NOT LISTED FOR SALE

16 E Branson St La Fontaine, IN 46940

Estimated Value: $206,000 - $224,000

5 Beds
4 Baths
2,912 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2024

Last sale price $205,000 $70 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,465 / mo

52 Days on Market

Highlights

  • 194 Feet of Waterfront
  • Baseboard Heating
  • Wood Siding
  • Shed
  • Creek or Stream
  • Carpet

About This Home

As of December 2024

Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550. All units have seen a large amount of work put into them in the past few months, as well as a potential $5,000 appliance allowance to put your own finishing touches on the units! Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!

Last Agent to Sell the Property

Payton Deeter

Terrell Realty Group, LLC Brokerage Phone: 260-571-1246 Listed on: 10/25/2024

Last Buyer's Agent

Jonathan Preusz

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1974

Lot Details

  • 25,700 Sq Ft Lot
  • Lot Dimensions are 132x194
  • 194 Feet of Waterfront
  • Creek or Stream

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, sewer, water
  • The owner pays for building insurance, lawn maintenance
  • Assessor Parcel Number 85-19-27-402-037.000-006

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Year Built

Built in 1974

Lot Details

0.59 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1974
  • Style: One Story
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: FR E1/2 NE UNPLATTED 27-26-7 .588AC
  • Parcel Number ID: 85-19-27-402-037.000-006
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 2912
  • Total Finished Sq Ft: 2912
  • Above Grade Finished Sq Ft: 2912
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Wood
  • Water Frontage: 194
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Utilities

  • Heating Fuel: Baseboard, Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Water Type: Creek
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

  • Elementary School: Southwood

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 132x194
  • Estimated Lot Sq Ft: 25700
  • Estimated Lot Size Acres: 0.59

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance
  • Tenant Pays: Electric, Sewer, Water

Multi Family

  • Water Access: Frontage Lot
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1

Tax Info

  • Annual Property Tax: 2936.2

MLS Schools

  • High School: Southwood
  • Middle School: Southwood
  • School District: MSD of Wabash County Schools

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 18, 2024
Sold by
Hobbs Mark
Bought by
Seller's Agent
Payton Deeter
Terrell Realty Group, LLC
Buyer's Agent
Jonathan Preusz
CENTURY 21 Bradley Realty, Inc
List Price
$235,000
Sold Price
$205,000
Premium/Discount to List
-$30,000
-12.77%
Views
44
Current Estimated Value
$217,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,005
Avg. Annual Appreciation
3.45%
Original Mortgage
$164,000
Outstanding Balance
$153,406
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$63,599

Purchase Details

Listed on
Aug 7, 2024
Closed on
Aug 6, 2024
Sold by
Bell David R and Bell Catherine E
Bought by
Hobbs Mark
Seller's Agent
Payton Deeter
Terrell Realty Group, LLC
Buyer's Agent
Payton Deeter
Terrell Realty Group, LLC
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4,937.06%
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
$205,000 None Listed On Document
Hobbs Mark $50,000 None Listed On Document
Hobbs Mark $50,000 None Listed On Document
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $164,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $205,000 -12.8% $70 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $235,000 +370.0% $81 / Sq Ft
08/09/2024 08/09/24 Sold $50,000 0.0% $17 / Sq Ft View Prior Sale
08/07/2024 08/07/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $50,000 -- $17 / Sq Ft
Source: Indiana Regional MLS

Tax 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.

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 $3,280 $162,800 $16,900 $145,900
2024 $3,006 $150,300 $16,900 $133,400
2023 $2,936 $146,700 $16,900 $129,800
2022 $2,649 $132,400 $13,000 $119,400
2021 $2,428 $121,300 $13,000 $108,300
2020 $2,241 $111,900 $13,000 $98,900
2019 $2,209 $110,300 $13,000 $97,300
2018 $2,110 $105,400 $13,000 $92,400
2017 $2,056 $102,400 $13,000 $89,400
2016 $1,929 $119,500 $13,000 $106,500
2014 $1,724 $127,000 $13,000 $114,000
2013 $1,805 $124,400 $13,000 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Payton Deeter Real Estate Agent - Terrell Realty Group, LLC

    Seller's Agent in 2024

    Payton Deeter

    Terrell Realty Group, LLC

    (260) 571-4407

    63 Total Sales

    Payton Deeter
    Section Image

  • JP

    Buyer's Agent in 2024

    Jonathan Preusz

    CENTURY 21 Bradley Realty, Inc

    (260) 399-1177

    26 Total Sales

    Jonathan Preusz
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202441540

Indiana Regional MLS

APN: 85-19-27-402-037.000-006

Indiana Wabash County La Fontaine 46940

16 E Branson St, La Fontaine, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.