NOT LISTED FOR SALE

16208 Lima Rd Huntertown, IN 46748

Estimated Value: $191,000 - $243,795

4 Beds
3 Baths
2,424 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $115,000 $47 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,352/month

9 Days on Market

Highlights

  • Partially Wooded Lot
  • Laundry in Utility Room
  • Baseboard Heating
  • Carroll High School Rated A
  • Forced Air Heating System
  • Level Lot

About This Home

As of July 2016

Large two bedroom downstairs apartment has usually rented for around $600.00 a month. The two upper one bedroom apartments have been renting for $400.00 a month. All three apartments will typically rent fast. Owner has kept two of them unrented for now for ease of showings while property is for sale. One upper is currently rented for $400.00 a month and that tenant will have tenants rights in the sale. On an owner occupant, owner could live in the large downstairs apartment and rent out the two upper apartments. Brand new carpet in downstairs living room and hallway, carpet in the two bedrooms is approx two years old, newer vinyl flooring in kitchen and utility room. Brand new carpet in one upstairs apt. Downstairs apartment also has access to the main floor utility room and the basement. Good parking availability for tenants. Current owner pays for water/sewer/trash pickup, lawn and snow maintenance. Tenants pay for gas and/or electricity. Downstairs has gas heat, two uppers are electric baseboard. All have separate electric panel boxes.

Last Agent to Sell the Property

Bill Gething

RE/MAX Results Listed on: 03/09/2016

Last Buyer's Agent

Malorie Campbell

Feichter, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1910

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 133x168
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Lot

Location

  • Suburban Location

Schools

  • Huntertown Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, lawn maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 02-02-17-102-007.000-058

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 106
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Parcel ID# 02-02-17-102-007.000-058 |
  • Parcel Number ID: 02-02-17-102-007.000-058
  • Platted: Yes
  • Amenities: Basement, Deck Open, Water Heater Gas
  • Cross Street: Cedar Canyon Road
  • Location: City/Town/Suburb
  • Section Number: 17
  • Sp Lp Percent: 95.91
  • Zoning Description: Multi-Family
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 2424
  • Above Grade Finished Sq Ft: 2424
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 47.44
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 3

Exterior Features

  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 5
  • Parking: Lot

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Northwest Allen County
  • Elementary School: Huntertown
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Huntertown

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 133x168
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 900

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 13, 2016
Sold by
Walls Mark A and Walls Jane L
Bought by
Veil Matthew C
Seller's Agent
Bill Gething
RE/MAX Results
Buyer's Agent
Malorie Campbell
Feichter, REALTORS
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Total Days on Market
9
Current Estimated Value
$222,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,449
Avg. Annual Appreciation
7.32%
Original Mortgage
$115,000
Outstanding Balance
$93,405
Interest Rate
3.54%
Mortgage Type
VA
Estimated Equity
$122,139
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
Veil Matthew C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veil Matthew C $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $115,000 -4.1% $47 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $119,900 -- $49 / 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 $2,057 $174,600 $33,800 $140,800
2023 $2,052 $160,300 $33,800 $126,500
2022 $1,694 $148,800 $33,800 $115,000
2021 $1,553 $132,600 $33,800 $98,800
2020 $1,427 $120,700 $33,800 $86,900
2019 $1,432 $116,600 $33,800 $82,800
2018 $1,756 $133,200 $28,500 $104,700
2017 $198 $123,700 $28,500 $95,200
2016 $5 $42,500 $14,500 $28,000
2014 $874 $43,700 $13,900 $29,800
2013 $868 $43,400 $13,900 $29,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Gething

    RE/MAX

    Section Image
  • Malorie Campbell

    Buyer's Agent in 2016

    Malorie Campbell

    Feichter, REALTORS

    (260) 515-1124

    28 Total Sales

    Malorie Campbell
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201609206

Indiana Regional MLS

APN: 02-02-17-102-007.000-058

Indiana Allen County Huntertown 46748

16208 Lima Rd, Huntertown, IN

This home is located at 16208 Lima Rd, Huntertown, IN 46748 since 09 March 2016 and is currently estimated at $222,449, approximately $91 per square foot. This property was built in 1910. 16208 Lima Rd is a home located in Allen County with nearby schools including Carroll High School, Huntertown Elementary School, and Carroll Middle School.

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 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.

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