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$100,000   Price Analysis
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408 S Third St Unit A-B
Boonville, IN 47601
4 bed 3 bath 2,492 SqFt ($40/SqFt)
8,712SqFt lot. Built 1900
Listed 2024-04-15, Taxes $1,438
USDA Eligible
near Boonville, IN
 Restrictions may apply
due to home size

Great opportunity to add to your portfolio with this triplex in Boonville.

Located off the square, this completely renovated building will ffer peace of mind with little maintenance. There are 2 units on the first floor and two-1 bedroom apartments and a large, more than 1, 200 sq foot two-bedroom apartment upstairs.

There is luxury vinyl flooring throughout, appliances and tile in all the bathrooms. Roof is newer and the house has newer vinyl double pane windows throughout as well. Building is fully occupied.


Presented by Michelle Stanger at
Stanger Homes, LLC.
Listing Agent Photo

Property MLS #202412432 from IRMLS

Bedrooms: 4

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Cooling Features: Window
Heating Features: Gas

Furnished Description: Building
Flooring: Laminate, Vinyl

Basement Description: Partial Basement

Lot Description: Level, Partially Wooded
Lot Size Acres: 0.2
Lot Size Dimensions: 80x70
Lot Size Square Feet: 8712

Driveway: Gravel
Garage Spaces: 4

Number of Buildings: 1
Number of Units: 3
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 2
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 4
Unit-3 Square Feet: 1246
Unit-3 Garage Spaces: 1
Unit 1 Total Actual Rent: 650
Unit 2 Total Actual Rent: 675
Unit 3 Total Actual Rent: 850

Elementary School: Oakdale
High School: Boonville
Middle School: Boonville
School District: Warrick County School Corp.

Boonville High School is a public high school located approximately 0.4 miles away.
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Oakdale Elementary School is a public elementary school located approximately 0.5 miles away.
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Boonville Middle School is a public middle school located approximately 0.6 miles away.
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Warrick Christian School is a private elementary, middle and high school located approximately 0.9 miles away.
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Income Includes: 26100
Lease Term: 1 Year
Tenant Pays: Heating, Lawn Maintenance

Maintenance Expense: 1000

Community Features: Detector-Smoke

Annual Tax Amount: 1300
Source Listing Status: Active
County: Warrick County
Directions: Hwy 62 toward Boonville, South on 3RD St, Home on Left.
Source Property Type: INVESTMENT
Insurance Expense: 1000
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Electric, Trash Collection, Water
Parcel Number: 87-09-35-217-026.000-003
Township: Ohio
Trash Expense: 672
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$65,700 + $6,200
$71,900
$1,438
2021$55,100 + $6,200
$61,300
$1,226
2020$53,200 + $6,200
$59,400
$1,248
2019$38,500 + $6,200
$44,700
$959
2018$35,800 + $6,200
$42,000
$845
2017$34,300 + $6,200
$40,500
$1,717
2017$34,600 + $6,200
$40,800
$1,717
2016$34,900 + $6,200
$41,100
$815
2015$34,900 + $8,700
$43,600
$2,369
2013$35,300 + $8,700
$44,000
$1,315
2012$31,900 + $8,700
$40,600
$826
2011$34,300 + $8,700
$43,000
$861
2010$34,300 + $8,700
$43,000
$806

Price Changed 2024-07-18
$100,000
IRMLS
Listed 2024-04-15
$125,000
IRMLS
Listing removed 2023-06-10
$675
IRMLS
Price Changed for rent 2023-05-26
$675
IRMLS
Listed for rent 2023-05-19
$650
IRMLS
Listing removed 2022-06-18
$850
IRMLS
Listing removed 2022-06-09
$650
IRMLS
Listed for rent 2022-06-08
$850
IRMLS
Listed for rent 2022-06-02
$650
IRMLS
Listing removed 2022-05-06
$850
IRMLS
Listed for rent 2022-04-11
$850
IRMLS
Listing removed 2022-04-08
$109,900
IRMLS
Price Changed 2022-03-18
$109,900
IRMLS
Listed 2022-03-07
$119,900
IRMLS
Sold 2019-04-12
$568,941
Public Record
Listing removed 2019-02-04
$55,000
IRMLS
Relisted 2018-02-28
$55,000
IRMLS
Listing removed 2018-02-27
$55,000
IRMLS
Listed 2017-12-01
$55,000
IRMLS
Sold 2016-07-14
$41,000
Public Record
Listing removed 2016-05-27
$49,900
SIAR
Price Changed 2016-03-15
$49,900
SIAR
Listed 2015-10-29
$25,000
SIAR

Net Operating Income: 15928

Total Square Feet Living: 2492
Year Built: 1900
Above Grade Finished Area: 2492
Construction Materials: Block
Property Age: 124
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Sqft: 2492

Electric Expense: 3000
Sewer: City
City
Water Sewer Expense: 3000
Water Well: Community
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