172 / Sq Ft |
| 03/25/2022 03/25/22 | Sold | $150,000 | -11.8% | $172 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/25/2022 03/25/22 | For Sale | $170,000 | -5.6% | $195 / Sq Ft |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 01/31/2022 01/31/22 | For Sale | $180,000 | -- | $206 / Sq Ft |
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 | $2,218 | $110,900 | $17,000 | $93,900 |
| 2023 | $1,744 | $87,200 | $17,000 | $70,200 |
| 2022 | $1,324 | $66,200 | $17,000 | $49,200 |
| 2021 | $1,386 | $69,300 | $17,000 | $52,300 |
| 2020 | $1,358 | $67,900 | $17,000 | $50,900 |
| 2019 | $1,258 | $62,900 | $17,000 | $45,900 |
| 2018 | $1,180 | $59,000 | $17,000 | $42,000 |
| 2017 | $1,274 | $63,700 | $22,100 | $41,600 |
| 2016 | $1,274 | $63,700 | $22,100 | $41,600 |
| 2014 | $1,116 | $55,800 | $22,100 | $33,700 |
| 2013 | -- | $55,400 | $22,100 | $33,300 |
Source: Indiana Regional MLS
MLS Number: 202210439
APN: 60-10-20-400-400.306-028
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