NOT LISTED FOR SALE

509 N Mulberry St Churubusco, IN 46723

Estimated Value: $175,000 - $201,000

3 Beds
3 Baths
1,742 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $74,900 $43 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,246/month

37 Days on Market

Highlights

  • Corner Lot
  • Community Playground
  • Luxury Vinyl Tile Flooring
  • Storm Windows
  • Energy-Efficient Appliances
  • Ceiling Fan

About This Home

As of April 2014

Triplex in good condition. Long term tenants. Mostly separate utilities, property borders city park.

Last Listed By

Glenn Ellenberger

Keystone Realty and Auction LLC Listed on: 02/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1910

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 98' x 159'
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Storm Windows

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 92-04-13-548-210.000-010

Community Details

Overview

  • 3 Units
  • Magers Subdivision

Recreation

  • Community Playground

Pet Policy

  • Pet Restriction

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,828

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 104
  • Style: Two Story
  • Architectural Style: Converted House
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: part of lot #10 ex s 33' Magers addition |
  • Parcel Number ID: 92-04-13-548-210.000-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail
  • Sp Lp Percent: 93.74
  • Annual Miscellaneous: 50
  • Monthly Gross Income: 1050
  • Year Taxes Payable: 1013
  • Special Features: None

Interior Features

  • Total Sq Ft: 1742
  • Total Finished Sq Ft: 1742
  • Above Grade Finished Sq Ft: 1742
  • Price Per Sq Ft: 43
  • Basement Foundation: Crawl
  • Flooring: Carpet, Mixed, Vinyl Tile
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 560
  • Annual Maintenance Expense: 1000

Condo/Co-op/Association

  • Common Amenities: Playground
  • Pet Restrictions: Yes

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: 98' x 159'
  • Estimated Lot Sq Ft: 15582
  • Estimated Lot Size Acres: 0.3577

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1828.5

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 8, 2014
Closed on
Mar 28, 2014
Sold by
Nila J Ferguson
Bought by
Mccoy Barry L and Mccoy Mary E
Seller's Agent
Glenn Ellenberger
Keystone Realty and Auction LLC
Buyer's Agent
Lee Prescott
Keller Williams Realty Group
List Price
$79,900
Sold Price
$74,900
Premium/Discount to List
-$5,000
-6.26%
Total Days on Market
37
Current Estimated Value
$185,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,562
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Nila J Ferguson
Bought by
Sade Robert G and Sade Brenda L

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 $79,900 Meridian Title Corp
Sade Robert G $10,000 Meridian Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $74,900 -6.3% $43 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $79,900 -- $46 / 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 $2,498 $109,600 $15,000 $94,600
2023 $2,498 $102,000 $14,300 $87,700
2022 $2,162 $93,100 $13,100 $80,000
2021 $1,925 $78,100 $13,100 $65,000
2020 $1,646 $71,500 $11,400 $60,100
2019 $1,755 $68,500 $11,400 $57,100
2018 $1,715 $66,800 $11,400 $55,400
2017 $1,431 $63,600 $11,400 $52,200
2016 $1,622 $72,900 $11,400 $61,500
2014 $1,378 $68,900 $11,400 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201402820

Indiana Regional MLS

APN: 92-04-13-548-210.000-010