17211 Futch Way Westfield, IN 46074

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4 beds · 2 baths · 2,508 sq ft · Lot Size: 8,276 sq ft · Single Family Home
Est. Property Value: $347,830

High Demand Long-Term RentalValued below Market MedianGood value per sqftOwned for Less Than 5 YearsOwner Age 35 - 45

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17211 Futch Way is in the 46074 neighborhood of Westfield, IN. It is located in Hamilton County and ZIP code 46074. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 2508 sq ft with 4 bedrooms and 2 bathrooms and sits on a 8276 sq ft lot. According to public records, it was last sold in 2023 for $375,000 and has a tax-assessed value of $340,600, which is $139 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 17211 Futch Way Westfield, IN 46074 with Property Intel by Whitepages.

Owners & Occupancy for 17211 Futch Way

This property is owned by Thomas Jordan Rhye. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Residence*************
Landline(219) 663-5221
Distance from Property**********
Email Address*******@comcast.netView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 35
Resident 2****************** age 38
Resident 3******************* age 27

Property Financials for 17211 Futch Way

17211 Futch Way, Westfield, IN has a mortgage from Bailey & Wood Fin'l Grp (orig. August 18, 2023). The Hamilton county assessment for 2024 values it at $340,600, with annual taxes of $3,594.

Mortgage & Equity Information

Loan Amount$******
LenderBailey & Wood Fin'l Grp
Origination DateAugust 18, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateAugust 18, 2023
Property Tax Amount$3,594 in 2023
Purchase Price$375,000
Assessed Value$340,600 on 2024

Investment Potential for 17211 Futch Way

The property has a current estimated value of $347,830, which is 22% below the zip median, based on public records. It last sold on August 18, 2023 for $375K. Projected long-term
is $40,200 annually ($3,350 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$40,200 per year($3,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 46074 zip code
 
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Property Details for 17211 Futch Way

Property Details

Property Sq Ft

Living Area

2,508 sq ft

2% below market

Lot Size

8,276 sq ft

27% below market

Price Per Sq Ft

Living Area

$139 / sq ft

22% below market

Lot Size Area

$42 / sq ft

3% below market

Property condition, age, exterior, etc. for 17211 Futc…
Longitude: -86.110561 Latitude: 40.038992 Parcel Number (APN): 29-10-06-201-034.000-015…

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Market Benchmarks

Compare data for 17211 Futch Way in Hamilton County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$347,830
$312,900
$34,930 (11%)
$******
$422,025
$73,201 (17%)
YoY Price Change
****%
1.99%
-29%
Year Built
1999
1988
11 years
Living Space
2,508 sq ft
2,408 sq ft
100 (4%)
$ Per Living Sq Ft
$139
$128
$10 (8%)
Lot Size
8,276 sq ft
15,450 sq ft
-7174 (-46%)
$ Per Lot Sq Ft
$42
$20
$22 (107%)

Net Operating Income
$*****
$23,121
$5,561 (24%)
Annual Revenue
$40,200
$32,400
$7,800 (24%)
$*****
$9,149
$2,369 (26%)
Net Operating Income
$*****
$23,121
$5,561 (24%)
Cap Rate
****%
7.5%
—
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Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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