NOT LISTED FOR SALE

1608 N Gladstone Ave Columbus, IN 47201

Estimated Value: $123,000 - $229,000

1 Bed
1 Bath
660 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $60,000 $91 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,010/month

24 Days on Market

About This Home

As of May 2015

MOTIVATED SELLER! 4 homes on 2 parcels; Near hospital; All sold together; All rented w/steady income; Great investment opportunity. Sold As-Is.

Last Agent to Sell the Property

Bev Roberts

CENTURY 21 Breeden REALTORS® Listed on: 04/03/2015

CENTURY 21 Breeden REALTORS®

Last Buyer's Agent

Scott Lynch

F.C. Tucker Scott Lynch Group

F.C. Tucker Scott Lynch Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.64 Acre Lot

Home Design

  • 660 Sq Ft Home
  • Quadruplex
  • Wood Siding

Community Details

  • Ravenwood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, sewer, water
  • The owner pays for ins hazard, insurance, no utilities, taxes
  • Tax Lot 48,49,50
  • Assessor Parcel Number 039619110003700005

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1940
  • Building Area Total: 660
  • Lot Size Acres: 0.64
  • Structure Type: Quadruplex
  • Subdivision Name: Ravenwood
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: broberts@c21br.com
  • Special Features: None

Interior Features

  • Living Area: 660
  • Owner Pays: Ins Hazard, Insurance, No Utilities, Taxes
  • Main Level Sq Ft: 660
  • SqFt Total: 660

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • List Price: 74900

Garage/Parking

  • Unit Parking: 1 Car Space

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Laundry Features: Other
  • Solid Waste: Yes

Fee Information

  • Expenses: 1800

Lot Info

  • Lot Features: Curbs, Sidewalks
  • Additional Parcels: No
  • Lot Size Sq Ft: 200
  • Parcel Number: 039619110003700005
  • Acres: 1/2-1 Acre

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Sewer, Water

Multi Family

  • Net Operating Income: 16320
  • Gross Income: 18120
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2290
  • Tax Lot: 48,49,50
  • Semi Annual Property Tax Amt: 1145
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
Conner Lisa
Bought by
Kay Jay Properties Llc
Current Estimated Value
$157,241

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 8, 2015
Sold by
Hannum Randy
Bought by
Conner Lisa
Seller's Agent
Bev Roberts
CENTURY 21 Breeden REALTORS®
Buyer's Agent
Scott Lynch
F.C. Tucker Scott Lynch Group
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Source: Public Records

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
Kay Jay Properties Llc $60,000 Meridian Title Corporation
Conner Lisa $60,000 Hamilton National Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $60,000 -19.9% $91 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $74,900 -- $113 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,109 $93,800 $31,100 $62,700
2023 $872 $38,400 $23,000 $15,400
2022 $869 $38,400 $23,700 $14,700
2021 $564 $24,700 $13,200 $11,500
2020 $563 $24,700 $13,200 $11,500
2019 $527 $24,700 $13,200 $11,500
2018 $611 $24,100 $13,200 $10,900
2017 $540 $24,800 $13,800 $11,000
2016 $542 $24,800 $13,800 $11,000
2014 $544 $24,500 $13,800 $10,700
2013 $544 $24,500 $13,800 $10,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21344494

MIBOR Broker Listing Cooperative®

APN: 03-96-19-110-003.700-005