NOT LISTED FOR SALE

409 Hanover Ave Aurora, IN 47001

Estimated Value: $124,000 - $270,000

4 Beds
2 Baths
2,024 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 30, 2020

Current estimated payment $1,174/month

123 Days on Market

Highlights

  • Federal Architecture
  • Detached Garage
  • Heat Pump System
  • Deck
  • Central Air

About This Home

As of July 2020

Making Money Now or convert into a 4 bedroom Home! Great neighborhood on dead end street. Large fenced in yard, newer roof and windows mostly replaced, for a low maintenance exterior. Each unit has, living room, Kitchen, 2 Bedrooms, full Bathroom, laundry hookup, and storage shed. Downstairs has gas heat with CA, upstairs is heat pump with CA, and newer water heater. Both units are currently rented with long time renters and building has great rental history!!

Last Agent to Sell the Property

Chris Powell

Aurum Realty Listed on: 02/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1876

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200

Home Design

  • Federal Architecture
  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Double Hung Windows
  • Partial Basement
  • Electric Cooktop

Parking

  • Detached Garage
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Separate Meters
  • Gas Available at Street

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 2 Units
  • Southeastern Indiana Board Association

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,338

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Sub Type: Multi Fam 2-4 units
  • Architecture: Federal, Traditional
  • FILLACRES: 0.2300
  • Allow On Internet: Yes
  • Unit Levels: Two
  • Lot Measurement: Acres
  • Prop. Type: Multi Family
  • Total Finished Square Footage: 2024.00
  • Total Finished S F: 2024
  • Year Built: 1876
  • Separate Air Condi: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Has Basement: Partial
  • Fireplace: None
  • Windows: Double Hung
  • Separate Furnace: No

Exterior Features

  • Exterior Construction: Other, Vinyl Siding
  • Driveway Type: Gravel
  • Foundation: Block, Poured, Stone
  • Outside Features: Deck
  • Roof: Shingle

Garage/Parking

  • Parking: Onstreet
  • Garage Spaces: Garage Detached

Utilities

  • Cooling: Central Air, Window Unit
  • Gas Company: At Street
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Type: None
  • Separate Electric: Yes
  • Separate Gas: No

Condo/Co-op/Association

  • Association: Southeastern Indiana Board
  • Units In Building: 2

Schools

  • School District: South Dearborn
  • School District: South Dearborn

Lot Info

  • Lot Dimensions: 50x200
  • Lot Size Sq Ft: 10019.00

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Semi Annual Taxes: 905

MLS Schools

  • School Type: Elementary School
  • School Name: Aurora Elementary
  • School Type: High School
  • School Name: South Dearborn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 30, 2020
Sold by
Rector William J
Bought by
Brown Andrew E
Seller's Agent
Chris Powell
Aurum Realty
Current Estimated Value
$192,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,569
Outstanding Balance
$69,578
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$110,953
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
Brown Andrew E $79,000 Ewan Law Office
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Andrew E $77,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold -- -- --
06/30/2020 06/30/20 Pending -- -- --
02/28/2020 02/28/20 For Sale -- -- --
Source: Southeastern Indiana Board of REALTORS®

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 $1,338 $100,300 $16,800 $83,500
2023 $1,346 $101,200 $16,800 $84,400
2022 $1,292 $103,100 $16,800 $86,300
2021 $1,458 $109,500 $16,800 $92,700
2020 $1,086 $109,500 $16,800 $92,700
2019 $2,199 $109,500 $16,800 $92,700
2018 $2,197 $109,400 $16,800 $92,600
2017 $1,810 $90,100 $16,800 $73,300
2016 $1,810 $90,100 $16,800 $73,300
2014 $1,724 $86,200 $16,800 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 192293

Southeastern Indiana Board of REALTORS®

APN: 15-07-29-303-020.000-003