NOT LISTED FOR SALE

1645 State Road 930 E New Haven, IN 46774

Estimated Value: $222,314 - $232,000

5 Beds
4 Baths
3,647 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $115,500 $32 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,441/month

86 Days on Market

Highlights

  • Shed
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System

About This Home

As of May 2017

Great investment opportunity! 4 plex apartment building. 3- 1 bedroom apartments and 1- 2 bedroom. This building can be purchased with 2 bedroom home next door to the east.

Last Agent to Sell the Property

William Browand

Coldwell Banker Real Estate Gr Listed on: 01/25/2017

Coldwell Banker Real Estate Gr

Last Buyer's Agent

JR Parent

Parent Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 74x152
  • Sloped Lot

Home Design

  • Quadruplex
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Basement

  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 02-13-12-427-027.000-041

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,024
  • Insurance Expense $900
  • Maintenance Expense $1,000
  • Trash Expense $173
  • Water Sewer Expense $1,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,330

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Age: 67
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 2-12-7-116 KELLERS SUB EX N 60FT & EX E 45FT LOT 25
  • Parcel Number ID: 02-13-12-427-027.000-041
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: Keller
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 88.91
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 1700
  • Special Features: None

Interior Features

  • Total Sq Ft: 3647
  • Total Finished Sq Ft: 3647
  • Above Grade Finished Sq Ft: 2239
  • Below Grade Finished Sq Ft: 1408
  • Flooring: Carpet, Vinyl Tile
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1408
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1024
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 173
  • Annual Water Sewer Expense: 1260
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • School District: East Allen County
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 74x152
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27
  • Lot Number: 25
  • Zoning: R - 2 - Multiple-Family

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1700
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
May 10, 2017
Sold by
Lake Gregory J and Lake Teresa A
Bought by
Babatom Llc
Seller's Agent
William Browand
Coldwell Banker Real Estate Gr
Buyer's Agent
JR Parent
Parent Realty, Inc.
List Price
$134,900
Sold Price
$115,500
Premium/Discount to List
-$19,400
-14.38%
Current Estimated Value
$227,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,657
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Bacon Harvey E and Bacon Velma L
Bought by
Lake Gregory J and Lake Teresa A
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
Babatom Llc -- None Available
Lake Gregory J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $115,500 -14.4% $32 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $134,900 -- $37 / 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 $2,837 $145,300 $15,000 $130,300
2023 $2,832 $141,600 $15,000 $126,600
2022 $2,274 $113,700 $15,000 $98,700
2021 $2,712 $135,600 $15,000 $120,600
2020 $2,705 $135,000 $15,000 $120,000
2019 $2,797 $139,600 $15,000 $124,600
2018 $2,409 $120,200 $15,000 $105,200
2017 $2,355 $117,500 $18,100 $99,400
2016 $2,333 $116,400 $18,100 $98,300
2014 $2,346 $117,300 $18,100 $99,200
2013 $2,368 $118,400 $18,100 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201703301

Indiana Regional MLS

APN: 02-13-12-427-027.000-041