200 S Main St Fort Branch, IN 47648

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2 beds · 1 bath · 3,344 sq ft · Lot Size: 7,739 sq ft · Single Family Home
Est. Property Value: $191,600

High Demand Long-Term RentalValued above Market MedianGood value per sqftOwned for Less Than 5 Years

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200 S Main St is in the 47648 neighborhood of Fort Branch, IN. It is located in Gibson County and ZIP code 47648. This Single Family Home was built in 1900 and is approximately 125 years old. The single family home spans 3344 sq ft with 2 bedrooms and 1 bathroom and sits on a 7739 sq ft lot. According to public records, it was last sold in 2020 for $158,888 and has a tax-assessed value of $191,600, which is $57 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 200 S Main St Fort Branch, IN 47648 with Property Intel by Whitepages.

Owners & Occupancy for 200 S Main St

This property is owned by Romaricosofroni M Caalem. Owner contact information includes 2 phone numbers.

Property Owners

Cell Phone(812) ***-****View Cell Phone
Residence****************
Landline
Distance from Property**********
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Occupancy

Resident 1********************** age 39
Resident 2***********************

Property Financials for 200 S Main St

200 S Main St, Fort Branch, IN has no known mortgage. The Gibson county assessment for 2023 values it at $191,600, with annual taxes of $1,853.

Property Tax

Purchase DateDecember 18, 2020
Property Tax Amount$1,853 in 2023
Purchase Price$158,888
Assessed Value$191,600 on 2023

Investment Potential for 200 S Main St

The property has a current estimated value of $191,600, which is 53% above the zip median, based on public records. It last sold on December 18, 2020 for $159K. Projected long-term
is $33,600 annually ($2,800 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$33,600 per year($2,800 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 47648 zip code
 
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Property Details for 200 S Main St

Property Details

Property Sq Ft

Living Area

3,344 sq ft

168% above market

Lot Size

7,739 sq ft

28% below market

Price Per Sq Ft

Living Area

$57 / sq ft

42% below market

Lot Size Area

$25 / sq ft

127% above market

Property condition, age, exterior, etc. for 200 S Main…
Longitude: -87.578147 Latitude: 38.246335 Parcel Number (APN): 26-18-13-404-000.501-026…

Recommended Properties in 47648

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Market Benchmarks

Compare data for 200 S Main St in Gibson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$191,600
$135,098
$56,502 (42%)
—
—
—
YoY Price Change
—
—
—
Year Built
1900
1947
-47 years
Living Space
3,344 sq ft
1,104 sq ft
2240 (203%)
$ Per Living Sq Ft
$57
$120
-$62 (-52%)
Lot Size
7,739 sq ft
8,260 sq ft
-521 (-6%)
$ Per Lot Sq Ft
$25
$14
$11 (77%)

Net Operating Income
$*****
$13,906
$11,929 (86%)
Annual Revenue
$33,600
$18,600
$15,000 (81%)
$****
$4,331
$3,434 (79%)
Net Operating Income
$*****
$13,906
$11,929 (86%)
Cap Rate
****%
10.27%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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