$175,000
SOLD FEB 12, 2025

609 E Saint Louis St Knox, IN 46534

7 Beds
3 Baths
2,632 Sq Ft
0.5 Acres

Recently Sold

$66 Per Sq Ft

8% Below List Price

107 Days on Market

Highlights

  • 0.5 Acre Lot
  • Porch
  • Carpet
  • Corner Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of February 2025

INVESTMENT PROPERTY 3 SINGLE FAMILY HOMES - All currently leased and on the same lot. Newer flooring and windows in two of the units. Sale includes two 2BR homes and one 3br home. Fenced yards and located on a quiet street.

Last Agent to Sell the Property

Jason Wampler

RE/MAX 1ST CHOICE REALTORS Listed on: 10/04/2024

RE/MAX 1ST CHOICE REALTORS

Last Buyer's Agent

John Wampler

RE/MAX 1ST CHOICE REALTORS

RE/MAX 1ST CHOICE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1954

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 73' x 297'
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Knox Elementary And Middle School
  • Knox High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for heating, sewer, water
  • The owner pays for maintenance
  • Assessor Parcel Number 75-06-23-302-027.000-004

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,161

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1954
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Uncaphers #1 E 1/2 Lot 41.
  • Parcel Number ID: 75-06-23-302-027.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Porch Open, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Rural
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 2632
  • Total Finished Sq Ft: 2632
  • Above Grade Finished Sq Ft: 2632
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Partial, Chain Link
  • Stories: 1

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Mediacom
  • Annual Maintenance Expense: 1000
  • Number Of W D Hookups: 3

Schools

  • Elementary School: Knox

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 73' X 297'
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance
  • Tenant Pays: Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 2161

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Knox
  • Middle School: Knox
  • School District: Knox Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Feb 12, 2025
Sold by
Andrew J Spite Revocable Trust
Bought by
Rice Skyler P and Rice Ashley C
Seller's Agent
Jason Wampler
RE/MAX 1ST CHOICE REALTORS
Buyer's Agent
John Wampler
RE/MAX 1ST CHOICE REALTORS
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
530
Current Estimated Value
$189,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,107
Avg. Annual Appreciation
9.21%
Original Mortgage
$137,500
Outstanding Balance
$135,782
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$53,325

Purchase Details

Closed on
Aug 30, 2018
Sold by
Marsha Boggs
Bought by
Spite Trust
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $104,000 --
Warranty Deed -- Mckesson Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $175,000 -7.8% $66 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $189,900 -- $72 / Sq Ft
Source: Indiana Regional MLS

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 $2,141 $103,700 $9,800 $93,900
2023 $2,161 $104,700 $8,900 $95,800
2022 $1,855 $92,700 $8,600 $84,100
2021 $1,615 $80,700 $8,500 $72,200
2020 $1,560 $74,600 $8,200 $66,400
2019 $1,507 $72,300 $8,200 $64,100
2018 $1,441 $69,000 $7,800 $61,200
2017 $1,443 $69,100 $7,800 $61,300
2016 $1,439 $68,900 $7,800 $61,100
2014 $1,455 $72,700 $7,800 $64,900
2013 $1,443 $72,100 $7,800 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202438611

Indiana Regional MLS

APN: 75-06-23-302-027.000-004