NOT LISTED FOR SALE

509 W Main St Greensburg, IN 47240

Estimated Value: $156,000 - $720,203

3 Beds
2 Baths
1,440 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $640,000 $444 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $2,299/month

46 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 3-minute walk to Sand Creek Township Park
  • Greensburg Community High School Rated 9+

About This Home

As of October 2023

Investment opportunity. Duplex consisting of a 3 bedroom, 1 bathroom on bottom unit and a 1 bedroom, 1 bathroom on top unit. Kitchen appliances and shed remain. Landlord pays for water and lawn care. Tenants pay all other utilities. 4 parking spaces in rear. Driveway shared with neighbor. Should qualify for FHA. Please give 24 hour notice for showings.

Last Agent to Sell the Property

Douglas Orr

RE/MAX Tower Brokerage Email: entertainorr@yahoo.com License #RB17001806 Listed on: 07/22/2023

RE/MAX Tower

Last Buyer's Agent

Douglas Orr

RE/MAX Tower Brokerage Email: entertainorr@yahoo.com License #RB17001806 Listed on: 07/22/2023

RE/MAX Tower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1900

Lot Details

  • 6,880 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Basement
  • Basement Cellar

Schools

  • Greensburg Elementary School
  • Greensburg Community Jr High Middle School
  • Greensburg Community High School

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for lawncare, taxes, sewer, trash collection, water
  • Tax Lot 9
  • Assessor Parcel Number 161111210016000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,100

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.16
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: www.remax.com
  • Conversion: Yes
  • MBR_AttributionContact: entertainorr@yahoo.com
  • Attribution Contact: entertainorr@yahoo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Levels: One
  • Owner Pays: Lawncare, Taxes, Sewer, Trash Collection, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Road Access: Frontage Road

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Cooling: Central Electric
  • Solid Waste: No

Schools

  • Middle Or Junior School: Greensburg Community Jr High

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 6880
  • Parcel Number: 161111210016000016
  • Zoning: B2
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Tax Info

  • Tax Annual Amount: 2100
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 1050
  • Tax Exemption: None

MLS Schools

  • Elementary School: Greensburg Elementary
  • High School: Greensburg Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Oct 11, 2023
Sold by
Bacco Franco and Paet Jerold
Bought by
Greensburg Alpha Investments Llc
Seller's Agent
Douglas Orr
RE/MAX Tower
Buyer's Agent
Douglas Orr
RE/MAX Tower
List Price
$188,000
Sold Price
$640,000
Premium/Discount to List
$452,000
240.43%
Views
67
Current Estimated Value
$394,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$245,949
Avg. Annual Appreciation
-21.07%

Purchase Details

Closed on
Apr 17, 2021
Sold by
Small Matthew D
Bought by
Paet Jerold and Bacco Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,325
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 31, 2019
Sold by
Bare Eric L and Bare Mercedes E
Bought by
Small Matthew D
Seller's Agent
Donna Tewmey
RE/MAX Tower
Buyer's Agent
Douglas Orr
RE/MAX Tower
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.81%
Original Mortgage
$71,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2014
Closed on
Dec 3, 2014
Sold by
Hogg Debra S
Bought by
Bare Eric L and Bare Mercedes E
Seller's Agent
Shelley Lawrence-Hadler
Keller Williams Indy Metro S
Buyer's Agent
Shelley Lawrence-Hadler
Keller Williams Indy Metro S
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
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
Greensburg Alpha Investments Llc -- Rush Title Services
Paet Jerold -- None Available
Small Matthew D $95,000 Ford Abstract Company
Bare Eric L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paet Jerold $89,325
Previous Owner Small Matthew D $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $640,000 0.0% $444 / Sq Ft
10/09/2023 10/09/23 Price Changed $640,000 +265.7% $444 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $175,000 -2.7% $122 / Sq Ft
08/02/2023 08/02/23 Price Changed $179,900 -4.3% $125 / Sq Ft
07/22/2023 07/22/23 For Sale $188,000 +97.9% $131 / Sq Ft
05/31/2019 05/31/19 Sold $95,000 -4.9% $66 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $99,900 -4.9% $69 / Sq Ft
03/20/2019 03/20/19 For Sale $105,000 +75.0% $73 / Sq Ft
12/04/2014 12/04/14 Sold $60,000 -14.2% $18 / Sq Ft View Prior Sale
11/21/2014 11/21/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $69,900 -- $21 / Sq Ft
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 $2,780 $139,000 $17,500 $121,500
2023 $2,326 $116,100 $17,500 $98,600
2022 $2,100 $105,000 $13,300 $91,700
2021 $1,810 $90,500 $13,300 $77,200
2020 $1,644 $82,200 $13,300 $68,900
2019 $362 $68,800 $11,700 $57,100
2018 $453 $78,900 $11,700 $67,200
2017 $1,494 $74,700 $11,700 $63,000
2016 $1,494 $74,700 $11,700 $63,000
2014 $842 $42,100 $11,100 $31,000
2013 $842 $42,100 $11,100 $31,000
Source: Public Records

Agents Affiliated with this Home

  • Douglas Orr

    Seller's Agent in 2023

    Douglas Orr

    RE/MAX Tower

    (812) 662-4642

    153 Total Sales

    Douglas Orr
    Section Image
  • Donna Tewmey

    Seller's Agent in 2019

    Donna Tewmey

    RE/MAX Tower

    (812) 593-5846

    143 Total Sales

    Donna Tewmey
    Section Image
  • Shelley Lawrence-Hadler

    Seller's Agent in 2014

    Shelley Lawrence-Hadler

    Keller Williams Indy Metro S

    (812) 614-4958

    148 Total Sales

    Shelley Lawrence-Hadler
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21933662

MIBOR Broker Listing Cooperative®

APN: 16-11-11-210-016.000-016

Indiana Decatur County Greensburg 47240

509 W Main St, Greensburg, IN

This home is located at 509 W Main St, Greensburg, IN 47240 since 22 July 2023 and is currently estimated at $394,051, approximately $273 per square foot. This property was built in 1900. 509 W Main St is a home located in Decatur County with nearby schools including Greensburg Elementary School, Greensburg Community Junior High School, and Greensburg Community 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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