$415,000
SOLD DEC 20, 2024

1002 S Wayne St Angola, IN 46703

6 Beds
4.5 Baths
2,624 Sq Ft
1.63 Acres

Recently Sold

$158 Per Sq Ft

18 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of December 2024

Investment Opportunity! Excellent return, totally renovated, all brick- 3 apartments and separate studio apartment building for a total of 4 units. All apartments have new kitchens with new appliances, remodeled bathrooms, and new tile flooring throughout. Windows have been replaced and new metal roof. All new mechanicals, HVAC, and water heaters. This is an investor's dream property located on 1.63 acres, partially wooded within the city limits.

Last Agent to Sell the Property

John Stock

RE/MAX Results - Angola office Brokerage Phone: 260-316-7735 Listed on: 11/14/2024

RE/MAX Results - Angola office

Last Buyer's Agent

Matt Pfeiffer

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 1890

Lot Details

  • 1.63 Acre Lot
  • Lot Dimensions are 642x110

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Tile Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Hendry Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for building insurance, tax, trash collection
  • Assessor Parcel Number 76-06-35-210-120.000-012

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,634
  • Trash Expense $624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,419

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Age: 134
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: LEAVITTS Add NE PT Lot 54
  • Parcel Number ID: 76-06-35-210-120.000-012
  • Platted: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 4400
  • Year Taxes Payable: 4418.42
  • Special Features: None

Interior Features

  • Total Sq Ft: 4024
  • Total Finished Sq Ft: 2624
  • Above Grade Finished Sq Ft: 2624
  • Below Grade Sq Ft: 1400
  • Price Per Sq Ft: 158.16
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Tile
  • Total Below Grade Sq Ft: 1400
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1634
  • Annual Trash Expense: 624
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: MSD of Steuben County
  • Elementary School: Hendry Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Hendry Park

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 642x110
  • Estimated Lot Sq Ft: 71003
  • Estimated Lot Size Acres: 1.63

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Tax, Trash Collection
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 4400
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 4418.82

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 20, 2024
Sold by
Cheezy Tiki Trust
Bought by
Camm Holdings Llc
Seller's Agent
John Stock
RE/MAX Results - Angola office
Buyer's Agent
Matt Pfeiffer
eXp Realty, LLC
List Price
$415,000
Sold Price
$415,000
Views
21
Current Estimated Value
$354,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,279
Avg. Annual Appreciation
-12.63%

Purchase Details

Listed on
Mar 21, 2016
Closed on
Jul 5, 2016
Sold by
Myers Mary Elizabeth and Rose Thomas D
Bought by
Straw Sandra
Seller's Agent
Craig Ralston
RE/MAX Results - Angola office
Buyer's Agent
Diane Stock
RE/MAX Results - Angola office
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.28%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $415,000 Trademark Title Inc
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $415,000 0.0% $158 / Sq Ft
11/14/2024 11/14/24 For Sale $415,000 +538.5% $158 / Sq Ft
06/10/2016 06/10/16 Sold $65,000 -23.5% $46 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $85,000 -- $61 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,922 $256,800 $32,500 $224,300
2023 $4,404 $237,700 $29,800 $207,900
2022 $4,059 $220,200 $27,100 $193,100
2021 $4,070 $204,600 $27,100 $177,500
2020 $3,482 $180,000 $24,200 $155,800
2019 $2,977 $149,000 $24,200 $124,800
2018 $2,111 $104,400 $24,200 $80,200
2017 $1,956 $96,300 $24,200 $72,100
2016 $750 $95,500 $24,200 $71,300
2014 $1,105 $122,900 $24,200 $98,700
2013 $1,105 $123,900 $24,200 $99,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202444330

Indiana Regional MLS

APN: 76-06-35-210-120.000-012