$195,000
SOLD MAR 27, 2025

1125 Summit St New Haven, IN 46774

4 Beds
3 Baths
2,110 Sq Ft
0.46 Acres

Recently Sold

$92 Per Sq Ft

4% Below List Price

128 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2025

Incredible investment opportunity! This spacious, updated 4-bedroom triplex features new windows, a durable slate roof, and three updated furnaces, providing year-round comfort for tenants. Each unit is thoughtfully maintained and has separate utilities, Gas and electric have separate meters making it easy to manage. Move-in ready and perfect for investors looking to expand their portfolio with minimal upkeep, this property offers strong rental potential. Don’t miss out on this chance!

Last Agent to Sell the Property

April West

Scheerer McCulloch Real Estate Listed on: 11/12/2024

Last Buyer's Agent

Sean Stinson

E. L. S. Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1920

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 101x197
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outbuilding

Schools

  • New Haven Elementary And Middle School
  • New Haven High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • H Burgess Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-13-12-186-017.000-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,636

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 105
  • Style: Tri-Level
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: H BURGESS 1ST S 1/2 LOT 87
  • Parcel Number ID: 02-13-12-186-017.000-041
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 95.64
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2923
  • Total Finished Sq Ft: 2110
  • Above Grade Finished Sq Ft: 2110
  • Below Grade Sq Ft: 813
  • Price Per Sq Ft: 92.42
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 813

Exterior Features

  • Exterior: Vinyl
  • Stories: 2
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 520

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: East Allen County
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven
  • Elementary School: New Haven

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 101X197
  • Estimated Lot Sq Ft: 19897
  • Estimated Lot Size Acres: 0.46

Tax Info

  • Annual Property Tax: 1636

Multi Family

  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: New Haven
  • Middle School: New Haven
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Mar 27, 2025
Sold by
Wcc Properties Llc
Bought by
J Carl Rovsek Living Trust and Danyluk
Seller's Agent
April West
Scheerer McCulloch Real Estate
Buyer's Agent
Sean Stinson
E. L. S. Realty Group
List Price
$203,900
Sold Price
$195,000
Premium/Discount to List
-$8,900
-4.36%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 14, 2024
Sold by
Derksen Calvin W
Bought by
Wcc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lyvers Robert A and Lyvers Daniel Lee
Bought by
Derksen Calvin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $195,000 Centurion Land Title
Personal Reps Deed $70,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Construction
Previous Owner $57,135 New Conventional
Previous Owner $165,750 Unknown
Previous Owner $59,000 Fannie Mae Freddie Mac
Previous Owner $55,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $195,000 0.0% $92 / Sq Ft
03/27/2025 03/27/25 Sold $195,000 -4.4% $92 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/20/2025 03/20/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $203,900 0.0% $97 / Sq Ft
03/13/2025 03/13/25 Price Changed $203,900 0.0% $97 / Sq Ft
03/13/2025 03/13/25 For Sale $203,900 0.0% $97 / Sq Ft
03/13/2025 03/13/25 Price Changed $203,900 -0.5% $97 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/25/2025 02/25/25 Pending -- -- --
01/18/2025 01/18/25 Price Changed $204,900 0.0% $97 / Sq Ft
01/18/2025 01/18/25 Price Changed $204,900 -1.4% $97 / Sq Ft
12/13/2024 12/13/24 Price Changed $207,900 0.0% $99 / Sq Ft
12/13/2024 12/13/24 Price Changed $207,900 -1.0% $99 / Sq Ft
11/12/2024 11/12/24 For Sale $209,900 0.0% $99 / Sq Ft
11/12/2024 11/12/24 For Sale $209,900 -- $99 / 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 $1,636 $160,900 $20,600 $140,300
2023 $1,631 $146,300 $23,200 $123,100
2022 $1,164 $112,100 $23,200 $88,900
2021 $1,206 $111,700 $23,200 $88,500
2020 $1,105 $104,200 $23,200 $81,000
2019 $1,098 $98,000 $23,200 $74,800
2018 $1,121 $98,100 $23,200 $74,900
2017 $1,079 $95,000 $23,200 $71,800
2016 $535 $52,000 $23,200 $28,800
2014 $506 $48,800 $23,200 $25,600
2013 $509 $48,800 $23,200 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202443893

Indiana Regional MLS

APN: 02-13-12-186-017.000-041