NOT LISTED FOR SALE

315 S Main St Churubusco, IN 46723

Estimated Value: $99,000 - $158,000

3 Beds
2 Baths
1,280 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $49,900 $39 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $821/month

105 Days on Market

Highlights

  • Shed
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of July 2017

Two rental houses on this property - The house facing US 33 is 560 sq ft with 1 BR and the other house behind the 1st one is 720 sq ft with 2 BR's. Immaculate, well-maintained, appliances included, one house currently rented, large level lot, city utilities, within walking distance to downtown shopping.

Last Agent to Sell the Property

Timothy Brower

Orizon Real Estate, Inc. Listed on: 04/01/2017

Last Buyer's Agent

Timothy Brower

Orizon Real Estate, Inc. Listed on: 04/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

HOA Fees

  • $18 per month

Home Design

  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 92-04-13-516-024.000-010

Community Details

Overview

  • $18 Other Monthly Fees
  • 2 Buildings
  • 2 Units

Building Details

  • Insurance Expense $825
  • Trash Expense $212
  • Water Sewer Expense $1,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1880

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Class: INVESTMENT
  • Year Built: 1880
  • Age: 137
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 24 Original Plat of Union |
  • Parcel Number ID: 92-04-13-516-024.000-010
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Monthly Gross Income: 650
  • Year Taxes Payable: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1280
  • Total Finished Sq Ft: 1280
  • Above Grade Finished Sq Ft: 1280
  • Price Per Sq Ft: 38.98
  • Flooring: Carpet
  • Main Level Sq Ft: 1280
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal, Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 96

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 825
  • Annual Trash Expense: 212
  • Annual Water Sewer Expense: 1297

Condo/Co-op/Association

  • Other Fee Description: Solid Waste
  • Other Fees Dollar: 212

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco
  • Elementary School: Churubusco

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2
  • Lot Number: 24

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1019

MLS Schools

  • High School: Churubusco
  • Middle School: Churubusco
  • School District: Smith-Green Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 25, 2017
Sold by
Whitley Design Inc
Bought by
Modern Homes Of Northeast Indiana Llc
Seller's Agent
Timothy Brower
Orizon Real Estate, Inc.
Buyer's Agent
Timothy Brower
Orizon Real Estate, Inc.
List Price
$59,900
Sold Price
$49,900
Premium/Discount to List
-$10,000
-16.69%
Current Estimated Value
$128,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,206
Avg. Annual Appreciation
13.54%
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
Modern Homes Of Northeast Indiana Llc $49,900 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $49,900 -16.7% $39 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $59,900 -- $47 / 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 $1,273 $89,700 $16,500 $73,200
2023 $2,016 $83,600 $15,700 $67,900
2022 $1,779 $76,600 $14,500 $62,100
2021 $1,572 $64,800 $14,500 $50,300
2020 $1,359 $59,000 $12,500 $46,500
2019 $1,395 $55,300 $12,500 $42,800
2018 $1,398 $55,400 $12,500 $42,900
2017 $1,273 $53,000 $12,500 $40,500
2016 $1,232 $50,700 $12,500 $38,200
2014 $955 $47,700 $12,500 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201713758

Indiana Regional MLS

APN: 92-04-13-516-024.000-010