NOT LISTED FOR SALE

419 N Perkins St Rushville, IN 46173

Estimated Value: $108,000 - $186,000

6 Beds
4 Baths
2,176 Sq Ft
$66/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $77,500 $36 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,008/month

10 Days on Market

About This Home

As of October 2021

A great opportunity to own a turn key triplex that produces excellent cash flow each month. The tenants pay all utilities but water/sewer and trash. Additional parking is available in the rear by the alley. The basement provides another area for additional storage as well. All units are 1 bedroom and 1 bath. The two bottom units currently rent for $600 a month and the top for $550 a month.

Last Agent to Sell the Property

Tyler Brown

RE/MAX Tower License #RB16000893 Listed on: 07/30/2021

RE/MAX Tower

Last Buyer's Agent

Douglas Orr

RE/MAX Tower License #RB17001806

RE/MAX Tower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • 1900

Lot Details

  • 6,534

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential Units - 1 to 4
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 3
  • Conversion: 1
  • Architectural Style: Other
  • Directions: Head N on Main St in Rushvillle, take a right on 4th St and a left on Perkins, home is on the left with sign in the yard.
  • New Construction: No
  • Property Attached Yn: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Sq Ft Main Upper: 0
  • Gross Area Sq Ft: 3880
  • Laundry: NoLaundry
  • Basement YN: Yes
  • Owner Pays: Sewer, Trash Collection, Water

Exterior Features

  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • Road Access: CityStreet
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Solid Waste: 1
  • HVAC: Baseboard heat, window AC

Fee Information

  • Expenses: 245

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 98 , 99
  • Lot Size: 6751
  • Current Use: Apt<20

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Semi Annual Property Tax Amt: 684
  • Tax Exemption: None
  • Tax Annual Amount: 1368
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • School District: Rush County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Rosser Michael D and Rosser Michelle M
Bought by
Rosser Investment Properties Llc
Current Estimated Value
$144,667

Purchase Details

Closed on
Dec 15, 2022
Sold by
Rosser Investment Properties Llc
Bought by
Rosser Michael D and Rosser Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 9, 2021
Sold by
Detweller Glen and Detweller Karen
Bought by
Rosser Investment Properties Llc
Seller's Agent
Tyler Brown
RE/MAX Tower
Buyer's Agent
Douglas Orr
RE/MAX Tower
List Price
$99,000
Sold Price
$77,500
Premium/Discount to List
-$21,500
-21.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$102,340
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2013
Sold by
Ingram James C
Bought by
Detweiler Glen and Detweiler Karen

Purchase Details

Closed on
Oct 26, 2011
Sold by
Caudill Timothy and Deaton Angela
Bought by
Ingram James C

Purchase Details

Closed on
Dec 1, 2006
Sold by
Campbell Patti Jean
Bought by
Caudill Timothy and Deaton Angela

Purchase Details

Closed on
May 3, 2005
Sold by
Citibank Na
Bought by
Campbell Patti Jean
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
Rosser Investment Properties Llc -- None Listed On Document
Rosser Michael D -- --
Rosser Investment Properties Llc $77,500 Quality Title Insurance Inc
Detweiler Glen -- None Available
Ingram James C -- None Available
Caudill Timothy -- None Available
Campbell Patti Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosser Michael D $81,750
Previous Owner Rosser Investment Properties Llc $102,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $77,500 -21.7% $36 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $99,000 -- $45 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,656 $132,800 $10,500 $122,300
2023 $2,480 $124,000 $10,500 $113,500
2022 $1,452 $71,000 $10,500 $60,500
2021 $1,452 $72,600 $10,500 $62,100
2020 $1,368 $68,400 $9,800 $58,600
2019 $1,296 $64,800 $9,800 $55,000
2018 $1,378 $68,900 $11,100 $57,800
2017 $1,366 $68,300 $11,100 $57,200
2016 $1,340 $67,000 $10,900 $56,100
2014 $1,066 $53,300 $11,400 $41,900
2013 $1,066 $53,300 $11,400 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21802667

MIBOR Broker Listing Cooperative®

APN: 70-11-05-101-009.000-011