NOT LISTED FOR SALE

409 E Franklin St Greencastle, IN 46135

-- Bed
-- Bath
-- Sq Ft
0.33 Acres

Last Sold October 08, 2021

Last sale price $279,900

About This Home

As of October 2021

Excellent investment opportunity with this 8-unit apartment building within walking distance of downtown Greencastle and the DePauw University campus. Tenants pay electric. Owner pays water, sewer, trash and common light electric. All units have one bedroom, one bathroom, a storage closet, small kitchen, dining space and living room. HVAC consists of wall A/C units and baseboard heat. Shed on the side for owner storage, or possible conversion to laundry room. Apartments in need of cosmetic updates, but are priced accordingly. With new updates, rental income could be higher. Paved parking lot in front for all units.

Last Agent to Sell the Property

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 08/26/2021

Co-Listed By

Jennifer McCune

Prime Real Estate ERA Powered License #RB16000472

Last Buyer's Agent

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 08/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,806

Year Built

  • 1965

Lot Details

  • 0.33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,806

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Commercial Units - 5+
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.primerealestateprofessionals.com
  • Unit Count: 1
  • Conversion: 0
  • Architectural Style: Multi-Level
  • Co List Office Mls Id: MBRPIEG01
  • Co List Office Phone: 765-653-4663
  • Directions: From the Courthouse Square, go east on Franklin St for 4.5 blocks, property is on the left.
  • New Construction: No
  • Property Attached Yn: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: TOWER HILL
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry
  • Basement YN: No
  • Owner Pays: Insurance, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water, Other
  • Possible Use: Apt<20

Exterior Features

  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • Road Access: CityStreet
  • Construction Type: Aluminum Siding, Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area
  • Auto Surface: Asphalt

Utilities

  • Solid Waste: 0

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Street,Sidewalks,Street Lights,Tree Mature,Wooded
  • Lot Number: 1
  • Lot Size: 14,549
  • Current Use: Apt<20
  • Zoning: ZO01 Residential

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Insurance

Tax Info

  • Semi Annual Property Tax Amt: 903
  • Tax Exemption: None
  • Tax Annual Amount: 1806
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • School District: Greencastle Community
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $279,900 0.0% --
08/27/2021 08/27/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $279,900 -- --
Source: MIBOR Broker Listing Cooperative®

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 $4,942 $247,100 $28,500 $218,600
2023 $3,754 $187,700 $28,500 $159,200
2022 $1,952 $97,600 $28,500 $69,100
2021 $1,806 $90,300 $28,500 $61,800
2020 $1,806 $90,300 $28,500 $61,800
2019 $1,806 $90,300 $28,500 $61,800
2018 $2,501 $93,300 $28,500 $64,800
2017 $2,387 $92,400 $28,500 $63,900
2016 $1,810 $90,100 $28,500 $61,600
2014 $1,851 $92,300 $28,500 $63,800
2013 $1,851 $95,500 $28,500 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21806471

MIBOR Broker Listing Cooperative®