NOT LISTED FOR SALE

614 Hanley St Plainfield, IN 46168

Estimated Value: $213,000 - $264,000

2 Beds
1 Bath
825 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $200,000 $242 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,504/month

2 Days on Market

About This Home

As of February 2023

Incredible location in Plainfield! This income-producing duplex offers 2 beds/1 bath per side. Live in one side- rent out the other to help pay for the mortgage, or add to your investment portfolio! Showings only allowed upon an accepted offer. Being sold AS-IS. Current leases in place.

Last Listed By

Kristina Musielak

@properties Brokerage Email: kristina@atpropertiesind.com License #RB18001938 Listed on: 01/12/2023

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance
  • Tax Lot 32-10-26-195-002.000-012
  • Assessor Parcel Number 321026195002000012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1971
  • Lot Size Acres: 0.22
  • On Market Date: 2023-01-11
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: kristina@atpropertiesind.com
  • Multi Rooms: 8
  • Attribution Contact: kristina@atpropertiesind.com
  • Special Features: None

Interior Features

  • Owner Pays: Insurance
  • Gross Area Sq Ft: 1650
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 250000
  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 100

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Apt<20, Residential
  • Lot Size Sq Ft: 9583
  • Parcel Number: 321026195002000012
  • Zoning: Residential
  • Price Acre: 909091

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1750
  • Insurance Expense: 100
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2430
  • Tax Lot: 32-10-26-195-002.000-012
  • Semi Annual Property Tax Amt: 1215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 17, 2023
Sold by
M/E Rental Properties Llc
Bought by
Dd & D Llc
Seller's Agent
Kristina Musielak
@properties
Buyer's Agent
Oluwaseun Adepeju
Zion Group REALTORS, LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Total Days on Market
2
Views
22
Current Estimated Value
$227,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,985
Avg. Annual Appreciation
4.91%
Original Mortgage
$150,000
Outstanding Balance
$93,192
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$129,816

Purchase Details

Closed on
Feb 9, 2021
Sold by
Me Renovations Llc
Bought by
Me Rental Properties Llc

Purchase Details

Closed on
Jan 4, 2021
Sold by
Brown Mark A
Bought by
Me Renovations Llc

Purchase Details

Closed on
Feb 21, 2008
Sold by
Plainfield Assembly Of God Inc
Bought by
Brown Mark A

Range of Values:

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Average Value
Not Available
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
Dd & D Llc $200,000 --
Me Rental Properties Llc -- Title Insurance
Me Renovations Llc $290,000 None Available
Brown Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dd & D Llc $150,000
Closed Me Holding Company Llc $50,000
Previous Owner Me Rental Properties Llc $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $200,000 -20.0% $242 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $250,000 -- $303 / 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 $7,170 $240,300 $32,700 $207,600
2023 $4,564 $229,000 $31,200 $197,800
2022 $2,428 $121,400 $16,500 $104,900
2021 $2,430 $121,500 $18,600 $102,900
2020 $2,430 $121,500 $18,900 $102,600
2019 $2,430 $121,500 $18,800 $102,700
2018 $2,342 $117,100 $18,500 $98,600
2017 $2,343 $117,100 $21,400 $95,700
2016 $2,343 $117,100 $20,900 $96,200
2014 $2,343 $117,100 $22,800 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21900383

MIBOR Broker Listing Cooperative®

APN: 32-10-26-195-002.000-012