806 West Washington Street

Shelbyville, IN 46176

$780,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Total of (8) units on two parcels. Total of (8) units on two parcels (4) two bed (4) one bed. Building Repairs in the Profit and Loss Statement include capital expenditures. Upon due diligence seller can provide details pertaining to what capital improvements were done at this location. Rents averaging $733 per unit compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location...Total of (8) units on two parcels. Total of (8) units on two parcels (4) two bed (4) one bed. Building Repairs in the Profit and Loss Statement include capital expenditures. Upon due diligence seller can provide details pertaining to what capital improvements were done at this location. Rents averaging $733 per unit compared to market rate of $920 for a 2 bedroom in Shelbyville. Upside Potential for new owner. If 112 East Locust Street can pull $920 average on a 2 bedroom. Possibility at this location is a no brainer. Tenants pay their own electric. Owner pays water/sewer/storm/trash. Buyer will need to run their own estimates for insurance as this asset is part of a portfolio of properties in an umbrella policy. Drive by Only.
  1. Listed by Hector David Orton • BAFO

Property Details for 806 West Washington Street

Architectural Style
Ranch
Subdivision Name
NO SUBDIVISION
Township
Addison

Location

Listing Courtesy of BAFO
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LISTING UPDATED: 08/02/2022 11:29 AM

Property Details for 806 West Washington Street

StatusActive
MLS #21873547
Days on Market638
Taxes$3,536 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1985
Lot Size0.17 AC / 7,405 SF
CountyShelby County

Location

Listing Courtesy of BAFO
Add your commute

Building Information for 806 West Washington Street

Stories-Residences8Year Built1985Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,846 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,257

Property Taxes

$589

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 806 West Washington Street

Summary
Location and General Information
  • City: Shelbyville
  • County Or Parish: Shelby
  • Directions: From Public Square head west on West Washington Street to Maple Street. Property is on the right.
  • Postal Code: 46176
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 73-11-06-100-179.000-002
  • Semi Annual Property Tax Amt: 3536
  • Tax Exemption: None
  • Tax Year: 2022
School Information
  • School District: Shelbyville Central
Owner
  • Owner Pays: NotApplic
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Area Source: Assessor
  • Building Information: Other
  • Lot Description: Access Street
  • Lot Number: 0
  • Lot Size: 7440
  • MLS: MIBOR
  • Sqft Total: 0.0
  • Structure Type: Apartment Building
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1985
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: Not Applicable
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: HABIGS WASH LT2 808 W WASH ST (APTS)
  • Photos Count: 9
  • 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: 8
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 31630
  • Gross Operating Income: 70368
  • Insurance Expenses: 2400
  • Net Operating Income: $29,266.00
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: 1
  • Unit Num of Rooms: 5
  • Unit Num of Units: 4
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 612
  • 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: 2
  • Unit Num of Rooms: 5
  • Unit Num of Units: 4
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 612
  • Unit Utilities: Other
Rental
Rental Information
  • Tenant Pays: NotApplic

Property History for 806 West Washington 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 806 West Washington Street

Taxable ValueLand$23,700Additions$186,000Total$209,700
Tax Record2023$4,194 ($350 / month)
Home Facts
Total Finished SqFt2,448 SqFtAbove Grade Finished SqFt2,448 SqFtStories1Lot Size7,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1985CountySHELBYAPN73-11-06-100-179.000-002

Schools near 806 West Washington 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
Thomas A Hendricks 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.

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806 West Washington 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 $780,000. This listing's school district is Shelbyville Central Schools. Nearby schools include Thomas A Hendricks Elementary School, Shelbyville Middle School and Shelbyville Sr High School. 806 West Washington Street is a 0-bed, 0-bath, multi-family home built in 1985.

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.