$300,000
SOLD JUN 12, 2025

415 & 419 & 421 N Constable Dr Ellettsville, IN 47429

10 Beds
5 Baths
3,864 Sq Ft
0.5 Acres

Recently Sold

$78 Per Sq Ft

6% Below List Price

47 Days on Market

Highlights

  • Laundry closet
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of June 2025

Discover an excellent investment opportunity with so much potential! This three-unit investment property is situated on a spacious 0.5-acre lot, offering so many value-adding possibilities. Each unit is currently occupied, ensuring a steady and reliable income stream. Recent updates include a 75' section of sewer line, new sump pump (unit 419), new upstairs flooring, insulation, windows and back door (unit 421). Located less than 10 minutes from the I-69 interchange and 15 minutes from IU's campus, this location is convenient, while providing a quiet, picturesque setting.

Last Agent to Sell the Property

Lindsey Clark

Barberry Realty Brokerage Phone: 812-821-3431 Listed on: 03/22/2025

Last Buyer's Agent

Bob Double

Valu-net Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1946

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 214x92
  • Irregular Lot

Home Design

  • Triplex
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry closet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • 1 Bathroom in Basement
  • 4 Bedrooms in Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Edgewood Elementary And Middle School
  • Edgewood High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, trash collection, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 53-04-10-200-165.000-013
  • Seller Concessions Offered

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Ellettsville Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,974

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1946
  • Age: 79
  • Bedrooms: 10
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: PT NW NW 10-9-2W .50A
  • Parcel Number ID: 53-04-10-200-165.000-013
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Near Walking Trail, Water Heater Electric, Sump Pump
  • Number Below Grade Bedrooms: 4
  • Sp Lp Percent: 94.04
  • Zoning Description: Nonconforming R-1
  • Monthly Gross Income: 2850
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3864
  • Total Finished Sq Ft: 3864
  • Above Grade Finished Sq Ft: 2492
  • Below Grade Finished Sq Ft: 1372
  • Price Per Sq Ft: 120.39
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance
  • Flooring: Mixed
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1372
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 6

Exterior Features

  • Exterior: Stone
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 2800
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 2

Schools

  • School District: Richland-Bean Blossom Community Schools
  • Elementary School: Edgewood
  • Middle School: Edgewood
  • High School: Edgewood
  • Elementary School: Edgewood

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: 214x92
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Electric, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2850
  • Number Of Dishwashers: 3
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Number Of 3 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 4974

MLS Schools

  • High School: Edgewood
  • Middle School: Edgewood
  • School District: Richland-Bean Blossom Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2018
Sold by
Abram Bartley K
Bought by
Troa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Outstanding Balance
$126,836
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$186,148

Purchase Details

Closed on
Jun 18, 2014
Sold by
Bauer Jawn J
Bought by
Abram Bartley K

Purchase Details

Closed on
Feb 28, 2007
Sold by
Federal National Mortgage Association
Bought by
Bronder Daniel J
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Available
Commissioners Deed -- None Available
Special Warranty Deed $74,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,200 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $300,000 -6.0% $78 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
03/22/2025 03/22/25 For Sale $319,000 -- $83 / 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 $5,014 $250,700 $70,700 $180,000
2023 $2,487 $248,700 $70,700 $178,000
2022 $6,026 $301,300 $70,000 $231,300
2021 $5,228 $261,400 $60,000 $201,400
2020 $4,734 $236,700 $50,000 $186,700
2019 $4,174 $208,700 $34,000 $174,700
2018 $1,962 $98,100 $21,800 $76,300
2017 $1,886 $94,300 $21,800 $72,500
2016 $1,856 $92,800 $21,800 $71,000
2014 $1,814 $90,700 $21,800 $68,900
2013 $1,814 $154,900 $21,800 $133,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202509446

Indiana Regional MLS

APN: 53-04-10-200-165.000-013