NOT LISTED FOR SALE

48 E Mechanic St Unit 3 Shelbyville, IN 46176

Estimated Value: $207,000 - $290,081

6 Beds
5 Baths
2,086 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $700 $0 Per Sq Ft

Est. 37,296% increase in value since last sale

Current estimated payment $1,756/month

13 Days on Market

About This Home

As of August 2021

Recently redone! This 1 Bedroom has new flooring and paint, very near Shelbyville's growing downtown. Be a part of the heart of downtown Shelbyville! Less than a block away from shops, restaurants, pubs, as well as the Blue River Trail head.

Last Agent to Sell the Property

Justin Polston

Mackenzie Allen, Polston & Ass License #RB14043542 Listed on: 07/28/2021

Last Buyer's Agent

Justin Polston

Mackenzie Allen, Polston & Ass License #RB14043542 Listed on: 07/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Community Details

  • Penn Adj Subdivision

Listing and Financial Details

  • Tenant pays for insurance, rent only
  • The owner pays for lawncare, taxes, trash collection, all utilities, water
  • Assessor Parcel Number 730732300161000002

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Colonial, TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1890
  • Lot Size Acres: 0.16
  • Subdivision Name: PENN ADJ
  • Inspection Warranties: Not Applicable
  • Transaction Type: Lease
  • Unit Count: 1
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: Lawncare, Taxes, Trash Collection, All Utilities, Water
  • Sq Ft Main Upper: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 700

Garage/Parking

  • Unit Parking: Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 1000

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 730732300161000002
  • Acres: <1/4 Acre
  • Lot Information: Other
  • Lot Number: 0
  • Lot Size: 6900

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Insurance, Rent Only
  • Lease Price: 700.00

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2166
  • Semi Annual Property Tax Amt: 1083
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
B & K Properties Inc
Bought by
Duran Oscar
Current Estimated Value
$261,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Duran Oscar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Duran Oscar $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $700 0.0% $0 / Sq Ft
07/28/2021 07/28/21 For Sale $700 0.0% $0 / Sq Ft
01/11/2021 01/11/21 Rented $600 -14.3% --
11/17/2020 11/17/20 For Rent $700 -- --
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 $4,416 $220,800 $8,700 $212,100
2023 $2,872 $143,600 $5,100 $138,500
2022 $2,520 $126,000 $4,400 $121,600
2021 $2,420 $121,000 $4,700 $116,300
2020 $2,992 $149,600 $7,000 $142,600
2019 $1,924 $121,000 $6,000 $115,000
2018 $780 $107,700 $8,800 $98,900
2017 $1,068 $103,400 $8,800 $94,600
2016 $2,178 $108,900 $8,800 $100,100
2014 $2,166 $108,300 $8,800 $99,500
2013 $2,166 $108,300 $8,800 $99,500
Source: Public Records

Agents Affiliated with this Home

  • Justin Polston

    Seller's Agent in 2021

    Justin Polston

    Mackenzie Allen, Polston & Ass

    (317) 364-1106

    49 in this area

    60 Total Sales

    Justin Polston
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Susan Powers

    Dropped Members

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21801696

MIBOR Broker Listing Cooperative®

APN: 73-07-32-300-161.000-002

Indiana Shelby County Shelbyville 46176

48 E Mechanic St Unit 3, Shelbyville, IN

This home is located at 48 E Mechanic St Unit 3, Shelbyville, IN 46176 since 28 July 2021 and is currently estimated at $261,770, approximately $125 per square foot. This property was built in 1890. 48 E Mechanic St Unit 3 is a home located in Shelby County with nearby schools including Coulston Elementary School, Shelbyville Middle School, and Shelbyville Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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