Zip Code
409 N Leavitt St, Brazil, IN 47834
3 beds · 2 baths · 2,646 sq ft · Lot: 7,200 sq ft · Single Family Home · Last Sold: $143K in 2021 · Built: 1913
Est. Value:
$175K
Est. Rent:
$2.9K/month

409 N Leavitt St Brazil, IN 47834

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3 beds · 2 baths · 2,646 sq ft · Lot Size: 7,200 sq ft · Single Family Home
Est. Property Value: $174,977

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409 N Leavitt St is in the 47834 neighborhood of Brazil, IN. It is located in Clay County and ZIP code 47834. This Single Family Home was built in 1913 and is approximately 112 years old. The single family home spans 2646 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7200 sq ft lot. According to public records, it was last sold in 2021 for $143,000 and has a tax-assessed value of $135,400, which is $66 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 409 N Leavitt St Brazil, IN 47834 with Property Intel by Whitepages.

Investment Potential for 409 N Leavitt St

The property has a current estimated value of $174,977, which is 31% above the zip median, based on public records. It last sold on November 10, 2021 for $143K. Projected long-term
is $34,200 annually ($2,850 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 47834.

Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 47834 zip code
 
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Owners & Occupancy for 409 N Leavitt St

This property is owned by Tracy J Varvil. Owner contact information includes 10 phone numbers and 3 email addresses.

Property Owners

Cell Phone(317) ***-****View Cell Phone
Residence**********
Landline(317) 838-8087
Distance from Property**********
Email Address******@hotmail.comView Email
OccupationDriver, Donatos Pizza
Cell Phone(317) ***-****View Cell Phone
Residence**********
Landline(317) 838-8087
Distance from Property**********
Email Address*****@hotmail.comView Email

Property Ownership Information

Purchase DateNovember 10, 2021
Property Tax Amount$749 in 2023
Purchase Price$143,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 53
Resident 2**************** age 62
Resident 3*************** age 72
Resident 4************** age 58

Property Details for 409 N Leavitt St

Property Details

Property Sq Ft

Living Area

2,646 sq ft

77% above market

Lot Size

7,200 sq ft

71% below market

Price Per Sq Ft

Living Area

$66 / sq ft

30% below market

Lot Size Area

$24 / sq ft

171% above market

Property condition, age, exterior, etc. for 409 N Leav…
Longitude: -87.136419 Latitude: 39.524816 Parcel Number (APN): 11-02-36-300-049.000-002…
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Discover more single family homes near 409 N Leavitt St in Brazil, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 409 N Leavitt St in Clay County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$174,977
$210,100
-$35,123 (-17%)
$306,513
$5,456 (2%)
YoY Price Change
3.01%
341%
Year Built
1913
1972
-59 years
Living Space
2,646 sq ft
1,582 sq ft
1064 (67%)
$ Per Living Sq Ft
$66
$138
-$72 (-52%)
Lot Size
7,200 sq ft
12,807 sq ft
-5607 (-44%)
$ Per Lot Sq Ft
$24
$19
$5 (26%)

Net Operating Income
$18,060
$9,518 (53%)
Annual Revenue
$34,200
$24,600
$9,600 (39%)
$5,949
$673 (11%)
Net Operating Income
$18,060
$9,518 (53%)
Cap Rate
7.89%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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