NOT LISTED FOR SALE

402 E Broadway St Princeton, IN 47670

Estimated Value: $132,000 - $160,000

4 Beds
2 Baths
1,768 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $130,000 $74 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $892/month

14 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet
  • Laundry in Utility Room
  • Ceiling Fan
  • 1-Story Property

About This Home

As of May 2024

Check out this well maintained duplex that offers 2 bedrooms and 1 full bath in each unit. The open concept family room and kitchen layout are great for entertaining guest. The property sits on a corner lot with off street parking spaces for tenants. Conveniently located in town just a few blocks away from the Courthouse square. Tenants pay all utilities.

Last Agent to Sell the Property

Michael Kermode

Key Associates Signature Realty Brokerage Phone: 812-779-7877 Listed on: 04/26/2024

Last Buyer's Agent

Robin Royster

RE/MAX REVOLUTION

RE/MAX REVOLUTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 75x90
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, maintenance, tax
  • Assessor Parcel Number 26-12-07-203-000.333-028

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,704

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2004
  • Age: 20
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SE 7-2-10 . 16 AC
  • Parcel Number ID: 26-12-07-203-000.333-028
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.67
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1768
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Price Per Sq Ft: 73.53
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: Princeton Water Dept.
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: North Gibson School Corp.
  • Elementary School: Princeton
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Princeton

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 75x90
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1704

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 30, 2024
Sold by
Sycamore Homes Inc
Bought by
Avender Llc
Seller's Agent
Michael Kermode
Key Associates Signature Realty
Buyer's Agent
Robin Royster
RE/MAX REVOLUTION
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Views
39
Current Estimated Value
$140,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,995
Avg. Annual Appreciation
3.82%

Purchase Details

Listed on
Oct 12, 2017
Closed on
Oct 26, 2017
Sold by
Conner John B
Bought by
Sycamore Homes Inc
Seller's Agent
Ed Grammer
Weichert Realtors-The Schulz Group
Buyer's Agent
Anita Waldroup
F.C. TUCKER EMGE
List Price
$77,500
Sold Price
$79,500
Premium/Discount to List
$2,000
2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Conner John B and Conner Jacey D
Bought by
Conner John B
Source: Public Records

Range of Values:

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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
Avender Llc $130,000 None Listed On Document
Sycamore Homes Inc $79,500 Hall, Partenheimer & Kinkle
Sycamore Homes Inc -- --
Conner John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sycamore Homes Inc $1,100,000
Previous Owner Sycamore Homes Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $130,000 -13.3% $74 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $150,000 +88.7% $85 / Sq Ft
10/26/2017 10/26/17 Sold $79,500 +2.6% $45 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $77,500 -- $44 / 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 $1,686 $83,400 $5,900 $77,500
2023 $1,706 $85,300 $5,900 $79,400
2022 $1,846 $92,300 $5,900 $86,400
2021 $1,722 $86,100 $5,900 $80,200
2020 $1,760 $87,100 $5,900 $81,200
2019 $1,778 $88,000 $5,900 $82,100
2018 $1,798 $89,900 $5,900 $84,000
2017 $1,471 $102,700 $5,900 $96,800
2016 $1,491 $103,800 $5,900 $97,900
2014 $1,502 $104,600 $5,900 $98,700
2013 -- $106,800 $5,900 $100,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202414366

Indiana Regional MLS

APN: 26-12-07-203-000.333-028