$190,000
SOLD OCT 1, 2024

1600 High St Logansport, IN 46947

6 Beds
3 Baths
3,160 Sq Ft
0.31 Acres

Recently Sold

$60 Per Sq Ft

21% Below List Price

94 Days on Market

Highlights

  • Ceiling Fan
  • Level Lot
  • 4-minute walk to Dunwoody Park

About This Home

As of October 2024

This large home has 3 apartments that are currently rented out on a month-to-month basis. The main floor 3-bedroom apartment has been updated and rents for $1200 a month. The upstairs unit has 2 bedrooms and rents for $850 per month while the other apartments is a 1 bedroom and rents for up to $750 a month. Start getting income immediately with this large investment property.

Last Agent to Sell the Property

Stephanie Helton

Rogers Auction & Real Estate Listed on: 05/19/2024

Last Buyer's Agent

Stephanie Helton

Rogers Auction & Real Estate Listed on: 05/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,971

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 83 x 165
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Columbia Elementary School
  • Logansport Middle School
  • Logansport High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, water
  • Assessor Parcel Number 09-17-60-224-014.000-010

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,400
  • Insurance Expense $1,588
  • Maintenance Expense $350
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,971

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Sub Div Ol 3 4 5 6 G Tipton 2nd Lot 13
  • Parcel Number ID: 09-17-60-224-014.000-010
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Water Heater Gas
  • Parcel Id2: 02513158014
  • Sp Lp Percent: 79.5
  • Monthly Gross Income: 2800
  • Year Taxes Payable: 2023-2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 3160
  • Total Finished Sq Ft: 3160
  • Above Grade Finished Sq Ft: 3160
  • Price Per Sq Ft: 60.13
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Laminate
  • Main Level Sq Ft: 1580
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 2400
  • Annual Insurance Expense: 1588
  • Annual Maintenance Expense: 350
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Logansport Community School Corp.
  • Elementary School: Columbia
  • Middle School: Logansport
  • High School: Logansport
  • Elementary School: Columbia

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 83 X 165

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Fuel, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2800
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1971

MLS Schools

  • High School: Logansport
  • Middle School: Logansport
  • School District: Logansport Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Sep 10, 2024
Sold by
Duong Tommy Huy
Bought by
Bernadeau Nadine
Seller's Agent
Stephanie Helton
Rogers Auction & Real Estate
Buyer's Agent
Stephanie Helton
Rogers Auction & Real Estate
List Price
$239,000
Sold Price
$190,000
Premium/Discount to List
-$49,000
-20.5%
Views
61
Current Estimated Value
$182,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,667
Avg. Annual Appreciation
-2.50%
Original Mortgage
$142,500
Outstanding Balance
$141,576
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$44,424

Purchase Details

Closed on
Apr 29, 2024
Sold by
Duong Tommy Huy and Duong Nga Thi
Bought by
Duong Tommy Huy
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 Type Sale Price Title Company
Warranty Deed $190,000 Metropolitan Title
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $142,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $190,000 -20.5% $60 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
05/19/2024 05/19/24 For Sale $239,000 -- $76 / 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 $6,114 $110,300 $13,500 $96,800
2023 $1,971 $98,500 $13,500 $85,000
2022 $1,813 $90,600 $13,500 $77,100
2021 $1,653 $82,600 $13,500 $69,100
2020 $1,471 $73,500 $13,500 $60,000
2019 $1,417 $70,800 $13,500 $57,300
2018 $1,343 $67,100 $13,500 $53,600
2017 $1,327 $66,300 $15,900 $50,400
2016 $1,219 $60,900 $15,900 $45,000
2014 $1,371 $68,500 $15,900 $52,600
2013 $1,371 $69,900 $15,900 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202417914

Indiana Regional MLS

APN: 09-17-60-224-014.000-010