NOT LISTED FOR SALE

34 E Mechanic St Shelbyville, IN 46176

-- Bed
-- Bath
-- Sq Ft
9,570 Sq Ft Lot

Last Sold January 26, 2023

Last sale price $185,000

About This Home

As of January 2023

Great investment opportunity, 4 units with 2 rented and the other 2 ready for your next tenants.

Last Agent to Sell the Property

Michael Heims

@properties License #RB18001309 Listed on: 10/17/2022

@properties

Co-Listed By

Zachary Canada

@properties License #RB17002097

Last Buyer's Agent

Joel Mathews

@properties

@properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,570 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Community Details

  • Penn Adj Subdivision

Listing and Financial Details

  • Tenant pays for insurance
  • The owner pays for lawncare, all utilities
  • Assessor Parcel Number 730732300155000002

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1890
  • Co List Office Phone: 317-489-3441
  • Lot Size Acres: 0.22
  • Structure Type: Quadruplex
  • Subdivision Name: Penn Adj
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: mbheims96@gmail.com
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Lawncare, All Utilities
  • SqFt Total: 0

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 224900

Garage/Parking

  • Parking Features: Alley Access
  • Unit Parking: Other

Utilities

  • Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
  • Laundry Features: Connections Some
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 5448

Lot Info

  • Lot Features: Access, Sidewalks, Storm Sewer
  • Additional Parcels: No
  • Lot Size Sq Ft: 9570
  • Parcel Number: 730732300155000002
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Insurance

Multi Family

  • Net Operating Income: 14736
  • Gross Income: 20184
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $185,000 -17.7% --
10/17/2022 10/17/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $224,900 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887990

MIBOR Broker Listing Cooperative®