116 Chestnut Street

Morristown, IN 46161

$840,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Total of (4) buildings on (4) parcels (1) parcel is vacant lot (see agent remarks). (1) building is a triplex (3) buildings are duplex style. All single story. All Brick. 117 Chestnut has (2) two bed units. The rest of the units are (7) one bed units. Drive by Only.Total of (4) buildings on (4) parcels (1) parcel is vacant lot (see agent remarks). (1) building is a triplex (3) buildings are duplex style. All single story. All Brick. 117 Chestnut has (2) two bed units. The rest of the units are (7) one bed units. Drive by Only.
  1. Listed by Hector David Orton • BAFO

Property Details for 116 Chestnut Street

Architectural Style
Colonial
Subdivision Name
NO SUBDIVISION
Township
Hanover

Location

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

Property Details for 116 Chestnut Street

StatusActive
MLS #21873596
Days on Market641
Taxes$2,965 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1981
Lot Size1.00 AC / 43,560 SF
CountyShelby County

Location

Listing Courtesy of BAFO
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Building Information for 116 Chestnut Street

Stories-Residences9Year Built1981Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$5,078 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,584

Property Taxes

$494

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 Chestnut Street

Summary
Location and General Information
  • City: Morristown
  • County Or Parish: Shelby
  • Directions: East on State Road 52 or Main Street to West Washington Road which changes to North Morristown Road to South Washington Street until you get to Chestnut Street go east to intersection of Midway St and Chestnut
  • Postal Code: 46161
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: Multiple Tax ID See Remarks
  • Semi Annual Property Tax Amt: 2965
  • Tax Exemption: None
  • Tax Year: 2022
School Information
  • School District: Shelby Eastern
Owner
  • Owner Pays: NotApplic
Property
Lot Information
  • Acreage: 1-3 Acres
  • Building Information: Other
  • Lot Description: Access Street
  • Lot Number: 50
  • Lot Size: 43834
  • MLS: MIBOR
  • Sqft Total: 0.0
  • Structure Type: Apartment Building
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1981
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: Not Applicable
  • Inspection Warranties: Other
  • Legal Subdivision: Multiple Legal Descriptions see Remarks
  • Photos Count: 29
  • 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: 9
  • Garage Parking: Other
Income & Expenses
  • Expenses: 28151
  • Gross Operating Income: 68580
  • Net Operating Income: $40,429.00
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: 2
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 775
  • Unit Utilities: Other
Unit 2
  • Unit Kitchen: 11x12
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 10x12
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 5
  • Unit Num of Units: 7
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 648
  • Unit Utilities: Other
Rental
Rental Information
  • Tenant Pays: NotApplic

Property History for 116 Chestnut 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 116 Chestnut Street

Taxable ValueLand$8,600Additions$83,700Total$92,300
Tax Record2023$1,854 ($154 / month)
Home Facts
Beds4Baths1Total Finished SqFt648 SqFtAbove Grade Finished SqFt648 SqFtStories1Lot Size7,440 SqFtStyleCondominiumYear Built1981CountySHELBYAPN73-03-12-400-276.000-008

Schools near 116 Chestnut Street

This home is within Shelby Eastern Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Morristown Elementary School
PublicPK to 5

Morristown Jr-Sr High School
Public6 to 12

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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116 Chestnut Street is a multi-family home for sale in Morristown, IN 46161. This property was listed for sale on July 26, 2022 by BAFO, it's currently listed at $840,000. This listing's school district is Shelby Eastern Schools. Nearby schools include Morristown Elementary School and Morristown Jr-Sr High School. 116 Chestnut Street is a 0-bed, 0-bath, multi-family home built in 1981.

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.