NOT LISTED FOR SALE

547 W Main St Danville, IN 46122

Estimated Value: $329,000 - $372,000

6 Beds
3 Baths
1,920 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $323,500 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,624/month

38 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • 4-minute walk to Jack Willard Community Park
  • Danville Middle School Rated A-
  • Laundry Facilities

About This Home

As of July 2024

Great investment opportunity! Located in the heart of Danville! Charming 2 story all brick house with 3 units. Unit 1 includes 2 bedrooms/1 bath with beautiful sunroom entry; Unit 2 offers 3 levels of living space including 3 bedrooms with added sunroom/storage area; and Unit 3 features exposed brick and eat in bar with 1 bedroom/1 bathroom and convenient access to laundry facility. Coin operated laundry machine/dryer available to all tenants. Rents are $750, $850, and $1450. The two lower amounts have plenty of room for increase rent potential, and all on month to month leases.

Last Agent to Sell the Property

Austin Brown

Austin Brown Realty Group Brokerage Email: Austin@austinbrowngroup.com License #RB15001471 Listed on: 05/10/2024

Last Buyer's Agent

Austin Brown

Austin Brown Realty Group Brokerage Email: Austin@austinbrowngroup.com License #RB15001471 Listed on: 05/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Irregular Lot
  • Mature Trees

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • North Elementary School
  • Danville Middle School
  • Danville Community High School

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, lawncare
  • The owner pays for all utilities
  • Tax Lot 1
  • Assessor Parcel Number 321109208006000003
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,480

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Lot Size Acres: 0.33
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 107833
  • MBR_AttributionContact: Austin@austinbrowngroup.com
  • Attribution Contact: Austin@austinbrowngroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • List Price: 340000
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Asphalt
  • Unit Parking: Paved Area

Utilities

  • Cooling: Central Electric
  • Laundry Features: Common Laundry
  • Security Features: Smoke Alarm
  • Solid Waste: No

Fee Information

  • Expenses: 12951

Schools

  • Middle Or Junior School: Danville Middle School

Lot Info

  • Lot Features: Irregular Lot, Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 14375
  • Parcel Number: 321109208006000003
  • Acres: 1/4-1/2 Acre
  • Price Acre: 980303

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Lawncare

Multi Family

  • Gross Income: 36600
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5480
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 2740
  • Tax Exemption: None

MLS Schools

  • Elementary School: North Elementary School
  • High School: Danville Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 23, 2024
Sold by
Doud Bret W
Bought by
Carlowe Properties Llc
Seller's Agent
Austin Brown
Austin Brown Realty Group
Buyer's Agent
Austin Brown
Wright, REALTORS®
List Price
$340,000
Sold Price
$323,500
Premium/Discount to List
-$16,500
-4.85%
Views
11
Current Estimated Value
$350,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,784
Avg. Annual Appreciation
6.79%
Original Mortgage
$256,000
Outstanding Balance
$248,811
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$101,473

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 23, 2016
Sold by
Micropolitan Properties Llc
Bought by
Doub Bret W
Seller's Agent
Morgan Lathery
Keller Williams Indy Metro S
Buyer's Agent
Douglas Lathery
Keller Williams Indy Metro W
List Price
$175,000
Sold Price
$166,500
Premium/Discount to List
-$8,500
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$163,483
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2005
Sold by
Skwarcan Chester M and Skwarcan Patricia E
Bought by
Micropolitan Properties Llc
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
Carlowe Properties Llc $323,500 None Listed On Document
Doub Bret W -- --
Micropolitan Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlowe Properties Llc $256,000
Previous Owner Doub Bret W $163,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2024 07/23/24 Sold $323,500 -4.9% $168 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $340,000 0.0% $177 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $340,000 +104.2% $177 / Sq Ft
09/23/2016 09/23/16 Sold $166,500 0.0% $87 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/05/2016 08/05/16 Off Market $166,500 -- --
06/23/2016 06/23/16 For Sale $175,000 -- $91 / 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 $9,268 $312,700 $31,100 $281,600
2023 $5,480 $274,000 $30,500 $243,500
2022 $2,532 $253,200 $28,300 $224,900
2021 $2,140 $214,000 $25,700 $188,300
2020 $2,111 $211,100 $25,700 $185,400
2019 $1,800 $180,000 $21,400 $158,600
2018 $1,722 $172,200 $21,400 $150,800
2017 $1,621 $162,100 $20,400 $141,700
2016 $445 $79,500 $10,300 $69,200
2014 $1,590 $79,500 $10,400 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21978688

MIBOR Broker Listing Cooperative®

APN: 32-11-09-208-006.000-003