NOT LISTED FOR SALE

70, 80, & 90 Fairview Dr Bicknell, IN 47512

33 Beds
24 Baths
20,256 Sq Ft
1.59 Acres

Last Sold March 22, 2022

Last sale price $825,000 $41 Per Sq Ft

105 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet

About This Home

As of March 2022

24 Unit apartment complex consisting of 9-1 bedroom units, 15-2 bedroom apartments. Paved parking lot, on site laundry area with coin machines with ave. monthly revenue of $300.00 a month. Tenant pays electric, landlord pays for water. 1 year lease with mo. to mo. to follow after the completion of the first year. For rent roll information see associated docs.

Last Listed By

Heath Klein

KLEIN RLTY&AUCTION, INC. Listed on: 09/21/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,369

Year Built

  • Built in 1977

Lot Details

  • 1.59 Acre Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 20,256 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 24 Full Bathrooms

Parking

  • 36 Parking Spaces
  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • North Knox Elementary And Middle School
  • North Knox High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Outbuilding
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, maintenance, parking, snow removal, trash collection, water
  • Assessor Parcel Number 42-08-17-101-011.000-019

Community Details

Overview

  • 3 Buildings
  • 24 Units

Pet Policy

  • Pet Restriction

Building Details

  • 24 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,740
  • Insurance Expense $1,980
  • Trash Expense $2,040
  • Water Sewer Expense $11,100

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,369

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1977
  • Age: 45
  • Style: Two Story
  • Bedrooms: 33
  • Number Above Grade Bedrooms: 33
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: PT SE 1/4 NE 1/4 17-4-8
  • Parcel Number ID: 42-08-17-101-011.000-019
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.29
  • Monthly Gross Income: 12675
  • Year Taxes Payable: 11,369
  • Special Features: None

Interior Features

  • Total Sq Ft: 20256
  • Total Finished Sq Ft: 20256
  • Above Grade Finished Sq Ft: 20256
  • Price Per Sq Ft: 40.73
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 24

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 500

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 36
  • Parking: Lot, Paved

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Bicknell Water Utilities
  • Annual Electric: 1740
  • Annual Insurance Expense: 1980
  • Annual Trash Expense: 2040
  • Annual Water Sewer Expense: 11100
  • Number Electric Meters: 24
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: North Knox S.D.
  • Elementary School: North Knox
  • Middle School: North Knox
  • High School: North Knox
  • Elementary School: North Knox

Lot Info

  • Lot Description: Level, Slope, 0-2.9999
  • Lot Dimensions: Irregualar
  • Estimated Lot Sq Ft: 69260
  • Estimated Lot Size Acres: 1.59

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Parking, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 12675
  • Number Of Dryers: 2
  • Number Of Refrigerators: 24
  • Number Of Units: 24
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 15
  • Num Of2 Bedrooms: 9
  • Num Of Units Rented: 24

Tax Info

  • Annual Property Tax: 11369

MLS Schools

  • High School: North Knox
  • Middle School: North Knox
  • School District: North Knox S.D.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $825,000 -5.7% $41 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $875,000 -- $43 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202139649

Indiana Regional MLS