NOT LISTED FOR SALE

317 E Washington St Bluffton, IN 46714

Estimated Value: $97,676 - $161,000

6 Beds
3.5 Baths
2,297 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $63,000 $27 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $769/month

91 Days on Market

Highlights

  • Detached Second Garage
  • Luxury Vinyl Tile Flooring
  • Hot Water Heating System
  • Bluffton High School Rated 10

About This Home

As of August 2018

Great income producing Tri-Plex steps away from the city's popular splash pad, walking trails, and downtown. All three apartments have two spacious bedrooms and one bath. Aluminum siding. Two of the three units are currently rented. Large covered front porch. 24'x34' detached garage that is currently used for storage, but could also be rented separately. GREAT location, income, and price!

Last Agent to Sell the Property

Nicholas Huffman

Steffen Group Listed on: 05/14/2018

Last Buyer's Agent

Sean Stinson

E. L. S. Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1878

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140
  • Sloped Lot

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Detached Second Garage
  • Off-Street Parking

Schools

  • Bluffton Harrison Elementary And Middle School
  • Bluffton Harrison High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for building insurance
  • The owner pays for electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 90-08-04-539-028.000-004

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $3,500
  • Insurance Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1878
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: ORIGINAL 72 4-D |
  • Parcel Number ID: 90-08-04-539-028.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Near Walking Trail
  • Special Features: None

Interior Features

  • Total Sq Ft: 3113
  • Total Finished Sq Ft: 2297
  • Above Grade Finished Sq Ft: 2297
  • Below Grade Sq Ft: 816
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 816
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 816

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3500
  • Annual Insurance Expense: 1300

Schools

  • Elementary School: Bluffton Harrison

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 70x140
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water
  • Tenant Pays: Building Insurance

Tax Info

  • Annual Property Tax: 976

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3

MLS Schools

  • High School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • School District: MSD of Bluffton Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 24, 2018
Sold by
Mill Ridge Properties Llc
Bought by
Target Investors Llc
Seller's Agent
Nicholas Huffman
Steffen Group
Buyer's Agent
Sean Stinson
E. L. S. Realty Group
List Price
$84,900
Sold Price
$63,000
Premium/Discount to List
-$21,900
-25.8%
Current Estimated Value
$118,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,669
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Russell Cynthia A
Bought by
Johnson P Scott and Johnson Kelly J

Purchase Details

Closed on
Aug 22, 2001
Sold by
Russell Patrick W and Russell Cynthia A
Bought by
Russell Cynthia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Target Investors Llc -- None Available
Johnson P Scott -- --
Russell Cynthia A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $63,000 -8.7% $27 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/01/2018 07/01/18 Price Changed $69,000 -4.2% $30 / Sq Ft
06/20/2018 06/20/18 Price Changed $72,000 -9.9% $31 / Sq Ft
05/29/2018 05/29/18 Price Changed $79,900 -5.9% $35 / Sq Ft
05/14/2018 05/14/18 For Sale $84,900 -- $37 / 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 $1,792 $99,300 $11,100 $88,200
2023 $1,734 $92,500 $11,400 $81,100
2022 $1,589 $92,500 $7,900 $84,600
2021 $2,386 $141,000 $13,400 $127,600
2020 $1,839 $122,300 $9,700 $112,600
2019 $1,966 $117,200 $9,700 $107,500
2018 $2,112 $126,500 $9,700 $116,800
2017 $976 $67,500 $5,200 $62,300
2016 $1,074 $67,500 $5,200 $62,300
2014 $1,840 $110,000 $8,700 $101,300
2013 $972 $60,600 $8,700 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201819888

Indiana Regional MLS

APN: 90-08-04-539-028.000-004