NOT LISTED FOR SALE

403-405 W Franklin St Shelbyville, IN 46176

Estimated Value: $176,000 - $216,708

3 Beds
1 Bath
848 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $180,000 $212 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,344/month

1 Day on Market

About This Home

As of May 2022

Beautiful Victorian multi-family duplex full of opportunity! The two units are very spacious and mirror each other - Each unit offers 3 bedrooms, 1.5 bathrooms, a nice kitchen, and access to a large front porch. This home is full of charm, original woodwork, hard wood flooring, and tall ceilings. Both units are currently occupied, tenants pay all utilities except Sewer. Showings will require a 24 hours notice due to Tenants.

Last Agent to Sell the Property

Sarah George

Runnebohm Realty, LLC Listed on: 03/23/2022

Last Buyer's Agent

Justin Polston

Mackenzie Allen, Polston & Ass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1900

Lot Details

  • 5,097

Home Design

  • Victorian Architecture
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,097 Sq Ft Lot

Community Details

  • Monteo Village Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for sewer
  • Assessor Parcel Number 731106200046000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: Victorian
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.117
  • Structure Type: Duplex
  • Subdivision Name: MONTEO VILLAGE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Sewer
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Disclosures: Not Applicable
  • List Price: 185000

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1560

Lot Info

  • Parcel Number: 731106200046000002
  • Acres: <1/4 Acre
  • Lot Information: Corner,Curbs,Sidewalks
  • Lot Number: 3&4
  • Lot Size: 5115

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2200
  • Semi Annual Property Tax Amt: 1100
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 6, 2022
Sold by
Daniel Massey
Bought by
Santos Kristen
Seller's Agent
Sarah George
Runnebohm Realty, LLC
Buyer's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$201,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,177
Avg. Annual Appreciation
3.50%
Original Mortgage
$135,000
Outstanding Balance
$128,275
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$73,592

Purchase Details

Listed on
Apr 16, 2015
Closed on
Dec 30, 2015
Sold by
Hite Dale E and Hite Vickie S
Bought by
Massey Daniel
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
Nathan Runnebohm
Runnebohm Realty, LLC
List Price
$79,900
Sold Price
$64,800
Premium/Discount to List
-$15,100
-18.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Original Mortgage
$48,600
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Santos Kristen $180,000 Striebeck Law Pc
Massey Daniel -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Kristen $135,000
Previous Owner Masey Daniel $46,000
Previous Owner Masey Daniel $37,500
Previous Owner Massey Daniel $48,600
Previous Owner Hite Dale E $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $180,000 -2.7% $212 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $185,000 +185.5% $218 / Sq Ft
12/30/2015 12/30/15 Sold $64,800 0.0% $76 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/13/2015 11/13/15 Off Market $64,800 -- --
04/16/2015 04/16/15 For Sale $79,900 -- $94 / 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 $3,000 $150,000 $9,700 $140,300
2023 $3,000 $150,000 $10,100 $139,900
2022 $2,652 $128,000 $8,400 $119,600
2021 $2,200 $110,000 $7,800 $102,200
2020 $2,160 $108,000 $7,700 $100,300
2019 $1,830 $91,500 $6,400 $85,100
2018 $1,794 $89,700 $12,300 $77,400
2017 $1,780 $89,000 $12,300 $76,700
2016 $1,716 $85,800 $11,100 $74,700
2014 $1,694 $84,700 $11,100 $73,600
2013 $1,694 $84,700 $11,100 $73,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah George

    Runnebohm Realty, LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Justin Polston

    Mackenzie Allen, Polston & Ass

    Section Image

  • T

    Seller's Agent in 2015

    Tanya Smythe

    Smythe & Co, Inc

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Daniel Frische

    Smythe & Co, Inc

    Section Image

  • N

    Buyer's Agent in 2015

    Nathan Runnebohm

    Runnebohm Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844698

MIBOR Broker Listing Cooperative®

APN: 73-11-06-200-046.000-002

Indiana Shelby County Shelbyville 46176

403-405 W Franklin St, Shelbyville, IN

This home is located at 403-405 W Franklin St, Shelbyville, IN 46176 since 23 March 2022 and is currently estimated at $201,177, approximately $237 per square foot. This property was built in 1900. 403-405 W Franklin St is a home located in Shelby County with nearby schools including Thomas A. Hendricks Elementary School, Shelbyville Middle School, and Shelbyville Senior High School.

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