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$54,900   Price Analysis
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221 W Elm St
Hartford City, IN 47348
3 bed 2 bath 2,116 SqFt ($25/SqFt)
7,187SqFt lot. Built 1960
Listed 2023-08-29, Taxes $1,373
USDA Eligible
near Hartford City, IN
 Restrictions may apply
due to home size

Some updates made!

Great in vestment opportunity. Duplex. Downstairs unit 221 offers 2 bedrooms/1 bath. Tenant pays $400 a month. Leases ends 6-30-24. Upstairs unit 221.5 is a 1 bedroom/1 bath is currently vacant but was rented for $400 a month.

Tenants pay gas and electric. Owner pays W/T/S, avg. $145 month. Each unt has separated electric and gas meters. The building has 2 water heaters. Both units have individual storage units and unit 221 has access to the basement area.


Presented by Heather Clemmons at
Starr Real Estate.
Listing Agent Photo

Property MLS #202331106 from IRMLS

Bedrooms: 3

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Furnished Description: Building, Land, Lease
Flooring: Mixed

Heating Features: Gas, Forced Air

Basement Description: Crawl, Partial Basement

Outbuilding Width: 12

Lot Description: 0-2.9999
Lot Size Acres: 0.1649908
Lot Size Dimensions: 60X120
Lot Size Square Feet: 7187

Garage Spaces: 2

Elementary School: Blackford
High School: Blackford
Middle School: Blackford
School District: Blackford County

Blackford Junior High School is a public middle school located approximately 0.3 miles away.
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Blackford Intermediate School is a public elementary school located approximately 0.5 miles away.
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Blackford High School is a public middle and high school located approximately 2.1 miles away.
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St. John's Riedman Memorial School is a private elementary school located approximately 0.5 miles away.
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Number of Units: 2
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit-1 Square Feet: 1116
Unit-2 Square Feet: 1000
Unit 1 Total Actual Rent: 400
Unit 2 Total Actual Rent: 350

Income Includes: 9000
Lease Term: 1 Year
Tenant Pays: Electric, Fuel

Community Features: Basement, Washer Hook-Up

Annual Tax Amount: 977
Source Listing Status: Active
County: Blackford County
Directions: SR 3/Walnut St to Elm St, property on the right
Tax Year: 2022
Source Property Type: INVESTMENT
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Owner Pays: Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
Parcel Number: 05-03-11-302-100.000-006
Postal Code Plus 4: 1732
Township: Licking
Lot Number: 8
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$55,700 + $4,800
$60,500
$1,373
2022$49,500 + $4,800
$54,300
$1,233
2021$47,900 + $4,800
$52,700
$1,109
2020$46,000 + $4,800
$50,800
$1,076
2019$44,100 + $4,800
$48,900
$1,039
2018$46,000 + $4,800
$50,800
$1,001
2017$42,800 + $5,400
$48,200
$1,039
2016$42,400 + $5,400
$47,800
$977
2015$41,500 + $5,400
$46,900
$959
2013$28,500 + $7,500
$36,000
$1,455
2012$28,500 + $7,500
$36,000
$722
2011$34,900 + $7,500
$42,400
$849
2009$33,200 + $7,500
$40,700
$1,019

Listed 2023-08-29
$54,900
IRMLS
Listing removed 2023-08-06
$49,900
IRMLS
Price Changed 2023-05-22
$49,900
IRMLS
Price Changed 2022-12-28
$54,900
IRMLS
Listed 2022-08-05
$59,900
IRMLS
Sold 2021-09-03
$46,000
IRMLS

Net Operating Income: 7733

Total Square Feet Living: 2116
Year Built: 1960
Above Grade Finished Area: 2116
Below Grade Unfinished Area: 250
Other Buildings: Outbuilding SqFt: 120, Outbuilding Length: 10, Outbuilding: Shed
Property Age: 64
Levels or Stories: 2
Structure Type: Duplex
House Style: Two Story
Total Area Sqft: 2366
Total Below Grade Area: 250

Sewer: City
City
Water Sewer Expense: 290
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.