NOT LISTED FOR SALE

425 W Franklin St Delphi, IN 46923

Estimated Value: $98,000 - $178,000

4 Beds
2 Baths
2,032 Sq Ft
$72/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $56,800 $28 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $875/month

72 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Level Lot
  • Eat-In Kitchen
  • 2 Car Garage
  • Carpet

About This Home

As of June 2016

NICE OPPORTUNITY for extra monthly income, Two units that has been remodeled in 2013, Each unit has two bedrooms, shared two car detached garage, and total electric. come take a look

Last Listed By

Joan Abbott

Joan Abbott Real Estate Listed on: 01/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1900

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 56x121
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Garage
  • On-Street Parking

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Additional Features

  • Porch
  • Suburban Location
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for lawn maintenance, maintenance, tax
  • Assessor Parcel Number 08-06-30-017-033.000-007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,072

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Square
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Grimes 1st Add Lot 8 Blk 23 |
  • Parcel Number ID: 08-06-30-017-033.000-007
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Detector-Smoke, Eat-In Kitchen, Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.43
  • Monthly Gross Income: 910
  • Year Taxes Payable: 2014-2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2032
  • Total Finished Sq Ft: 2032
  • Above Grade Finished Sq Ft: 2032
  • Price Per Sq Ft: 27.95
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Number Electric Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56x121
  • Estimated Lot Sq Ft: 6795
  • Estimated Lot Size Acres: 0.156

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 910
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1072

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jun 3, 2016
Sold by
D & J Property Management Llc
Bought by
Kelly Joshua
Seller's Agent
Joan Abbott
Joan Abbott Real Estate
List Price
$58,900
Sold Price
$56,800
Premium/Discount to List
-$2,100
-3.57%
Total Days on Market
72
Current Estimated Value
$147,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,392
Avg. Annual Appreciation
11.21%
Original Mortgage
$55,771
Outstanding Balance
$45,013
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$102,179

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
Kelly Joshua -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Joshua $55,771
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $56,800 -3.6% $28 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $58,900 -- $29 / 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 $700 $94,900 $14,500 $80,400
2023 $434 $82,700 $14,500 $68,200
2022 $434 $74,300 $13,200 $61,100
2021 $407 $64,900 $12,000 $52,900
2020 $404 $62,700 $12,000 $50,700
2019 $379 $58,100 $12,000 $46,100
2018 $357 $55,800 $12,000 $43,800
2017 $362 $55,800 $10,800 $45,000
2016 $358 $54,000 $10,800 $43,200
2014 $1,072 $53,600 $10,800 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201602925

Indiana Regional MLS

APN: 08-06-30-017-033.000-007