NOT LISTED FOR SALE

Estimated Value: $177,602 - $206,000

4 Beds
2 Baths
1,503 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $155,088 $103 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,056/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • Ceiling Fan
  • Carpet

About This Home

As of January 2022

GREAT INVESTMENT OPPORTUNITY!! Side By Side Ranch Duplex with a Huge Pole Barn with many updates already completed. Metal roof, vinyl siding, windows, water heaters, well and septic system all new within the past 3 years! Each unit has 2 bedrooms & 1 bathroom. 2 Electric and 2 gas meters. 2 sheds included. The HUGE 30 x 42 pole barn is great for storage or a workshop! Topping it all off is the nearly acre lot all of this sits on!

Last Agent to Sell the Property

Stephen Bottom

Realty Group Resources Listed on: 10/27/2021

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1937

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 133 x 262
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Outbuilding
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for lawn maintenance, snow removal, trash collection
  • Assessor Parcel Number 20-06-17-303-029.000-009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,250
  • Maintenance Expense $2,200
  • Trash Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,624

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1937
  • Age: 84
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN SW1/4 SW SEC 17 .79A
  • Parcel Number ID: 20-06-17-303-029.000-009
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Deck Open, Detector-Smoke, Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.99
  • Monthly Gross Income: 1200
  • Special Features: None

Interior Features

  • Total Sq Ft: 1503
  • Total Finished Sq Ft: 1503
  • Above Grade Finished Sq Ft: 1503
  • Price Per Sq Ft: 103.19
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1503
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Stories: 1
  • Outbuilding: Pole/Post Building
  • Outbuilding Sq Ft: 1260

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Off Street, Paved, Private

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Well Type: Private
  • Annual Insurance Expense: 1250
  • Annual Maintenance Expense: 2200
  • Annual Trash Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

  • School District: Concord Community Schools
  • Elementary School: Concord West Side
  • Middle School: Concord
  • High School: Concord

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 133 x 262
  • Estimated Lot Sq Ft: 34848
  • Estimated Lot Size Acres: 0.8

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1170
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 19, 2022
Sold by
Cline Mary A
Bought by
Argueta Maria Merlin Herna
Seller's Agent
Stephen Bottom
Realty Group Resources
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$159,900
Sold Price
$155,088
Premium/Discount to List
-$4,812
-3.01%
Current Estimated Value
$188,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,063
Avg. Annual Appreciation
5.33%
Original Mortgage
$152,278
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 14, 2022
Sold by
Cline Mary A
Bought by
Argueta Maria Merlin Herna
Seller's Agent
Stephen Bottom
Realty Group Resources
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$159,900
Sold Price
$155,088
Premium/Discount to List
-$4,812
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,278
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2007
Sold by
Hud
Bought by
Cline Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Chase Home Finance Llc
Bought by
Hud

Purchase Details

Closed on
Jan 24, 2007
Sold by
Quick Tracey L and Quick Dewayne L
Bought by
Chase Home Finance Llc
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
Argueta Maria Merlin Herna -- Near North Title Group
Argueta Maria Merlin Herna $155,088 Near North Title Group
Cline Mary A -- Village Title Inc
Hud -- None Available
Chase Home Finance Llc $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Argueta Maria Merlin Herna $152,278
Closed Argueta Maria Merlin Herna $152,278
Previous Owner Cline Mary A $46,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $155,088 -3.0% $103 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $159,900 -- $106 / 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 $697 $112,700 $17,000 $95,700
2022 $697 $72,900 $17,000 $55,900
2021 $1,390 $67,300 $17,000 $50,300
2020 $1,639 $68,000 $17,000 $51,000
2019 $1,553 $63,800 $12,800 $51,000
2018 $1,551 $63,700 $12,800 $50,900
2017 $1,566 $63,800 $12,800 $51,000
2016 $1,574 $63,100 $12,800 $50,300
2014 $1,519 $62,800 $12,800 $50,000
2013 $1,395 $67,000 $17,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202145226

Indiana Regional MLS

APN: 20-06-17-303-029.000-009