NOT LISTED FOR SALE

501 N Mulberry St Churubusco, IN 46723

Estimated Value: $118,000 - $167,000

4 Beds
3 Baths
2,035 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $74,000 $36 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $899/month

34 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • Wood Siding
  • Community Playground

About This Home

As of May 2015

Triplex in good condition. Long term tenants. Mostly separate utilities, property borders city park. Large lot with separate legal description and could be used for additional income property. New roof, new gutters and new exterior paint. Very nice apartments. Has has excellent care and is ready for new owner.

Last Agent to Sell the Property

Glenn Ellenberger

Keystone Real Estate Sales, LLC Listed on: 02/17/2015

Co-Listed By

Heidi Ramseyer

Keystone Real Estate Sales, LLC

Last Buyer's Agent

Glenn Ellenberger

Keystone Real Estate Sales, LLC Listed on: 02/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1928

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 273 x 96
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking

Location

  • Suburban Location

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, sewer, water
  • The owner pays for heating, lawn maintenance, maintenance, snow removal, tax
  • Assessor Parcel Number 92-04-13-548-509.000-010

Community Details

Overview

  • 3 Units
  • Magers Subdivision

Recreation

  • Community Playground

Building Details

  • Fuel Expense $1,196
  • Insurance Expense $560
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1928
  • Age: 87
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: part of lot 10 in Magers Addition |
  • Parcel Number ID: 92-04-13-548-509.000-010
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.8
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 120
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 2035
  • Total Finished Sq Ft: 2035
  • Above Grade Finished Sq Ft: 2035
  • Price Per Sq Ft: 36.36
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Mixed
  • Main Level Sq Ft: 1427
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Private

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1196
  • Annual Insurance Expense: 560
  • Annual Maintenance Expense: 1000

Condo/Co-op/Association

  • Common Amenities: Playground

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco
  • Elementary School: Churubusco

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 273 x 96
  • Estimated Lot Sq Ft: 25265
  • Estimated Lot Size Acres: 0.58

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1586.93

MLS Schools

  • High School: Churubusco
  • Middle School: Churubusco
  • School District: Smith-Green Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 22, 2015
Sold by
Nila J Ferguson
Bought by
Mccoy Barry L and Mccoy Mary E
Seller's Agent
Glenn Ellenberger
Keystone Real Estate Sales, LLC
Buyer's Agent
Glenn Ellenberger
Keystone Real Estate Sales, LLC
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Current Estimated Value
$142,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,848
Avg. Annual Appreciation
6.84%
Source: Public Records

Range of Values:

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Average Value
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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
Mccoy Barry L $69,000 Meridian Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $74,000 -1.2% $36 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $74,900 -- $37 / 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 $1,303 $115,300 $16,600 $98,700
2023 $2,726 $107,500 $15,800 $91,700
2022 $2,278 $98,100 $14,500 $83,600
2021 $1,954 $82,000 $14,500 $67,500
2020 $1,826 $75,000 $12,600 $62,400
2019 $1,729 $69,900 $12,600 $57,300
2018 $1,700 $68,400 $12,600 $55,800
2017 $1,303 $65,100 $12,600 $52,500
2016 $1,494 $74,400 $12,600 $61,800
2014 $1,407 $70,300 $12,600 $57,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Glenn Ellenberger

    Keystone Real Estate Sales, LLC

    (260) 760-7194

    27 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2015

    Heidi Ramseyer

    Keystone Real Estate Sales, LLC

    (260) 760-7194

    20 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201506212

Indiana Regional MLS

APN: 92-04-13-548-010.000-010

Indiana Whitley County Churubusco 46723

501 N Mulberry St, Churubusco, IN

This home is located at 501 N Mulberry St, Churubusco, IN 46723 since 17 February 2015 and is currently estimated at $145,441, approximately $71 per square foot. This property was built in 1928. 501 N Mulberry St is a home located in Whitley County with nearby schools including Churubusco Elementary School and Churubusco Junior/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.

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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