NOT LISTED FOR SALE

109 E Broad St Angola, IN 46703

Estimated Value: $155,000 - $245,000

4 Beds
2 Baths
2,264 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $130,000 $57 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,288/month

12 Days on Market

Highlights

  • Shed
  • Forced Air Heating System
  • Wood Siding
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

As of May 2024

Looking for a duplex with a great location to add to your investment portfolio? This Duplex is conveniently located 2 blocks from the downtown (mound) area with Dollar General & Wings Etc. only 1 block away. Trine University is also close by. Main floor unit is 2 bedroom, 1 bath, laundry, and unfinished basement for storage. Upstairs unit is 2 bedroom & 1 bath. Stable long-term renters with good pay history, great for the investor looking for immediate income.

Last Agent to Sell the Property

Alice Fitzpatrick-Welch

Coldwell Banker Real Estate Group Brokerage Phone: 260-668-1553 Listed on: 04/08/2024

Coldwell Banker Real Estate Group

Last Buyer's Agent

Mason Arent

United Country Real Estate/Anchor Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1867

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x159
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Laundry in Kitchen
  • Partially Finished Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Carlin Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, lawn maintenance, snow removal
  • The owner pays for electric, heating, water
  • Assessor Parcel Number 76-06-26-130-615.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,482
  • Fuel Expense $1,482
  • Insurance Expense $1,100
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1867
  • Style: One and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NE 1/4 Sec 26 .16ac
  • Parcel Number ID: 76-06-26-130-615.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2812
  • Total Finished Sq Ft: 2264
  • Above Grade Finished Sq Ft: 2264
  • Below Grade Sq Ft: 548
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1236
  • Total Below Grade Sq Ft: 548
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Stories: 1.5
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 1482
  • Annual Fuel Expense: 1482
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 2000
  • Annual Water Sewer Expense: 1260
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • Elementary School: Carlin Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x159
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Electric, Heating, Water
  • Tenant Pays: Cable, Lawn Maintenance, Snow Removal

Tax Info

  • Annual Property Tax: 2438.3

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2

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
Apr 8, 2021
Closed on
Apr 9, 2021
Sold by
Happ Enterprise Llc
Bought by
Schultz Nickolas F
Seller's Agent
Kyra Fitzpatrick-Happ
Coldwell Banker Real Estate Group
Buyer's Agent
Alice Fitzpatrick-Welch
Coldwell Banker Real Estate Group
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$204,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,305
Avg. Annual Appreciation
14.05%
Original Mortgage
$82,500
Outstanding Balance
$74,488
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$129,818

Purchase Details

Closed on
Dec 13, 2018
Sold by
Saylor Todd C and Seifert Traci J
Bought by
Happ James R and Happ Kyra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2018
Sold by
Happ James R and Happ Kyra R
Bought by
Happ Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2017
Sold by
Saylor Todd C and Saylor Traci J
Bought by
Happ Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 11, 2005
Sold by
Baidinger William and Wren James C
Bought by
Saylor Todd C and Sasylor Traci J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
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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
Schultz Nickolas F -- First American Title
Happ James R -- Metropolitan Title Of Indian
Happ Enterprise Llc -- Metropolitan Title Of Indian
Happ Enterprise Llc $72,000 None Available
Saylor Todd C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Nickolas F $82,500
Previous Owner Happ James R $54,000
Previous Owner Happ Enterprise Llc $72,000
Previous Owner Saylor Todd C $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $130,000 -23.5% $57 / Sq Ft
04/08/2024 04/08/24 For Sale $170,000 +54.5% $75 / Sq Ft
04/09/2021 04/09/21 Sold $110,000 0.0% $45 / Sq Ft View Prior Sale
04/08/2021 04/08/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $110,000 -- $45 / 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 $2,603 $142,800 $12,800 $130,000
2023 $2,561 $130,800 $11,700 $119,100
2022 $2,385 $129,400 $11,300 $118,100
2021 $2,405 $120,600 $12,100 $108,500
2020 $2,143 $110,500 $11,600 $98,900
2019 $1,856 $92,600 $11,600 $81,000
2018 $1,723 $85,400 $11,400 $74,000
2017 $1,565 $77,500 $11,400 $66,100
2016 $1,551 $80,600 $12,000 $68,600
2014 $1,612 $80,600 $12,300 $68,300
2013 $1,612 $80,600 $12,200 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202411499

Indiana Regional MLS

APN: 76-06-26-130-615.000-012