NOT LISTED FOR SALE

121 S State St Kendallville, IN 46755

Estimated Value: $154,000 - $247,000

4 Beds
2.5 Baths
2,622 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $87,500 $33 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,276/month

92 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Water Softener is Owned
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2020

Great opportunity and potential for an investment property. Featuring a new roof and low maintenance yard. In this turn of the century home each unit has their own furnace, gas water heater and water softener systems. Low maintenance yard with simple well maintained landscaping as well as a covered front and back porch. Fantastic find! Located on a quiet street within walking distance of historic downtown Main Street shops, restaurants and The Strand Theatre. Electric budgeted $75.00 & Gas budgeted at $76 per unit. Two of each central air units, furnaces, water heaters and water softeners. The first unit has 2 bedrooms upstairs with a possible 3rd main floor bedroom. The second unit has 2 bedrooms and 1.5 baths. Offer is contingent accepting back up offers.

Last Agent to Sell the Property

Jennifer Streich

Hosler Realty Inc - Kendallville Listed on: 09/01/2020

Last Buyer's Agent

Raegan Stackhouse

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $596

Year Built

  • Built in 1900

Lot Details

  • 3,537 Sq Ft Lot
  • Lot Dimensions are 52x68
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,622 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry in Bathroom

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water softener
  • Assessor Parcel Number 57-07-33-310-277.000-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$596

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 120
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Mitchell's Add W68' L62 Ex S14' Sec 33 |
  • Parcel Number ID: 57-07-33-310-277.000-020
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Eat-In Kitchen, Porch Covered, Water Heater Gas, Water Softener-Owned
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.33
  • Special Features: None

Interior Features

  • Total Sq Ft: 2622
  • Total Finished Sq Ft: 2622
  • Above Grade Finished Sq Ft: 2622
  • Price Per Sq Ft: 33.37
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1.5

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: East Noble Schools
  • Elementary School: South Side
  • Middle School: East Noble
  • High School: East Noble

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x68
  • Estimated Lot Sq Ft: 3537
  • Estimated Lot Size Acres: 0.0812
  • Lot Number: 62

Rental Info

  • Tenant Pays: Electric, Heating, Trash Collection, Water Softener

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 11, 2020
Sold by
Christlieb Deonna D and Christlieb Derrick
Bought by
Gonzalez Israel
Seller's Agent
Jennifer Streich
Hosler Realty Inc - Kendallville
Buyer's Agent
Raegan Stackhouse
Keller Williams Realty Group
List Price
$92,900
Sold Price
$87,500
Premium/Discount to List
-$5,400
-5.81%
Current Estimated Value
$192,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,834
Avg. Annual Appreciation
17.55%
Original Mortgage
$65,625
Outstanding Balance
$58,530
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$133,804
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
Gonzalez Israel $87,500 Assurance Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Israel $65,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $87,500 -2.7% $33 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $89,900 -3.2% $34 / Sq Ft
09/18/2020 09/18/20 For Sale $92,900 0.0% $35 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $92,900 -- $35 / 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 $3,114 $143,100 $13,600 $129,500
2023 $3,117 $125,300 $11,900 $113,400
2022 $2,363 $108,600 $11,200 $97,400
2021 $2,208 $100,400 $11,200 $89,200
2020 $702 $95,300 $10,500 $84,800
2019 $601 $85,900 $10,500 $75,400
2018 $414 $71,600 $9,800 $61,800
2017 $411 $72,500 $9,800 $62,700
2016 $390 $71,900 $9,800 $62,100
2014 $339 $71,500 $9,800 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035263

Indiana Regional MLS

APN: 570733310277000020