NOT LISTED FOR SALE

1456 Indiana Ave Olean, NY 14760

Estimated Value: $114,000 - $170,689

1 Bed
1 Bath
1,152 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2018

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

Est. 173% increase in value since last sale

Current estimated payment $1,125 / mo

38 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wood Flooring
  • 47.6 Acre Lot
  • Wooded Lot
  • Agricultural

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 - Ellicottville License #10301201915 Listed on: 11/19/2017

Howard Hanna Professionals - Ellicottville

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 456x1800
  • Rural Setting
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

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

Utilities

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

Additional Features

  • Deck
  • Agricultural
  • Horses Allowed On Property

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 35
  • Assessor Parcel Number 046600-103-002-0001-035-001-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

47.6 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1994
  • Horses: Yes
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Agricultural, Rural Lot, Wooded
  • Directions: 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.
  • Flooring: Hardwood, Other, See Remarks, Varies
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: None
  • Basement YN: No
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 47.6
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Electric, Propane, Wall Furnace
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-103-002-0001-035-001-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 456X1800
  • Lot Size Sq Ft: 2073456.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3285.0
  • Tax Lot: 35

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 - Ellicottville
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$59,900
Sold Price
$54,900
Premium/Discount to List
-$5,000
-8.35%
Current Estimated Value
$149,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,772
Avg. Annual Appreciation
13.30%

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 - Ellicottville
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 - Ellicottville
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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 List to Sale Price per Sq Ft
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

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
2025 $3,924 $62,000 $32,000 $30,000
2024 $6,742 $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

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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

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