NOT LISTED FOR SALE

412 S Gibson St Princeton, IN 47670

Estimated Value: $85,000 - $144,000

5 Beds
5 Baths
3,679 Sq Ft
$32/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $42,000 $11 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $794/month

346 Days on Market

Highlights

  • Senior Community
  • Walk-In Closet
  • Forced Air Heating System
  • Porch
  • Shed
  • Community Storage Space

About This Home

As of June 2013

Don't miss this charming turn-of-the-century home. The home has been in one family for over 50 years and has been converted to charming apartments and sleeping rooms: THREE 4-room apts, and TWO sleeping rooms. All units are currently rented to tenants who take care of the home, mow the grass, and treat it as their own. A great investment at less than assessed value PRICE REDUCED $20,000 TO $59,900 MLS # 192093

Last Listed By

Carol Hyneman

ERA FIRST ADVANTAGE REALTY, INC Listed on: 06/26/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 79 x 154

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Walk-In Closet
  • 3,679 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Parking Lot

Outdoor Features

  • Shed
  • Porch

Schools

  • Brumfield Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 261207403001612028

Community Details

Overview

  • Senior Community
  • 5 Units

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $1,954
  • Maintenance Expense $978

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: Two Story
  • Legal Description: CLARKSVILLE 27 PT |
  • Parcel Number ID: 261207403001612028
  • Platted: Yes
  • Amenities: Storage, Cable Available, Closet(s) Walk-in, Detector-Smoke, Porch Open
  • Monthly Gross Income: 18400
  • Year Taxes Payable: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3679
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Shed

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Lot

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air, Space
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1954
  • Annual Maintenance Expense: 978

Schools

  • Elementary School: Brumfield
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Brumfield

Lot Info

  • Lot Dimensions: 79 X 154

Tax Info

  • Total Assessed Value: 123000
  • Exemptions: Over 65, Homestead, Mortgage
  • Annual Property Tax: 1744

Multi Family

  • Number Of Units: 5

MLS Schools

  • High School: Princeton
  • Middle School: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
D & N Apartments Llc
Bought by
Peppers Investment Llc
Total Days on Market
346
Current Estimated Value
$117,333

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jun 21, 2013
Sold by
Beall Sue Ann
Bought by
D & N Apartments Llc
Seller's Agent
Carol Hyneman
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Linda Folsom
F.C. TUCKER EMGE
List Price
$79,900
Sold Price
$42,000
Premium/Discount to List
-$37,900
-47.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

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
Peppers Investment Llc -- None Available
D & N Apartments Llc $42,000 Southwestern Indiana Land Ti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peppers Investment Llc $193,200
Closed Peppers Investments Llc $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $42,000 -47.4% $11 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
06/26/2012 06/26/12 For Sale $79,900 -- $22 / 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 $1,682 $83,200 $7,700 $75,500
2023 $1,664 $83,200 $7,700 $75,500
2022 $1,776 $88,800 $7,700 $81,100
2021 $1,632 $81,600 $7,700 $73,900
2020 $1,016 $49,900 $7,700 $42,200
2019 $1,016 $49,900 $7,700 $42,200
2018 $990 $49,500 $7,400 $42,100
2017 $982 $49,100 $7,400 $41,700
2016 $1,000 $50,000 $7,400 $42,600
2014 $988 $116,900 $7,400 $109,500
2013 -- $127,900 $7,400 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 957921

Indiana Regional MLS

APN: 26-12-07-403-001.612-028