NOT LISTED FOR SALE

316 E Main St Portland, IN 47371

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

6 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

  • Wood Flooring
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating and Cooling System

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 and Appraisal Company Listed on: 11/08/2021

Last Buyer's Agent

Jerod Clark

Century 21 Advance

Century 21 Advance

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
  • Wood Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 38-07-21-203-099.000-034

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Three Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: W 60' OF LOT 7 BLK 7 EAST ADD
  • Parcel Number ID: 38-07-21-203-099.000-034
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1300
  • Special Features: None

Interior Features

  • Total Sq Ft: 4657
  • Total Finished Sq Ft: 3765
  • Above Grade Finished Sq Ft: 3765
  • Below Grade Sq Ft: 892
  • Price Per Sq Ft: 18.57
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block, Stone
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 892
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air, Heat Pump, Wall Heater
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Jay Schools
  • Elementary School: East
  • Middle School: East Jay County
  • High School: Jay County

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 60x132
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Multi Family

  • Gross Monthly Rent: 1300
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1

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 and Appraisal Company
Buyer's Agent
Jerod Clark
Century 21 Advance
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
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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
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: 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 $1,983 $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

  • Matt Tarter

    Seller's Agent in 2021

    Matt Tarter

    Tarter Realty Auction and Appraisal Company

    (260) 729-7119

    14 in this area

    75 Total Sales

    Section Image
  • Jerod Clark

    Buyer's Agent in 2021

    Jerod Clark

    Century 21 Advance

    (260) 726-6768

    135 in this area

    249 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202146876

Indiana Regional MLS

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

Indiana Jay County Portland 47371

316 E Main St, Portland, IN

This home is located at 316 E Main St, Portland, IN 47371 since 08 November 2021 and is currently estimated at $130,023, approximately $34 per square foot. This property was built in 1900. 316 E Main St is a home located in Jay County with nearby schools including Jay County High School and Jay County Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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