NOT LISTED FOR SALE

315 W 2nd St Rushville, IN 46173

Estimated Value: $109,000 - $162,000

2 Beds
2 Baths
2,676 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $97,500 $36 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $870/month

5 Days on Market

About This Home

As of January 2022

GREAT OPPORTUNITY TO OWN 3/2 DUPLEX CLOSE TO DOWTOWN. BOTH UNITS ARE OCCUPIED AND FEATURE A MAIN LEVEL 3 BR UNIT AND AN UPSTAIRS 2 BR UNIT. MAIN LEVEL 3 BR RENTS FOR $625 A MONTH AND 2ND LEVEL 2 BR RENTS FOR $475 A MONTH. BOTH UNITS INCLUDE A STOVE AND REFRIGERATOR. POSSIBLE PACKAGE WITH BLC 21817086.

Last Agent to Sell the Property

Timothy Yazel

Yazel Group Real Estate Sales License #RB14029080 Listed on: 10/11/2021

Last Buyer's Agent

Timothy Yazel

Yazel Group (Real Estate Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,146

Year Built

  • 1900

Lot Details

  • 3,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,146

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: 3RD STREET (US HWY 52) TO PROPERTY WEST OF DOWNTOWN RUSHVILLE.
  • New Construction: No
  • Property Attached Yn: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: Connections All
  • Owner Pays: InsHazard, Taxes
  • Possible Use: CommMulTen

Exterior Features

  • Exterior Features: Driveway Gravel
  • Foundation Details: Crawl Space
  • Road Access: CityStreet
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street
  • Lot Number: 1
  • Lot Size: 4,312

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, All Utilities

Tax Info

  • Semi Annual Property Tax Amt: 573
  • Tax Exemption: None
  • Tax Annual Amount: 1146
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Rush County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Jan 24, 2022
Sold by
Class Investments Llc
Bought by
Man Investment Properties Llc
Seller's Agent
Timothy Yazel
Yazel Group Real Estate Sales
Buyer's Agent
Timothy Yazel
Yazel Group (Real Estate Sales
List Price
$99,500
Sold Price
$97,500
Premium/Discount to List
-$2,000
-2.01%
Current Estimated Value
$136,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,222
Avg. Annual Appreciation
7.95%
Original Mortgage
$78,000
Outstanding Balance
$72,180
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$56,027

Purchase Details

Closed on
Nov 9, 2021
Sold by
Class Properties
Bought by
Class Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2017
Sold by
Class Properties
Bought by
Class Investments Llc
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
Man Investment Properties Llc -- None Listed On Document
Class Investments Llc -- None Listed On Document
Class Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Man Investment Properties Llc $78,000
Previous Owner Class Investments Llc $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $97,500 0.0% $36 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/15/2021 10/15/21 Off Market $97,500 -- --
10/11/2021 10/11/21 For Sale $99,500 -- $37 / 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 $1,502 $75,100 $9,900 $65,200
2023 $1,404 $70,200 $9,900 $60,300
2022 $1,308 $65,400 $9,900 $55,500
2021 $1,208 $60,400 $9,900 $50,500
2020 $1,146 $57,300 $9,400 $47,900
2019 $1,092 $54,600 $9,400 $45,200
2018 $1,004 $50,200 $5,500 $44,700
2017 $990 $49,500 $5,500 $44,000
2016 $962 $48,100 $5,500 $42,600
2014 $974 $48,700 $5,500 $43,200
2013 $974 $48,700 $5,500 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817071

MIBOR Broker Listing Cooperative®

APN: 70-11-06-279-003.000-011