NOT LISTED FOR SALE

403 SW 2nd St Washington, IN 47501

Estimated Value: $157,000 - $185,546

5 Beds
4 Baths
2,126 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $118,000 $56 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,134/month

309 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of November 2015

Set back and enjoy the income! ALL REMODELED 4 unit apartment bldg on corner lot. New roof, vinyl sided, electric, 8 W/D hook-ups, kitchen appls, must see inside to appreciate!

Last Agent to Sell the Property

Anna Lou Chapman

RE/MAX Elite Listed on: 10/16/2014

RE/MAX Elite

Last Buyer's Agent

Jerry Durnil

RE/MAX Elite

RE/MAX Elite

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1900

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Griffith Elementary School
  • Washington Middle School
  • Washington High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for cable, heating, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 14-10-34-201-085.000-017

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,256
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Trash Expense $420

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT LOC 131 00-03-07 |
  • Parcel Number ID: 14-10-34-201-085.000-017
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 94.48
  • Annual Miscellaneous: 700
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2534
  • Total Finished Sq Ft: 2126
  • Above Grade Finished Sq Ft: 2126
  • Below Grade Sq Ft: 408
  • Price Per Sq Ft: 55.5
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Total Below Grade Sq Ft: 408
  • Number Of Disposals: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1256.16
  • Annual Insurance Expense: 2000
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 420
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Washington Community Schools
  • Elementary School: Griffith
  • Middle School: Washington
  • High School: Washington
  • Elementary School: Griffith

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 60x120
  • Estimated Lot Sq Ft: 7187
  • Estimated Lot Size Acres: 0.165

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Cable, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1262

MLS Schools

  • High School: Washington
  • Middle School: Washington
  • School District: Washington Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2019
Sold by
Stroud Llc
Bought by
Simon Knepp
Total Days on Market
309
Current Estimated Value
$171,515

Purchase Details

Listed on
Oct 16, 2014
Closed on
Nov 5, 2015
Sold by
Scott Apartments Llc
Bought by
Stroud Gerald R and Stroud Heather R
Seller's Agent
Anna Lou Chapman
RE/MAX Elite
Buyer's Agent
Jerry Durnil
RE/MAX Elite
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Simon Knepp $112,500 --
Stroud Gerald R $118,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2015 11/05/15 Sold $118,000 -5.5% $56 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $124,900 -- $59 / 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 $2,048 $102,400 $2,400 $100,000
2023 $1,972 $98,600 $2,400 $96,200
2022 $1,676 $83,800 $2,400 $81,400
2021 $1,528 $76,400 $2,400 $74,000
2020 $1,368 $68,400 $2,400 $66,000
2019 $1,338 $66,900 $2,400 $64,500
2018 $1,460 $73,000 $2,400 $70,600
2017 $1,402 $70,100 $2,400 $67,700
2016 $1,396 $69,800 $2,400 $67,400
2014 $1,358 $67,900 $2,400 $65,500
2013 $1,358 $63,100 $2,400 $60,700
Source: Public Records

Agents Affiliated with this Home

  • Anna Lou Chapman

    Seller's Agent in 2015

    Anna Lou Chapman

    RE/MAX

    (812) 486-6031

    187 Total Sales

    Anna Lou Chapman
    Section Image
  • Jerry Durnil

    Buyer's Agent in 2015

    Jerry Durnil

    RE/MAX

    (812) 254-1973

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201446512

Indiana Regional MLS

APN: 14-10-34-201-085.000-017

Indiana Daviess County Washington 47501

403 SW 2nd St, Washington, IN

This home is located at 403 SW 2nd St, Washington, IN 47501 since 16 October 2014 and is currently estimated at $171,515, approximately $80 per square foot. This property was built in 1900. 403 SW 2nd St is a home located in Daviess County with nearby schools including Washington Intermediate, Washington Junior High School, and Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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