NOT LISTED FOR SALE

Estimated Value: $163,839 - $164,000

4 Beds
4 Baths
4,840 Sq Ft
$34/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $125,000 $26 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,199/month

20 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • Entrance Foyer
  • Baseboard Heating
  • 3-minute walk to Linnwood Park

About This Home

As of November 2021

Fully rented 4 unit multi family investment property. Each unit offers 1 bedroom 1 bath. Located near downtown, restaurants and schools. Off street parking in back and side of property. don't miss out on this cash flowing property. Property being sold “as-is”. Inspections welcome but seller will not make any repairs. Closing is contingent upon seller utilize 1031 exchange.

Last Agent to Sell the Property

Tabitha Casto

TruVant Realty Listed on: 10/07/2021

TruVant Realty

Last Buyer's Agent

Cody Miller

Raeco Realty - Monticello

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1930

Lot Details

  • 7,536 Sq Ft Lot
  • Lot Dimensions are 28x130
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 79-07-16-379-018.000-004

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,279
  • Water Sewer Expense $612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,134

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1930
  • Age: 91
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: JUSTICES ADDN TO LINWOOD LOT 10 & 8 FTE SIDE LOT 11
  • Parcel Number ID: 79-07-16-379-018.000-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Foyer Entry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.33
  • Monthly Gross Income: 2095
  • Special Features: None

Interior Features

  • Total Sq Ft: 6528
  • Total Finished Sq Ft: 4840
  • Above Grade Finished Sq Ft: 3152
  • Below Grade Finished Sq Ft: 1688
  • Below Grade Sq Ft: 1688
  • Price Per Sq Ft: 39.66
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 3376
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Aluminum, Block
  • Stories: 2

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2279
  • Annual Water Sewer Expense: 612
  • Number Of W D Hookups: 1

Schools

  • School District: Lafayette
  • Elementary School: Vinton
  • Middle School: Sunnyside/Tecumseh
  • High School: Jefferson

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 28x130
  • Estimated Lot Sq Ft: 7536
  • Estimated Lot Size Acres: 0.173

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 2095
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 24, 2021
Sold by
Eloc Properties Llc
Bought by
Liu Chaofeng
Seller's Agent
Tabitha Casto
TruVant Realty
Buyer's Agent
Cody Miller
Raeco Realty - Monticello
List Price
$150,000
Sold Price
$125,000
Premium/Discount to List
-$25,000
-16.67%
Current Estimated Value
$157,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,990
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Hockema Robert C and Sutter Matt
Bought by
Cole Jason L and Cole Cristin N

Purchase Details

Closed on
Sep 20, 2001
Sold by
Stair Richard and Ortiz Rodeigo
Bought by
Hockema Robert C and Sutter Matt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liu Chaofeng $125,000 Bcks Title
Cole Jason L -- --
Hockema Robert C $39,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $125,000 -16.7% $26 / Sq Ft
10/07/2021 10/07/21 For Sale $150,000 -- $31 / 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 $3,920 $196,000 $13,000 $183,000
2023 $2,678 $133,900 $13,000 $120,900
2022 $2,612 $130,600 $13,000 $117,600
2021 $2,560 $106,700 $13,000 $93,700
2020 $2,134 $106,700 $13,000 $93,700
2019 $2,052 $102,600 $11,000 $91,600
2018 $2,052 $102,600 $11,000 $91,600
2017 $1,998 $99,900 $11,000 $88,900
2016 $1,978 $98,940 $11,000 $87,940
2014 $2,026 $101,300 $11,000 $90,300
2013 $1,776 $88,800 $11,000 $77,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202142317

Indiana Regional MLS

APN: 79-07-16-379-018.000-004