NOT LISTED FOR SALE

Estimated Value: $435,497

-- Bed
-- Bath
12,621 Sq Ft
$35/Sq Ft Est. Value

Last Sold April 28, 2022

Current estimated payment $2,866/month

Highlights

  • Wood Frame Window
  • Brick or Stone Mason
  • Historic Home
  • Stained Glass
  • Central Air

About This Home

As of April 2022

Opportunity for large investment property in downtown Aurora. Building features 5 apartments, 1 office space and first floor restaurant, for a total of 7 rentable spaces. 3rd floor is in need of rehab, architect has drawn plans for 4 units on third floor, which seller is willing to share with interested parties. 5 apartment units all with their own laundry. New roof. Tenants pay all their own utilities except efficiency unit. Several long term tenants. Please allow 24 hour notice for showings. Bring highest & best offer by 5/2/22 at noon.

Last Listed By

Stacey Craig

Lohmiller Real Estate Listed on: 04/28/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1879

Lot Details

  • 5,489 Sq Ft Lot
  • Lot Dimensions are 52 x 106
  • Historic Home

Home Design

  • Brick or Stone Mason
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 12,621 Sq Ft Home
  • 3-Story Property
  • Double Hung Windows
  • Stained Glass
  • Wood Frame Window
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Parking

  • No Garage
  • No Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Furnace
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 7 Units
  • Southeastern Indiana Board Association

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,418

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Property Sub Type: Apartment 5+ Units
  • Architecture: Historical
  • FILLACRES: 0.1260
  • Allow On Internet: Yes
  • Unit Levels: Three Or More
  • Lot Measurement: Acres
  • Prop. Type: Multi Family
  • Total Finished Square Footage: 12621.00
  • Total Finished S F: 12621
  • Year Built: 1879
  • Separate Air Condi: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Fireplace: None
  • Total Basement Sq Ft: 3467
  • Windows: Single Hung, Double Hung, Stained Glass, Wood
  • One Bedroom Rent: 500.00
  • Two Bedroom Rent: 1100.00
  • Three Bedroom Rent: 800.00
  • Separate Furnace: Yes

Exterior Features

  • Out Buildings: 1
  • Exterior Construction: Brick
  • Driveway Type: None
  • Foundation: Stone
  • Roof: Shingle

Garage/Parking

  • Parking: Onstreet
  • Garage Spaces: None

Utilities

  • Cooling: Central Air
  • Gas Company: Natural
  • Heating: Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Type: Private
  • Separate Electric: Yes
  • Separate Gas: Yes

Condo/Co-op/Association

  • Association: Southeastern Indiana Board
  • Units In Building: 7

Schools

  • School District: South Dearborn
  • School District: South Dearborn

Lot Info

  • Lot Dimensions: 52 x 106
  • Lot Size Sq Ft: 5489.00

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Semi Annual Taxes: 2508

MLS Schools

  • School Type: Elementary School
  • School Name: Aurora Elementary
  • School Type: High School
  • School Name: South Dearborn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 13, 2022
Sold by
Rahe Second Third Llc
Bought by
Rs Investment And Construction Group Llc
Seller's Agent
Stacey Craig
Lohmiller Real Estate
Total Days on Market
0
Current Estimated Value
$435,497

Purchase Details

Closed on
Nov 2, 2011
Sold by
Rahe Properties Llc
Bought by
Rahe Second Third Llc

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
Rs Investment And Construction Group Llc -- New Title Company Name
Rahe Second Third Llc -- --
Rahe Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahe Second Third Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold -- -- --
04/28/2022 04/28/22 For Sale -- -- --
Source: Southeastern Indiana Board 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 $5,418 $180,600 $49,600 $131,000
2023 $5,460 $182,000 $49,600 $132,400
2022 $5,436 $181,200 $49,600 $131,600
2021 $5,016 $167,200 $49,600 $117,600
2020 $5,016 $167,200 $49,600 $117,600
2019 $5,016 $167,200 $49,600 $117,600
2018 $4,677 $155,900 $49,600 $106,300
2017 $4,548 $151,600 $49,600 $102,000
2016 $4,548 $151,600 $49,600 $102,000
2014 $4,335 $152,700 $49,600 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 197061

Southeastern Indiana Board of REALTORS®

APN: 15-07-32-103-020.000-003