NOT LISTED FOR SALE

8960 W State Road 56 French Lick, IN 47432

Estimated Value: $187,872 - $295,000

6 Beds
6 Baths
2,912 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $160,000 $55 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,749/month

44 Days on Market

Highlights

  • Covered Patio or Porch
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Excellent investment opportunity! Very nice 15 year old duplex. Both apartments are currently rented and 1456 sf. Each unit has 3 bedrooms and 1 and a half bathrooms, washer & dryer hook ups, central heat and air, laminant floors, front porch, rear deck, and off street parking. Additional vacant lot goes with the property.

Last Agent to Sell the Property

Anita Land

Brooks Galloway Real Estate Listed on: 07/05/2022

Co-Listed By

Brooks Galloway

BROOKS GALLOWAY APPRAISAL

Last Buyer's Agent

Seth Yates

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,285

Year Built

  • Built in 2007

Lot Details

  • 0.25 Acre Lot
  • Sloped Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Double Pane Windows
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Springs Valley Elementary And Middle School
  • Springs Valley High School

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 59-12-03-300-085.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,285

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Age: 15
  • Style: Attached
  • Architectural Style: Duplex
  • Total Number of Rooms: 10
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT NW SW 3 1N 2W, PT NE SE 4 1N 2W, HE WELLS PT 19, .133A and PT NW SW 3 1N 2W, PT NE SE 4 1N 2W, HE WELLS PT 19 .115A
  • Parcel Number ID: 59-12-03-300-085.000-002
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Parcel Id2: 59-12-03-300-085.001-002
  • Sp Lp Percent: 95.29
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2912
  • Total Finished Sq Ft: 2912
  • Above Grade Finished Sq Ft: 2912
  • Price Per Sq Ft: 54.95
  • Basement Foundation: Crawl
  • Flooring: Laminate
  • Living Great Room: Dimensions: 22x12, On Level: Main
  • Kitchen: Dimensions: 9x10, On Level: Main
  • Extra Room: Bedroom, Dimensions: 10x10, On Level: Upper
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x12, On Level: Upper
  • Bedroom 5: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1456
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete, Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx3, On Level: 5

Schools

  • School District: Springs Valley Community Schools
  • Elementary School: Springs Valley
  • Middle School: Springs Valley
  • High School: Springs Valley
  • Elementary School: Springs Valley

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 75X75 and 77x75
  • Estimated Lot Sq Ft: 11400
  • Estimated Lot Size Acres: 0.25

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 3284.58

MLS Schools

  • High School: Springs Valley
  • Middle School: Springs Valley
  • School District: Springs Valley Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Nov 4, 2022
Sold by
Lot 57 Llc
Bought by
Dca Construction Inc
Seller's Agent
Anita Land
Brooks Galloway Real Estate
Buyer's Agent
Seth Yates
Epique Realty
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Views
38
Current Estimated Value
$253,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,624
Avg. Annual Appreciation
2.77%
Original Mortgage
$0
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2022
Sold by
Lot 57 Llc
Bought by
Outward Bound Support Services Llc

Purchase Details

Closed on
Feb 24, 2006
Sold by
Cornwell Doyle M-Sheriff and Chism Betty G
Bought by
Lot 57 Llc
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 Buyer Sale Price Title Company
Dca Construction Inc -- --
Outward Bound Support Services Llc -- None Listed On Document
Lot 57 Llc $49,610 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dca Construction Inc $0
Previous Owner Lot 57 Llc $145,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $160,000 -4.7% $55 / Sq Ft
08/24/2022 08/24/22 Price Changed $167,900 -6.2% $58 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $179,000 0.0% $61 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $179,000 -- $61 / 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 $4,759 $236,000 $1,900 $234,100
2023 $4,578 $227,000 $1,900 $225,100
2022 $4,252 $212,600 $1,900 $210,700
2021 $3,254 $162,700 $6,100 $156,600
2020 $3,148 $155,900 $6,100 $149,800
2019 $3,179 $157,400 $6,100 $151,300
2018 $3,209 $158,900 $6,100 $152,800
2017 $3,060 $153,000 $6,100 $146,900
2016 $3,088 $154,400 $6,100 $148,300
2014 $3,238 $161,900 $13,000 $148,900
2013 $3,238 $162,300 $13,000 $149,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202228356

Indiana Regional MLS

APN: 59-12-03-300-085.000-002