NOT LISTED FOR SALE

40 E Mulberry St Morgantown, IN 46160

Estimated Value: $238,808 - $277,000

5 Beds
3 Baths
3,619 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $250,000 $69 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,702/month

116 Days on Market

About This Home

As of November 2023

So many possibilities with this one! Home is currently individually metered, with separate entrances triplex but could be easily be used as a single family home. Lower level is an 2 BR unit with large closets, wrap around covered porch, large deck off MBR and two separate living areas plus dining room! Upstairs units are 1BR w/kitchen and living room. 2 car garage, fenced back yard. Good for Owner/ Investor, live on main level and lease the top 2 units and let tenants pay the mortgage! Improvements include: roof (2017), plumbing, electric wiring, breaker panels and meter (2018), sewer line (2023) Downstairs unit: furnace/HVAC (2019) refrigerator, range, wash & dryer (2018) Upstairs Units 2 & 3: appliances, water heater (2018).

Last Agent to Sell the Property

Rebecca Carr

CENTURY 21 Scheetz License #RB22001552 Listed on: 07/01/2023

CENTURY 21 Scheetz

Last Buyer's Agent

Kenneth Yoder

Mark Dietel Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1905

Lot Details

  • 8,102 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 551424462008000013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,402

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1905
  • Lot Size Acres: 0.19
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: rcarr@c21scheetz.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes

Exterior Features

  • List Price: 265000
  • Road Access: County Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Solid Waste: No

Fee Information

  • Expenses: 1200

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8102
  • Parcel Number: 551424462008000013
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1315789

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 2500
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1402
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 701

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Nov 20, 2023
Sold by
Ficek Shawn M
Bought by
Dickey Colby Allen and Ashley Marie
Seller's Agent
Rebecca Carr
CENTURY 21 Scheetz
Buyer's Agent
Kenneth Yoder
Mark Dietel Realty, LLC
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Views
148
Current Estimated Value
$257,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,452
Avg. Annual Appreciation
1.07%

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 5, 2018
Sold by
Roberts James T and Roberts Carol A
Bought by
Ficek Shawn M
Seller's Agent
Mark Bowman
Tramcore Realty
Buyer's Agent
Mark Bowman
Tramcore Realty
List Price
$81,999
Sold Price
$72,000
Premium/Discount to List
-$9,999
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.31%
Source: Public Records

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
Dickey Colby Allen $250,000 Security Title
Ficek Shawn M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $250,000 -5.7% $69 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $265,000 -1.9% $73 / Sq Ft
08/19/2023 08/19/23 Price Changed $270,000 -1.8% $75 / Sq Ft
07/17/2023 07/17/23 Price Changed $275,000 -4.8% $76 / Sq Ft
07/01/2023 07/01/23 For Sale $289,000 +301.4% $80 / Sq Ft
03/05/2018 03/05/18 Sold $72,000 -12.2% $20 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $81,999 -- $23 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,354 $197,200 $33,900 $163,300
2023 $1,369 $168,900 $30,000 $138,900
2022 $1,402 $163,200 $20,200 $143,000
2021 $994 $124,600 $21,800 $102,800
2020 $980 $128,200 $21,800 $106,400
2019 $2,251 $131,300 $21,800 $109,500
2018 $1,725 $133,500 $21,800 $111,700
2017 $1,944 $132,600 $21,800 $110,800
2016 $1,927 $132,600 $21,800 $110,800
2014 $1,541 $131,100 $21,800 $109,300
2013 $1,541 $131,100 $21,800 $109,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rebecca Carr

    CENTURY 21 Scheetz

    39 Total Sales

    Rebecca Carr
    Section Image

  • K

    Buyer's Agent in 2023

    Kenneth Yoder

    Mark Dietel Realty, LLC

    Section Image

  • M

    Seller's Agent in 2018

    Mark Bowman

    Tramcore Realty

    (317) 691-7394

    61 Total Sales

    Mark Bowman
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Robyn Rosenberg

    Tramcore Realty

    (317) 431-6346

    63 Total Sales

    Robyn Rosenberg
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21929906

MIBOR Broker Listing Cooperative®

APN: 55-14-24-462-008.000-013

Indiana Morgan County Morgantown 46160

40 E Mulberry St, Morgantown, IN

This home is located at 40 E Mulberry St, Morgantown, IN 46160 since 01 July 2023 and is currently estimated at $257,452, approximately $71 per square foot. This property was built in 1905. 40 E Mulberry St is a home located in Morgan County with nearby schools including Indian Creek Elementary School, Indian Creek Intermediate School, and Indian Creek Middle School.

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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