NOT LISTED FOR SALE

110 Home Ave Churubusco, IN 46723

Estimated Value: $200,061 - $222,000

4 Beds
3 Baths
2,122 Sq Ft
$101/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $80,000 $38 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,367/month

124 Days on Market

Highlights

  • Utility Sink
  • Double Pane Windows
  • Water Softener is Owned
  • Eat-In Kitchen
  • Landscaped
  • Ceiling Fan

About This Home

As of June 2018

Very nice triplex with (2) 1 bedroom main floor units and (1) 2 bedroom unit with one bedroom on the main floor and 1 bedroom plus a storage room upstairs. (2) 1 bedroom units have electric heat and the 2 bedroom unit has natural gas hot water heat. No central air but all units have either wall or window air conditioners. Seller pays water & sewer & trash. Tenants pay electric (3 meters) and gas. All leases have expired and seller says 3 great long term tenants who would like to stay. Deposits=1 month's rent. Windows have been replaced in 2013/2014. Trash bill included with water & sewer bill.

Last Agent to Sell the Property

Greg Fahl

Orizon Real Estate, Inc. Listed on: 01/10/2018

Last Buyer's Agent

Greg Fahl

Orizon Real Estate, Inc. Listed on: 01/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,948

Year Built

  • Built in 1900

Lot Details

  • 0.65 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Private Parking
  • Stone Driveway
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, deposit value
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water, water softener
  • Assessor Parcel Number 92-04-13-000-215.900-010

Community Details

Overview

  • $13 Other Monthly Fees
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $705
  • Maintenance Expense $1,160
  • Water Sewer Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,948

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT N2 SE4 EX .17A S13 T32 R10 .65A |
  • Parcel Number ID: 92-04-13-000-215.900-010
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Storm Doors, Utility Sink, Water Heater Electric, Water Softener-Owned
  • Cross Street: Main St
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 13
  • Sp Lp Percent: 88.99
  • Annual Miscellaneous: 700
  • Monthly Gross Income: 1175
  • Special Features: None

Interior Features

  • Total Sq Ft: 2452
  • Total Finished Sq Ft: 2122
  • Above Grade Finished Sq Ft: 2122
  • Above Grade Unfinished Sq Ft: 330
  • Price Per Sq Ft: 37.7
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Laminate, Vinyl
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Private

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Electricity, Gas, Baseboard, Ceiling, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 705
  • Annual Maintenance Expense: 1160
  • Annual Water Sewer Expense: 2400
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: Recycle (3 Units)
  • Other Fees Dollar: 159

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco

Lot Info

  • Lot Description: Level, 0-2.9999
  • Estimated Lot Sq Ft: 28314
  • Estimated Lot Size Acres: 0.65

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Rental Info

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

Tax Info

  • Total Assessed Value: 93600
  • Exemptions: Mortgage
  • Annual Property Tax: 1948

Multi Family

  • Gross Monthly Rent: 1175
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2018
Sold by
Neary Steven J and Neary Tricia M
Bought by
Ajrj Properties Llc
Total Days on Market
124
Current Estimated Value
$214,354
Source: Public Records

Range of Values:

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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
Ajrj Properties Llc -- North American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $80,000 -11.0% $38 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $89,900 -- $42 / 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 $2,031 $137,100 $26,300 $110,800
2023 $3,075 $127,800 $25,000 $102,800
2022 $2,673 $115,100 $21,400 $93,700
2021 $2,296 $96,700 $21,400 $75,300
2020 $2,011 $87,800 $18,200 $69,600
2019 $2,153 $86,000 $18,200 $67,800
2018 $2,433 $98,000 $18,200 $79,800
2017 $2,031 $93,600 $18,200 $75,400
2016 $1,948 $89,200 $18,200 $71,000
2014 $1,690 $84,500 $18,200 $66,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201801357

Indiana Regional MLS

APN: 92-04-13-000-215.900-010