NOT LISTED FOR SALE

103 S Peters St Garrett, IN 46738

Estimated Value: $122,754 - $194,000

4 Beds
4 Baths
2,900 Sq Ft
$52/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $55,000 $19 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $912/month

1 Day on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Covered Patio or Porch
  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of December 2019

Huge Investment potential! New Windows 2017, New Roof 2008, Newer Mani block system in basement, Newer sewer drain in bsmt. This 4 plex was being made into a 5 plex, floorplan provided! Unit 1 is already rented for $600 a month plus utilities. Unit 2 is gutted & can be split into 2 studios, exit doors already installed. Separated electricity meter for 4 units & 5th for hallways. Bsmt door is in hall, Utilities could be installed for washer dryer area across from bsmt door. See online doc for more info. AS-IS CASH BUYERS ONLY. Seller bought a big investment & no longer has time to finish.

Last Agent to Sell the Property

Charlotte Suntken

Mike Thomas Associates, Inc. Listed on: 12/03/2019

Mike Thomas Associates, Inc.

Last Buyer's Agent

Dianna Hans

Freedom First Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,886 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Backs to Open Ground
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Walkup Attic
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Parking Space
  • Stone Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, trash collection, deposit value
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, sewer, water
  • Assessor Parcel Number 17-09-04-233-002.000-013

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Maintenance Expense $3,600
  • Water Sewer Expense $2,880

Additional Features

  • 4 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: OP W 100' lots 2 & 3 and 10x60' strip NE cor
  • Parcel Number ID: 17-09-04-233-002.000-013
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Attic-Walk-up, Cable Available, Ceiling-9+, Eat-In Kitchen, Open Floor Plan, Porch Covered, Washer Hook-Up
  • Cross Street: King St
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 170904233003000013
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 33
  • Sp Lp Percent: 78.68
  • Monthly Gross Income: 2400
  • Year Taxes Payable: 19
  • Special Features: None

Interior Features

  • Total Sq Ft: 4266
  • Total Finished Sq Ft: 2900
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Sq Ft: 1366
  • Price Per Sq Ft: 18.97
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Wood
  • Main Level Sq Ft: 1534
  • Total Below Grade Sq Ft: 1366
  • Number Of Ranges Ovens: 1

Exterior Features

  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 1
  • Parking: Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 3600
  • Annual Water Sewer Expense: 2880
  • Number Electric Meters: 5
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x100
  • Estimated Lot Sq Ft: 8886
  • Estimated Lot Size Acres: 0.204
  • Lot Number: 2

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating, Trash Collection, Deposit Value

Multi Family

  • Gross Monthly Rent: 2400
  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1785.32

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 20, 2019
Sold by
Mcm Property Investments Llc
Bought by
Lewis Chad
Seller's Agent
Charlotte Suntken
Mike Thomas Associates, Inc.
Buyer's Agent
Dianna Hans
Freedom First Real Estate, LLC
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$150,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,189
Avg. Annual Appreciation
18.84%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lewis Chad -- None Available
Mcm Property Investments Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $55,000 -21.3% $19 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $69,900 -- $24 / 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 $1,376 $71,900 $9,000 $62,900
2023 $1,330 $66,200 $8,200 $58,000
2022 $1,136 $56,800 $6,900 $49,900
2021 $1,020 $51,000 $6,700 $44,300
2020 $1,031 $51,000 $6,700 $44,300
2019 $856 $42,500 $6,700 $35,800
2018 $854 $42,400 $6,700 $35,700
2017 $853 $42,100 $6,700 $35,400
2016 $1,357 $67,300 $6,700 $60,600
2014 $1,258 $62,900 $6,700 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201951693

Indiana Regional MLS

APN: 17-09-04-233-002.000-013