NOT LISTED FOR SALE

113 N Jefferson St Millersburg, IN 46543

Estimated Value: $209,000 - $242,906

6 Beds
4 Baths
1,992 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $102,500 $51 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,511/month

110 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Level Lot
  • Eat-In Kitchen
  • Partially Carpeted

About This Home

As of February 2018

This 2-house 3-unit complex has a good cash flow. All units are occupied.

Last Agent to Sell the Property

Darryl Riegsecker

RE/MAX Results-Goshen Listed on: 10/13/2017

RE/MAX Results-Goshen

Last Buyer's Agent

Norine Troeger

Keller Williams Thrive North

Keller Williams Thrive North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1950

Lot Details

  • 9,196 Sq Ft Lot
  • Lot Dimensions are 70 x 170
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • Michigan Basement
  • Stone or Rock in Basement

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, snow removal
  • The owner pays for electric, sewer, water
  • Assessor Parcel Number 20-12-34-465-010.000-008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $936
  • Insurance Expense $1,000
  • Water Sewer Expense $936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,866

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1950
  • Age: 68
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ORIGINAL LOT 32; &5FT VAC JEFF ST FROM S LINE; OF RR ST TO ALLEY N & PT VAC RR ST S
  • Parcel Number ID: 20-12-34-465-010.000-008
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 85.49
  • Monthly Gross Income: 186
  • Special Features: None

Interior Features

  • Total Sq Ft: 2748
  • Total Finished Sq Ft: 1992
  • Above Grade Finished Sq Ft: 1992
  • Below Grade Sq Ft: 756
  • Basement: Yes
  • Basement Foundation: Partial Basement, Michigan Basement
  • Basement Material: Stone
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 756
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 936
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 936
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Schools

  • School District: Fairfield Community Schools
  • Elementary School: Millersburg
  • Middle School: Fairfield
  • High School: Fairfield

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70 X 170
  • Estimated Lot Sq Ft: 9196
  • Estimated Lot Size Acres: 0.2111

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Sewer, Water
  • Tenant Pays: Electric, Snow Removal

Multi Family

  • Gross Monthly Rent: 1856
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Number Of 4 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Schlabach Larry and Schlabach Wilma
Bought by
Wingard Dorcas C
Current Estimated Value
$227,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$182,372
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$43,292

Purchase Details

Closed on
Oct 27, 2021
Sold by
Miller Jerold L and Miller Alesha J
Bought by
Schlabach Larry and Schlabach Wilma

Purchase Details

Listed on
Oct 13, 2017
Closed on
Feb 23, 2018
Sold by
Randolph Gertaldfine
Bought by
Miller Jerold L and Miller Aledsha J
Seller's Agent
Darryl Riegsecker
RE/MAX Results-Goshen
Buyer's Agent
Norine Troeger
Keller Williams Thrive North
List Price
$119,900
Sold Price
$102,500
Premium/Discount to List
-$17,400
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$76,875
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wingard Dorcas C $230,000 Fidelity National Title Compan
Schlabach Larry $157,500 None Available
Miller Jerold L -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingard Dorcas C $184,000
Previous Owner Miller Jerold L $67,500
Previous Owner Miller Jerold L $76,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $102,500 -14.5% $51 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $119,900 -- $60 / 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 $3,294 $211,300 $17,400 $193,900
2022 $3,294 $168,100 $17,400 $150,700
2021 $2,152 $107,600 $0 $107,600
2020 $2,152 $107,600 $0 $107,600
2019 $2,152 $107,600 $18,000 $89,600
2018 $4,100 $205,000 $18,000 $187,000
2017 $2,142 $107,100 $18,000 $89,100
2016 $1,996 $99,800 $18,000 $81,800
2014 $1,866 $93,300 $18,000 $75,300
2013 $1,824 $91,200 $18,000 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Darryl Riegsecker

    Seller's Agent in 2018

    Darryl Riegsecker

    RE/MAX

    (574) 534-1010

    79 Total Sales

    Darryl Riegsecker
    Section Image
  • Norine Troeger

    Buyer's Agent in 2018

    Norine Troeger

    Keller Williams Thrive North

    (574) 535-4788

    39 Total Sales

    Norine Troeger
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201747125

Indiana Regional MLS

APN: 20-12-34-465-010.000-008

Indiana Elkhart County Millersburg 46543

113 N Jefferson St, Millersburg, IN

This home is located at 113 N Jefferson St, Millersburg, IN 46543 since 13 October 2017 and is currently estimated at $227,227, approximately $114 per square foot. This property was built in 1950. 113 N Jefferson St is a home located in Elkhart County with nearby schools including Millersburg Elementary/Middle School, Fairfield Junior/Senior High School, and Timber View School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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