NOT LISTED FOR SALE

8901 Surrey Dr Pendleton, IN 46064

Estimated Value: $260,000 - $510,000

2 Beds
1 Bath
955 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $245,000 $257 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,057/month

3 Days on Market

About This Home

As of June 2020

Great investment properties located in a popular Pendleton schools subdivision. These brick duplexes feature one car garages for each unit, washer and dry hookups and back patios. All kitchen appliances are included. Great rental history with renters from 1976, 1995, and 2005. All renters are currently month-to-month. Duplexes must be sold together as they share a well.
Duplex addresses are 8809, 8811, 8901, and 8903. 8903 is vacant and available to show anytime. All other units need 24 hour notice, however, all four floor plans are identical. New roof in 2017. Replaced concrete driveway with pavement in 2017. New windows in all units except front picture window in 2020.

Last Agent to Sell the Property

Michelle McNeil

Hometrail Realty LLC License #RB14052082 Listed on: 05/22/2020

Last Buyer's Agent

Michelle McNeil

Hometrail Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fiddlers Green Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection
  • The owner pays for electricity
  • Assessor Parcel Number 481413300092000012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,744

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1970
  • Lot Size Acres: 0.3423
  • Structure Type: Duplex
  • Subdivision Name: FIDDLERS GREEN
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment properties located in a popular Pendleton schools subdivision. These brick duplexes feature one car garages for each unit, washer and dry hookups and back patios. All kitchen appliances are included. Great rental history with renters from 1976, 1995, and 2005. All renters are currently month-to-month. Duplexes must be sold together as they share a well. Duplex addresses are 8809, 8811, 8901, and 8903. 8903 is vacant and available to show anytime. All other units need 24 hour notice, however, all four floor plans are identical. New roof in 2017. Replaced concrete driveway with pavement in 2017. New windows in all units except front picture window in 2020.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: Electricity
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Slab
  • List Price: 270000

Garage/Parking

  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 0

Lot Info

  • Parcel Number: 481413300092000012
  • Acres: 1/4-1/2 Acre
  • Lot Information: Rural In Subdivision,Tree Mature
  • Lot Number: 32
  • Lot Size: 14,911

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2744
  • Semi Annual Property Tax Amt: 1372
  • Tax Exemption: None

MLS Schools

  • School District: South Madison Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Jmce Group Llc
Bought by
Faust Howard E and Faust Laura A
Current Estimated Value
$342,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$216,088
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$126,011

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 26, 2020
Sold by
Pendan Properties Llc
Bought by
Waw Group Llc
Seller's Agent
Michelle McNeil
Hometrail Realty LLC
Buyer's Agent
Michelle McNeil
Hometrail Realty LLC
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
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
Faust Howard E -- Enterprise Title
Waw Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Howard E $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $245,000 -9.3% $257 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $270,000 -- $283 / 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 $2,921 $240,200 $25,900 $214,300
2023 $1,551 $122,000 $18,800 $103,200
2022 $2,405 $122,000 $17,800 $104,200
2021 $2,421 $122,000 $19,100 $102,900
2020 $2,440 $151,600 $22,300 $129,300
2019 $2,478 $123,900 $18,700 $105,200
2018 $2,745 $137,200 $22,200 $115,000
2017 $2,509 $125,400 $20,600 $104,800
2016 $2,509 $125,400 $20,600 $104,800
2014 $2,203 $110,100 $20,600 $89,500
2013 $2,203 $110,100 $20,600 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21711904

MIBOR Broker Listing Cooperative®

APN: 48-14-13-300-092.000-012