NOT LISTED FOR SALE

511 E Medcalf St Dale, IN 47523

Estimated Value: $108,000 - $131,000

3 Beds
2 Baths
2,230 Sq Ft
$54/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $123,000 $55 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $781/month

437 Days on Market

Highlights

  • Patio
  • Laundry in Utility Room
  • Level Lot
  • Heritage Hills High School Rated 10
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of January 2021

Great investment opportunity in Dale. $1750 in rent per month with four units and a extra detached pole barn for use or rental as well. Buy this property and live in the main house and have renters help you with your monthly payment. House sits on 1.6 acres for everyone to have some space.

Last Agent to Sell the Property

Kara Hinshaw

Key Associates Signature Realty Listed on: 07/18/2019

Last Buyer's Agent

Jacob Winkler

Key Associates Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1959

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 349x108x107x81x165x87x164x80x161
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for heating, water
  • The owner pays for electric, trash collection, water
  • Assessor Parcel Number 74-02-16-302-029.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,774

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1959
  • Age: 61
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW SW 16 4 R5 .530 AC, PT N1/2 SW 16 4 R5 .50 A, N 1/2 SW 16-4-5 .30 A .
  • Parcel Number ID: 74-02-16-302-029.000-002
  • Platted: Yes
  • Amenities: Patio Open
  • Parcel Id2: 74-02-16-302-018.001-002
  • Sp Lp Percent: 92.55
  • Monthly Gross Income: 1750
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2230
  • Total Finished Sq Ft: 2230
  • Above Grade Finished Sq Ft: 2230
  • Price Per Sq Ft: 55.16
  • Flooring: Carpet
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Block, Brick, Vinyl
  • Stories: 1
  • Outbuilding: Pole/Post Building
  • Outbuilding Sq Ft: 1200

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 4

Schools

  • School District: North Spencer County School Corp.
  • Elementary School: David Turnham Edl Ctr
  • Middle School: Heritage Hills
  • High School: Heritage Hills

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 349x108x107x81x165x87x164x80x161
  • Estimated Lot Sq Ft: 69696
  • Estimated Lot Size Acres: 1.6

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Trash Collection, Water
  • Tenant Pays: Heating, Water

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1774

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

Mortgage History

Date Status Borrower Loan Amount
Closed 511 E Medcalf Llc $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $123,000 -7.4% $55 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $132,900 -1.6% $60 / Sq Ft
08/05/2020 08/05/20 For Sale $135,000 +9.8% $61 / Sq Ft
08/02/2020 08/02/20 Off Market $123,000 -- --
06/23/2020 06/23/20 Price Changed $135,000 -9.9% $61 / Sq Ft
02/03/2020 02/03/20 For Sale $149,900 +21.9% $67 / Sq Ft
02/02/2020 02/02/20 Off Market $123,000 -- --
01/20/2020 01/20/20 For Sale $149,900 +21.9% $67 / Sq Ft
01/19/2020 01/19/20 Off Market $123,000 -- --
11/25/2019 11/25/19 Price Changed $149,900 -6.3% $67 / Sq Ft
07/18/2019 07/18/19 For Sale $159,900 -- $72 / 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 $1,636 $81,000 $23,100 $57,900
2023 $1,539 $75,900 $22,800 $53,100
2022 $969 $51,200 $8,500 $42,700
2021 $952 $47,400 $8,500 $38,900
2020 $908 $45,000 $8,200 $36,800
2019 $863 $44,000 $8,200 $35,800
2018 $798 $39,900 $8,200 $31,700
2017 $818 $40,900 $8,200 $32,700
2016 $756 $41,000 $8,200 $32,800
2014 $808 $40,400 $8,200 $32,200
2013 $808 $41,900 $8,200 $33,700
Source: Public Records

Agents Affiliated with this Home

  • Kara Hinshaw

    Seller's Agent in 2021

    Kara Hinshaw

    Key Associates Signature Realty

    (812) 686-3268

    445 Total Sales

    Kara Hinshaw
    Section Image
  • Jacob Winkler

    Buyer's Agent in 2021

    Jacob Winkler

    Key Associates Signature Realty

    (812) 686-6180

    156 Total Sales

    Jacob Winkler
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201930597

Indiana Regional MLS

APN: 74-02-16-302-018.001-002

Indiana Spencer County Dale 47523

511 E Medcalf St, Dale, IN

This home is located at 511 E Medcalf St, Dale, IN 47523 since 18 July 2019 and is currently estimated at $121,162, approximately $54 per square foot. This property was built in 1959. 511 E Medcalf St is a home located in Spencer County with nearby schools including Heritage Hills 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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