NOT LISTED FOR SALE

Estimated Value: $223,391 - $279,000

4 Beds
4 Baths
2,160 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $69,500 $32 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $1,744/month

6 Days on Market

Highlights

  • Shed
  • Level Lot
  • 4-minute walk to Water Tower Park
  • Forced Air Heating System
  • Carpet

About This Home

As of June 2016

Great investment! Four unit in well maintained condition. Nice floor plan with large foyer/common area. Separate utility meters. Low vacancy. Unit 4 tenant is a long-term tenant and does yard maintenance for a reduced monthly rent. Great opportunity!

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 05/16/2016

RE/MAX Results-Goshen

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

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Parkside Elementary School
  • Goshen Middle School
  • Goshen High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for fuel
  • The owner pays for electric, sewer, tax, water
  • Assessor Parcel Number 20-11-15-302-023.000-015

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,680
  • Insurance Expense $1,441
  • Maintenance Expense $802
  • Water Sewer Expense $1,300

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: 96
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Goshen College Lot 23 & S 5ft; Lot 21 (TIF 139) |
  • Parcel Number ID: 20-11-15-302-023.000-015
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.29
  • Monthly Gross Income: 1380
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2968
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 808
  • Price Per Sq Ft: 32.18
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 808
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Garden Shed
  • Outbuilding Sq Ft: 72

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 1680
  • Annual Insurance Expense: 1441
  • Annual Maintenance Expense: 802
  • Annual Water Sewer Expense: 1300
  • Number Electric Meters: 5
  • Number Gas Meters: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .17 acre
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Electric, Sewer, Tax, Water
  • Tenant Pays: Fuel

Multi Family

  • Gross Monthly Rent: 1380
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1917.9

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2017
Sold by
Stiffney Joshua
Bought by
Ten Sleep Llc
Current Estimated Value
$246,348

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 23, 2016
Sold by
Grindle Dan R and Grindle Sherri L
Bought by
Stiffney Joshua
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$74,500
Sold Price
$69,500
Premium/Discount to List
-$5,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$56,522
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 21, 2016
Sold by
Stoltzfus Eric J and Stoltzfus Ruth Ann
Bought by
Grindle Dan R and Grindle Sherri L
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$74,500
Sold Price
$69,500
Premium/Discount to List
-$5,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,522
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2015
Sold by
Horst Mary Edith and Horst Aden H
Bought by
Stoltzfus Eric J and Stoltzfus Ruth Ann

Purchase Details

Closed on
Sep 30, 2005
Sold by
Stoltzfus Eric J and Stoltzfus Ruth Ann
Bought by
Grindle Dan R and Grindle Sherri L
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
Ten Sleep Llc -- None Available
Stiffney Joshua -- Metropolitan Title
Grindle Dan R -- Metropolitan Title
Stoltzfus Eric J -- None Available
Grindle Dan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stiffney Joshua $56,522
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $69,500 -6.7% $32 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $74,500 -- $34 / 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 $4,466 $217,100 $21,500 $195,600
2022 $4,466 $178,900 $0 $178,900
2021 $3,729 $155,600 $21,500 $134,100
2020 $2,502 $92,600 $11,800 $80,800
2019 $2,302 $92,600 $11,800 $80,800
2018 $2,175 $92,300 $11,800 $80,500
2017 $1,876 $91,400 $11,800 $79,600
2016 $1,937 $91,500 $11,800 $79,700
2014 $2,078 $100,900 $11,800 $89,100
2013 -- $98,700 $11,900 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201622225

Indiana Regional MLS

APN: 20-11-15-302-023.000-015