Seller's Agent in 2024
Paul Faddis
Tarter Realty Auction and Appraisal Company
(765) 994-8533
383 Total Sales
47373 State Road 28 Redkey, IN 47373
--
Bed
--
Bath
--
Sq Ft
5.87
Acres
About This Home
As of August 2024Whether you're a seasoned investor looking to diversify your portfolio or an entrepreneur seeking a rewarding business opportunity, this rural mobile home park offers great investment potential. There is also a rental home located at the back of the property. This mobile home park combines the charm of rural living with the convenience of nearby amenities. Situated on 5.87 acres near the Mississinewa River, this property offers a unique investment opportunity priced at $695,000.
Last Agent to Sell the Property
Tarter Realty Auction and Appraisal Company Listed on: 04/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,553
Year Built
- Built in 2010
Lot Details
- 5.87 Acre Lot
- Rural Setting
Home Design
- Metal Roof
Basement
- Crawl Space
Parking
- 33 Parking Spaces
- Private Parking
- Off-Street Parking
Schools
- Monroe Central Elementary And Middle School
- Monroe Central High School
Utilities
- Multiple Heating Units
- Private Company Owned Well
- Well
- Septic System
Community Details
- 33 Units
Listing and Financial Details
- Tenant pays for electric, sewer
- The owner pays for sewer, tax
- Assessor Parcel Number 68-06-04-300-095.000-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Aug 6, 2024
Sold by
Shaffer T & C Inc
Bought by
Riverside Mhp Llc
Seller's Agent
Paul Faddis
Tarter Realty Auction and Appraisal Company
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$695,000
Sold Price
$645,000
Premium/Discount to List
-$50,000
-7.19%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$204,449
Avg. Annual Appreciation
-34.43%
Original Mortgage
$612,750
Outstanding Balance
$608,536
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$161,748
Purchase Details
Closed on
Oct 22, 2012
Sold by
Rose Property Management Llc
Bought by
Shaffer T & C Inc
Purchase Details
Closed on
Jul 3, 2012
Sold by
First United Financial L P
Bought by
Rose Property Management Llc
Purchase Details
Closed on
May 1, 2011
Sold by
First National Bank Of America
Bought by
First United Financial L P
Purchase Details
Closed on
Oct 26, 2009
Sold by
Logan John A and Logan Shirley S
Bought by
First National Bank Of America
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | None Listed On Document | |
| Warranty Deed | $34,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $612,750 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2024 08/06/24 | Sold | $645,000 | -7.2% | -- |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $695,000 | -- | -- |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $6,927 | $391,800 | $23,900 | $367,900 |
| 2023 | $6,553 | $395,800 | $23,900 | $371,900 |
| 2022 | $7,678 | $407,100 | $23,900 | $383,200 |
| 2021 | $7,660 | $389,300 | $23,900 | $365,400 |
| 2020 | $7,817 | $395,800 | $23,900 | $371,900 |
| 2019 | $5,309 | $300,100 | $23,900 | $276,200 |
| 2018 | $5,382 | $299,700 | $23,900 | $275,800 |
| 2017 | $3,807 | $230,400 | $23,900 | $206,500 |
| 2016 | $2,819 | $170,700 | $23,900 | $146,800 |
| 2014 | $1,442 | $89,900 | $23,900 | $66,000 |
| 2013 | $1,442 | $89,700 | $23,900 | $65,800 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Faddis
-
Diana Martin
D
Buyer's Agent in 2024
Diana Martin
NonMember MEIAR
(765) 747-7197
3,895 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202413531
APN: 68-06-04-300-095.000-003
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