NOT LISTED FOR SALE

9 E Locust St Chrisney, IN 47611

Estimated Value: $105,000 - $187,000

4 Beds
2 Baths
1,440 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $50,000 $35 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $887/month

502 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2017

Duplex located on corner lot in Chrisney. Both Apartments currently rented and kitchen appliances are included. Excellant income property

Last Agent to Sell the Property

Don Schulte

Key Associates of Rockport IN Listed on: 05/04/2016

Last Buyer's Agent

Don Schulte

Key Associates of Rockport IN Listed on: 05/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1974

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Block Basement Construction
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Chrisney Elementary School
  • Heritage Hills Middle School
  • Heritage Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • Assessor Parcel Number 74-11-12-202-049.000-007

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $900
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1974
  • Age: 43
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Orig Lot 19 and Orig Pt Lot 66 |
  • Parcel Number ID: 74-11-12-202-049.000-007
  • Platted: Yes
  • Amenities: Ceiling Fan, Eat-In Kitchen, Water Heater Gas
  • Location: City/Town/Suburb
  • Parcel Id2: 741112202050000007
  • Sp Lp Percent: 86.96
  • Monthly Gross Income: 825
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 34.72
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 2

Schools

  • School District: North Spencer County School Corp.
  • Elementary School: Chrisney
  • Middle School: Heritage Hills
  • High School: Heritage Hills
  • Elementary School: Chrisney

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: .15
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 820

MLS Schools

  • High School: Heritage Hills
  • Middle School: Heritage Hills
  • School District: North Spencer County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Dec 6, 2017
Sold by
Hardy Yvonne C
Bought by
Knight Robert
Seller's Agent
Don Schulte
Key Associates of Rockport IN
Buyer's Agent
Don Schulte
Key Associates of Rockport IN
List Price
$64,500
Sold Price
$50,000
Premium/Discount to List
-$14,500
-22.48%
Current Estimated Value
$143,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,482
Avg. Annual Appreciation
12.56%
Original Mortgage
$42,500
Outstanding Balance
$25,516
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$98,641

Purchase Details

Closed on
Jul 29, 2009
Sold by
Deller Gregory J and Deller Leah
Bought by
Hardy Yvonne C
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
Knight Robert -- None Available
Hardy Yvonne C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Robert $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $50,000 -22.5% $35 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
05/04/2016 05/04/16 For Sale $64,500 -- $45 / 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 $1,226 $61,300 $2,600 $58,700
2023 $1,192 $59,600 $2,600 $57,000
2022 $1,010 $54,800 $2,600 $52,200
2021 $1,006 $50,300 $2,600 $47,700
2020 $1,004 $50,200 $2,600 $47,600
2019 $944 $47,200 $2,600 $44,600
2018 $944 $47,200 $2,600 $44,600
2017 $933 $46,700 $2,600 $44,100
2016 $802 $45,100 $2,600 $42,500
2014 $936 $46,800 $2,600 $44,200
2013 $936 $45,600 $2,600 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201619906

Indiana Regional MLS

APN: 74-11-12-202-049.000-007