NOT LISTED FOR SALE

1304 S Main St Auburn, IN 46706

Estimated Value: $207,000 - $251,000

4 Beds
3.5 Baths
2,288 Sq Ft
$102/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $210,000 $92 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,343/month

137 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Eckhart Park
  • Level Lot

About This Home

As of August 2024

Investment excellence awaits with this triplex, a lucrative opportunity for savvy investors. Boasting four well-appointed units in a strategic location, this property ensures a strong rental history and tons of potential! Auburn is growing and so can your investments! This triplex offers one 2 bed/1 bath unit, one 1 bed/1.5 bath unit, and one 1 bed/1 bath unit.

Last Agent to Sell the Property

Alyssa Schendel

North Eastern Group Realty Brokerage Phone: 260-515-6059 Listed on: 03/21/2024

North Eastern Group Realty

Last Buyer's Agent

Quentin Carlin

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1960

Lot Details

  • 5,532 Sq Ft Lot
  • Lot Dimensions are 66x84
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Mckenney-Harrison Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 17-06-32-188-001.000-025

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1960
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: OP EX E 47' LOT 115
  • Parcel Number ID: 17-06-32-188-001.000-025
  • Platted: Yes
  • Amenities: Basement
  • Special Features: None

Interior Features

  • Total Sq Ft: 3184
  • Total Finished Sq Ft: 2288
  • Above Grade Finished Sq Ft: 2288
  • Below Grade Sq Ft: 896
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 896
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

  • Elementary School: McKenney-Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X84
  • Estimated Lot Sq Ft: 5532
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 115

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Heating, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1295.16

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Aug 30, 2024
Sold by
Plant Property Llc
Bought by
Carlin Madison
Seller's Agent
Alyssa Schendel
North Eastern Group Realty
Buyer's Agent
Quentin Carlin
Mike Thomas Assoc., Inc
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
58
Current Estimated Value
$232,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,759
Avg. Annual Appreciation
8.37%
Original Mortgage
$157,500
Outstanding Balance
$155,831
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$76,928

Purchase Details

Closed on
Oct 22, 2019
Sold by
Seigel Kenneth W and Estate Of James L Seigel
Bought by
Plant Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlin Madison $210,000 Trademark Title
Plant Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlin Madison $157,500
Previous Owner Plant Properties Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $210,000 0.0% $92 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $210,000 +40.0% $92 / Sq Ft
06/27/2024 06/27/24 Price Changed $150,000 -31.8% $66 / Sq Ft
06/19/2024 06/19/24 For Sale $220,000 0.0% $96 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $220,000 -- $96 / 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 $1,471 $88,200 $22,100 $66,100
2023 $1,428 $83,000 $20,700 $62,300
2022 $1,295 $74,000 $18,200 $55,800
2021 $1,026 $55,900 $15,600 $40,300
2020 $938 $51,700 $14,200 $37,500
2019 $960 $51,700 $14,200 $37,500
2018 $922 $47,500 $14,200 $33,300
2017 $1,572 $79,700 $14,200 $65,500
2016 $1,553 $77,300 $14,200 $63,100
2014 $1,655 $82,700 $14,200 $68,500
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Schendel

    Seller's Agent in 2024

    Alyssa Schendel

    North Eastern Group Realty

    (260) 515-6059

    19 in this area

    270 Total Sales

    Alyssa Schendel
    Section Image

  • Q

    Buyer's Agent in 2024

    Quentin Carlin

    Mike Thomas Assoc., Inc

    (260) 553-0747

    1 in this area

    2 Total Sales

    Quentin Carlin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202409498

Indiana Regional MLS

APN: 17-06-32-188-001.000-025

Indiana Dekalb County Auburn 46706

1304 S Main St, Auburn, IN

Not Listed for Sale

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