102-112 West Main Street

Thorntown, IN 46071

$380,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to own a 9-unit building in growing Boone County with tons of history! All units are currently rented except 2 with plenty of value-add opportunity. With a new roof in the last 3 years and several updated units, this property is hard to beat for this price! Check it out today before it is too late.Great opportunity to own a 9-unit building in growing Boone County with tons of history! All units are currently rented except 2 with plenty of value-add opportunity. With a new roof in the last 3 years and several updated units, this property is hard to beat for this price! Check it out today before it is too late.
  1. Listed by Maxwell Richter • Wilmoth Group • maxr@wilmothgroup.com

Property Details for 102-112 West Main Street

Architectural Style
Multi-Level
Subdivision Name
SUBDIVISION NOT AVAILABLE See Legal
Township
Sugar Creek
Zoning
Z001

Location

Listing Courtesy of Wilmoth Group
Add your commute
LISTING UPDATED: 01/03/2023 01:55 PM

Property Details for 102-112 West Main Street

StatusActive
MLS #21891005
Days on Market546
Taxes$1,578 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1874
Lot Size0.07 AC / 3,179 SF
CountyBoone County

Location

Listing Courtesy of Wilmoth Group
Add your commute

Building Information for 102-112 West Main Street

Stories-Residences9Year Built1874Building Size-Lot Size0.07 AC / 3,179 SF

Payment Calculator

$2,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,074

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102-112 West Main Street

Summary
Location and General Information
  • City: Thorntown
  • County Or Parish: Boone
  • Directions: SR47 to Center of Thorntown. Apartment Buildings are on the North side of Main/47.
  • Driveway Type: Ramp>5mi
  • Postal Code: 46071
  • REO Relocation: 0
  • Road Access: CityStreet
  • Road Frontage Type: HwyState
  • State Or Province: IN
Taxes and HOA Information
  • Multiple Tax ID: 061335000007093015
  • Parcel Number: 061335000007084015
  • Semi Annual Property Tax Amt: 1578
  • Tax Exemption: None
  • Tax Year: 2021
School Information
  • Schools: Thorntown Elementary
  • School District: Western Boone County
Owner
  • Owner Pays: Electricity, InsHazard, Insurance, Sewer, Water
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Area Source: Assessor
  • Building Information: Smoke Alarm
  • Lot Description: Access Alley, Access Street, Not In Subdivision
  • Lot Number: 1
  • Lot Size: 3,180
  • MLS: MIBOR
  • Possible Use: Apt<20
  • Sqft Total: 0.0
  • Structure Type: Apartment Building
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1874
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 1
  • Documents: None
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: OP THORNTOWN LOT 40 (40 X
  • Photos Count: 8
  • Property Attached: Yes
  • Property Sub Type: Commercial Units - 5+
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Electric,Sewer,Water,Cable Available
  • Operating Expense Includes: Insurance, Utilities
  • Solid Waste: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Block
Interior Features
  • Basement YN: Yes
  • Levels: Two
  • Laundry: Common
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: 9
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Gross Operating Income: 46496
  • Net Operating Income: $39,317.00
Unit 1
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 2
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 3
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Refrigrater,Washer
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 4
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Refrigrater,Washer
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 5
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd
Unit 6
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 7
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 2
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 400
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 8
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 3
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 400
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Unit 9
  • Unit Kitchen: 10x10
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 11x11
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 4
  • Unit Num of Units: 1
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 500
  • Unit Utilities: FuelElec,HeatBaseBd,HotWtrElec
Rental
Rental Information
  • Tenant Pays: Electricity, Insurance, All Utilities

Property History for 102-112 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 102-112 West Main 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.

Similar Homes

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102-112 West Main Street is a multi-family home for sale in Thorntown, IN 46071. This property was listed for sale on October 29, 2022 by Wilmoth Group, it's currently listed at $380,000. It has been on the market for a total of 546 days and was last sold on March 7, 2018. This listing's school district is Western Boone County Com Sch District. Nearby schools include Thorntown Elementary School, Western Boone Jr-Sr High School and Granville Wells Elementary School. 102-112 West Main Street is a 0-bed, 0-bath, multi-family home built in 1874.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wilmoth Group

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.