NOT LISTED FOR SALE

409 E Franklin St Delphi, IN 46923

Estimated Value: $128,000 - $211,630

5 Beds
3 Baths
3,864 Sq Ft
$44/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $67,000 $17 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,298/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • 1 Car Attached Garage
  • Laundry Facilities
  • Community Storage Space

About This Home

As of February 2020

Here is a chance to own an income producing property and still have a place of your own to live in. this 3 unit building has a large first floor unit and 2 upper units that are currently rented. The 1st floor unit is in need of some repairs and updates but offers almost 2,000 square ft of living space. There is a garage and carport as well. The lower unit also has a new furnace and A/C unit last year. The unfinished basement also offers additional storage

Last Listed By

Jeffrey W Bossung

VOGEL REAL ESTATE Listed on: 01/20/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1836

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 08-06-29-011-068.000-007

Community Details

Overview

  • 3 Units
  • Bowen Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $648
  • Insurance Expense $1,622
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,287

Property Details

Home Type

Multi-Family

Year Built

Built in 1836

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1836
  • Age: 184
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Bowens 1st Add Lot 2 |
  • Parcel Number ID: 08-06-29-011-068.000-007
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.45
  • Monthly Gross Income: 1275
  • Year Taxes Payable: 2018 pay 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 4600
  • Total Finished Sq Ft: 3864
  • Above Grade Finished Sq Ft: 3864
  • Below Grade Sq Ft: 736
  • Price Per Sq Ft: 17.34
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 736
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 3
  • Parking: Garage, Gravel, Lot, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Annual Electric: 648
  • Annual Insurance Expense: 1622
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 1287
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60 x 120
  • Estimated Lot Sq Ft: 7187
  • Estimated Lot Size Acres: 0.165
  • Lot Number: 2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1275
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2054

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Tmp Holdings Llc
Bought by
Merkat Llc
Total Days on Market
11
Current Estimated Value
$169,815

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 13, 2020
Sold by
Randfran Llc
Bought by
Tmp Holdings Llc
Seller's Agent
Jeffrey W Bossung
VOGEL REAL ESTATE
Buyer's Agent
Joan Abbott
Joan Abbott Real Estate
List Price
$74,900
Sold Price
$67,000
Premium/Discount to List
-$7,900
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%

Purchase Details

Closed on
Dec 3, 2015
Sold by
Franscoviak Randy
Bought by
Randfran Llc

Purchase Details

Closed on
Feb 23, 1998
Sold by
Goldman Bowling and Goldman Bedeva\
Bought by
Franscoviak Randy

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
Merkat Llc $185,000 Reiling Teder & Schrier Llc
Tmp Holdings Llc $67,000 Columbia Title
Randfran Llc -- None Available
Franscoviak Randy $17,796 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tmp Holdings Llc $104,000
Previous Owner Franscoviak Randy $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $67,000 -10.5% $17 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $74,900 -- $19 / 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 $4,288 $213,800 $15,500 $198,300
2023 $1,706 $142,300 $10,200 $132,100
2022 $1,706 $85,300 $10,200 $75,100
2021 $1,570 $78,500 $10,200 $68,300
2020 $1,570 $78,500 $10,200 $68,300
2019 $1,980 $99,000 $10,200 $88,800
2018 $1,980 $99,000 $10,200 $88,800
2017 $2,054 $102,700 $14,900 $87,800
2016 $2,054 $102,700 $14,900 $87,800
2014 $2,026 $101,300 $13,900 $87,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey W Bossung

    Seller's Agent in 2020

    Jeffrey W Bossung

    VOGEL REAL ESTATE

    (765) 860-3628

    69 Total Sales

    Jeffrey W Bossung
    Section Image
  • Joan Abbott

    Buyer's Agent in 2020

    Joan Abbott

    Joan Abbott Real Estate

    (765) 564-9822

    191 Total Sales

    Joan Abbott
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202002474

Indiana Regional MLS

APN: 08-06-29-011-068.000-007

Indiana Carroll County Delphi 46923

409 E Franklin St, Delphi, IN

Homes for Sale in Delphi, IN

This home is located at 409 E Franklin St, Delphi, IN 46923 since 20 January 2020 and is currently estimated at $169,815, approximately $43 per square foot. This property was built in 1836. 409 E Franklin St is a home located in Carroll County with nearby schools including Delphi Community Elementary School, Delphi Community Middle School, and Delphi Community 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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