Seller's Agent in 2022
Rachel Henry
Modern Real Estate
(574) 732-4889
84 in this area
186 Total Sales
1202 North St Logansport, IN 46947
6
Beds
4
Baths
3,996
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wood Flooring
- Laundry in Utility Room
- Forced Air Heating System
- Corner Lot
About This Home
As of July 2022Great Investment property that doesn't come up too often. 4 unit apartment building with great cashflow. CAP rate over 11%. Property has recently had all the electric completely redone as well as other repairs that should increase the net return for future years. Property has separated electric and gas meters for each apartment. 1 water meter for all. Owner currently includes all utilities in the rent for ease on tenants but can definitely be made to have tenants pay these bills. Vacant unit is getting new kitchen flooring and a renter is lined up waiting to move in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,263
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 2-Story Property
- Wood Flooring
- Laundry in Utility Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Public Parking
- On-Street Parking
Location
- Suburban Location
Schools
- Landis Elementary School
- Columbia/Logansport Middle School
- Logansport High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for electric, heating, trash collection, water
- Assessor Parcel Number 09-17-44-145-010.000-010
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,383
- Fuel Expense $3,383
- Insurance Expense $2,400
- Maintenance Expense $3,905
- Water Sewer Expense $1,821
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $120,000 | -4.0% | $30 / Sq Ft |
| 06/17/2022 06/17/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $125,000 | -- | $31 / Sq Ft |
Source: Indiana Regional MLS
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 |
|---|---|---|---|---|
| 2025 | $2,063 | $118,500 | $9,000 | $109,500 |
| 2024 | $1,835 | $103,100 | $9,000 | $94,100 |
| 2022 | $1,681 | $84,000 | $9,000 | $75,000 |
| 2021 | $1,263 | $63,100 | $9,000 | $54,100 |
| 2020 | $1,263 | $63,100 | $9,000 | $54,100 |
| 2019 | $1,263 | $63,100 | $9,000 | $54,100 |
| 2018 | $1,213 | $60,600 | $9,000 | $51,600 |
| 2017 | $1,178 | $58,900 | $10,500 | $48,400 |
| 2016 | $1,074 | $53,700 | $10,500 | $43,200 |
| 2014 | $1,222 | $61,100 | $10,500 | $50,600 |
| 2013 | $1,222 | $62,500 | $10,500 | $52,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Henry
-
Jordan Moran
Buyer's Agent in 2022
Jordan Moran
Modern Real Estate
(574) 398-0921
120 in this area
167 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202219200
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Based on information submitted to the MLS GRID
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