NOT LISTED FOR SALE

538 E Main St Plainfield, IN 46168

Estimated Value: $200,000 - $287,000

3 Beds
2 Baths
2,014 Sq Ft
$124/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $150,000 $74 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,932/month

69 Days on Market

About This Home

As of November 2021

Excellent opportunity in the heart of it all in Plainfield! This property needs some work, but nothing that a savvy investor cannot handle. This property boasts 3 bedrooms and a LARGE in-laws suite. Easily could be used as a multi-family property for a potentially massive income source!

Right next to everything downtown Plainfield has to offer and right across the street from the elementary school!

Last Agent to Sell the Property

Sadie Baugh

Mainstay Property Group LLC License #RB21000913 Listed on: 08/02/2021

Last Buyer's Agent

Kenneth Yoder

Mark Dietel Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,906

Year Built

  • 1910

Lot Details

  • 7,405

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Architectural Style: Other
  • Directions: Take Washington St exit on 465 W to Spring Dr.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: PLAINFIELD
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: None
  • Fireplace Features: Other
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2014
  • Main Level Sq Ft: 1052
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 962
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Windows Wood
  • Other Equipment: Not Applicable

Exterior Features

  • Foundation Details: Other
  • Association Maintained Building Exterior: 0
  • Common Walls: No Common Walls
  • Construction Type: Other
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Other/See Remarks
  • Garage Parking Description: None
  • Garage Sq Ft: 360

Utilities

  • Cooling: Other
  • Heating: See Remarks
  • Solid Waste: 0
  • Utility Options: Other/See Remarks
  • Water Heater: Other
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Condo Description Location: Free Standing

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 7,802

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1453
  • Tax Exemption: None
  • Tax Annual Amount: 2906
  • Tax Year: 2020

MLS Schools

  • School District: Plainfield Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 16, 2021
Sold by
Gemelli Investments Llc
Bought by
Job Acquisition Llc
Seller's Agent
Sadie Baugh
Mainstay Property Group LLC
Buyer's Agent
Kenneth Yoder
Mark Dietel Realty, LLC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$248,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,869
Avg. Annual Appreciation
15.24%
Original Mortgage
$5,000,000
Outstanding Balance
$4,647,273
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
-$4,398,404

Purchase Details

Closed on
Jul 30, 2021
Sold by
Silagi Asdell M Shirley
Bought by
Shake & Bake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2021
Sold by
Shake & Bake Llc
Bought by
Gemelli Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2019
Sold by
Silagi Asdell M Shirley
Bought by
Silagi Asdell M Shirley and Silagi Steven

Purchase Details

Closed on
Jan 23, 2006
Sold by
Silagl M Shirley
Bought by
Silagi Asdell M Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
Thomas Donald C
Bought by
Silagi M Shirley
Source: Public Records

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Range of Values:

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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
Job Acquisition Llc $150,000 Quality Title
Shake & Bake Llc $105,000 None Available
Shake & Bake Llc $105,000 None Available
Gemelli Investments Llc $130,000 None Available
Silagi Asdell M Shirley -- None Available
Silagi Asdell M Shirley -- Investors Titlecorp
Asdell M Shirley Silagi -- None Available
Silagi M Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Job Acquistion Llc $1,371,000
Open Job Acquisition Llc $5,000,000
Closed Job Acquisition Llc $5,000,000
Previous Owner Gemelli Investments Llc $105,000
Previous Owner Asdell M Shirley Silagi $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $150,000 -6.2% $74 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $159,900 -- $79 / 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 $6,770 $228,500 $25,600 $202,900
2023 $4,454 $223,500 $24,400 $199,100
2022 $5,012 $162,200 $23,200 $139,000
2021 $2,946 $147,300 $23,200 $124,100
2020 $2,906 $145,300 $23,200 $122,100
2019 $2,906 $145,300 $23,200 $122,100
2018 $2,850 $142,500 $23,200 $119,300
2017 $2,399 $119,900 $22,300 $97,600
2016 $2,311 $115,500 $22,300 $93,200
2014 $2,287 $114,300 $22,300 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21803290

MIBOR Broker Listing Cooperative®

APN: 32-10-26-372-008.000-012