Sold
Last Sold Price
21 beds14,238 sqft
117 S Broadway St, Butler, IN 46721
Multi FamilyProperty Type
0.13 acresLot Size
1900Year Built
$22/sq ftPrice per sq ft

Description

21 apartments, some are efficiencies, with onsite parking for tenants (nice spacious back yard). Spacious lobby with office. Basement has potential to be rented out for storage units. Rent includes all utilities. Waste pick up is a dumpster. Most tenants pay by the week, but some pay by the month. When all apartments are rented, the income is over $2400 a week. Monthly expenses average around $3939 a month with room to bring them down.21 apartments, some are efficiencies, with onsite parking for tenants (nice spacious back yard). Spacious lobby with office. Basement has potential to be rented out for storage units. Rent includes all utilities. Waste pick up is a dumpster. Most tenants pay by the week, but some pay by the month. When all apartments are rented, the income is over $2400 a week. Monthly expenses average around $3939 a month with room to bring them down.
  • Listed by: Christy Thomson • RE/MAX Results - Angola office
Listing closed: 06/21/2022 12:00 AM • Source: Indiana Regional MLS, MLS#: 202214881

Recent comparable sales

Median sold price

$296,700

Avg days on market

20

Sale-to-list ratio

99.6%

Butler, IN

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Results - Angola office

Sold By BND Property Management

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Property Information for 117 South Broadway Street

Property Details
  • Taxes: $384 / year
  • MLS Type: Multi Family / Apartment Building
  • Style: Three Story
  • Subdivision: None
  • Waterfront: No
  • Pet Restrictions: Yes
Building Information
  • Building/Complex: 117 S Broadway St
  • Stories: 3
  • Residences: 21
  • Year Built: 1900
Summary
Location and General Information
  • Area: Dekalb County
  • City: Butler
  • Zip Code: 46721
  • State: IN
  • Township: Wilmington
  • Road Access: City
  • Fips Code: 18033
  • Directions To Property: Turn South off of US 6 to Broadway, Property is on East Side of the street.
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2021/2022
  • Parcel Number Id: 17-07-12-101-005.000-027
School Information
  • School District: Dekalb Co. Eastern
  • Elementary: Butler
  • Middle School: Eastside
  • High School: Eastside
Parking
  • Number Of Parking Spaces: 0
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.13
  • Lot Dimensions: 44x132
  • Below Grade Unfin Sqft: 4746.0
  • Total Square Feet: 18984.0
  • Approx Lot Size Sqft: 5663.0
  • Above Grade Finished Sqft: 14238.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 4746.0
  • Total Finished Sqft: 14238.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level, 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 122
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement
  • Exterior: Block
  • Fence: None
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement Material: Block
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: None
  • Flooring: Mixed
  • Heating/Fuel: Hot Water
  • Stories: 3
  • Number of Above Grade Bedrooms: 21
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 21
  • Total Number of Full Baths: 11
  • Total Number of Half Baths: 1
  • Total Baths: 12
  • Number Total Rooms Below Grade: 8
  • Num Of 1 Bedrooms: 16
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 5
  • Num of Units Rented: 18
  • Number of Units: 21
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $126,012
  • Annual Insurance Expense: $660
  • Annual Maint. Expense: $35,148
  • Annual Misc: $2,568
  • Annual Net Income: $30,408
  • Annual Property Tax: $384
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $56,844
  • Gross Monthly Income: $10,501
  • Gross Monthly Rent: $10,501
Rental
Rental Information
  • Lease Term: Negotiable, Week to Week
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Water
  • Tenant Pays: Other

Property History for 117 South Broadway Street

DateEvent & SourcePriceAppreciation
Jun 21, 2022

Sold

Indiana Regional MLS #202214881

$320,000
May 18, 2022

Pending

Indiana Regional MLS #202214881

Apr 26, 2022

Listed (Active)

Indiana Regional MLS #202214881

$389,900
DateEvent & SourcePrice
06/21/2022

Sold

Indiana Regional MLS #202214881

$320,000
05/18/2022

Pending

Indiana Regional MLS #202214881

04/26/2022

Listed (Active)

Indiana Regional MLS #202214881

$389,900

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

Public Records for 117 South Broadway Street

Taxable ValueLand$13,100Additions$411,400Total$424,500
Tax Record2025$7,399 ($617 / month)
Home Facts
Total Finished SqFt18,984 SqFtAbove Grade Finished SqFt18,984 SqFtStories4Lot Size5,793 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1960CountyDEKALBAPN17-07-12-101-005.000-027

Schools near 117 South Broadway Street

This home is within Dekalb County Eastern Com Sch District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 6
Public - PK to 12
Rating
School
Distance
Butler Elementary School
PublicK to 6

Eastside Junior-Senior High School
Public7 to 12

Riverdale Elementary School
PublicK 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 117 South Broadway Street, Butler, IN 46721
$320,000
21
14,238
5,663
5,280
2,919
1,080
1,742
$127,000
3
2,660
2,875
2,919
1,307
4,784
2,657

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results - Angola office

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.