This is a solid positive cash flow property. This 5-plex would be a great starter investment property or a great addition to your investment portfolio. Each unit is a 1 Bedroom and 1 bath. All units are currently occupied and the total monthly rental income is $3470. The facility also includes a common area coin operated washer and dryer area. Plenty of available parking. Call today to schedule a showing.
Sold for $195,000
$195,000
1120 Highway 150 NW, Palmyra, IN 47164
5beds
3,502sqft
Single Family Residence
Built in 1975
1.52 Acres Lot
$336,500 Zestimate®
$56/sqft
$3,448 Estimated rent
Home value
$336,500
$286,000 - $394,000
$3,448/mo
Zestimate® history
Owner options
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$3,448/mo
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$3,448/mo
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$1,231/mo
Est. payment
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$1,231/mo
Est. payment
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Dryer area
Zillow last checked:
Listing updated:
Listed by:
Robert Denison,
Bridge Realtors
Bought with:
Talbott Manecke, RB14046785
Forman Jones & Assoc REALTORS
Source: SIRA,MLS#: 202308958
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 14 x 15
Bedroom
- Level: First
- Dimensions: 7 x 10
Bedroom
- Level: First
- Dimensions: 10 x 13
Bedroom
- Level: First
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 12 x 10
Other
- Level: First
- Dimensions: 10 x 5
Other
- Level: First
- Dimensions: 8 x 4
Other
- Level: First
- Dimensions: 5 x 4
Other
- Level: First
- Dimensions: 8 x 5
Kitchen
- Level: First
- Dimensions: 10 x 14
Kitchen
- Level: First
- Dimensions: 14 x 14
Kitchen
- Level: First
- Dimensions: 8 x 6
Kitchen
- Level: First
- Dimensions: 15 x 15
Living room
- Description: Unit 3, Rents for $650
- Level: First
- Dimensions: 15 x 15
Living room
- Description: Unit 5, Rents for $700
- Level: First
- Dimensions: 15 x 13
Living room
- Description: Unit 1, Rents for $720
- Level: First
- Dimensions: 18 x 11
Living room
- Description: Unit 2, Rents for $700
- Level: First
- Dimensions: 15 x 15
Other
- Description: Unit 4, Rents for $700 - Foyer
- Level: First
- Dimensions: 9 x 9
Other
- Description: Area
- Level: First
- Dimensions: 19 x 20
Heating
- Baseboard, Forced Air, Heat Pump, Other
Cooling
- Central Air, Window Unit(s), WallWindow Unit(s)
Appliances
- Laundry: Main Level, Other
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,502
- Total interior livable area: 3,502 sqft
- Finished area above ground: 3,502
- Finished area below ground: 0
Property
Parking
- Details: Other
Lot
- Size: 1.52 Acres
Details
- Additional parcels included: 310223200016000001
- Parcel number: 310223200017000001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Palmyra
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $29,000
- Annual tax amount: $1,641
- Date on market: 7/14/2023
- Cumulative days on market: 175 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $195,000-2.5%$56/sqft |
Source:  SIRA #202308958 Report a problem | ||
| 10/18/2023 | Pending sale | $199,900$57/sqft |
Source: SIRA #202308958 Report a problem | ||
| 9/9/2023 | Price change | $199,900-10.8%$57/sqft |
Source: SIRA #202308958 Report a problem | ||
| 8/4/2023 | Price change | $224,000-10%$64/sqft |
Source: SIRA #202308958 Report a problem | ||
| 7/14/2023 | Listed for sale | $249,000-3.9%$71/sqft |
Source: SIRA #202308958 Report a problem | ||
| 7/13/2023 | Listing removed | -- |
Source: SIRA #202308165 Report a problem | ||
| 6/27/2023 | Price change | $259,000-3.7%$74/sqft |
Source: SIRA #202308165 Report a problem | ||
| 6/6/2023 | Listed for sale | $269,000+363.8%$77/sqft |
Source: SIRA #202308165 Report a problem | ||
| 9/29/2016 | Sold | $58,000$17/sqft |
Source: SIRA #201605378 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $322 +13% | $29,000 +9% |
| 2024 | $285 +28.1% | $26,600 +22% |
| 2023 | $223 +68% | $21,800 +29% |
| 2022 | $132 -3.8% | $16,900 +74.2% |
| 2021 | $138 -0.2% | $9,700 |
| 2020 | $138 +441.6% | $9,700 |
| 2019 | $25 +5% | $9,700 +438.9% |
| 2018 | $24 +9% | $1,800 |
| 2017 | $22 +6.2% | $1,800 |
| 2016 | $21 +2.3% | $1,800 |
| 2014 | $20 -12.4% | $1,800 |
| 2013 | $23 -3.4% | $1,800 |
| 2012 | $24 -0.8% | $1,800 |
| 2011 | $24 -1.4% | $1,800 -5.3% |
| 2010 | $25 -34.7% | $1,900 |
| 2009 | $38 | $1,900 |
| 2007 | -- | $1,900 +18.8% |
| 2006 | -- | $1,600 |
Find assessor info on the county website
Neighborhood: 47164
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Nearby schools
GreatSchools rating
- 8/10Morgan Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 10/10North Harrison Middle SchoolGrades: 6-8Distance: 6.6 mi
- 7/10North Harrison High SchoolGrades: 9-12Distance: 6.7 mi
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$336,500
2% more
+$6,730
With Zillow Showcase(estimated)
$343,230
- Indiana
- Harrison County
- Palmyra
- 47164
- 1120 Highway 150 NW
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