NOT LISTED FOR SALE

16222 Old Lima Rd Huntertown, IN 46748

8 Beds
8 Baths
3,944 Sq Ft
0.32 Acres

Last Sold June 14, 2019

Last sale price $272,650 $69 Per Sq Ft

23 Days on Market

Highlights

  • Covered Patio or Porch
  • Walk-In Closet
  • Central Air
  • Carroll Middle School Rated A-
  • Entrance Foyer
  • Level Lot

About This Home

As of June 2019

The price stated on this property is the assessed tax value (as a guideline). This property is being sold at public auction on Monday, May 6, 2019. Auction begins at 6:00 p.m. (Real estate to sell at 6:00 p.m.). This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. 4 Unit Multi Family Home Income Property 2 BR 1.5 BA | SEPARATE GAS & ELECTRIC | TOWNHOUSE ON FULL BASEMENTS | WOOD DECK | WALK-IN CLOSETS | PLENTY OF PARKING SPACE This home features multiple living spaces, large wooden front porch, and 3,842 SF of paved parking. Perfect Income opportunity to the savvy investor. Property needs very little maintenance to be occupied. Includes great amenities that renters are looking for. Basement space, walk-in closets, and washer & dryer hook-ups. Located close to the central hub of Huntertown Indiana.

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 04/13/2019

Last Buyer's Agent

Scott Collins

Blake Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 125 x 123
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for maintenance, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 02-02-17-102-002.000-058

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,040
  • Fuel Expense $2,640
  • Insurance Expense $2,100
  • Maintenance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200

Additional Features

  • 4 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,862

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1970
  • Age: 49
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 4
  • Legal Description: 3-17-1-003 N125.1 OF W131.8FT S OF CEM RD & E OF LIMA RD NW1/4 NW1/4 SEC 17
  • Parcel Number ID: 02-02-17-102-002.000-058
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Foyer Entry, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2600
  • Year Taxes Payable: 2018
  • Special Features: Auction

Interior Features

  • Total Sq Ft: 5848
  • Total Finished Sq Ft: 3944
  • Above Grade Finished Sq Ft: 3944
  • Below Grade Sq Ft: 1904
  • Price Per Sq Ft: 69.13
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1904

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2040
  • Annual Fuel Expense: 2640
  • Annual Insurance Expense: 2100
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 1200
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • 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
  • Lot Dimensions: 125 x 123
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Snow Removal, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 650
  • Number Of Dishwashers: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2862

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $272,650 +80.8% $69 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $150,800 -- $38 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim McCulloch

    Seller's Agent in 2019

    Tim McCulloch

    Scheerer McCulloch Real Estate

    (260) 740-6429

    354 Total Sales

    Tim McCulloch
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Collins

    Blake Realty

    (260) 341-8127

    25 Total Sales

    Scott Collins
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201913554

Indiana Regional MLS
Indiana Allen County Huntertown 46748

16222 Old Lima Rd, Huntertown, IN

This home is located at 16222 Old Lima Rd, Huntertown, IN 46748 since 13 April 2019. This property was built in 1970. 16222 Old Lima Rd is a home located in Allen County with nearby schools including Huntertown Elementary School, Carroll Middle School, and Carroll High 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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