NOT LISTED FOR SALE

110 W 2nd St Auburn, IN 46706

Estimated Value: $193,502 - $269,000

8 Beds
5 Baths
2,852 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $117,500 $41 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,489/month

289 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Covered patio or porch
  • Shed
  • 2-minute walk to Shipwreck Park

About This Home

As of July 2016

A perfect investment opportunity. This Duplex and Efficiency apartment has been very well kept up and it shows through out. The Duplex offers three bedrooms, two full baths, dining room, large kitchen, nice size living area, plus a full basement. The efficiency can house no more than two people. Both sides have a great front porch and private rear patio that they can share. One very positive thing to add is that both tenants have been there over five years. If you are looking for an investment opportunity this is one you won't want to miss

Last Listed By

Bonnie Ranger

RE/MAX Results Listed on: 08/07/2015

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1890

Lot Details

  • 4,622 Sq Ft Lot
  • Lot Dimensions are 70x66
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • 1 Bedroom in Basement

Parking

  • 3 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • Suburban Location

Schools

  • Mckenney-Harrison Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 17-06-29-376-006.000-025

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $916
  • Maintenance Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,066

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 126
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: OP S1/2 Lot 22 |
  • Parcel Number ID: 17-06-29-376-006.000-025
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Countertops-Laminate, Eat-In Kitchen, Patio Covered, Patio Open, Water Heater Gas
  • Cross Street: Jackson
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 6 29F2
  • Sp Lp Percent: 87.04
  • Monthly Gross Income: 1525
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 4278
  • Total Finished Sq Ft: 2852
  • Above Grade Finished Sq Ft: 1426
  • Below Grade Finished Sq Ft: 1426
  • Below Grade Sq Ft: 1426
  • Price Per Sq Ft: 82.4
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 2852
  • Number Of Disposals: 1
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Block
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 54

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 916
  • Annual Maintenance Expense: 350
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Dekalb Central United
  • Elementary School: McKenney-Harrison
  • Middle School: Dekalb
  • High School: Dekalb
  • Elementary School: McKenney-Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70X66
  • Estimated Lot Sq Ft: 4622
  • Estimated Lot Size Acres: 0.107
  • Lot Number: 22

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 8
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2066

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Jul 15, 2016
Sold by
Shade Tree Apartments Llc
Bought by
Starkey Aaron Pr and Starkey Lisa K
Seller's Agent
Bonnie Ranger
RE/MAX Results
Buyer's Agent
Bonnie Ranger
RE/MAX Results
List Price
$135,000
Sold Price
$117,500
Premium/Discount to List
-$17,500
-12.96%
Total Days on Market
289
Current Estimated Value
$233,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,876
Avg. Annual Appreciation
10.51%
Original Mortgage
$88,125
Outstanding Balance
$71,835
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$211,896

Purchase Details

Closed on
Jul 2, 2002
Sold by
Walter and Lisa
Bought by
Shade Tree Apartments Llc

Purchase Details

Closed on
May 6, 2002
Sold by
Collins Buford H
Bought by
Walter Scott and Walter Lisa

Range of Values:

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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
Starkey Aaron Pr -- --
Shade Tree Apartments Llc -- --
Walter Scott $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starkey Aaron Pr $88,125
Previous Owner Ley Michael D $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $117,500 -13.0% $41 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
08/07/2015 08/07/15 For Sale $135,000 -- $47 / 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 $2,342 $139,500 $16,600 $122,900
2023 $2,342 $135,800 $15,400 $120,400
2022 $2,302 $131,100 $13,900 $117,200
2021 $2,332 $126,500 $13,200 $113,300
2020 $2,298 $126,500 $13,200 $113,300
2019 $2,245 $120,800 $13,200 $107,600
2018 $2,289 $117,900 $13,200 $104,700
2017 $2,072 $104,700 $13,200 $91,500
2016 $2,054 $104,000 $13,200 $90,800
2014 $2,062 $102,500 $13,200 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201538416

Indiana Regional MLS

APN: 17-06-29-376-006.000-025