NOT LISTED FOR SALE

Estimated Value: $247,000 - $383,000

-- Bed
-- Bath
2,407 Sq Ft
$133/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $252,000 $105 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,941/month

141 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of April 2022

Investment opportunity in Shelbyville! This property is set up with 4 separate rental units. Three of them are currently rented and the fourth,which is an efficiency, has just been finished and is ready to be rented for the first time. The largest,which is 3 bedroom 1 and a half bath,rents for $950. The 1 bedroom 1 bath rents for $575. The upstairs efficiency brings in $495. And the brand new efficiency should rent for $500. Lots of parking.

Last Agent to Sell the Property

Brett Moffett

Weichert Realtors - ABG License #218937 Listed on: 02/24/2022

Weichert Realtors - ABG

Last Buyer's Agent

Brett Moffett

Semonin REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1980

Lot Details

  • 0.53

Home Design

  • 2,407 Sq Ft Home
  • Quadruplex
  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hazel Lawn Subdivision

Listing and Financial Details

  • Tenant pays for water, sewer, gas, electric, cable
  • Legal Lot and Block 08 / 511
  • Assessor Parcel Number 511-08-024
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,051

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Quadplex
  • Property Type: MultiFamily
  • Subdivision Name: HAZEL LAWN
  • Above Grade Finished Sq Ft: 2407.0
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Frame, Vinyl Siding, Brick
  • Exterior Features: None
  • Construction:Brick3: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 8.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Heating: Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 511-08-024

Rental Info

  • Tenant Pays: Water, Sewer, Gas, Electric, Cable

Building Info

  • Year Built: 1980

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 511
  • Tax Lot: 08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2021
Sold by
Roach Robert E and Roach Carol
Bought by
Capital City Residences Llc
Current Estimated Value
$319,088

Purchase Details

Closed on
Jan 1, 2020
Sold by
Roach Robert E and Roach Carol
Bought by
Rocket Rentals Llc

Purchase Details

Listed on
Mar 17, 2011
Closed on
Jan 6, 2012
Sold by
Mengert Gerald A and Mengert Dennis
Bought by
A & W Investors Llc
Seller's Agent
Kristian Ruble
RE/MAX Performance Realty
Buyer's Agent
Kristian Ruble
RE/MAX Performance Realty
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
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
Capital City Residences Llc -- None Listed On Document
Rocket Rentals Llc -- None Available
A & W Investors Llc $90,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 Sold $252,000 -1.1% $105 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $254,900 +1.2% $106 / Sq Ft
11/04/2021 11/04/21 Off Market $252,000 -- --
10/27/2021 10/27/21 Price Changed $254,900 -8.6% $106 / Sq Ft
10/14/2021 10/14/21 For Sale $279,000 +74.4% $116 / Sq Ft
10/03/2018 10/03/18 Sold $160,000 -8.6% $66 / Sq Ft View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
06/07/2017 06/07/17 For Sale $175,000 +94.4% $73 / Sq Ft
01/06/2012 01/06/12 Sold $90,000 -30.7% $34 / Sq Ft View Prior Sale
12/12/2011 12/12/11 Pending -- -- --
03/14/2011 03/14/11 For Sale $129,900 -- $49 / Sq Ft
Source: Metro Search, Inc.

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 $3,051 $252,000 $0 $0
2023 $3,091 $252,000 $0 $0
2022 $2,041 $160,000 $0 $0
2021 $1,945 $160,000 $0 $0
2020 $1,950 $160,000 $0 $0
2019 $1,950 $160,000 $15,000 $145,000
2018 $1,072 $90,000 $15,000 $75,000
2017 $1,074 $90,000 $0 $0
2016 $1,065 $90,000 $0 $0
2015 $1,166 $90,000 $15,000 $75,000
2014 $1,166 $90,000 $15,000 $75,000
2013 $1,166 $90,000 $15,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Source: Metro Search, Inc.

MLS Number: 1598579

Metro Search, Inc.

APN: S11-08-024