$69,000
SOLD NOV 20, 2024

58 W Franklin St Shelbyville, IN 46176

-- Bed
-- Bath
2,348 Sq Ft
4,455 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

6% Above List Price

3 Days on Market

About This Home

As of November 2024

Excellent Fixer Upper/Investor Opportunity with this convienently located Shelbyville Triplex! This 3 unit income potential property, is available to cash buyers and being sold As-Is. Appliances on site ARE included. Sellers have saved you time & money buy already handling the majority of demolition work, leaving you plenty of open ended options in adjusting floorplans and selecting final finishes. Laundry room is in the basement. (Previous owner had rented one of the units for $700/mo with tenant paying utilities) Approx 2348 sq ft total and it is up to buyer to verify. Buyers must be acccompanied by a licensed real estate agent to schedule/view property and Safety Waiver Acknowledgment is required prior entering the property.

Last Agent to Sell the Property

Veronica Ketron

BluPrint Real Estate Group Brokerage Email: veronicaketron2023@gmail.com License #RB15000170 Listed on: 10/23/2024

BluPrint Real Estate Group

Last Buyer's Agent

Daisy Rosales Vidal

F.C. Tucker/Sirkus-Allen

F.C. Tucker/Sirkus-Allen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 4,455 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Fixer Upper
  • Brick Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Laundry in Basement
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 730732300086000002
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1974
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 23000
  • MBR_AttributionContact: veronicaketron2023@gmail.com
  • Attribution Contact: veronicaketron2023@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Gross Area Sq Ft: 2348
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Brick, Crawl Space
  • List Price: 64900
  • Property Condition: Fixer
  • Waterfront: No
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Solid Waste: No

Fee Information

  • Expenses: 1

Lot Info

  • Lot Features: Corner Lot, Not In Subdivision, Sidewalks
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 4455
  • Parcel Number: 730732300086000002
  • Acres: <1/4 Acre
  • Price Acre: 690000

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2926
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 1463
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 16, 2024
Sold by
Kh & Bb Renovations Llc
Bought by
Abundant Evolution Llc
Seller's Agent
Veronica Ketron
BluPrint Real Estate Group
Buyer's Agent
Daisy Rosales Vidal
F.C. Tucker/Sirkus-Allen
List Price
$64,900
Sold Price
$69,000
Premium/Discount to List
$4,100
6.32%
Views
12
Current Estimated Value
$184,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,248
Avg. Annual Appreciation
533.44%
Original Mortgage
$121,500
Outstanding Balance
$120,938
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$112,395

Purchase Details

Listed on
Oct 23, 2024
Closed on
Sep 27, 2024
Sold by
Franco Bernardo
Bought by
Kh & Bb Renovations Llc
Seller's Agent
Veronica Ketron
BluPrint Real Estate Group
Buyer's Agent
Daisy Rosales Vidal
F.C. Tucker/Sirkus-Allen
List Price
$64,900
Sold Price
$69,000
Premium/Discount to List
$4,100
6.32%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Outstanding Balance
$120,938
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$112,395

Purchase Details

Listed on
Aug 12, 2024
Closed on
Aug 29, 2024
Sold by
58 W Franklin Street Trust and Smith Scott Royal
Bought by
Franco Bernardo
Seller's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
Buyer's Agent
Veronica Ketron
Hoosier, REALTORS®
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Views
25

Purchase Details

Closed on
Jan 17, 2020
Sold by
Milan Bernardo Franco and Franco Bernardo
Bought by
Smith Scott Royal and 58 W Franklin Street Trust

Purchase Details

Closed on
Jun 11, 2019
Sold by
B & K Properties Inc
Bought by
Franco Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
4.1%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $69,000 None Listed On Document
Warranty Deed $35,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $95,000 Investors Title Service Inc.
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,500 New Conventional
Closed $121,500 New Conventional
Previous Owner $71,250 New Conventional
Previous Owner $767,019 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $69,000 +6.3% $29 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $64,900 +85.4% $28 / Sq Ft
09/27/2024 09/27/24 Sold $35,000 -12.3% $15 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $39,900 0.0% $17 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $39,900 0.0% $17 / Sq Ft
04/22/2023 04/22/23 Rented $695 0.0% --
03/08/2023 03/08/23 For Rent $695 -- --
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 $2,926 $146,300 $7,900 $138,400
2023 $2,926 $146,300 $8,400 $137,900
2022 $2,496 $124,800 $7,500 $117,300
2021 $2,144 $107,200 $7,700 $99,500
2020 $2,340 $117,000 $10,100 $106,900
2019 $1,200 $60,000 $6,500 $53,500
2018 $1,200 $89,000 $10,400 $78,600
2017 $840 $82,000 $9,600 $72,400
2016 $1,734 $86,700 $10,400 $76,300
2014 $1,714 $85,700 $10,400 $75,300
2013 $1,714 $85,700 $10,400 $75,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22007340

MIBOR Broker Listing Cooperative®

APN: 73-07-32-300-086.000-002