NOT LISTED FOR SALE

405 S Georgia St Sheridan, IN 46069

Estimated Value: $142,000 - $258,548

4 Beds
3 Baths
2,922 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $175,000 $60 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,327/month

16 Days on Market

About This Home

As of October 2022

Hamilton County R2 zoned triplex opportunity! 2 2bedroom units plus a studio. Market rents are $2500-$2700 total per month conservatively. Units need work but the rewards are there! There is an attached 2+ car garage and a detached 2 car garage which could provide additional income.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC Listed on: 07/27/2022

Last Buyer's Agent

Charlene Gaard

No Limit Real Estate, LLC Listed on: 07/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1900

Lot Details

  • 8,712

Home Design

  • Traditional Architecture

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for no utilities
  • The owner pays for all utilities
  • Assessor Parcel Number 290132306027000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1900
  • Lot Size Acres: 0.2
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • MBR_AttributionContact: charlenegaard@aol.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: All Utilities
  • Sq Ft Main Upper: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • List Price: 199900

Garage/Parking

  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 290132306027000002
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights
  • Lot Number: 2
  • Lot Size: 8,712

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: No Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3668
  • Semi Annual Property Tax Amt: 1834
  • Tax Exemption: None

MLS Schools

  • School District: Sheridan Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Oct 19, 2022
Sold by
Boone Robert
Bought by
Vontress Jerry J
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Charlene Gaard
No Limit Real Estate, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Views
30
Current Estimated Value
$213,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,637
Avg. Annual Appreciation
2.38%
Original Mortgage
$140,000
Outstanding Balance
$136,180
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$50,956

Purchase Details

Closed on
Mar 31, 2022
Sold by
Windgate Properties Llc
Bought by
Boone Robert

Purchase Details

Closed on
Mar 30, 2022
Sold by
Windgate Properties Llc
Bought by
Boone Robert

Purchase Details

Closed on
Feb 6, 2020
Sold by
Gladys F Perkins Revocable Trust
Bought by
Wingate Properties Llc

Purchase Details

Closed on
Feb 5, 2009
Sold by
Jpmc Specialty Mortgage
Bought by
Gladys F Perkins Revocable Trust

Purchase Details

Closed on
Nov 17, 2008
Sold by
Mcgowen Kimberly M
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Dec 6, 2002
Sold by
Ettinger Lyle E and Ettinger Dennise M
Bought by
Mcgowen William J and Mcgowen Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.23%
Mortgage Type
VA
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
Vontress Jerry J -- --
Boone Robert -- Greeson Richard Wayne
Boone Robert $90,000 Greeson Richard Wayne
Boone Robert $90,000 Greeson Richard Wayne
Wingate Properties Llc $20,000 None Available
Gladys F Perkins Revocable Trust -- None Available
Wm Specialty Mortgage Llc $117,000 None Available
Mcgowen William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vontress Jerry J $140,000
Previous Owner Mcgowen William J $28,103
Previous Owner Mcgowen William J $22,846
Previous Owner Mcgowen William J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $175,000 0.0% $60 / Sq Ft
10/20/2022 10/20/22 Sold $175,000 -12.5% $41 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/13/2022 08/13/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $199,900 0.0% $68 / Sq Ft
07/01/2022 07/01/22 For Sale $199,900 -- $47 / 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 $1,960 $168,900 $36,300 $132,600
2023 $1,985 $185,400 $36,300 $149,100
2022 $2,110 $169,200 $36,300 $132,900
2021 $3,668 $157,500 $36,300 $121,200
2020 $3,583 $153,900 $36,300 $117,600
2019 $3,661 $156,900 $15,200 $141,700
2018 $3,428 $146,400 $15,200 $131,200
2017 $4,911 $134,100 $15,200 $118,900
2016 $3,063 $134,100 $15,200 $118,900
2014 $2,660 $118,200 $25,700 $92,500
2013 $2,660 $113,100 $25,700 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21867231

MIBOR Broker Listing Cooperative®

APN: 29-01-32-306-027.000-002