NOT LISTED FOR SALE

5480 E Us Highway 40 Plainfield, IN 46168

Estimated Value: $333,000 - $451,000

4 Beds
3 Baths
3,584 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $184,000 $51 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,156/month

258 Days on Market

Highlights

  • 0.94 Acre Lot
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • Central Elementary School Rated A
  • Shed
  • Baseboard Heating

About This Home

As of October 2017

This property actually consists of three parcels with most of the 'units' already rented out. The three residential units bring in $1350 monthly with the garage/shop at rear rented for $600 monthly. The part under the apartments rents for $400 monthly. Updates have been done continuously to the buildings and there is value in a Commercial property cornering on US Highway 40 in a growing area.

Last Agent to Sell the Property

Anthony Marsiglio

RE/MAX Centerstone License #RB14029573 Listed on: 01/12/2017

RE/MAX Centerstone

Co-Listed By

Gina Marsiglio

Last Buyer's Agent

John Wood

John Wood License #RB14020473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1930

Lot Details

  • 0.94

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Electric Oven

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Septic Tank

Additional Features

  • Shed
  • 0.94 Acre Lot

Listing and Financial Details

  • Tenant pays for insurance, all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 321033336012000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1930
  • Co List Office Phone: 317-839-4330
  • Garage Y N: Yes
  • Lot Size Acres: 0.94
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This property actually consists of three parcels with most of the 'units' already rented out. The three residential units bring in $1350 monthly with the garage/shop at rear rented for $600 monthly. The part under the apartments rents for $400 monthly. Updates have been done continuously to the buildings and there is value in a Commercial property cornering on US Highway 40 in a growing area.
  • Transaction Type: Sale
  • Website: www.movewithus.us
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Interior Amenities: Windows Thermal
  • Living Area: 3584
  • Other Equipment: Not Applicable
  • Owner Pays: Insurance, Taxes
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3584
  • Main Level Sq Ft: 1792
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3584
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1792
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Block
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Gravel, Storage
  • Foundation Details: Slab
  • List Price: 219900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Baseboard, Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 321033336012000011
  • Acres: 1/2-1 Acre
  • Lot Information: Corner
  • Lot Number: 0
  • Lot Size: 13,939

Green Features

  • Green Certification Y N: 0

Rental Info

  • Lease Term: Negotiable
  • Tenant Pays: Insurance, All Utilities

Tax Info

  • Tax Annual Amount: 2614
  • Semi Annual Property Tax Amt: 1307
  • Tax Exemption: None

MLS Schools

  • School District: Plainfield Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Wood John D
Bought by
Girton Jennifer D and Wood James D
Current Estimated Value
$399,000

Purchase Details

Listed on
Jan 12, 2017
Closed on
Oct 12, 2017
Sold by
Kelly L
Bought by
Wood Llc
Seller's Agent
Anthony Marsiglio
RE/MAX Centerstone
Buyer's Agent
John Wood
John Wood
List Price
$239,900
Sold Price
$184,000
Premium/Discount to List
-$55,900
-23.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
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
Wood John D -- None Available
Wood Llc $184,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $184,000 -16.3% $51 / Sq Ft
07/14/2017 07/14/17 Price Changed $219,900 -6.4% $61 / Sq Ft
01/26/2017 01/26/17 Price Changed $234,900 -2.1% $66 / Sq Ft
01/12/2017 01/12/17 For Sale $239,900 -- $67 / 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 $480 $32,000 $32,000 $0
2023 $458 $30,100 $30,100 $0
2022 $465 $30,100 $30,100 $0
2021 $433 $28,400 $28,400 $0
2020 $439 $28,400 $28,400 $0
2019 $323 $21,100 $21,100 $0
2018 $335 $21,100 $21,100 $0
2017 $344 $20,300 $20,300 $0
2016 $343 $20,300 $20,300 $0
2014 $327 $18,100 $18,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21460151

MIBOR Broker Listing Cooperative®

APN: 32-10-33-336-012.000-011