Owner
$161,256
304 INDIANA AVE, ETOWAH, TN
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
3
sq. ft.
2,288
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
Carport
1 Story
Improved Basement (Finished)
Yes
Yes
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1986
Building Size
2,288 sq ft
Lot Size
23,958 sq ft
Lot Size (Acres)
0.55 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
107O D 02000
County
McMinn County, Tennessee
Metro Area
Athens, TN
Zoning
—
Neighborhood/Subdivision
LOUISVILLE PROP CO 1ST
Lot Number
3-5
School District
Etowah City School District
Legal Description
DISTRICT: 04 04 105M N 105M 02200 000, COUNTY AREA: I01
Tax & Value Information
Market Value (Total)
$221,500
Building Value
$203,900
Land Value
$17,600
Annual Property Tax
$1,305
Tax Assessment Year
2024
Assessed Value
$55,375
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
1/17/2019
Recording Date
1/18/2019
Sales Document #
2019.203362
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$6,240
Return on Investment
15.60%
After Repair Value
$177,382
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$145,130
Renovation Cost
$8,063
Closing Costs (buying)
$2,903
Holding Costs
$4,403
Selling Costs
$10,643
Total Investment
$39,991
After Repair Value (ARV)
$177,382
Total Costs
$171,142
Estimated Profit
$6,240
Cash Invested
$37,089
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
Etowah Elementary School
C
Elementary, Middle
858 8th Street, TN
0.52 miles away
Etowah Elementary School
C
Elementary, Middle
858 8th Street, TN
0.52 miles away
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Mixed Use
Walkability
Excellent
(23 POIs within 1mi)
Amenities Within 0.5mi
4
locations
Schools Within 1mi
2
schools
Area Class
C
class
Investor Insight
This is a mixed use area with 23 amenities within 1 mile.
The property is within reach of many amenities.
Key features for tenant appeal:
Schools Nearby
Public Transit
Recreation
High-Risk Services
Map Filters
Key Amenities in the Area
7th St Ball Park
0.3 mi • Recreation
CITGO
0.4 mi • Automotive & Industrial
Bargain Barn Grocery Outlet
0.4 mi • Essential Services
Friends of Etowah Carnegie Public Library
0.5 mi • Education
Hiwassee River Scenic Railroad
0.6 mi • Transit
Etowah Rescue Squad & Rural Fire Department
0.7 mi • Emergency Services
Muddy Waters Wine & Spirits
0.7 mi • Adult Entertainment & Liquor
Check Into Cash
1.0 mi • High-Risk Financial Services