$246,500
SOLD OCT 25, 2024

85 S Jefferson St New Pekin, IN 47165

7 Beds
4 Baths
2,880 Sq Ft
1.1 Acres

Recently Sold

$86 Per Sq Ft

12% Below List Price

73 Days on Market

Highlights

  • Deck
  • Breakfast Bar
  • Baseboard Heating
  • Corner Lot
  • Ceiling Fan

About This Home

As of October 2024

Are you ready to have that 4 plex that you always wanted cashflow from? 2 duplexes on 1.1 acre lot. Great location in southern Indiana 2 minutes off hwy 60. 3 two bedroom units and 1 one bedroom unit. All on separate electric meters. Lots of parking available! Flat open spacious yard for the tenants to enjoy or room to expand. City water and sewer plus being all electric makes these low maintenance for the owners. Lots of new items throughout all the apartments! Units 1, 3 and 4 are currently leased. Tenants in 3 and 4 are moving soon so you can put fresh tenants in your new cash flowing property right now and create your new passive income stream!

Last Agent to Sell the Property

Dustin Buetel

JPAR Aspire License #RB16001237 Listed on: 07/26/2024

JPAR Aspire

Last Buyer's Agent

Sherry Witten

Ward Realty Services License #RB21000220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,985

Year Built

  • Built in 1977

Lot Details

  • 1.1 Acre Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 881530000011000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,985

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Improvements: 214200
  • Annual Tax: 3985
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Land Assessment: 52400
  • Legal Description: New legal description with new survey
  • Parcel Number: 881530000011000016
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 266600
  • Total Finished Square Footage: 2880
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2880.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 7
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • Lot Sq Ft: 47916.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 2880
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck, Vinyl Siding

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.1000
  • Lot Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 25, 2024
Sold by
Dotson Roy and Dotson Lori Ann
Bought by
Whitesides Jon and Whitesides Elaine
Seller's Agent
Dustin Buetel
JPAR Aspire
Buyer's Agent
Sherry Witten
Ward Realty Services
List Price
$280,589
Sold Price
$246,500
Premium/Discount to List
-$34,089
-12.15%
Views
54
Current Estimated Value
$244,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,883
Avg. Annual Appreciation
-4.10%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $246,500 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $246,500 -5.2% $86 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $260,000 -7.3% $90 / Sq Ft
07/26/2024 07/26/24 For Sale $280,589 -- $97 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,888 $299,000 $52,400 $246,600
2023 $3,869 $286,000 $52,400 $233,600
2022 $3,985 $266,600 $52,400 $214,200
2021 $3,747 $251,200 $52,400 $198,800
2020 $3,776 $251,800 $52,400 $199,400
2019 $3,715 $249,800 $52,400 $197,400
2018 $3,391 $232,100 $36,400 $195,700
2017 $3,397 $240,000 $36,400 $203,600
2016 $3,078 $241,600 $36,400 $205,200
2014 $2,968 $219,500 $33,400 $186,100
2013 $3,184 $234,500 $33,400 $201,100
Source: Public Records

Agents Affiliated with this Home

  • Dustin Buetel

    Seller's Agent in 2024

    Dustin Buetel

    JPAR Aspire

    (812) 675-9784

    4 Total Sales

    Section Image
  • Sherry Witten

    Buyer's Agent in 2024

    Sherry Witten

    Ward Realty Services

    (812) 987-5595

    98 Total Sales

    Section Image
  • Jeremy Ward

    Buyer Co-Listing Agent in 2024

    Jeremy Ward

    Ward Realty Services

    (812) 987-4048

    1,255 Total Sales

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202409640

Southern Indiana REALTORS® Association

APN: 88-15-30-000-011.000-016

Indiana Washington County Pekin 47165

85 S Jefferson St, Pekin, IN

This home is located at 85 S Jefferson St, New Pekin, IN 47165 and is currently priced at $246,500, approximately $85 per square foot. This property was built in 1977. 85 S Jefferson St is a home located in Washington County with nearby schools including East Washington Elementary School, East Washington Middle School, and Eastern High 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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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