Zip Code
23 W Chestnut St, Brazil, IN 47834
4 beds · 2 baths · 1,580 sq ft · Lot: 7,802 sq ft · Single Family Home · Last Sold: $95K in 2024 · Built: 1927
Est. Value:
$145K
Est. Rent:
$2.5K/month

23 W Chestnut St Brazil, IN 47834

4 beds · 2 baths · 1,580 sq ft · Lot Size: 7,802 sq ft · Single Family Home
Est. Property Value: $144,986

High Demand Long-Term RentalValued below Market MedianOwned for Less Than 5 Years

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23 W Chestnut 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 1927 and is approximately 98 years old. The single family home spans 1580 sq ft with 4 bedrooms and 2 bathrooms and sits on a 7802 sq ft lot. According to public records, it was last sold in 2024 for $95,000 and has a tax-assessed value of $88,800, which is $92 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 23 W Chestnut St Brazil, IN 47834 with Property Intel by Whitepages.

Investment Potential for 23 W Chestnut St

The property has a current estimated value of $144,986, which is 16% below the zip median, based on public records. It last sold on April 16, 2024 for $95K. Projected long-term
is $30,000 annually ($2,500 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 47834.
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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
90%in 47834 zip code
 
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Owners & Occupancy for 23 W Chestnut St

No contact information is available.

Occupancy

Resident 1***************

Property Details for 23 W Chestnut St

Property Details

Property Sq Ft

Living Area

1,580 sq ft

24% below market

Lot Size

7,802 sq ft

79% below market

Price Per Sq Ft

Living Area

$92 / sq ft

3% below market

Lot Size Area

$19 / sq ft

79% above market

Property condition, age, exterior, etc. for 23 W Chest…
Longitude: -87.129068 Latitude: 39.530143 Parcel Number (APN): 11-02-36-100-221.000-002…
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Recommended Properties in 47834

Discover more single family homes near 23 W Chestnut 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 23 W Chestnut St in Clay County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$144,986
$307,814
-$162,828 (-53%)
$******
$430,225
-$171,728 (-40%)
YoY Price Change
****%
1.99%
-140%
Year Built
1927
1988
-61 years
Living Space
1,580 sq ft
2,408 sq ft
-828 (-34%)
$ Per Living Sq Ft
$92
$133
-$41 (-31%)
Lot Size
7,802 sq ft
15,450 sq ft
-7648 (-50%)
$ Per Lot Sq Ft
$19
$25
-$7 (-27%)

Net Operating Income
$*****
$23,840
-$375 (-2%)
Annual Revenue
$30,000
$32,400
-$2,400 (-7%)
$****
$8,306
-$1,771 (-21%)
Net Operating Income
$*****
$23,840
-$375 (-2%)
Cap Rate
****%
7.04%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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