101-111 West Washington Street

Thorntown, IN 46071

$411,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Beautiful 6 plex in Thorntown. All are 2 bedrooms, 1 bath with eat in kitchens and a laundry appliance closet. Quiet area and units with an older demographic make up, and rents quickly. Separately metered, professionally managed by the same company for over 13 years. Long term ownership that is hands off. Some of the apartments that have turned over have new windows, kitchen sinks/counter tops, bathroom vanities, medicine cabinets, and carpeting. Units have either radiant heat or base board heat,...Beautiful 6 plex in Thorntown. All are 2 bedrooms, 1 bath with eat in kitchens and a laundry appliance closet. Quiet area and units with an older demographic make up, and rents quickly. Separately metered, professionally managed by the same company for over 13 years. Long term ownership that is hands off. Some of the apartments that have turned over have new windows, kitchen sinks/counter tops, bathroom vanities, medicine cabinets, and carpeting. Units have either radiant heat or base board heat, wall unit AC, all electric and utilities which are separately metered for the tenants to pay. All leases are 1 year leases with most tenants releasing. As is sale! Firm price. No showings without an accepted offer, proof of funds. View 3D tour.
  1. Listed by Lynn S. Fischer • Fischer & Associates, Inc.

Property Details for 101-111 West Washington Street

Architectural Style
TraditonalAmerican
Subdivision Name
HORNERS
Township
Sugar Creek
Zoning
Z001
LISTING UPDATED: 04/13/2021 07:56 PM

Property Details for 101-111 West Washington Street

StatusClosed
MLS #21740741
Days on Market49
Taxes$1,812 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1972
Lot Size0.23 AC / 9,888 SF
CountyBoone County

Building Information for 101-111 West Washington Street

Stories-Residences6Year Built1972Building Size-Lot Size0.23 AC / 9,888 SF

Property Information for 101-111 West Washington Street

Summary
Location and General Information
  • City: Thorntown
  • County Or Parish: Boone
  • Directions: SR 47 into Thorntown becomes Main St. Go south on S Market St, W on W Washington. Apartment complex is on the southwest corner of S Market and W Washington streets.
  • Postal Code: 46071
  • Postal Code Plus4: 1340
  • Road Access: Frontage Road,CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 060902000004011015
  • Semi Annual Property Tax Amt: 1812
  • Tax Exemption: None
  • Tax Year: 2019
Owner
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Area Source: Assessor
  • Building Information: Smoke Alarm
  • Current Use: Apt<20
  • Gross Area SQFT: 4640
  • Lot Number: 17
  • Lot Size: 9,888
  • Lot Size Acres: 0.227
  • MLS: MIBOR
  • New Construction: False
  • Possible Use: Apt<20, Residential
  • SqFt Main Upper: 0
  • Structure Type: Apartment Building,FreeStand
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1972
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: None
  • Inspection Warranties: Not Applicable
  • Investment: 1
  • Photos Count: 14
  • Property Attached: Yes
  • Property Sub Type: Commercial Units - 5+
  • Property Type: Residential Income
  • Road Surface Type: Asphalt, Concrete
  • SaleTerms: Conventnl
  • Supplement Count: 2
  • Transaction Type: Sale
  • Web Link: www.FischerandAssociates.biz
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Electric,Separate Electric Meter,Separate Sewer Meter,Sewer,Water,Cable Available,Municipal Sewer Connected,Municipal Water Connected
  • Operating Expense Includes: Insurance, Maintenance, Manager, PropTaxes, Repairs
  • Solid Waste: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Not Applicable
  • Foundation Details: Crawl Space
Interior Features
  • Levels: One
  • Laundry: Connections All
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 6
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 6744
  • Gross Operating Income: 41940
  • Gross Potential Income: 45060
  • Insurance Expenses: 1935
  • Net Operating Income: $35,796.00
Unit 1
  • Unit Kitchen: 13x11
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 13x11
  • Unit Miscellaneous: Eat In Kitchen,LndryConn,Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 5
  • Unit Num of Units: 3
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 690
  • Unit Utilities: ClWallUnit,FuelElec,HeatBaseBd,HeatRadint
Unit 2
  • Unit Kitchen: 13x11
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 13x11
  • Unit Miscellaneous: Eat In Kitchen,LndryConn
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 5
  • Unit Num of Units: 2
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 690
  • Unit Utilities: ClWallUnit,FuelElec,HeatBaseBd,HeatRadint,HotWtrPropane
Unit 3
  • Unit Kitchen: 10x12
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 13x11
  • Unit Miscellaneous: Eat In Kitchen,LndryConn,Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 3
  • Unit Num of Rooms: 5
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 690
  • Unit Utilities: ClWallUnit,HeatBaseBd,HeatRadint
Rental
Rental Information
  • Tenant Pays: Electricity, Insurance, Sewer, Trash Collection, Water

Property History for 101-111 West Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 101-111 West Washington Street

This home is within Western Boone County Com Sch District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Thorntown Elementary School
PublicPK to 6

Western Boone Jr-Sr High School
Public7 to 12

Granville Wells Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fischer & Associates, Inc.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.