NOT LISTED FOR SALE

50 W Walnut St North Vernon, IN 47265

Estimated Value: $149,000 - $276,000

4 Beds
1 Bath
-- Sq Ft
8,551 Sq Ft Lot

Last Sold November 04, 2019

Last sale price $87,288

Est. 133% increase in value since last sale

Current estimated payment $1,277/month

27 Days on Market

About This Home

As of November 2019

Investment Opportunity! This 2,304 sq. ft. duplex is situated on a corner lot and conveniently located in town. Each side features 2 bedrooms, 1 bath, living room, kitchen/dining combo and laundry room. The duplex is total electric, has wall and window air and the range, refrigerator, washer and dryer all stay.

Last Agent to Sell the Property

Jerry Lamb

Coldwell Banker Martin Miller Lamb License #RB14035661 Listed on: 08/15/2019

Coldwell Banker Martin Miller Lamb

Last Buyer's Agent

Tyler Stock

Coldwell Banker Martin Miller

Coldwell Banker Martin Miller

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 8,551 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tenant pays for electricity insurance
  • The owner pays for insurance taxes sewer trash collection water
  • Assessor Parcel Number 400934330029000004

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2004
  • Lot Size Acres: 0.1963
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: Not Applicable
  • Property Description: Investment Opportunity! This 2,304 sq. ft. duplex is situated on a corner lot and conveniently located in town. Each side features 2 bedrooms, 1 bath, living room, kitchen/dining combo and laundry room. The duplex is total electric, has wall and window air and the range, refrigerator, washer and dryer all stay.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Insurance,Taxes,Sewer,Trash Collection,Water
  • Possible Use: Residential
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2304
  • Laundry: Connections All

Exterior Features

  • Roof: Shingle
  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 84500
  • Road Access: CityStreet
  • Interstate: Ramp>5mi

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Solid Waste: 1
  • HVAC: None

Fee Information

  • Expenses: 5310

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Parcel Number: 400934330029000004
  • Zoning: MF
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Corner,Sidewalks,Street Lights
  • Lot Number: 79
  • Lot Size: 8,550

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity,Insurance

Multi Family

  • Net Operating Income: 7890
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2290
  • Semi Annual Property Tax Amt: 1145
  • Tax Exemption: None

MLS Schools

  • School District: Jennings County Schools
  • Schools: Jennings County High,Jennings County Middle,North Vernon Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Wagner Michael G
Bought by
Pinnacle Homes Llc
Current Estimated Value
$203,019

Purchase Details

Listed on
Aug 15, 2019
Closed on
Nov 20, 2019
Sold by
Pinnacle Homes Llc
Bought by
Wagner Michael G
Seller's Agent
Jerry Lamb
Coldwell Banker Martin Miller Lamb
Buyer's Agent
Tyler Stock
Coldwell Banker Martin Miller
List Price
$84,500
Sold Price
$87,288
Premium/Discount to List
$2,788
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%

Purchase Details

Listed on
Aug 15, 2019
Closed on
Nov 4, 2019
Sold by
Moir Vernon
Bought by
Pinnacle Homes Llc
Seller's Agent
Jerry Lamb
Coldwell Banker Martin Miller Lamb
Buyer's Agent
Tyler Stock
Coldwell Banker Martin Miller
List Price
$84,500
Sold Price
$87,288
Premium/Discount to List
$2,788
3.3%

Purchase Details

Closed on
May 5, 2003
Sold by
Ken Hughes
Bought by
Barlow John D

Purchase Details

Closed on
Mar 17, 1998
Sold by
Jane Renner Elizabeth
Bought by
Swords Philip H
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
Pinnacle Homes Llc -- None Available
Wagner Michael G -- None Available
Pinnacle Homes Llc $174,576 North Vernon Abstract Co., Inc
Barlow John D -- --
Swords Philip H $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $87,288 +3.3% --
09/12/2019 09/12/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $84,500 -- --
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 $2,450 $122,500 $13,700 $108,800
2023 $2,466 $123,300 $13,700 $109,600
2022 $2,326 $116,300 $13,700 $102,600
2021 $2,080 $104,000 $13,700 $90,300
2020 $2,378 $118,900 $13,700 $105,200
2019 $2,348 $117,400 $13,700 $103,700
2018 $2,290 $114,500 $13,700 $100,800
2017 $2,288 $114,400 $13,700 $100,700
2016 $2,310 $115,500 $13,700 $101,800
2014 $2,384 $119,200 $13,700 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21662178

MIBOR Broker Listing Cooperative®

APN: 40-09-34-330-029.000-004