NOT LISTED FOR SALE

Estimated Value: $276,000 - $359,000

6 Beds
4 Baths
3,707 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $179,000 $48 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,147/month

2 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Level Lot
  • Covered Patio or Porch
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2020

This is your chance to own a piece of history! Excellent revenue producing property in the heart of downtown Goshen. Lower level has 2 two-bedroom units and upper level has 2 one-bedroom units. Wanting to live in the building and have the tenants pay your mortgage for you? Owner occupied management opportunity is currently available as one of the upper units (one-bedroom apartment) is vacant! Common shared laundry room for all tenants in rear of building. New roof and new furnaces installed in all units in 2015. Parking lot is included in sale of building. Back row of parking produces an EXTRA $800 in income per year! Landlord pays water/sewer/trash.

Last Agent to Sell the Property

Amy Warner

Berkshire Hathaway Home Services Elk2 Listed on: 08/21/2020

Berkshire Hathaway Home Services Elk2

Last Buyer's Agent

David Stump

Berkshire Hathaway HomeServices Goshen

Berkshire Hathaway HomeServices Goshen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 65 x 155
  • Level Lot

Parking

  • 16 Parking Spaces

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chandler Elementary School
  • Goshen Middle School
  • Goshen High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 20-11-09-430-004.000-015

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,500

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1920
  • Age: 100
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Original 68; (Tif 97)
  • Parcel Number ID: 20-11-09-430-004.000-015
  • Platted: Yes
  • Amenities: Porch Covered, Water Heater Gas
  • Sp Lp Percent: 94.26
  • Monthly Gross Income: 2690
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 5705
  • Total Finished Sq Ft: 3707
  • Above Grade Finished Sq Ft: 3707
  • Below Grade Sq Ft: 1998
  • Price Per Sq Ft: 48.29
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 1998
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Annual Water Sewer Expense: 1500
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Goshen Community Schools
  • Elementary School: Chandler
  • Middle School: Goshen
  • High School: Goshen
  • Elementary School: Chandler

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 65 x 155
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2065
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 5047

MLS Schools

  • High School: Goshen
  • Middle School: Goshen
  • School District: Goshen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 21, 2020
Sold by
Snyder Jr Virgil L
Bought by
Ten Sleep Llc
Seller's Agent
Amy Warner
Berkshire Hathaway Home Services Elk2
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$189,900
Sold Price
$179,000
Premium/Discount to List
-$10,900
-5.74%
Current Estimated Value
$315,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,551
Avg. Annual Appreciation
11.93%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 11, 2020
Sold by
Snyder Jr Virgil L
Bought by
Ten Sleep Llc
Seller's Agent
Amy Warner
Berkshire Hathaway Home Services Elk2
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$189,900
Sold Price
$179,000
Premium/Discount to List
-$10,900
-5.74%
Source: Public Records

Range of Values:

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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
Ten Sleep Llc -- Title Resource Agency
Ten Sleep Llc -- Title Resource Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $179,000 -5.7% $48 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $189,900 -- $51 / 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 $5,137 $372,400 $35,000 $337,400
2022 $5,137 $205,800 $0 $205,800
2021 $4,280 $179,000 $0 $179,000
2020 $4,815 $203,600 $0 $203,600
2019 $5,047 $204,100 $35,000 $169,100
2018 $4,774 $203,700 $35,000 $168,700
2017 $3,809 $186,700 $35,000 $151,700
2016 $3,921 $186,400 $35,000 $151,400
2014 $4,214 $221,300 $35,000 $186,300
2013 $4,326 $216,300 $35,000 $181,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202033303

Indiana Regional MLS

APN: 20-11-09-430-004.000-015