Seller's Agent in 2017
Kami Johnson
Foundations Real Estate Group
(574) 453-6774
4 in this area
62 Total Sales
110 N Union Dr Winona Lake, IN 46590
Estimated Value: $231,000 - $386,000
7
Beds
4
Baths
2,440
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Covered Patio or Porch
- Laundry Facilities
- Warsaw Community High School Rated A-
- Shed
- 3-minute walk to Winona Lake Park
About This Home
As of July 2017Location, location, LOCATION!! This is a great investment opportunity located in Winona Lake! Situated on the greenway trail, steps from Winona Lake park and the new splash pad and just a short walk from the Village at Winona, this diamond in the rough is just waiting for a fresh start. In the past year this building has received new windows, flooring, water heater, four new oven/ranges and two new refrigerators. The furnace was new in the past ten years and the front driveway was completely redone this week. The bathrooms have mostly been updated as well. This property currently has wonderful tenants in all four units that would love to stay on with the new owners. Currently rent's include utilities but with separate meters already installed the option to charge separate utilities is available. The current owners are ready to retire, this property is priced to move quickly so schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,148
Year Built
- Built in 1952
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 41x80
- Level Lot
Home Design
- Quadruplex
- Traditional Architecture
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Crawl Space
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 7 Parking Spaces
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
- Shed
Location
- Suburban Location
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for cable, deposit value
- The owner pays for building insurance, electric, fuel, lawn maintenance, sewer, trash collection, water
- Assessor Parcel Number 43-11-15-300-853.000-033
Community Details
Pet Policy
- Pet Restriction
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,691
- Fuel Expense $1,150
- Insurance Expense $1,560
- Maintenance Expense $3,000
- Trash Expense $2,256
- Water Sewer Expense $799
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2017
Closed on
Jul 13, 2017
Sold by
Nema Llc
Bought by
Winona
Seller's Agent
Kami Johnson
Foundations Real Estate Group
Buyer's Agent
Kathy Hamman
RE/MAX Results- Warsaw
List Price
$129,000
Sold Price
$134,000
Premium/Discount to List
$5,000
3.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,943
Avg. Annual Appreciation
8.76%
Purchase Details
Closed on
Jul 2, 2010
Sold by
Johnson George A and Johnson Evelyn A
Bought by
Nema Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Winona | $134,000 | -- | |
| Nema Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nema Llc | $16,289 | |
| Previous Owner | Nema Llc | $70,000 | |
| Previous Owner | Nema Llc | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2017 07/13/17 | Sold | $134,000 | +3.9% | $55 / Sq Ft |
| 06/11/2017 06/11/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $129,000 | -- | $53 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,366 | $190,700 | $32,900 | $157,800 |
| 2023 | $3,350 | $184,300 | $32,900 | $151,400 |
| 2022 | $3,088 | $167,700 | $30,000 | $137,700 |
| 2021 | $2,583 | $135,100 | $26,200 | $108,900 |
| 2020 | $2,506 | $126,200 | $25,600 | $100,600 |
| 2019 | $2,310 | $116,700 | $24,400 | $92,300 |
| 2018 | $2,263 | $111,000 | $23,000 | $88,000 |
| 2017 | $2,128 | $109,100 | $23,000 | $86,100 |
| 2016 | $2,148 | $107,100 | $23,000 | $84,100 |
| 2014 | $1,916 | $101,600 | $23,000 | $78,600 |
| 2013 | $1,916 | $96,100 | $23,400 | $72,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Kathy Hamman
RE/MAX
(574) 551-9492
16 in this area
110 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201725541
APN: 43-11-15-300-853.000-033
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