NOT LISTED FOR SALE

Estimated Value: $340,000 - $564,000

7 Beds
1 Bath
-- Sq Ft
0.25 Acres

Last Sold October 31, 2013

Last sale price $136,500

Est. 218% increase in value since last sale

Current estimated payment $2,738/month

590 Days on Market

Highlights

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of October 2013

Very clean 7 unit building with all utilities split and central air! Vinyl siding, newer 30 year roof - Very well maintained, spacious 1 bedroom units. Unit 7 pays $400/month. All units occupied at time of listing - Good rental history!

Last Agent to Sell the Property

Travis Bontrager

Bontrager Realty, LLC Listed on: 02/21/2012

Last Buyer's Agent

Travis Bontrager

Bontrager Realty, LLC Listed on: 02/21/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Level Lot

Parking

  • 5 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property

Partially Finished Basement

  • Michigan Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Crawl Space

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 20.11.09.430.011

Community Details

Overview

  • 7 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,800
  • Maintenance Expense $8,967
  • Trash Expense $590
  • Water Sewer Expense $2,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 113
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 6
  • Legal Description: Original Plat of Goshen Lot 56 |
  • Parcel Number ID: 20.11.09.430.011
  • Platted: Yes
  • Amenities: Basement
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 88.12
  • Monthly Gross Income: 3000
  • Year Taxes Payable: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl, Michigan Basement, Partially Finished, Unfinished
  • Flooring: Mixed
  • Number Below Grade Bathrooms: 1
  • Number Of Ranges Ovens: 7
  • Number Ttl Rooms Below Grade: 18

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2800
  • Annual Maintenance Expense: 8967
  • Annual Trash Expense: 590
  • Annual Water Sewer Expense: 2100

Condo/Co-op/Association

  • 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: 66 x 165 +/-

Rental Info

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

Multi Family

  • Gross Monthly Rent: 3000
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Num Of1 Bedrooms: 6
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 3447

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
Feb 21, 2012
Closed on
Oct 31, 2013
Sold by
Bontrager Roderick D and Bontrager Travis J
Bought by
Crhh Llc
Seller's Agent
Travis Bontrager
Bontrager Realty, LLC
Buyer's Agent
Travis Bontrager
Bontrager Realty, LLC
List Price
$164,900
Sold Price
$136,500
Premium/Discount to List
-$28,400
-17.22%
Current Estimated Value
$434,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,722
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Wilbur M Smith Revocable Living Trust
Bought by
Bontrager Roderick D and Bontrager Travis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.1%
Mortgage Type
Unknown
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
Crhh Llc -- Meridian Title Corp
Bontrager Roderick D -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bontrager Roderick D $137,600
Previous Owner Bontrager Roderick D $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $136,500 -17.2% --
10/03/2013 10/03/13 Pending -- -- --
02/21/2012 02/21/12 For Sale $164,900 -- --
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 $17,486 $384,400 $12,900 $371,500
2022 $8,877 $307,600 $12,900 $294,700
2021 $6,546 $274,100 $12,900 $261,200
2020 $5,255 $195,400 $15,000 $180,400
2019 $4,833 $195,400 $15,000 $180,400
2018 $4,564 $194,700 $15,000 $179,700
2017 $3,939 $193,100 $15,000 $178,100
2016 $4,115 $193,100 $15,000 $178,100
2014 $4,064 $197,300 $15,000 $182,300
2013 $3,760 $188,000 $15,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666579

Indiana Regional MLS

APN: 20-11-09-430-011.000-015