112 East Locust Street

Shelbyville, IN 46176

$630,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

(3) buildings totaling (6) two bed units. Units averaging $920 per unit per month. All single story. All brick. Duplex Row style. According to assessor records units are respectively 832 square feet and 858 square feet. Buyer will need to get their own insurance quote as this asset is held in a portfolio of assets under an umbrella policy. Profit and Loss will not have an insurance amount in expenses. Drive by Only.(3) buildings totaling (6) two bed units. Units averaging $920 per unit per month. All single story. All brick. Duplex Row style. According to assessor records units are respectively 832 square feet and 858 square feet. Buyer will need to get their own insurance quote as this asset is held in a portfolio of assets under an umbrella policy. Profit and Loss will not have an insurance amount in expenses. Drive by Only.
  1. Listed by Hector David Orton • BAFO

Property Details for 112 East Locust Street

Architectural Style
Ranch
Subdivision Name
NO SUBDIVISION
Township
Addison

Location

Listing Courtesy of BAFO
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LISTING UPDATED: 08/02/2022 12:12 AM

Property Details for 112 East Locust Street

StatusActive
MLS #21873658
Days on Market642
Taxes$1,853 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1970
Lot Size0.41 AC / 17,859 SF
CountyShelby County

Location

Listing Courtesy of BAFO
Add your commute

Building Information for 112 East Locust Street

Stories-Residences6Year Built1970Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$3,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,438

Property Taxes

$309

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 112 East Locust Street

Summary
Location and General Information
  • City: Shelbyville
  • County Or Parish: Shelby
  • Directions: From South Harrison Street and Locust Intersection head east on Locust past South Pike Street and before Center Street
  • Postal Code: 46176
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 73-11-05-100-593.000-002
  • Semi Annual Property Tax Amt: 1853
  • Tax Exemption: None
  • Tax Year: 2022
School Information
  • School District: Shelbyville Central
Owner
  • Owner Pays: NotApplic
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Building Area Source: Assessor
  • Building Information: Other
  • Lot Description: Access Alley, Access Street
  • Lot Number: 0
  • Lot Size: 133014
  • MLS: MIBOR
  • Sqft Total: 0.0
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1970
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: Not Applicable
  • Inspection Warranties: Other
  • Legal Subdivision: MGM PIKE LOTS 15-16-17-18 MA ROB CENTER LOT 8 & 9 - 12 E LOCUST ST & 615 CENTER ST CONTRACT - CHRISTIAN INVESTMENT LLC 11/28/2017
  • Photos Count: 13
  • Property Sub Type: Commercial Units - 5+
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Other
  • Solid Waste: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Levels: One
  • Laundry: Other
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: 23979
  • Gross Operating Income: 66240
  • Net Operating Income: $42,261.00
Unit 1
  • Unit Kitchen: 11x12
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 10x12
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 5
  • Unit Num of Units: 6
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 858
  • Unit Utilities: Other
Rental
Rental Information
  • Tenant Pays: NotApplic

Property History for 112 East Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 112 East Locust Street

Taxable ValueLand$20,700Additions$201,600Total$222,300
Tax Record2023$4,446 ($370 / month)
Home Facts
Beds2Baths3Total Finished SqFt858 SqFtAbove Grade Finished SqFt858 SqFtStories1Lot Size17,934 SqFtStyleCondominiumYear Built1970CountySHELBYAPN73-11-05-100-593.000-002

Schools near 112 East Locust Street

This home is within Shelbyville Central Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
William F Loper Elementary School
PublicK to 5

Shelbyville Middle School
Public6 to 8

Shelbyville Sr High School
Public9 to 12

St Joseph School
PrivatePK to 5

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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112 East Locust Street is a multi-family home for sale in Shelbyville, IN 46176. This property was listed for sale on July 26, 2022 by BAFO, it's currently listed at $630,000. It has been on the market for a total of 642 days and was last sold on January 22, 2021. This listing's school district is Shelbyville Central Schools. Nearby schools include William F Loper Elementary School, Shelbyville Middle School and Shelbyville Sr High School. 112 East Locust Street is a 0-bed, 0-bath, multi-family home built in 1970.

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 BAFO

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.