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
About This Home
As of November 2021Excellent 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,906
Year Built
- 1910
Lot Details
- 7,405
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%
Total Days on Market
69
Current Estimated Value
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
15.66%
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
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Similar Homes in Plainfield, IN
Home Values in the Area
Average Home Value in this Area
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
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
-
Sadie Baugh
S
Seller's Agent in 2021
Sadie Baugh
Mainstay Property Group LLC
(317) 910-4935
1 in this area
3 Total Sales
-
Buyer's Agent in 2021
Kenneth Yoder
Mark Dietel Realty, LLC
(317) 220-6465
1 in this area
119 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21803290
APN: 32-10-26-372-008.000-012
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