NOT LISTED FOR SALE

106 Osceola Ave Unit 12 Osceola, IN 46561

Estimated Value: $239,000 - $455,321

24 Beds
12 Baths
14,976 Sq Ft
$23/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $625,000 $42 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $2,123/month

32 Days on Market

Highlights

  • Waterfront
  • 2.72 Acre Lot
  • Forced Air Heating and Cooling System
  • Moran Elementary School Rated A
  • 2 Car Attached Garage
  • Water Softener is Owned

About This Home

As of December 2016

Great investment opportunity with 6 buildings and 12 units all with garages separate meters and a full partially finished basement. Excellent rental history, many long term tenants with a cap rate of 11.7%. Call today for additional details.

Last Agent to Sell the Property

Emmon Schmucker

Coldwell Banker Real Estate Group Listed on: 08/25/2016

Coldwell Banker Real Estate Group

Last Buyer's Agent

John Tiffany

Tiffany Group Real Estate Advisors LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1995

Lot Details

  • 2.72 Acre Lot
  • Lot Dimensions are 300x400
  • Waterfront
  • Irregular Lot

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Schools

  • Moran Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well
  • Water Softener is Owned
  • Private Sewer
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating
  • The owner pays for building insurance
  • Assessor Parcel Number 71-10-16-131-005.000-030

Community Details

Overview

  • 6 Buildings
  • 12 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Insurance Expense $5,097
  • Maintenance Expense $9,886

Property Details

Home Type

Apartment

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Waterfront: Yes
  • Year Built: 1995
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 24
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: In Listing office. |
  • Parcel Number ID: 71-10-16-131-005.000-030
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Water Softener-Owned
  • Cross Street: Rogers Street
  • Location: City/Town/Suburb
  • Road Surface: Asphalt
  • Special Features: None

Interior Features

  • Total Sq Ft: 19968
  • Total Finished Sq Ft: 14976
  • Above Grade Finished Sq Ft: 9984
  • Below Grade Finished Sq Ft: 4992
  • Below Grade Sq Ft: 4992
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 9984
  • Number Of Ranges Ovens: 12
  • Number Ttl Rooms Below Grade: 12

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 12
  • Parking: Garage, Off Site

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: Private
  • Water Utilities: Private
  • Electric Company: AEP/I&M
  • Well Type: Private
  • Annual Insurance Expense: 5097
  • Annual Maintenance Expense: 9886.07
  • Number Electric Meters: 12
  • Number Gas Meters: 12
  • Number Of W D Hookups: 12
  • Number Water Meters: 12

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Moran

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 300x400
  • Estimated Lot Sq Ft: 120000
  • Estimated Lot Size Acres: 2.72

Green Features

  • Energy Efficient: Doors

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Electric, Heating

Tax Info

  • Annual Property Tax: 17734.53

Multi Family

  • Number Of Dishwashers: 12
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Num Of2 Bedrooms: 12

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 2, 2016
Sold by
Oc Properties Llc
Bought by
Singh Bhola
Seller's Agent
Emmon Schmucker
Coldwell Banker Real Estate Group
Buyer's Agent
John Tiffany
Tiffany Group Real Estate Advisors LLC
List Price
$660,000
Sold Price
$625,000
Premium/Discount to List
-$35,000
-5.3%
Current Estimated Value
$347,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$277,839
Avg. Annual Appreciation
-6.30%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Singh Bhola -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $625,000 -5.3% $42 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $660,000 -- $44 / 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 $3,581 $379,000 $52,000 $327,000
2023 $3,572 $178,600 $19,000 $159,600
2022 $3,572 $178,600 $19,000 $159,600
2021 $3,244 $161,300 $20,600 $140,700
2020 $3,129 $156,000 $27,600 $128,400
2019 $2,805 $139,800 $24,800 $115,000
2018 $2,903 $137,600 $24,300 $113,300
2017 $2,772 $135,800 $24,300 $111,500
2016 $2,456 $117,300 $20,600 $96,700
2014 $2,567 $115,600 $20,600 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201640382

Indiana Regional MLS

APN: 71-10-16-131-005.000-030