NOT LISTED FOR SALE

321 W Main St Mitchell, IN 47446

Estimated Value: $110,627 - $136,000

4 Beds
3 Baths
2,268 Sq Ft
$54/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $72,000 $32 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $798/month

23 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Carpet

About This Home

As of November 2021

FULLY RENTED TRIPLEX DOWNTOWN. $1075 INCOME. 1134 SQ FT, 2BR UPPER APARTMENT. ALL ELECTRICITY PAID BY TENANTS. EACH UNIT HAS A SEPARATE METER. NEWER FLOORING IN SOME UNITS.

Last Listed By

Philip O'Toole

Williams Carpenter Realtors Listed on: 09/01/2021

Williams Carpenter Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1900

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 50 x 66
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 47-11-36-431-056.000-005

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Architectural Style: Foursquare
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ORIG LOT 252
  • Parcel Number ID: 47-11-36-431-056.000-005
  • Platted: Yes
  • Amenities: Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.09
  • Monthly Gross Income: 1075
  • Special Features: None

Interior Features

  • Total Sq Ft: 2268
  • Total Finished Sq Ft: 2268
  • Above Grade Finished Sq Ft: 2268
  • Price Per Sq Ft: 31.75
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Mitchell Water
  • Number Electric Meters: 3
  • Number Water Meters: 1

Schools

  • School District: Mitchell Community Schools
  • Elementary School: Burris/Hatfield
  • Middle School: Mitchell
  • High School: Mitchell

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50 X 66
  • Estimated Lot Sq Ft: 3300
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 50200
  • Annual Property Tax: 968

Multi Family

  • Gross Monthly Rent: 1075
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 5, 2021
Sold by
Rebel Properties Llc
Bought by
Ark3 Rentals Llc
Seller's Agent
Philip O'Toole
Williams Carpenter Realtors
Buyer's Agent
Mae St Clair
Keach & Grove Real Estate, LLC
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Total Days on Market
23
Current Estimated Value
$123,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,157
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Jun 18, 2012
Sold by
Martin Joseph A and Martin Jody A
Bought by
Rebel Properties Llc

Purchase Details

Closed on
Feb 29, 2012
Sold by
Corbin David E and Corbin Tiffany L
Bought by
Martin Joseph A and Martin Jody A

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
Ark3 Rentals Llc $72,000 None Available
Rebel Properties Llc -- --
Martin Joseph A $40,000 Meridian Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rebel Properties Llc $66,752
Previous Owner Rebel Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $72,000 -19.9% $32 / Sq Ft
09/01/2021 09/01/21 For Sale $89,900 -- $40 / 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 $1,384 $66,200 $4,000 $62,200
2023 $1,367 $62,100 $3,900 $58,200
2022 $1,308 $65,400 $3,900 $61,500
2021 $1,004 $50,200 $3,800 $46,400
2020 $944 $47,400 $3,700 $43,700
2019 $922 $46,100 $3,700 $42,400
2018 $918 $45,900 $3,600 $42,300
2017 $902 $45,100 $3,600 $41,500
2016 $902 $45,100 $3,600 $41,500
2014 $894 $44,700 $3,600 $41,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Philip O'Toole

    Williams Carpenter Realtors

    (812) 675-9999

    29 Total Sales

    Philip O'Toole
    Section Image
  • Mae St Clair

    Buyer's Agent in 2021

    Mae St Clair

    Keach & Grove Real Estate, LLC

    (812) 276-3080

    95 Total Sales

    Mae St Clair
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202136581

Indiana Regional MLS

APN: 47-11-36-431-056.000-005

Indiana Lawrence County Mitchell 47446

321 W Main St, Mitchell, IN

Homes for Sale in Mitchell, IN

This home is located at 321 W Main St, Mitchell, IN 47446 since 01 September 2021 and is currently estimated at $123,157, approximately $54 per square foot. This property was built in 1900. 321 W Main St is a home located in Lawrence County with nearby schools including Hatfield Elementary School, Burris Elementary School, and Mitchell Junior High School.

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.