$95,900
SOLD MAR 2, 2018

408 W Association St Ellettsville, IN 47429

3 Beds
2 Baths
1,170 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

4% Below List Price

54 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2025

Versatile investment property with large parking area near downtown Ellettsville. Once zoned commercial, this property could easily be converted for an office or small business. Currently used as a single family home, the one-level living space offers 3 bedrooms and 2 baths. Recent updates include NEW ROOF (Dec 2017), furnace, windows, and paint. 10' x 12' shed along parking area provides storage. Current rent is $830 per month.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65 x 122
  • Irregular Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, water
  • The owner pays for maintenance
  • Assessor Parcel Number 53-04-10-200-012.000-013

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1948
  • Age: 70
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 009-06050-00 Sharps 1st Pt Lot 64
  • Parcel Number ID: 53-04-10-200-012.000-013
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Deck Open
  • Sp Lp Percent: 96
  • Monthly Gross Income: 830
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1170
  • Total Finished Sq Ft: 1170
  • Above Grade Finished Sq Ft: 1170
  • Basement Foundation: Crawl
  • Flooring: Ceramic Tile
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Stone
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Richland-Bean Blossom Community Schools
  • Elementary School: Edgewood
  • Middle School: Edgewood
  • High School: Edgewood

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 65 x 122
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance
  • Tenant Pays: Cable, Electric, Sewer, Water

Multi Family

  • Gross Monthly Rent: 830
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Landis Thomas J
Bought by
Troa Llc

Purchase Details

Listed on
Dec 4, 2017
Closed on
Mar 2, 2018
Sold by
Smarma Smarma and Smarma K
Bought by
Landis Thomas J
List Price
$99,900
Sold Price
$95,900
Premium/Discount to List
-$4,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$76,720
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Sharma Bhupender K and Pugh Sharon L
Bought by
Ganesh Properties Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Ganesh Properties Llc
Bought by
Sharma Bhupender K and Pugh Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.91%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $95,900 --
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,720 New Conventional
Previous Owner $63,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $165,000 -5.2% $141 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $174,000 +81.4% $149 / Sq Ft
03/02/2018 03/02/18 Sold $95,900 -4.0% $82 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $99,900 -- $85 / 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 $2,688 $134,400 $29,900 $104,500
2023 $1,333 $133,300 $29,900 $103,400
2022 $2,706 $135,300 $29,600 $105,700
2021 $2,356 $117,800 $25,300 $92,500
2020 $2,256 $112,800 $21,100 $91,700
2019 $1,938 $96,900 $14,400 $82,500
2018 $1,788 $89,400 $9,200 $80,200
2017 $1,704 $85,200 $9,200 $76,000
2016 $1,536 $76,800 $9,200 $67,600
2014 $1,540 $77,000 $9,200 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Lindsey Clark

    Seller's Agent in 2025

    Lindsey Clark

    Barberry Realty

    (812) 821-3431

    28 in this area

    71 Total Sales

    Lindsey Clark
    Section Image

  • B

    Buyer's Agent in 2025

    BLOOM NonMember

    NonMember BL

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201753741

Indiana Regional MLS

APN: 53-04-10-200-012.000-013

Indiana Monroe County Ellettsville 47429

408 W Association St, Ellettsville, IN

This home is located at 408 W Association St, Ellettsville, IN 47429 and is currently priced at $95,900, approximately $81 per square foot. This property was built in 1948. 408 W Association St is a home located in Monroe County with nearby schools including Edgewood High School, Seven Oaks Classical School, and Grace Baptist Academy.

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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