NOT LISTED FOR SALE

1456 Indiana Ave Olean, NY 14760

Estimated Value: $106,000 - $148,183

1 Bed
1 Bath
1,152 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $54,900 $48 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $809/month

38 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wood Flooring
  • 47.6 Acre Lot
  • Wooded Lot
  • 1-Story Property

About This Home

As of May 2018

47.6 ACRES and 2 homes for this price?.....What are you waiting for! Motivated seller simply does not want to be a landlord anymore. The homes are both 2 bedrooms and at one time rented for $400/ea./month. They are in the process of painting and cleaning but will sell it as it sits for $59,900!
There isn't a better deal out there! HUNTERS this would be a great opportunity for a place to hunker down for your next big buck!

Last Agent to Sell the Property

Sandra Goode

Listing by Howard Hanna Professionals License #10301201915 Listed on: 11/19/2017

Howard Hanna Professionals

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 47.6 Acre Lot
  • Lot Dimensions are 1,800 x 456
  • Wooded Lot

Parking

  • Stone Driveway

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 35
  • Assessor Parcel Number 046600-103-002-0001-035-001-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 62000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1800
  • Lot Dimension Front: 456
  • Lot Information: Agricultural District, Horses Permitted, Rural Road, Wooded Lot
  • Lot Number: 35
  • Nearest Cross Street: E. Riverside
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1153.36
  • Ratio Close Price By Sq Ft: 47.66
  • Ratio List Price By Acres: 1258.40
  • Ratio List Price By Sq Ft: 52.00
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 1885
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2073456
  • Age of Building: 28
  • Year Built: 1994
  • Directions To Property: From Olean take Rt. 16 south, turn left onto E. Riverside drive, turn right onto Indiana Ave. Homes are on the right, see road sign 1456 at end of driveway.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1994

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some
  • Floor Description: Wood-Some
  • Total Sq Ft: 1152

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 47.6000

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Propane
  • Hvac Type: Wall Furnace
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-103-002-0001-035-001-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3285

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2017
Closed on
May 7, 2018
Sold by
Kamery David
Bought by
Blue Facet Holdings Llc
Seller's Agent
Sandra Goode
Howard Hanna Professionals
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%
Total Days on Market
38
Current Estimated Value
$122,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,396
Avg. Annual Appreciation
11.94%

Purchase Details

Listed on
Nov 19, 2017
Closed on
May 1, 2018
Sold by
Kamery David
Bought by
Blue Facet Holdings Llc
Seller's Agent
Sandra Goode
Howard Hanna Professionals
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%

Purchase Details

Listed on
Nov 19, 2017
Closed on
Apr 10, 2018
Sold by
Kamery David A
Bought by
Blue Facet Holdings Inc
Seller's Agent
Sandra Goode
Howard Hanna Professionals
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%

Purchase Details

Closed on
Jan 21, 2004
Sold by
Frame Aaron
Bought by
Collins Scott
Source: Public Records

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Range of Values:

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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
Blue Facet Holdings Llc $54,900 None Available
Blue Facet Holdings Llc $54,900 None Available
Blue Facet Holdings Inc -- --
Collins Scott $9,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $54,900 -8.3% $48 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
11/19/2017 11/19/17 For Sale $59,900 -- $52 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $3,922 $62,000 $32,000 $30,000
2023 $3,722 $62,000 $32,000 $30,000
2022 $3,658 $62,000 $32,000 $30,000
2021 $3,560 $62,000 $32,000 $30,000
2020 $3,594 $62,000 $32,000 $30,000
2019 $1,910 $62,000 $32,000 $30,000
2018 $5,916 $62,000 $32,000 $30,000
2017 $5,329 $62,000 $32,000 $30,000
2016 $5,393 $62,000 $32,000 $30,000
2015 -- $62,000 $32,000 $30,000
2014 -- $62,000 $32,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • Sandra Goode

    Seller's Agent in 2018

    Sandra Goode

    Howard Hanna Professionals

    (716) 378-2733

    68 Total Sales

    Sandra Goode
    Section Image
  • Annette Fachko

    Buyer's Agent in 2018

    Annette Fachko

    No Office Affiliation

    (716) 523-1009

    762 Total Sales

    Annette Fachko
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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1087858

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-002-0001-035-001-0000

New York Cattaraugus County Olean 14760

1456 Indiana Ave, Olean, NY

This home is located at 1456 Indiana Ave, Olean, NY 14760 since 19 November 2017 and is currently estimated at $122,296, approximately $106 per square foot. This property was built in 1994. 1456 Indiana Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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