NOT LISTED FOR SALE

640 E Seminary St Greencastle, IN 46135

Estimated Value: $297,000 - $414,000

6 Beds
6 Baths
4,528 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $250,000 $55 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,206/month

238 Days on Market

About This Home

As of June 2022

Take a look at this wonderful investment opportunity located in Greencastle’s Historical District! What was once a sorority building has now been remodeled into a six unit apartment building located near DePauw University and downtown Greencastle’s shopping and restaurants. Three of this buildings charming apartment units have recently been remodeled, while the more original units still show unique character and appeal. This building holds a ton of potential with its vaulted ceilings, spacious units and historic disposition. Come check it out!

Last Agent to Sell the Property

Tyler Cox

RE/MAX Cornerstone Listed on: 07/05/2021

RE/MAX Cornerstone

Co-Listed By

Sahara Noll

RE/MAX Cornerstone

Last Buyer's Agent

Tyler Cox

RE/MAX Cornerstone Listed on: 07/05/2021

RE/MAX Cornerstone

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,338

Year Built

  • Built in 1900

Lot Details

  • 0.75

Home Design

  • Victorian Architecture
  • Cement Siding

Additional Features

  • 3-Story Property
  • 0.75 Acre Lot
  • Basement

Community Details

  • East Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for inshazard, insurance, lawncare, taxes, sewer, trash collection, water
  • Assessor Parcel Number 670921104036000008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,338

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Commercial Units - 5+
  • Architectural Style: Victorian
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Co List Office Phone: 765-653-7070
  • Lot Size Acres: 0.752
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Apartment Building
  • Subdivision Name: EAST
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 6
  • Conversion: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Not Applicable
  • List Price: 315000
  • Road Access: CityStreet

Garage/Parking

  • Unit Parking: On Street,2 Car Space,Unpaved

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 500

Lot Info

  • Current Use: Apt>20
  • Parcel Number: 670921104036000008
  • Acres: 1/2-1 Acre
  • Lot Information: Access Street,Sidewalks
  • Lot Number: 68-69
  • Lot Size: 32735

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Net Operating Income: 1850
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3338
  • Semi Annual Property Tax Amt: 1669
  • Tax Exemption: None

MLS Schools

  • School District: Greencastle Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Jun 10, 2022
Sold by
640 Seminary Llc
Bought by
Hurley Bret and Hurley Deborah
Seller's Agent
Tyler Cox
RE/MAX Cornerstone
Buyer's Agent
Tyler Cox
RE/MAX Cornerstone
Sold Price
$250,000
Current Estimated Value
$339,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,137
Avg. Annual Appreciation
9.53%
Original Mortgage
$400,000
Outstanding Balance
$359,289
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$20,152

Purchase Details

Listed on
May 3, 2018
Closed on
Sep 13, 2018
Sold by
Branagin Laura E
Bought by
640 Seminary Llc
Seller's Agent
Clint Cooper
The Stewart Home Group
Buyer's Agent
Sahara Noll
RE/MAX Cornerstone
List Price
$169,900
Sold Price
$149,000
Premium/Discount to List
-$20,900
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%

Purchase Details

Closed on
Oct 13, 2015
Sold by
Schimpf Michael and Schimpf Kari A
Bought by
Branagin Laura E

Purchase Details

Closed on
Jul 28, 2005
Sold by
Fontaine Louis J
Bought by
Schimpf Michael and Schimpf Kari A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Hurley Bret $250,000 None Listed On Document
640 Seminary Llc -- Chicago Title
Branagin Laura E $139,900 --
Schimpf Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Bret $400,000
Previous Owner Schimpf Michael $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $250,000 0.0% $55 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
01/06/2022 01/06/22 For Sale -- -- --
01/01/2022 01/01/22 Off Market $250,000 -- --
07/05/2021 07/05/21 For Sale $375,000 +151.7% $83 / Sq Ft
09/14/2018 09/14/18 Sold $149,000 -12.3% $33 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $169,900 0.0% $38 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $169,900 -- $38 / 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 $4,952 $247,600 $44,800 $202,800
2023 $3,998 $199,900 $29,200 $170,700
2022 $2,676 $133,800 $29,200 $104,600
2021 $2,494 $124,700 $29,200 $95,500
2020 $2,494 $124,700 $29,200 $95,500
2019 $2,494 $124,700 $29,200 $95,500
2018 $3,510 $132,500 $38,900 $93,600
2017 $3,340 $130,600 $38,900 $91,700
2016 $2,562 $125,100 $38,900 $86,200
2014 $2,641 $130,200 $38,900 $91,300
2013 $2,641 $134,800 $38,900 $95,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tyler Cox

    RE/MAX

    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Sahara Noll

    RE/MAX

    Section Image
  • Clint Cooper

    Seller's Agent in 2018

    Clint Cooper

    The Stewart Home Group

    (765) 721-6584

    29 in this area

    74 Total Sales

    Clint Cooper
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21796145

MIBOR Broker Listing Cooperative®

APN: 67-09-21-104-036.000-008

Indiana Putnam County Greencastle 46135

640 E Seminary St, Greencastle, IN

This home is located at 640 E Seminary St, Greencastle, IN 46135 since 05 July 2021 and is currently estimated at $339,137, approximately $74 per square foot. This property was built in 1900. 640 E Seminary St is a home located in Putnam County with nearby schools including Greencastle Senior High School and Peace Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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