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$1,275,000 ↓$225,000on 10/11/2023

200 W Pearl Street Trafalgar, IN  46181

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Property Description for 200 W Pearl Street Trafalgar, IN 46181

Excellent investment opportunity! The possibilities are endless in this recently renovated discontinued elementary school. With three buildings all connected. This expansive facility would make a great senior living center, charter school, storage facility (inside and out with large lot), apartment or condominium complex, medical building. 32 classrooms, gymnasium, commercial kitchen, offices, cafeteria, plenty of restrooms, tons of storage. Located in a growing area just 30 minutes from Indianapolis and Bloomington. Seller is open to discuss the possibility of splitting the buildings to suit.
QuickBuy option for home selling

Address:200 W Pearl Street Trafalgar IN 46181
Status:Active
on site: 767 days
Price:$1,275,000
Bathrooms:0
Year Built:1939
Lot Size:4.80
County: Johnson
Township: Hensley
MLS #:21888828
Property Type:Office

Lot Dimensions:209524
Road Frontage:City Street
Road Access:Frontage Road
Road Surface:Asphalt
Zoning:Institutional
Directions:South on State Road 135 to Trafalgar, turn left on Pearl Street, building on left.

Loan Price
$7,908
Price And Interest $6,651/month
Property Tax $726/month
MTG INS $0/month
HOME INS $531/month
Price
$1,275,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$726/month
Home Owner Insurance
$6,372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/11/23 $1,500,000 $1,275,000 -15%
10/20/22 $1,200,000 $1,500,000 25%

Semi-Annual Property Tax:$4,353
Tax Year:2022
Mandatory HOA Fee:$

Area: 4107 - Johnson - Hensley
Subdivision: No Subdivision
Zip Code:46181

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Scott Dodson with New Start Home Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/16/2022 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Trafalgar Market Report

89
Avg. DOM
$254.4
Avg. $ / Sq.Ft.
$ 699,450
Med. List Price

The house prices in Trafalgar are indeed dropping at the moment. There has been a decrease in price of $170,792.86. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Trafalgar are going Down. The average house price is $699,000.00 and the average price per square feet is $248.30 per square feet. At the moment, the amount of homes listed is exactly 68 houses, with 17 with active status, 4 with pending status and 47 sold in Trafalgar .

The most popular place to buy a home in Trafalgar is 4107 - Johnson - Hensley. 4107 - Johnson - Hensley is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Trafalgar .

The average amount of property taxes you would have to pay for a home in Trafalgar is $3,760.35. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Trafalgar are staying listed for an average of 86 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Trafalgar was 15001 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Trafalgar is $3,419,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Trafalgar is $278,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Trafalgar in year 1970 and the newest built house is in year 2024.

The average size of properties in Trafalgar is 3181.76 sq.ft. , the biggest one being 7773 sq.ft. and the smaller being 1448 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.