NOT LISTED FOR SALE

401 S 5th St Boonville, IN 47601

28 Beds
20 Baths
11,964 Sq Ft
0.64 Acres

Last Sold February 10, 2023

Last sale price $1,000,000 $84 Per Sq Ft

20 Days on Market

Highlights

  • 0.64 Acre Lot
  • Balcony
  • Forced Air Heating and Cooling System
  • Oakdale Elementary School Rated A-
  • Tile Flooring
  • Laundry Facilities

About This Home

As of February 2023

20 Unit apartment building available for sale. 12 one bedroom units 8 two bedroom units all units updated in the last 5 years Most of the HVAC units replaced in the last 5 years 100% occupied, turnkey with management in place. onsite laundry

Last Agent to Sell the Property

Jenny McBride

KELLER WILLIAMS CAPITAL REALTY Listed on: 11/22/2022

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

SWIAR NonMember

NonMember SWIAR

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1981

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 148x190
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 11,964 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 20 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 25 Parking Spaces
  • Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Oakdale Elementary School
  • Boonville Middle School
  • Boonville High School

Additional Features

  • Balcony
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance, sewer, trash collection, water
  • Assessor Parcel Number 87-09-35-217-019.000-003

Community Details

Overview

  • 2 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • 20 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,088
  • Maintenance Expense $5,000
  • Trash Expense $1,632
  • Water Sewer Expense $11,530

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,590

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1981
  • Age: 41
  • Style: Two Story
  • Bedrooms: 28
  • Number Above Grade Bedrooms: 28
  • Total Bathrooms: 20
  • Total Full Bathrooms: 20
  • Legal Description: N 1/2 PT S OL 3 BOONVILLE BARKERS ADD.
  • Parcel Number ID: 87-09-35-217-019.000-003
  • Platted: Yes
  • Amenities: Balcony
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.02
  • Annual Miscellaneous: 2038
  • Monthly Gross Income: 9915
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 11964
  • Total Finished Sq Ft: 11964
  • Above Grade Finished Sq Ft: 11964
  • Price Per Sq Ft: 83.58
  • Basement Foundation: Crawl, Outside Entrance Only
  • Flooring: Vinyl Tile, Tile
  • Number Of Ranges Ovens: 20

Exterior Features

  • Exterior: Brick, Shingle, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 25
  • Parking: Lot, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Annual Insurance Expense: 5088
  • Annual Maintenance Expense: 5000
  • Annual Trash Expense: 1632
  • Annual Water Sewer Expense: 11530
  • Number Electric Meters: 20
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Oakdale
  • Middle School: Boonville
  • High School: Boonville
  • Elementary School: Oakdale

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 148x190
  • Estimated Lot Sq Ft: 27878
  • Estimated Lot Size Acres: 0.64

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Multi Family

  • Gross Monthly Rent: 9915
  • Number Of Dryers: 3
  • Number Of Refrigerators: 20
  • Number Of Units: 20
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 12
  • Num Of2 Bedrooms: 8
  • Num Of Units Rented: 20

Tax Info

  • Annual Property Tax: 5590

MLS Schools

  • High School: Boonville
  • Middle School: Boonville
  • School District: Warrick County School Corp.

Range of Values:

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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 Change Sq Ft Price
02/10/2023 02/10/23 Sold $1,000,000 -7.0% $84 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,075,000 -- $90 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247814

Indiana Regional MLS