$279,900
$92K PRICE INCREASE

109 E Broad St Angola, IN 46703

Estimated payment $1,749/month

Total Views 16,912
4 Beds
2 Baths
2,264 Sq Ft
$124 Price per Sq Ft

Highlights

  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

Interested in adding a well-located duplex to your investment portfolio or to House hack? This property offers a prime location just two blocks from the downtown Mound area, The Hospital and Trine University is also nearby. The main floor unit features 2 bedrooms, 1 bath, laundry, and an unfinished basement for storage. The upstairs unit includes 2 bedrooms and 1 bath. With reliable long-term tenants and a solid rental history, this is an excellent opportunity for investors seeking immediate rental income. Fully occupied and cash flowing! 8% cash on cash Return!

Listing Agent

Tammie Jones

Open Door Rentals and Real Estate Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1867

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 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

Listing and Financial Details

  • The owner pays for electric, heating, water
  • Assessor Parcel Number 76-06-26-130-615.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 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
  • Age: 158
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade 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
  • Monthly Gross Income: 1875
  • Year Taxes Payable: 2024
  • 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
  • Price Per Sq Ft: 123.63
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 548
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 0.1600/6970/50x159
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1875
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2438.3

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,300 $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

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $279,900 0.0% $124 / Sq Ft
07/28/2025 07/28/25 Price Changed $279,900 +60.9% $124 / Sq Ft
03/17/2025 03/17/25 Off Market $174,000 -- --
02/25/2025 02/25/25 Price Changed $174,000 -2.8% $77 / Sq Ft
12/18/2024 12/18/24 Price Changed $179,000 -0.6% $79 / Sq Ft
11/19/2024 11/19/24 Price Changed $180,000 -4.3% $80 / Sq Ft
10/18/2024 10/18/24 For Sale $188,000 +44.6% $83 / Sq Ft
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
04/08/2021 04/08/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $110,000 -- $45 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- Metropolitan Title Of Indian
Quit Claim Deed -- Metropolitan Title Of Indian
Land Contract $72,000 None Available
Commissioners Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,500 New Conventional
Previous Owner $54,000 New Conventional
Previous Owner $72,000 Land Contract Argmt. Of Sale
Previous Owner $56,000 Unknown
Previous Owner $57,600 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202440451

Indiana Regional MLS

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