NOT LISTED FOR SALE

Estimated Value: $386,984 - $487,000

8 Beds
2 Baths
3,014 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $238,000 $79 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,760/month

31 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Enclosed Patio or Porch

About This Home

As of October 2018

Turn-key owner occupied or investor special! Don't miss this 2-3 bedroom 1st floor unit with 6-7 bedroom 2nd/3rd floor unit! Enormous income potential. Live on the 1st floor - let the upper unit pay the mortgage AND make a profit! Fully vacant and ready for you and your tenants! This property has been family owned for MANY years. Well maintained and ready for you to live out your real estate investment dreams! Each unit has their own laundry room/pantry. All new porches, new heating systems, new kitchens with granite. First floor features central air, hardwood floors, original oak trim and 2-3 bedroom potential. The upper unit features 6-7 bedroom potential, new bath. The possibility exists to convert the 3rd floor to an in-law apartment, as it has 2 egresses, or just keep the 3rd floor as part of the 2nd floor unit. Electric heat 3rd floor. The basement is clean and the 2 car garage w/electric adds to the rental income. Fenced yard w/patio is ready for your backyard fun!

Last Agent to Sell the Property

Alice Kempf

Kempf-Vanderburgh Realty Consultants, Inc. Listed on: 08/10/2018

Last Buyer's Agent

Kristin O Connor

HB Real Estate, LLC

HB Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Water Holding Tank
  • Water Heater Leased
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:02025 P:0025

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Insc: 1300
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 76.28
  • Comp Based On: Net Sale Price
  • Year Built: 1912
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1912

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 19
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: AN1090
  • Main So: AN1842
  • Estimated Sq Ft: 3014.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Patio, Fenced Yard
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Hot Water: Natural Gas, Tank, Leased Heater
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 160900.00
  • Acre: 0.11
  • Lot Size: 5001.00
  • Page: 75
  • Parcel Number: S:02025 P:0025
  • Zoning: R2
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 200
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3163.00
  • Assessor Parcel Number: 2575874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 12, 2018
Sold by
Kempf Ronald A and Kempf Alice
Bought by
Smith Adam A and Marichal Jennifer E
Seller's Agent
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
Buyer's Agent
Kristin O Connor
HB Real Estate, LLC
List Price
$239,900
Sold Price
$238,000
Premium/Discount to List
-$1,900
-0.79%
Current Estimated Value
$447,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,246
Avg. Annual Appreciation
9.06%
Original Mortgage
$233,689
Outstanding Balance
$204,866
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$242,380

Purchase Details

Closed on
Jun 13, 2008
Sold by
Gagnon William E
Bought by
Kempf Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,525
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1995
Sold by
Ryan Richard P and Ryan Margaret C
Bought by
Gagnon William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,867
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Adam A $238,000 --
Kempf Ronald A $167,250 --
Gagnon William E $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adam A $233,689
Previous Owner Gagnon William E $139,475
Previous Owner Kempf Ronald A $150,525
Previous Owner Gagnon William E $15,725
Previous Owner Gagnon William E $59,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $238,000 +3.5% $79 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $229,900 -4.2% $76 / Sq Ft
08/10/2018 08/10/18 For Sale $239,900 -- $80 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $5,322 $339,400 $36,800 $302,600
2024 $5,526 $344,100 $36,800 $307,300
2023 $4,823 $282,900 $35,100 $247,800
2022 $4,394 $233,500 $35,100 $198,400
2021 $4,451 $235,500 $31,900 $203,600
2020 $4,117 $210,800 $31,900 $178,900
2019 $3,186 $161,900 $31,900 $130,000
2018 $3,249 $165,100 $31,900 $133,200
2017 $3,163 $160,900 $31,900 $129,000
2016 $2,982 $151,700 $31,900 $119,800
2015 $2,754 $140,000 $31,900 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72377496

MLS Property Information Network (MLS PIN)

APN: SPRI-002025-000000-000025