NOT LISTED FOR SALE

11531 N Syracuse Webster Rd Unit 6 Syracuse, IN 46567

Estimated Value: $285,000 - $535,000

6 Beds
6 Baths
4,681 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $130,000 $28 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,232/month

55 Days on Market

About This Home

As of May 2016

Huge Income Opportunity!! 6 units including 6 refrigerators, 6 window air conditioners and 6 stoves! Also included, 1 dishwasher, 2 built in microwaves and window coverings. Motivated seller, quiet setting close to town! http://www.stonehousetour.com/ Auction Open House: May 6, 5-6 pm Auction: May 16, 2016 6 pm at the property

Last Listed By

Chad Metzger

Metzger Property Services, LLC Listed on: 03/23/2016

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1910

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 156x228

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cable, electric, heating, trash collection
  • The owner pays for building insurance
  • Assessor Parcel Number 43-04-18-100-269.000-025

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $816
  • Insurance Expense $1,793
  • Maintenance Expense $270
  • Trash Expense $884

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,228

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 106
  • Style: One and Half Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: 007-069-018.BA Tr Se Ne 18-34-7 1.00A
  • Parcel Number ID: 43-04-18-100-269.000-025
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 2335.02
  • Monthly Gross Income: 3080
  • Special Features: None

Interior Features

  • Total Sq Ft: 6830
  • Total Finished Sq Ft: 4681
  • Above Grade Finished Sq Ft: 4681
  • Below Grade Sq Ft: 2149
  • Price Per Sq Ft: 27.77
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 2149
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 6

Exterior Features

  • Exterior: Vinyl
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Electricity
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Electric: 816.47
  • Annual Insurance Expense: 1793.39
  • Annual Maintenance Expense: 270
  • Annual Trash Expense: 884.24
  • Number Of W D Hookups: 1

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Dimensions: 156x228
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1
  • Zoning: AG General Agriculture District

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Electric, Heating, Trash Collection

Multi Family

  • Gross Monthly Rent: 2695
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 1228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Sohd Rock Ge Llc
Bought by
Millennial Enterprises Llc
Total Days on Market
55
Current Estimated Value
$367,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$161,544
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$221,468

Purchase Details

Closed on
Jun 28, 2018
Sold by
Legacy Llc
Bought by
Solid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 18, 2012
Sold by
Lakeland Llc
Bought by
Lakeland Revocable Trust

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 Buyer Sale Price Title Company
Millennial Enterprises Llc -- None Available
Solid $168,800 --
Solid Rock Ge Llc $168,750 Meridian Title Commercial
Lakeland Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millennial Enterprises Llc $206,000
Previous Owner Solid Rock Ge Llc $540,000
Previous Owner Legacy Development Group Llc $91,500
Previous Owner Legacy Development Group Llc $247,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $130,000 0.0% $28 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $130,000 -- $28 / 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 $2,328 $261,600 $22,000 $239,600
2023 $2,157 $239,800 $22,000 $217,800
2022 $2,010 $219,600 $22,000 $197,600
2021 $1,783 $193,000 $22,000 $171,000
2020 $1,498 $174,400 $20,000 $154,400
2019 $1,761 $190,600 $20,000 $170,600
2018 $1,701 $184,500 $20,000 $164,500
2017 $1,627 $174,800 $20,000 $154,800
2016 $1,187 $143,600 $19,000 $124,600
2014 $1,228 $137,100 $19,000 $118,100
2013 $1,228 $132,800 $19,000 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Chad Metzger

    Seller's Agent in 2016

    Chad Metzger

    Metzger Property Services, LLC

    (260) 982-9050

    555 Total Sales

    Chad Metzger
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Map

Source: Indiana Regional MLS

MLS Number: 201612000

Indiana Regional MLS

APN: 43-04-18-100-269.000-025

Indiana Kosciusko County Syracuse 46567

11531 N Syracuse Webster Rd Unit 6, Syracuse, IN

Homes for Sale in Syracuse, IN

This home is located at 11531 N Syracuse Webster Rd Unit 6, Syracuse, IN 46567 since 23 March 2016 and is currently estimated at $367,610, approximately $78 per square foot. This property was built in 1910. 11531 N Syracuse Webster Rd Unit 6 is a home located in Kosciusko County with nearby schools including Wawasee High 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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