NOT LISTED FOR SALE

316 E Main St Unit Portland Portland, IN 47371

Estimated Value: $119,000 - $155,000

5 Beds
3 Baths
3,765 Sq Ft
$35/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $69,900 $19 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $784/month

3 Days on Market

Highlights

  • Multiple Fireplaces
  • Central Air
  • Baseboard Heating
  • Covered Patio or Porch

About This Home

As of November 2021

There is a ton of potential with this one! Almost 4,000 square feet of living area, 5/6 bedrooms, 3 bathrooms, and many updates already done for you! This home is currently set up as a duplex and is a money making machine. Historic rent rates for the home are approximately $1,300 per month. It could however easily be used as a single-family home. It has all new vinyl replacement windows, new metal roof with fascia and soffits, new HVAC system, and updated electrical panels and services to name a few. Both kitchens have been remodeled as well. Property is broker owned.

Last Agent to Sell the Property

Matt Tarter

Tarter Realty, Auction & Appraisals Co Listed on: 11/08/2021

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132

Home Design

  • Duplex

Interior Spaces

  • 3,765 Sq Ft Home
  • 3-Story Property
  • Multiple Fireplaces
  • Partial Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Separate Meters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 316 E Main St
  • Second Address Number: 316
  • Estimated Year Built: 1900
  • Bank Corporate Owned: No
  • Directions: Hwy 27 North to Portland. Right on Main St.
  • Geo Address Line: 316 E Main St
  • Geo Longitude: -84.973449
  • Geo Primary City: Portland
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 3
  • Taxes Half: 556
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Unit 4 Heat Type: Baseboard, Electric, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Total Number Rooms: 13
  • Has Basement: Yes, Partial Basement
  • Fireplace: 2
  • Price Per S Q F T: 18.57
  • Basement Type: Duplex

Exterior Features

  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch

Utilities

  • Air Conditioner: Central Air
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2021-11-08
  • Estimated Number Acres: 0.18
  • Land Contract: No
  • Lot Size: 60x132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Nov 24, 2021
Sold by
Tarter Jennifer A and Tarter David M
Bought by
Five Brothers Llc
Seller's Agent
Matt Tarter
Tarter Realty, Auction & Appraisals Co
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$112,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,088
Avg. Annual Appreciation
11.46%
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
Five Brothers Llc $69,900 Empire Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $69,900 0.0% $19 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $69,900 -- $19 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,983 $101,200 $10,200 $91,000
2023 $1,983 $95,200 $10,200 $85,000
2022 $1,409 $68,200 $10,200 $58,000
2021 $1,229 $59,500 $9,600 $49,900
2020 $1,145 $55,300 $9,600 $45,700
2019 $1,111 $53,800 $9,600 $44,200
2018 $1,068 $51,600 $9,600 $42,000
2017 $1,237 $59,300 $10,500 $48,800
2016 $1,194 $57,400 $10,500 $46,900
2014 $1,209 $58,300 $10,500 $47,800
2013 $1,209 $63,400 $10,500 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10042556

APN: 38-07-21-203-099.000-034