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  • $250,000

    40 E Mulberry St, Morgantown, IN 46160

    4beds
    3baths
    --sqft
    Multi Family, Triplex
    Built in 1905
    -- sqft lot
    $273,600 Zestimate®
    $--/sqft
    $1,408 Estimated rent

    Home value

    $273,600

    $254,000 - $293,000

    $1,408/mo

    Zestimate® history
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    $1,558/mo

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    What's special

    So many possibilities with this one! Home is currently individually metered, with separate entrances triplex but could be easily be used as a single family home. Lower level is an 2 BR unit with large closets, wrap around covered porch, large deck off MBR and two separate living areas plus dining room! Upstairs units are 1BR w/kitchen and living room. 2 car garage, fenced back yard. Good for Owner/ Investor, live on main level and lease the top 2 units and let tenants pay the mortgage! Improvements include: roof (2017), plumbing, electric wiring, breaker panels and meter (2018), sewer line (2023) Downstairs unit: furnace/HVAC (2019) refrigerator, range, wash & dryer (2018) Upstairs Units 2 & 3: appliances, water heater (2018).

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Carr 361-728-7412,

    CENTURY 21 Scheetz

    Bought with:

    Ken Yoder

    Hoosier, REALTORS®

    Source: MIBOR as distributed by MLS GRID,MLS#: 21929906MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Cooling
    • Has cooling: Yes
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 551424462008000013
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Condition
    • New construction: No
    • Year built: 1905

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Morgantown

    Financial & listing details

    • Tax assessed value: $207,200
    • Annual tax amount: $1,402
    • Date on market: 7/1/2023
    • Cumulative days on market: 136 days

    Price history

    DateEventPrice
    2/14/2025Listing removed$1,300
    Source: Zillow Rentals Report a problem
    11/25/2024Listed for rent$1,300-7.1%
    Source: Zillow Rentals Report a problem
    12/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/28/2023Listed for rent$1,400+100%
    Source: Zillow Rentals Report a problem
    11/20/2023Sold$250,000-5.7%
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    10/27/2023Pending sale$265,000
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    10/16/2023Price change$265,000-1.9%
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    8/19/2023Price change$270,000-1.8%
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    7/17/2023Price change$275,000-4.8%
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    7/1/2023Listed for sale$289,000-5.2%
    Source: MIBOR as distributed by MLS GRID #21929906 Report a problem
    7/1/2023Listing removed$305,000
    Source: IRMLS #202315774 Report a problem
    6/20/2023Price change$305,000-6.2%
    Source: IRMLS #202315518 Report a problem
    5/31/2023Price change$325,000-5.8%
    Source: IRMLS #202315518 Report a problem
    5/12/2023Listed for sale$345,000+379.2%
    Source: IRMLS #202315518 Report a problem
    11/13/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/6/2022Listed for rent$700
    Source: Zillow Rental Manager Report a problem
    3/5/2018Sold$72,000-19.9%
    Source: MIBOR as distributed by MLS GRID #21542901 Report a problem
    12/1/2016Listing removed$89,900
    Source: Franklin #21388952 Report a problem
    8/25/2016Price change$89,900-19.7%
    Source: Franklin #21388952 Report a problem
    5/23/2016Price change$112,000-10.4%
    Source: Franklin #21388952 Report a problem
    11/25/2015Price change$125,000-3.1%
    Source: Franklin #21388952 Report a problem
    4/22/2015Price change$129,000-7.2%
    Source: Hills O`Brown Realty, Inc. #21286671 Report a problem
    6/19/2014Price change$139,000-4.1%
    Source: Hills O' Brown Realty, Inc. #21286671 Report a problem
    4/22/2014Listed for sale$144,900
    Source: Hills O' Brown Realty, Inc. #21286671 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,354 +145.1%$207,200 +5.1%
    2024$1,369 -2.4%$197,200 +16.8%
    2023$1,402 +41%$168,900 +3.5%
    2022$994 +1.4%$163,200 +31%
    2021$980 -33.2%$124,600 -2.8%
    2020$1,469 -20.7%$128,200 -2.4%
    2019$1,851 -4.8%$131,300 -1.6%
    2018$1,944 +0.8%$133,500 +0.7%
    2017$1,927 +15.5%$132,600
    2016$1,669 +8.3%$132,600 +1.1%
    2014$1,541 +8.6%$131,100
    2013$1,418 -2.2%$131,100 +5.4%
    2012$1,450 +9.7%$124,400 +20.1%
    2011$1,322 -3.7%$103,600 -2.7%
    2010$1,373 -2.2%$106,500
    2009$1,403 -31%$106,500 -4.5%
    2006$2,032 $111,500
    2005-- $111,500
    Find assessor info on the county website

    Neighborhood: 46160

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indian Creek Elementary School
    • Middle: Indian Creek Middle School
    • High: Indian Creek Sr High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $273,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $273,600