NOT LISTED FOR SALE

502 W Jefferson St Alexandria, IN 46001

Estimated Value: $139,000 - $154,482

4 Beds
2 Baths
1,800 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $96,000 $53 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $891/month

92 Days on Market

Highlights

  • Cape Cod Architecture
  • Walk-In Pantry
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Eat-In Kitchen
  • Partially Fenced Property

About This Home

As of May 2021

Great Duplex in Alexandria on Corner Lot. Downstairs has 2 bedrooms, Living Room, Kitchen and Bathroom, Upstairs has 2 Bedroom, Living Room, Kitchen and Bathroom. Full Unfinished basement has Gas Furnace (8 Years old)and New Sump Pump and Newer On Demand Water Heater. This house could also be converted in to a single family house and you could make the upstairs Kitchen a bedroom for a full 5 bedroom, 2 bath home. There are 4 to 5 paved parking spaces along side of property. Currently the tenant on the ground floor is moving out in February, there is no tenant in the Upstairs.

Last Agent to Sell the Property

Kathy J Smith

NextHome Elite Real Estate Listed on: 01/18/2021

NextHome Elite Real Estate

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1946

Lot Details

  • 2,601 Sq Ft Lot
  • Lot Dimensions are 50x52
  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Saltbox Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Location

  • Suburban Location

Schools

  • Alexandria-Monroe Elementary School
  • Alexandria Monroe Middle School
  • Alexandria Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48-05-13-403-072.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$952

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Age: 75
  • Style: Two Story
  • Architectural Style: Cape Cod, Salt Box
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Sunnyside Add Lot 35
  • Parcel Number ID: 48-05-13-403-072.000-022
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Pantry-Walk In, Sump Pump
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2700
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 53.33
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Family Room: Dimensions: 16x12, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Other Room1: Kitchen, Dimensions: 12x12, On Level: Upper
  • Main Level Sq Ft: 900
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 900

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial, Privacy

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: Vectren Energy
  • Hvac: High Efficiency Furnace

Schools

  • School District: Alexandria Community S.D.
  • Elementary School: Alexandria-Monroe
  • Middle School: Alexandria Monroe
  • High School: Alexandria Monroe
  • Elementary School: Alexandria-Monroe

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x52
  • Estimated Lot Sq Ft: 2601
  • Estimated Lot Size Acres: 0.0597

Tax Info

  • Annual Taxes: 952.5

MLS Schools

  • High School: Alexandria Monroe
  • Middle School: Alexandria Monroe
  • School District: Alexandria Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 26, 2021
Sold by
Bowser George H
Bought by
Reed Cassandra L
Seller's Agent
Kathy J Smith
NextHome Elite Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$104,900
Sold Price
$96,000
Premium/Discount to List
-$8,900
-8.48%
Current Estimated Value
$146,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,621
Avg. Annual Appreciation
10.94%
Original Mortgage
$87,912
Outstanding Balance
$80,567
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$69,432

Purchase Details

Closed on
Nov 27, 2019
Sold by
Bowser Rachal L
Bought by
Bowser George H

Purchase Details

Listed on
May 30, 2017
Closed on
May 30, 2017
Sold by
Marie Garner Kaitlin
Bought by
Bowser Rachel
Seller's Agent
MEIAR NonMember
NonMember MEIAR
Buyer's Agent
Sandra Bridges
Berkshire Hathaway Indiana Realty
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$72,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2012
Closed on
Sep 11, 2013
Sold by
White Paul D
Bought by
Garner Kaitlin Marie
Seller's Agent
Justin Puckett
Keller Williams Indy Metro NE
Buyer's Agent
Grant Gorman
Green Forest Realty
List Price
$79,900
Sold Price
$76,900
Premium/Discount to List
-$3,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$67,500
Interest Rate
4.39%
Mortgage Type
New Conventional
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
Reed Cassandra L -- None Available
Bowser George H -- None Available
Bowser Rachel $80,000 --
Bowser George H $80,000 Stewart Title
Garner Kaitlin Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Cassandra L $87,912
Previous Owner Bowser George H $72,000
Previous Owner Garner Kaitlin Marie $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $96,000 -4.0% $53 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $99,999 -4.7% $56 / Sq Ft
01/18/2021 01/18/21 For Sale $104,900 +31.1% $58 / Sq Ft
05/30/2017 05/30/17 Sold $80,000 0.0% $44 / Sq Ft
05/30/2017 05/30/17 Sold $80,000 -11.0% $44 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $89,900 0.0% $50 / Sq Ft
04/20/2017 04/20/17 For Sale $89,900 +12.4% $50 / Sq Ft
04/20/2017 04/20/17 Off Market $80,000 -- --
03/25/2017 03/25/17 Price Changed $89,900 -5.3% $50 / Sq Ft
03/09/2017 03/09/17 For Sale $94,900 +23.4% $53 / Sq Ft
09/11/2013 09/11/13 Sold $76,900 -3.8% $28 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $79,900 +3.9% $30 / Sq Ft
07/18/2013 07/18/13 Off Market $76,900 -- --
05/14/2013 05/14/13 Price Changed $79,900 -8.6% $30 / Sq Ft
04/17/2012 04/17/12 For Sale $87,400 -- $32 / 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 $1,186 $106,700 $5,100 $101,600
2023 $1,079 $97,600 $4,900 $92,700
2022 $1,088 $97,500 $4,800 $92,700
2021 $946 $84,700 $4,800 $79,900
2020 $961 $85,500 $4,600 $80,900
2019 $953 $84,300 $4,600 $79,700
2018 $856 $79,300 $4,600 $74,700
2017 $568 $56,800 $4,600 $52,200
2016 $473 $59,900 $4,600 $55,300
2014 $440 $59,400 $4,600 $54,800
2013 $440 $57,400 $4,600 $52,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202101653

Indiana Regional MLS

APN: 48-05-13-403-072.000-022