K
Seller's Agent in 2022
Karen Young
Young-Kinney, LLC
Estimated Value: $500,000 - $782,000
2
Beds
1
Bath
750
Sq Ft
$879/Sq Ft
Est. Value
About This Home
As of June 2022Day Drive is a dedicated drive that facilitates 4 all brick structures, with a total of 9 units. This property does have deferred maintenance, but has nothing but upside! The lot is 5 acres, and there is room to build additional units. The property is corporate owned, and current ownership has completed numerous major projects, repairs, and replacements. The property has a new "whole property" drainage system, which will have a finish grade and seeding this spring, at the owner's cost. Mechanical and structural inspection has been completed, and is available. Please do not bother tenants; please respect their privacy. Seller will do no further repairs.
Last Agent to Sell the Property
Karen Young
Young-Kinney, LLC Listed on: 03/26/2022
Last Buyer's Agent
Hayley Wild
Compass Indiana, LLC
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 5 Acre Lot
Parking
- 8 Car Garage
- Gravel Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
Listing and Financial Details
- Tenant pays for cable TV, electricity, all utilities
- The owner pays for insurance, lawncare, taxes, trash collection, no utilities
- Assessor Parcel Number 481228400003000033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2022
Closed on
Jun 14, 2022
Sold by
Jon Rickey
Bought by
Marion Madison Investments Group Llc
Seller's Agent
Karen Young
Young-Kinney, LLC
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,352
Avg. Annual Appreciation
8.80%
Original Mortgage
$1,978,000
Outstanding Balance
$1,884,105
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$1,224,753
Purchase Details
Listed on
Mar 26, 2022
Closed on
Jun 3, 2022
Sold by
Bkr211235 Llc
Bought by
Rickey Jon
Seller's Agent
Karen Young
Young-Kinney, LLC
Buyer's Agent
Hayley Wild
Compass Indiana, LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,978,000
Outstanding Balance
$1,884,105
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$1,224,753
Purchase Details
Closed on
Nov 8, 2021
Sold by
Montalvo Sahar P
Bought by
Bkr211235 Llc
Purchase Details
Closed on
Jan 14, 2021
Sold by
North Gate Redevelopment Group Llc
Bought by
Montalvo Sahar P
Purchase Details
Listed on
May 10, 2019
Closed on
Nov 22, 2019
Sold by
Day Debra A
Bought by
North Gate Redev Group Llc
Seller's Agent
Stephen Horn
Town & Country Realty
Buyer's Agent
Katie Mellen
eXp Realty, LLC
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$315,000
Interest Rate
3.6%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marion Madison Investments Group Llc | -- | Rosenberg Lpa Llc | |
| Rickey Jon | -- | Investors Title | |
| Bkr211235 Llc | -- | Cohen Kc | |
| Montalvo Sahar P | -- | None Available | |
| North Gate Redev Group Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marion Madison Investments Group Llc | $1,978,000 | |
| Previous Owner | Rickey Jon | $482,000 | |
| Previous Owner | North Gate Redev Group Llc | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2022 06/03/22 | Sold | $500,000 | 0.0% | $667 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 04/09/2022 04/09/22 | Price Changed | $500,000 | -9.1% | $667 / Sq Ft |
| 03/26/2022 03/26/22 | For Sale | $550,000 | +22.2% | $733 / Sq Ft |
| 11/21/2019 11/21/19 | Sold | $450,000 | -10.0% | $600 / Sq Ft |
| 08/20/2019 08/20/19 | Pending | -- | -- | -- |
| 05/09/2019 05/09/19 | For Sale | $500,000 | -- | $667 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $14,643 | $658,900 | $71,700 | $587,200 |
| 2023 | $14,060 | $623,900 | $68,300 | $555,600 |
| 2022 | $13,438 | $595,100 | $65,000 | $530,100 |
| 2021 | $12,532 | $553,300 | $65,000 | $488,300 |
| 2020 | $12,310 | $541,900 | $61,900 | $480,000 |
| 2019 | $10,647 | $523,600 | $61,900 | $461,700 |
| 2018 | $7,685 | $360,000 | $26,100 | $333,900 |
| 2017 | $6,617 | $360,000 | $26,100 | $333,900 |
| 2016 | $6,658 | $360,000 | $26,100 | $333,900 |
| 2014 | $6,582 | $360,000 | $26,100 | $333,900 |
| 2013 | $6,582 | $360,000 | $26,100 | $333,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2022
Hayley Wild
Compass Indiana, LLC
-
Stephen Horn
S
Seller's Agent in 2019
Stephen Horn
Town & Country Realty
(765) 620-6285
5 in this area
23 Total Sales
-
K
Buyer's Agent in 2019
Katie Mellen
eXp Realty, LLC
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21844376
APN: 48-12-28-400-003.000-033
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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