NOT LISTED FOR SALE

509 Walnut St Monticello, IN 47960

Estimated Value: $84,000 - $140,000

4 Beds
2 Baths
1,440 Sq Ft
$78/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $62,000 $43 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $693/month

1 Day on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1 Car Attached Garage
  • Shed
  • Level Lot

About This Home

As of March 2023

Double the fun! Two 2 bedroom 1 bath houses in need of renovation. Great for rental houses. Each house is approx 720 sg ft of living area. Front house also has an attached garage. Newer Roofs (509 2016, 509 1/2 2021). Agent Owned.

Last Agent to Sell the Property

John Koppelmann

Koppelmann Real Estate Listed on: 02/15/2023

Last Buyer's Agent

Erik Moore

F.C. Tucker/Shook

F.C. Tucker/Shook

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Meadowlawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for maintenance
  • Assessor Parcel Number 91-73-33-000-063.700-021

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Citizen Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1940
  • Age: 83
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Citizens Add N1/2 Lot 96 and S 1/2 Lot 96 2nd Parcel #91-73-33-000-102.300-021
  • Parcel Number ID: 91-73-33-000-063.700-021
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Water Heater Electric, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 91-73-33-000-102.300-021
  • Sp Lp Percent: 103.33
  • Zoning Description: Residential
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 43.06
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Wood, Vinyl

Exterior Features

  • Exterior: Asphalt, Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1736
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Meadowlawn
  • Middle School: Roosevelt
  • High School: Twin Lakes
  • Elementary School: Meadowlawn

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Owner Pays: Maintenance
  • Tenant Pays: Electric, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 1550

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Twin Lakes
  • Middle School: Roosevelt
  • School District: Twin Lakes School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 1, 2023
Sold by
Koppelmann Properties Llc
Bought by
Reyna Octavio
Seller's Agent
John Koppelmann
Koppelmann Real Estate
Buyer's Agent
Erik Moore
F.C. Tucker/Shook
List Price
$60,000
Sold Price
$62,000
Premium/Discount to List
$2,000
3.33%
Current Estimated Value
$112,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,301
Avg. Annual Appreciation
25.56%
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
Reyna Octavio $62,000 White County Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $62,000 +3.3% $43 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $60,000 -- $42 / 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 $1,157 $57,800 $2,300 $55,500
2023 $987 $49,300 $2,300 $47,000
2022 $845 $42,200 $2,300 $39,900
2021 $650 $32,400 $2,300 $30,100
2020 $572 $28,500 $2,300 $26,200
2019 $554 $27,600 $2,300 $25,300
2018 $554 $27,600 $2,300 $25,300
2017 $814 $26,200 $2,300 $23,900
2016 $525 $26,200 $2,300 $23,900
2014 $527 $26,300 $2,300 $24,000
Source: Public Records

Agents Affiliated with this Home

  • John Koppelmann

    Seller's Agent in 2023

    John Koppelmann

    Koppelmann Real Estate

    (574) 870-0688

    23 in this area

    83 Total Sales

    John Koppelmann
    Section Image
  • Erik Moore

    Buyer's Agent in 2023

    Erik Moore

    F.C. Tucker/Shook

    (765) 404-0363

    1 in this area

    70 Total Sales

    Erik Moore
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202304264

Indiana Regional MLS

APN: 91-73-33-000-102.300-021

Indiana White County Monticello 47960

509 Walnut St, Monticello, IN

This home is located at 509 Walnut St, Monticello, IN 47960 since 15 February 2023 and is currently estimated at $112,301, approximately $77 per square foot. This property was built in 1940. 509 Walnut St is a home located in White County with nearby schools including Twin Lakes 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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