NOT LISTED FOR SALE

322 N Michigan St Plymouth, IN 46563

Estimated Value: $778,930

8 Beds
4 Baths
14,000 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $500,000 $36 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,145/month

41 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • 3-minute walk to River Park Square

About This Home

As of July 2019

Great investment opportunity for a pure investment or owner occupy investor. Located in downtown Plymouth, IN a strong economic growing community. This building is well constructed and has been well maintained. The building is approximately 14,000 SF and contains 4 - 2 bedroom apartment units and 8 office suites. It is currently 90% occupied. All units are self contained and tenants pay all utilities. There are 6 off street parking spots. Financials are available upon request and a signed confidentiality agreement. An appointment is necessary to tour the building. Included are zoning uses, photos, and recent articles concerning growth in this area. Plymouth downtown and the surrounding community is a vibrant one. It is geographically well situated with close proximity to US 30 and US 31. Traffic Count just North of Lincoln Highway: 18-20,000 cars. Traffic Count just South of Lincoln Highway: 10-11,000 cars. Taxes: $7,962

Last Agent to Sell the Property

John Piraccini

Coldwell Banker Real Estate Group Listed on: 03/29/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Terry Baker

Kosciusko County Lakes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,111

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 88x126
  • Corner Lot

Home Design

  • Slab Foundation
  • Masonry Siding
  • Masonry

Interior Spaces

  • 14,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Jefferson Elementary School
  • Lincoln Middle School
  • Plymouth High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 50-32-93-102-904.000-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,111

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1987
  • Age: 32
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ACREAGE: AUDITOR DESC: O P LOT 9 LEGAL DESC:
  • Parcel Number ID: 50-32-93-102-904.000-019
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 97.09
  • Year Taxes Payable: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 14000
  • Total Finished Sq Ft: 14000
  • Above Grade Finished Sq Ft: 14000
  • Price Per Sq Ft: 35.71
  • Basement Foundation: Slab
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Masonry
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 4

Schools

  • School District: Plymouth Community School Corp.
  • Elementary School: Jefferson
  • Middle School: Lincoln
  • High School: Plymouth
  • Elementary School: Jefferson

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 88X126
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 12
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 10

MLS Schools

  • High School: Plymouth
  • Middle School: Lincoln
  • School District: Plymouth Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Agustin Hidalgo
Bought by
Del Real Sonia
Current Estimated Value
$778,930
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
Del Real Sonia -- Hardig Edward W
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $500,000 -2.9% $36 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $515,000 -- $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 $10,111 $376,000 $180,600 $195,400
2022 $10,111 $376,000 $180,600 $195,400
2021 $8,938 $603,400 $184,200 $419,200
2020 $16,980 $603,400 $184,200 $419,200
2019 $7,957 $282,800 $88,000 $194,800
2018 $7,962 $282,800 $88,000 $194,800
2017 $7,962 $282,800 $88,000 $194,800
2016 $7,957 $282,800 $88,000 $194,800
2014 $7,801 $282,800 $88,000 $194,800
Source: Public Records

Agents Affiliated with this Home

  • John Piraccini

    Seller's Agent in 2019

    John Piraccini

    Coldwell Banker Real Estate Group

    75 Total Sales

    Section Image

  • T

    Buyer's Agent in 2019

    Terry Baker

    Kosciusko County Lakes Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201910950

Indiana Regional MLS

APN: 50-32-93-102-904.000-019

Indiana Marshall County Plymouth 46563

322 N Michigan St, Plymouth, IN

This home is located at 322 N Michigan St, Plymouth, IN 46563 since 29 March 2019 and is currently estimated at $778,930, approximately $55 per square foot. This property was built in 1987. 322 N Michigan St is a home located in Marshall County with nearby schools including Plymouth High School, St. Michael School, and St. Michael's Catholic 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.

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