NOT LISTED FOR SALE

312 W 42nd St Jasper, IN 47546

Estimated Value: $239,000 - $271,865

4 Beds
2 Baths
2,031 Sq Ft
$124/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $125,000 $62 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,717/month

372 Days on Market

Highlights

  • Detached Second Garage
  • Community Pool
  • Eat-In Kitchen
  • Jasper High School Rated A-
  • Porch
  • Community Playground

About This Home

As of March 2014

Is INFLATION eating up your investment income?? Here is an investment opportunity in an all brick duplex in convenient Jasper Northside location near major shopping and eatery district. Off street parking for each unit with a detached two car garage for one unit. Contact Agent for the $$'s Earning details. Live in one unit and have tenant pay mortgage. Tenants pay all utilities. Possession at closing/subject to tenant's contract rights. Expenses were not furnished by the seller, thus indicate Zero amounts. Some of these expenses are borne by the seller and would affect the NET Income.

Last Agent to Sell the Property

Delmar Bromm

RE/MAX Local Listed on: 02/01/2013

RE/MAX Local

Last Buyer's Agent

Kevin Bayer

RE/MAX Local

RE/MAX Local

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 85 x 140
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 2,031 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Car Garage
  • Detached Second Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Greater Jasper Cons Schools Elementary And Middle School
  • Greater Jasper Cons Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 190614302106.000-002

Community Details

Overview

  • 2 Units

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1979
  • Age: 35
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Legal Description: 018-30080-00 Badendorff II Lot 19 |
  • Parcel Number ID: 190614302106.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Cable Available, Eat-In Kitchen, Porch Open
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 93.44
  • Zoning Description: RES
  • Monthly Gross Income: 1125
  • Year Taxes Payable: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2031
  • Total Finished Sq Ft: 2031
  • Above Grade Finished Sq Ft: 2031
  • Price Per Sq Ft: 61.55
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 672

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan

Condo/Co-op/Association

  • Common Amenities: Playground, Swimming Pool, Tennis Courts
  • Pet Restrictions: Yes

Schools

  • School District: Greater Jasper Cons. Schools
  • Elementary School: Greater Jasper Cons Schools
  • Middle School: Greater Jasper Cons Schools
  • High School: Greater Jasper Cons Schools
  • Elementary School: Greater Jasper Cons Schools

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 85 X 140
  • Estimated Lot Sq Ft: 11900
  • Estimated Lot Size Acres: 0.273

Tax Info

  • Total Assessed Value: 96200
  • Annual Property Tax: 1958

Multi Family

  • Gross Monthly Rent: 1125
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Greater Jasper Cons Schools
  • Middle School: Greater Jasper Cons Schools
  • School District: Greater Jasper Cons. Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 11, 2014
Sold by
Bromm Philip J
Bought by
Meyer Rick L and Meyer Pamela K
Seller's Agent
Delmar Bromm
RE/MAX Local
Buyer's Agent
Kevin Bayer
RE/MAX Local
List Price
$133,777
Sold Price
$125,000
Premium/Discount to List
-$8,777
-6.56%
Total Days on Market
372
Current Estimated Value
$252,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,716
Avg. Annual Appreciation
6.46%
Original Mortgage
$87,500
Outstanding Balance
$67,312
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$185,404
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meyer Rick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Rick L $87,500
Previous Owner Bromm Phillip J $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2014 03/11/14 Sold $125,000 -6.6% $62 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
02/01/2013 02/01/13 For Sale $133,777 -- $66 / 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 $3,593 $176,600 $18,800 $157,800
2023 $3,614 $176,600 $18,800 $157,800
2022 $3,131 $152,000 $18,800 $133,200
2021 $2,869 $138,200 $18,800 $119,400
2020 $2,871 $138,200 $18,800 $119,400
2019 $2,804 $134,500 $18,300 $116,200
2018 $2,715 $130,400 $18,300 $112,100
2017 $2,650 $127,800 $18,300 $109,500
2016 $2,643 $126,200 $18,300 $107,900
2014 $1,971 $97,000 $18,300 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 957887

Indiana Regional MLS

APN: 19-06-14-302-106.000-002