NOT LISTED FOR SALE

1214 Summit St New Haven, IN 46774

Estimated Value: $157,642 - $276,000

4 Beds
2 Baths
1,532 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $62,500 $41 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $1,357/month

3 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Carpet
  • Shed
  • Level Lot

About This Home

As of September 2018

Nice duplex in New haven. Fully rented income property. Newer front porch and roof. Good curb appeal to attract renters. Purchase home live in one apartment and rent the other for free living. Owner pays utilities.

Last Listed By

Bruce Peters

Vine Realty, LLC Listed on: 08/25/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1910

Lot Details

  • 6,882 Sq Ft Lot
  • Lot Dimensions are 47x146
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Cedar

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-13-12-187-009.000-041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,017

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THIMLERS SUB LOT 4 |
  • Parcel Number ID: 02-13-12-187-009.000-041
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 98.43
  • Monthly Gross Income: 1090
  • Special Features: None

Interior Features

  • Total Sq Ft: 2298
  • Total Finished Sq Ft: 1532
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Sq Ft: 766
  • Price Per Sq Ft: 40.8
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 766
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Cedar
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 252

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: East Allen County
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 47x146
  • Estimated Lot Sq Ft: 6882
  • Estimated Lot Size Acres: 0.158
  • Lot Number: 4

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1090
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1017.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Monnier Enterprises Main Street Llc
Bought by
Kirk Hous Llc
Total Days on Market
3
Current Estimated Value
$202,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.42%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2019
Sold by
Monnier Thomas E and Monnier Thomas E
Bought by
Monnier Enterprises Main Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 25, 2018
Closed on
Sep 21, 2018
Sold by
John
Bought by
Thomas Stacey
Seller's Agent
Bruce Peters
Vine Realty, LLC
Buyer's Agent
Jody Gugelman
Mike Thomas Assoc., Inc
List Price
$63,500
Sold Price
$62,500
Premium/Discount to List
-$1,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Heath John I and Heath Cynthia S
Bought by
John & Cynthia Heath Real Estate Llc

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
Kirk Hous Llc $255,000 Trademark Title Services
Monnier Enterprises Main Street Llc -- Liberty Title & Escrow Co
Thomas Stacey $62,500 --
John & Cynthia Heath Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk Hous Llc $111,750
Closed Kirk Hous Llc $488,000
Previous Owner Monnier Enterprises Main Street Llc $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $62,500 -1.6% $41 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/25/2018 08/25/18 For Sale $63,500 -- $41 / 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 $2,792 $146,100 $12,600 $133,500
2022 $1,800 $90,000 $8,800 $81,200
2021 $1,080 $54,000 $5,700 $48,300
2020 $1,027 $51,100 $10,000 $41,100
2019 $1,009 $50,200 $7,500 $42,700
2018 $991 $49,300 $7,500 $41,800
2017 $965 $48,000 $7,300 $40,700
2016 $952 $47,600 $7,200 $40,400
2014 $982 $49,100 $12,600 $36,500
2013 $976 $48,800 $12,600 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201838530

Indiana Regional MLS

APN: 02-13-12-187-009.000-041