NOT LISTED FOR SALE

115 E Central Ave Bluffton, IN 46714

Estimated Value: $120,000 - $167,691

5 Beds
4 Baths
3,128 Sq Ft
$45/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $77,000 $25 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $917/month

2 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Ceiling height of 9 feet or more
  • Bluffton High School Rated 9+
  • Entrance Foyer
  • 5-minute walk to Veteran's Park

About This Home

As of February 2016

*** Bluffton Schools Investment Opportunity *** Currently Rented * 2 Units with Both Main Floor and Upper Level Living Space * Immediate Possession *

Last Agent to Sell the Property

Chandler Gerber

BKM Real Estate Listed on: 02/06/2016

Last Buyer's Agent

Chandler Gerber

BKM Real Estate Listed on: 02/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 70 x 70
  • Irregular Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Bluffton Harrison Elementary And Middle School
  • Bluffton Harrison High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, heating, lawn maintenance, tax
  • Assessor Parcel Number 90-08-04-539-116.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: ORG PT 232 00-26-12 EX W 90" 113/115 E CENTRAL |
  • Parcel Number ID: 90-08-04-539-116.000-004
  • Platted: Yes
  • Amenities: Basement, Near Walking Trail, Cable Available, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Foyer Entry
  • Cross Street: Main St
  • Location: City/Town/Suburb
  • Section Number: 04
  • Sp Lp Percent: 100
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 4094
  • Total Finished Sq Ft: 3128
  • Above Grade Finished Sq Ft: 3128
  • Below Grade Sq Ft: 966
  • Price Per Sq Ft: 24.62
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Wood
  • Main Level Sq Ft: 1708
  • Total Below Grade Sq Ft: 966
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: MSD of Bluffton Harrison
  • Elementary School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • High School: Bluffton Harrison
  • Elementary School: Bluffton Harrison

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 70 x 70
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Heating, Lawn Maintenance, Tax
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 71600
  • Annual Property Tax: 600

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • School District: MSD of Bluffton Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Trinity Properties Llc
Bought by
Bcg Capital Llc
Current Estimated Value
$141,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$89,730
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$43,493

Purchase Details

Closed on
Dec 29, 2011
Sold by
Duke Carrie A
Bought by
Tonner Trvis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,425
Interest Rate
4.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 1997
Sold by
Myers Rick M
Bought by
Linger Inn Development Inc
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
Bcg Capital Llc -- None Available
Tonner Trvis W -- First Bank Of Berne
Linger Inn Development Inc $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcg Capital Llc $120,000
Closed Bcg Capital Llc $120,000
Previous Owner Linger Inn Development Inc $68,425
Previous Owner Pence Carrie A $16,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $77,000 0.0% $25 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $77,000 -- $25 / 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 $1,766 $97,900 $7,400 $90,500
2023 $1,670 $89,100 $7,500 $81,600
2022 $1,481 $86,200 $4,900 $81,300
2021 $1,405 $83,000 $5,700 $77,300
2020 $1,248 $83,000 $4,900 $78,100
2019 $1,204 $71,800 $4,500 $67,300
2018 $1,199 $71,800 $4,500 $67,300
2017 $1,066 $73,700 $4,700 $69,000
2016 $1,167 $76,300 $8,500 $67,800
2014 $608 $69,800 $7,800 $62,000
2013 $609 $70,500 $7,800 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201604691

Indiana Regional MLS

APN: 90-08-04-539-116.000-004