NOT LISTED FOR SALE

411 S Main St Sheridan, IN 46069

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $222,000

4 Days on Market

About This Home

As of December 2021

Apartment building: 5 units are 1 bed/1 bath, one unit is a studio (no kitchen). Unit 0 & 1 are currently rented by the same tenant. Three tenants are long term. All tenants have fulfilled 1st lease term and are on month-to-month. This is a commercial listing with a corporate seller, no seller disclosure required. No showings allowed until accepted offer with proof of funds is provided, then agent will schedule. A copy of financials & leases will be provided once proof of funds & non-disclosure is submitted. Proof of a valid buyer is required. This is a concrete block building on a slab. All plumbing lines and furnaces are in the attic. 2 tax parcels with this property: parking lot is separate parcel and comes with the apartment bldg.

Last Agent to Sell the Property

Tina Floyd-Snodgrass

Homeward Bound Realty LLC License #RB14026166 Listed on: 11/26/2021

Homeward Bound Realty LLC

Last Buyer's Agent

Tina Floyd-Snodgrass

Homeward Bound Realty LLC License #RB14026166 Listed on: 11/26/2021

Homeward Bound Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,018

Year Built

  • 1970

Lot Details

  • 4,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,018

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Commercial Units - 5+
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.zillow.com/view-3d-home/3236a943-e8d5-431c-a5dc-871dc81750f6?setAttribution=mls&wl=true
  • Unit Count: 6
  • Conversion: 0
  • Architectural Style: TraditonalAmerican
  • Directions: From US31 N take SR 38 to Main St in Sheridan, turn N to property on E side
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Gravel
  • Structure Type: Apartment Building
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 2660
  • Laundry: NoLaundry
  • Basement YN: No
  • Owner Pays: InsHazard, Insurance, Taxes, Sewer, Trash Collection, Water
  • Possible Use: CommMulTen

Exterior Features

  • Exterior Features: Driveway Asphalt, Driveway Gravel
  • Foundation Details: Slab
  • Road Access: StateRoad
  • Interstate: Ramp>5mi
  • Construction Type: Block
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,Paved Area,Unpaved
  • Parking Spacesper Unit: 2.0000

Utilities

  • Solid Waste: 0
  • HVAC: Forced air/5, c/a on roof

Fee Information

  • Expenses: 10897
  • Insurance Expenses: 2390

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Corner
  • Lot Number: 2
  • Lot Size: 2662
  • Current Use: Apt<20

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Tax Info

  • Semi Annual Property Tax Amt: 1009
  • Tax Exemption: None
  • Multiple Tax I D: 29-01-32-306-036.000-002
  • Tax Annual Amount: 2018
  • Tax Year: 2020

Multi Family

  • Property Net Operating Income: 11597
  • Number Of Units Total: 6

MLS Schools

  • School District: Sheridan Community
  • Schools: Sheridan High

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $222,000 -1.3% --
12/01/2021 12/01/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $225,000 +100.9% --
06/30/2017 06/30/17 Sold $112,000 -2.6% --
06/08/2017 06/08/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $115,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21826468

MIBOR Broker Listing Cooperative®