NOT LISTED FOR SALE

514 Jefferson St Covington, IN 47932

Estimated Value: $181,000

-- Bed
4 Baths
1,968 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $10,000 $5 Per Sq Ft

Est. 1,710% increase in value since last sale

Current estimated payment $1,103/month

111 Days on Market

About This Home

As of July 2016

INVESTMENT OPPORTUNITY IN THIS 4 UNIT MULTI-FAMILY IN COVINGTON. NEW WATER HEATER IN JULY 2015. NEW ROOF WITHIN THE LAST 2 YEARS. NEW REFRIGERATORS IN UNITS. ALL UNITS HAVE STOVE AND REFRIGERATOR INCLUDED. 2 UNITS HAVE LONG TIME TENANTS. TENANTS PAY FOR ELECTRIC HEAT & CABLE TV. OWNER PAYS FOR SEWER, WATER, TRASH PICK=UP & GAS HOT WATER HEATER. GOOD INCOME PRODUCING PROPERTY (SQ. FOOTAGE & RM DIMENSIONS ARE APPROX.)

Last Agent to Sell the Property

Nancy Crowder

Legacy Land & Homes License #475126333 Listed on: 02/25/2016

Last Buyer's Agent

Nancy Crowder

RE/MAX Ultimate License #4751263333

RE/MAX Ultimate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356

Home Design

  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Range
  • Basement

Schools

  • Covington Middle School
  • Covington High School

Utilities

  • No Cooling
  • Floor Furnace
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat
  • The owner pays for gas, grounds care, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Business Type: Retail
  • Directions: Crossroad=4TH ST.,COVINGTON, IN ON 136 TO FOURTH ST., TURN NORTH ON FOURTH ST. TO JEFFERSON. TURN EAST ON JEFFERSON TO PROPERTY . RE/MAX 2000 SIGN
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Gravel
  • Building Stories: 2
  • Year Built: 1900
  • Unit Levels: Two
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement YN: Yes
  • Owner Pays: Gas, Grounds Care, Sewer, Trash Collection, Water
  • Stories: 2

Exterior Features

  • Construction Type: Log
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Electric, Floor Furnace
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Covington
  • Middle Or Junior School: Covington
  • Junior High Dist: Other

Lot Info

  • Zoning: Other
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Heat

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 902.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2018
Sold by
Barfell Eric W
Bought by
Paddock Darrell L and Paddock Kimberly S
Total Days on Market
111
Current Estimated Value
$181,000

Purchase Details

Closed on
Sep 18, 2013
Sold by
Blake Blake and Barker-Switzer Chelsea
Bought by
Barker-Switzer Chelsea
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
Paddock Darrell L -- None Available
Barker-Switzer Chelsea -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $10,000 -75.0% $5 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $40,000 -- $20 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,044 $52,200 $9,500 $42,700
2023 $1,446 $71,900 $8,100 $63,800
2022 $1,371 $68,200 $8,100 $60,100
2021 $1,196 $58,900 $8,100 $50,800
2020 $1,095 $53,600 $6,600 $47,000
2019 $974 $48,700 $6,600 $42,100
2018 $962 $48,700 $10,700 $38,000
2017 $924 $46,200 $10,700 $35,500
2016 $902 $46,200 $10,700 $35,500
2014 $902 $45,100 $10,700 $34,400
2013 $902 $45,100 $10,700 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: D202756

APN: 23-06-35-225-011.000-016