NOT LISTED FOR SALE

1102 S Main St Auburn, IN 46706

Estimated Value: $185,000 - $223,000

4 Beds
3 Baths
1,816 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $74,000 $41 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,329/month

3 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot
  • 1 Car Detached Garage
  • Baseboard Heating
  • Carpet

About This Home

As of May 2018

Triplex brings positive cash flow! Fully Occupied. 3 bedroom, 1 bedroom and a efficiency. All rented. Long term tenants. Corner lot. Newer roof. Detached garage.

Last Agent to Sell the Property

Tammie Jones

Open Door Rentals and Real Estate Listed on: 04/03/2018

Last Buyer's Agent

Tammie Jones

Open Door Rentals and Real Estate Listed on: 04/03/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x100
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Laundry in Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $1,596
  • Water Sewer Expense $1,012

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 17-06-32-186-001.000-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,840

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 78
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Op E Z E 40' |
  • Parcel Number ID: 17-06-32-186-001.000-025
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Porch Covered
  • Sp Lp Percent: 87.16
  • Annual Miscellaneous: 1405
  • Monthly Gross Income: 590
  • Special Features: None

Interior Features

  • Total Sq Ft: 1816
  • Total Finished Sq Ft: 1816
  • Above Grade Finished Sq Ft: 1816
  • Price Per Sq Ft: 40.75
  • Basement: Yes
  • Basement Foundation: Crawl, Slab, Partial Basement
  • Basement Material: Block, Brick, Stone
  • Flooring: Carpet
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 10

Exterior Features

  • Exterior: Stucco
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 288

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 1596
  • Annual Water Sewer Expense: 1012
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x100
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Sewer, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1205
  • Number Of Refrigerators: 3
  • Number Of Units: 1
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 18, 2018
Sold by
Midwest Prefered Properties Llc
Bought by
Depew Larry
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Tammie Jones
Open Door Rentals and Real Estate
List Price
$84,900
Sold Price
$74,000
Premium/Discount to List
-$10,900
-12.84%
Total Days on Market
3
Current Estimated Value
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,000
Avg. Annual Appreciation
16.93%
Original Mortgage
$59,200
Outstanding Balance
$51,622
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$172,711

Purchase Details

Closed on
Jul 1, 1995
Sold by
Cunningham Ralph M
Bought by
Cunningham Dan D
Source: Public Records

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
Depew Larry -- None Available
Cunningham Dan D $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depew Larry $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $74,000 -12.8% $41 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $84,900 -- $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 $3,024 $182,100 $24,300 $157,800
2023 $2,946 $171,600 $22,700 $148,900
2022 $2,692 $153,900 $20,000 $133,900
2021 $2,376 $129,500 $17,100 $112,400
2020 $1,939 $107,300 $15,600 $91,700
2019 $1,984 $107,300 $15,600 $91,700
2018 $1,876 $97,000 $15,600 $81,400
2017 $1,840 $93,400 $15,600 $77,800
2016 $1,816 $90,500 $15,600 $74,900
2014 $1,604 $80,200 $15,600 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201812502

Indiana Regional MLS

APN: 17-06-32-186-001.000-025