NOT LISTED FOR SALE
4 Beds
4 Baths
2,264 Sq Ft
7,405 Sq Ft Lot

Last Sold August 23, 2019

Last sale price $29,000 $13 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • Delta High School Rated A-
  • Level Lot

About This Home

As of August 2019

Looking for a fourplex investment? Cash flow opportunity right here! Each 500 sq. ft. unit boasts 1 bedroom, 1 bathroom, a full-size kitchen, and large living room. Every unit has it's own gas and electric meter. Per reported rent roll, you could have this property paid off in under 2.5 years. WOW! Call today and let's go take a look!

Last Listed By

Clairissa Berry

Smith Real Estate Listed on: 07/15/2019

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Level Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Eaton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, deposit value
  • The owner pays for electric, heating, sewer, water
  • Assessor Parcel Number 18-03-23-291-003.000-023

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,814
  • Fuel Expense $2,557
  • Water Sewer Expense $1,368

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1920
  • Age: 99
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: N HLF M L AND I CO 1 ADD Block # 14 Lot # 1-2
  • Parcel Number ID: 18-03-23-291-003.000-023
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Sp Lp Percent: 74.55
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 3596
  • Total Finished Sq Ft: 2264
  • Above Grade Finished Sq Ft: 2264
  • Below Grade Sq Ft: 1332
  • Price Per Sq Ft: 12.81
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 1332
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Stucco
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1814
  • Annual Fuel Expense: 2557
  • Annual Water Sewer Expense: 1368

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Eaton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Eaton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60X120
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Electric, Heating, Sewer, Water
  • Tenant Pays: Cable, Deposit Value

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1388

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $29,000 -25.4% $13 / Sq Ft
07/15/2019 07/15/19 For Sale $38,900 -- $17 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201929941

Indiana Regional MLS