NOT LISTED FOR SALE

13818 Leo Rd Leo, IN 46765

Estimated Value: $208,000 - $251,000

4 Beds
4 Baths
2,688 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $145,000 $54 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,501/month

22 Days on Market

Highlights

  • Laundry closet
  • Shed
  • Forced Air Heating and Cooling System
  • Cedarville Elementary School Rated A-
  • Ceramic Tile Flooring
  • Water Softener is Owned

About This Home

As of September 2015

Inviting Leo Duplex… great investment opportunity, both sides rented, this home has had incredible care with many updates including new well in 2008, new softener and iron filter in 2009, new vinyl siding, new roof shingles, new windows in 2012., updated frig, dishwasher and microwave, furnace and air, new side storm door and a 40 gal water heater on 13818, updated dishwasher, landscaped, 40 gal water heater, and refrigerator on 13818 1/2 . 2688 sq ft, on .37acre lot , 16x16 utility shed, walking distance to bank, drug store, Dollar General , post office, the home’s address is Leo rd, but it sits on Elvina street. Sale includes, 2 ref, 2 ranges, 2 dishwashers, 2 microwaves, 2 washers and 2 dryers. Both units could be used as a 3 bedroom if desired.

Last Listed By

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 08/11/2015

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1970

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry closet

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

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

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, lawn maintenance, snow removal
  • The owner pays for building insurance, maintenance, sewer, tax, trash collection, water softener
  • Assessor Parcel Number 02-03-22-303-002.000-082

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,036
  • Maintenance Expense $740
  • Trash Expense $317
  • Water Sewer Expense $1,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,008

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1970
  • Age: 45
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: FRL W 333.5X183.7 FT SPC E OF SR 1 CL & 131 FT NE OF W SEC LN EX FRL W 20 |
  • Parcel Number ID: 02-03-22-303-002.000-082
  • Platted: Yes
  • Amenities: Ceiling Fan, Water Heater Gas, Water Softener-Owned
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.68
  • Monthly Gross Income: 1410
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 2688
  • Above Grade Finished Sq Ft: 2688
  • Price Per Sq Ft: 53.94
  • Basement Foundation: Crawl
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 256

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Annual Insurance Expense: 1036
  • Annual Maintenance Expense: 740
  • Annual Trash Expense: 317
  • Annual Water Sewer Expense: 1096
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Leo

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 16117
  • Estimated Lot Size Acres: 0.37

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Trash Collection, Water Softener
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Lawn Maintenance, Snow Removal

Multi Family

  • Gross Monthly Rent: 1410
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2008.08

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Miller Reginald J and Penny Jo
Bought by
Platinum Enterprises Llc
Total Days on Market
22
Current Estimated Value
$230,921

Purchase Details

Closed on
Jan 17, 2023
Sold by
Cedar Creek Rentals Llc
Bought by
Miller Reginald J and Miller Penny Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2015
Closed on
Sep 30, 2015
Sold by
Macfarland Llc
Bought by
Cedar Creek Rentals Llc
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Mona Steury
Cedar Creek Realty P.C.
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Macfarland Frederick S and Macfarland Karen S
Bought by
Macfarland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.24%

Purchase Details

Closed on
May 3, 2002
Sold by
Leffers Dorothy M
Bought by
Macfarland Frederick S and Macfarland Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.24%

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
Platinum Enterprises Llc -- None Listed On Document
Miller Reginald J $201,000 Trademark Title Services
Cedar Creek Rentals Llc -- Meridian Title Corp
Macfarland Llc -- --
Macfarland Frederick S -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Reginald J $150,750
Previous Owner Cedar Creek Rentals Llc $93,000
Previous Owner Macfarland Frederick S $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $145,000 -9.3% $54 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $159,900 -- $59 / 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 $2,650 $143,000 $16,200 $126,800
2022 $2,330 $128,500 $17,700 $110,800
2021 $2,070 $117,700 $18,700 $99,000
2020 $2,142 $114,800 $22,700 $92,100
2019 $2,072 $113,400 $17,500 $95,900
2018 $2,043 $106,900 $17,500 $89,400
2017 $2,068 $104,700 $19,800 $84,900
2016 $2,052 $103,900 $20,000 $83,900
2014 $2,008 $102,300 $25,900 $76,400
2013 $2,008 $100,400 $27,100 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201538661

Indiana Regional MLS

APN: 02-03-22-303-002.000-082