NOT LISTED FOR SALE

50 Washington St Unit 1B Columbus, IN 47201

Estimated Value: $405,008

-- Bed
2 Baths
2,332 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $352,000 $151 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,879/month

33 Days on Market

Highlights

  • Elevator
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • Columbus North High School Rated A
  • Landscaped
  • 4-minute walk to James A. Henderson Playground

About This Home

As of September 2022

Downtown investment office condo for sale in historic Haw Creek Leather Co building. 2,332 sq ft office suite occupied by home health national credit tenant Adaptive Nursing and Healthcare Services. Building contains elevator access and the condo comes with 2 private parking spaces. Absolute net lease with tenant responsible for taxes, fees and maintenance. 8% CAP Rate. Located across the street from Columbus IN City Hall and Police Department.

Last Agent to Sell the Property

Craig Dohman

Century 21 Scheetz - Bloomington Listed on: 08/05/2022

Century 21 Scheetz - Bloomington

Last Buyer's Agent

Craig Dohman

Century 21 Scheetz - Bloomington Listed on: 08/05/2022

Century 21 Scheetz - Bloomington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1914

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Level Lot
  • Historic Home

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Bathrooms
  • 2,332 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Carpet

Schools

  • Lillian Schmitt Elementary School
  • Central Middle School
  • Columbus North High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for association dues, cooling, electric, heating, maintenance, tax
  • Assessor Parcel Number 03-95-25-210-900.002-005

Community Details

Amenities

  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,860

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1914
  • Style: Condo
  • Total Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: CONDO UNIT 1B - HAWCREEK LEATHER CO; HPR (C/12A)
  • Parcel Number ID: 03-95-25-210-900.002-005
  • Platted: Yes
  • Amenities: Elevator, Foyer Entry, Landscaped
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2332
  • Total Finished Sq Ft: 2332
  • Above Grade Finished Sq Ft: 2332
  • Basement Foundation: Slab
  • Flooring: Carpet

Exterior Features

  • Exterior: Brick
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Lillian Schmitt

Lot Info

  • Lot Description: Level, Historic Designation
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Lease Term: 3 or More Years
  • Tenant Pays: Association Dues, Cooling, Electric, Heating, Maintenance, Tax

Tax Info

  • Annual Property Tax: 3860

Multi Family

  • Number Of Units: 1

MLS Schools

  • High School: Columbus North
  • Middle School: Central
  • School District: Bartholomew Cons. S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 7, 2022
Sold by
Cdwq Llc
Bought by
Sharma Richa
Seller's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
Buyer's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
List Price
$370,000
Sold Price
$352,000
Premium/Discount to List
-$18,000
-4.86%
Views
32
Current Estimated Value
$405,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,008
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Jun 9, 2022
Sold by
Adaptive Properties Llc
Bought by
Cdwq Llc
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
Sharma Richa $352,000 First American Title Insurance
Cdwq Llc $281,300 Lenders Escrow And Title Servi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $352,000 -4.9% $151 / Sq Ft
08/05/2022 08/05/22 For Sale $370,000 -- $159 / 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 $8,926 $351,000 $0 $351,000
2023 $9,190 $351,000 $0 $351,000
2022 $3,902 $150,000 $0 $150,000
2021 $3,860 $145,200 $0 $145,200
2020 $3,960 $145,200 $0 $145,200
2019 $3,583 $140,300 $0 $140,300
2018 $3,558 $140,300 $0 $140,300
2017 $3,519 $137,600 $0 $137,600
2016 $4,225 $168,900 $12,200 $156,700
2014 $4,328 $168,900 $12,200 $156,700
Source: Public Records

Agents Affiliated with this Home

  • Craig Dohman

    Seller's Agent in 2022

    Craig Dohman

    Century 21 Scheetz - Bloomington

    (812) 606-0136

    2 in this area

    43 Total Sales

    Craig Dohman
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Map

Source: Indiana Regional MLS

MLS Number: 202232616

Indiana Regional MLS

APN: 03-95-25-210-900.002-005

Indiana Bartholomew County Columbus 47201

50 Washington St Unit 1B, Columbus, IN

Not Listed for Sale

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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