NOT LISTED FOR SALE

630 S 7th St Unit 630, 632 & 634 (3 un Mitchell, IN 47446

Estimated Value: $141,000 - $195,000

6 Beds
3 Baths
2,048 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $103,000 $50 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,224/month

88 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Carpet
  • Laundry in Utility Room
  • Level Lot
  • 1-Story Property

About This Home

As of October 2019

This investment property is a 3 unit dwelling. Each unit has 2 Bedrooms, 1 bath, washer/dryer hookups, central air and each has its own utilities. One-level brick Triplex with parking in front. Nice back yard in back.

Last Listed By

Tonya Millis

Suddarth & Company Listed on: 06/28/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 2002

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Level Lot

Home Design

  • Triplex
  • Composite Building Materials
  • Vinyl Construction Material

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, electric, water
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 47-14-01-210-056.000-005

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 2002
  • Age: 17
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Tol Sub W cent pt Lot 49 100X100
  • Parcel Number ID: 47-14-01-210-056.000-005
  • Platted: Yes
  • Amenities: Eat-In Kitchen
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 89.57
  • Monthly Gross Income: 1425
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2048
  • Total Finished Sq Ft: 2048
  • Above Grade Finished Sq Ft: 2048
  • Price Per Sq Ft: 50.29
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Composite
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: Mitchell Water
  • Annual Insurance Expense: 1100
  • Number Electric Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 3

Schools

  • School District: Mitchell Community Schools
  • Elementary School: Burris/Hatfield
  • Middle School: Mitchell
  • High School: Mitchell
  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100 x 100
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Electric, Water

Multi Family

  • Gross Monthly Rent: 1425
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2406

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Limestone Roots Llc
Bought by
Rasp Properties Llc
Total Days on Market
88
Current Estimated Value
$172,971

Purchase Details

Closed on
Jun 18, 2021
Sold by
Tl & J Enterprises Llc
Bought by
Limestone Roots Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,420
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Rasp Properties Llc $160,000 Classic Title Inc
Limestone Roots Llc $269,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Limestone Roots Llc $112,420
Previous Owner Tl & J Enterprises Llc $77,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2019 10/22/19 Sold $103,000 -10.4% $50 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $115,000 -- $56 / 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 $3,184 $156,200 $10,500 $145,700
2023 $3,010 $147,500 $10,100 $137,400
2022 $2,724 $136,200 $9,900 $126,300
2021 $2,510 $125,500 $9,600 $115,900
2020 $2,446 $122,300 $9,400 $112,900
2019 $2,378 $118,900 $9,100 $109,800
2018 $2,406 $120,300 $9,000 $111,300
2017 $2,384 $119,200 $8,800 $110,400
2016 $2,412 $120,600 $8,800 $111,800
2014 $2,400 $120,000 $8,900 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201927206

Indiana Regional MLS

APN: 47-14-01-210-056.000-005