NOT LISTED FOR SALE

Estimated Value: $205,000 - $225,866

4 Beds
2 Baths
2,056 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $216,000 $105 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,600/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of July 2022

This investment property is fully occupied 2 bedrooms 1 bath each level well maintained newer roof and HVAC unit

Last Agent to Sell the Property

Eduardo Viruez

RE/MAX Results-Goshen Listed on: 06/27/2022

RE/MAX Results-Goshen

Last Buyer's Agent

Eduardo Viruez

RE/MAX Results-Goshen Listed on: 06/27/2022

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 47x97
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Parking

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

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, heating
  • The owner pays for water
  • Assessor Parcel Number 20-11-15-302-027.000-015

Community Details

Overview

  • 2 Units
  • Goshen College Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,875

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 117
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GOSHEN COLLEGE EX E 49' LOT 28 (TIF139)
  • Parcel Number ID: 20-11-15-302-027.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Detector-Smoke, Eat-In Kitchen, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1750
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2556
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 2056
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 105.06
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 5
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1500
  • Number Of W D Hookups: 2

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, 0-2.9999
  • Lot Dimensions: 47x97
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1750
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3875

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
Jun 27, 2022
Closed on
Aug 23, 2022
Sold by
Armando Heras
Bought by
Benitez Angel
Seller's Agent
Eduardo Viruez
RE/MAX Results-Goshen
Buyer's Agent
Eduardo Viruez
RE/MAX Results-Goshen
List Price
$216,000
Sold Price
$216,000
Current Estimated Value
$218,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,217
Avg. Annual Appreciation
0.63%
Original Mortgage
$162,000
Outstanding Balance
$156,312
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$63,615

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 30, 2020
Sold by
Rdm 65750 Llc
Bought by
Heras Armando
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Eduardo Viruez
RE/MAX Results-Goshen
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%
Original Mortgage
$147,283
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2007
Sold by
Miller Roger K
Bought by
Rdm 65750 Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Thomas Steve and Thomas Linda
Bought by
Miller Roger K

Purchase Details

Closed on
Aug 30, 2002
Sold by
Riegsecker Rental Llc
Bought by
Thomas Steve and Thomas Linda
Source: Public Records

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Range of Values:

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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
Benitez Angel -- Fidelity National Title
Heras Armando $148,755 Fidelity National Title
Rdm 65750 Llc -- Stewart Title
Miller Roger K -- Stewart Title
Thomas Steve -- Stewart Title
Riegsecker Rentals & Investments Llc -- Stewart Title Of Elkhart Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Angel $162,000
Previous Owner Heras Armando $15,200
Previous Owner Heras Armando $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $216,000 0.0% $105 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $216,000 +44.0% $105 / Sq Ft
09/30/2020 09/30/20 Sold $150,000 -3.2% $73 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $155,000 -- $75 / 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 $4,624 $125,800 -- $125,800
2022 $4,624 $185,200 $16,400 $168,800
2021 $3,875 $162,500 $16,400 $146,100
2020 $2,815 $104,400 $0 $104,400
2019 $3,314 $133,800 $16,400 $117,400
2018 $2,964 $126,200 $16,400 $109,800
2017 $2,462 $120,400 $16,400 $104,000
2016 $2,662 $113,800 $16,400 $97,400
2014 $2,056 $99,800 $16,400 $83,400
2013 $2,060 $103,000 $16,400 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202226081

Indiana Regional MLS

APN: 20-11-15-302-027.000-015