NOT LISTED FOR SALE

17425 State Road 37 Harlan, IN 46743

7 Beds
4 Baths
4,042 Sq Ft
8,568 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $232,000 $57 Per Sq Ft

81 Days on Market

Highlights

  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Tile Flooring
  • Level Lot
  • 4-minute walk to Harlan Community Park

About This Home

As of October 2021

A fantastic investment opportunity, minutes from Fort Wayne. This fourplex will provide a strong cash flow. 3 of the units feature 2 bedrooms, 1 full bathroom, kitchen and living room. The fourth unit features one bedroom, 1 bath, living room and kitchen, plus the basement. Each unit includes their own washer and dryer units for the tenants. The property has seen a number of recent improvements, including a new roof within the last year, newer windows, new vinyl siding, fresh exterior painting and landscaping. Interior of all the units have been recently cosmetically updated. All the electrical has been updated and newer HVAC systems are installed. Units are on separate electrical meters.

Last Agent to Sell the Property

Amanda Blackburn

North Eastern Group Realty Listed on: 06/18/2021

North Eastern Group Realty

Last Buyer's Agent

Heather Nave

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1900

Lot Details

  • 8,568 Sq Ft Lot
  • Lot Dimensions are 57 x 150
  • Level Lot

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Sump Pump
  • Laundry in Utility Room

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-04-28-353-016.000-062

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,172
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,033

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: SP12 HARLAN EX N 25 OF E 10FT LOT 12
  • Parcel Number ID: 02-04-28-353-016.000-062
  • Platted: Yes
  • Amenities: Basement, Sump Pump
  • Sp Lp Percent: 98.72
  • Annual Miscellaneous: 1000
  • Monthly Gross Income: 3000
  • Special Features: None

Interior Features

  • Total Sq Ft: 4362
  • Total Finished Sq Ft: 4042
  • Above Grade Finished Sq Ft: 4042
  • Above Grade Unfinished Sq Ft: 320
  • Price Per Sq Ft: 57.4
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Laminate, Tile, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 7

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 2172
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1400
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: Woodlan
  • Middle School: Woodlan
  • High School: Woodlan

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 57 X 150
  • Estimated Lot Sq Ft: 8568
  • Estimated Lot Size Acres: 0.1967
  • Lot Number: 12

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 3000
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1033

Range of Values:

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Sold Price
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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
10/15/2021 10/15/21 Sold $232,000 -1.3% $57 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $235,000 -1.7% $58 / Sq Ft
07/23/2021 07/23/21 Price Changed $239,000 -1.2% $59 / Sq Ft
07/01/2021 07/01/21 Price Changed $242,000 -1.2% $60 / Sq Ft
06/18/2021 06/18/21 For Sale $245,000 -- $61 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amanda Blackburn

    Seller's Agent in 2021

    Amanda Blackburn

    North Eastern Group Realty

    (260) 715-1115

    142 Total Sales

    Amanda Blackburn
    Section Image
  • Heather Nave

    Buyer's Agent in 2021

    Heather Nave

    Coldwell Banker Real Estate Group

    (260) 610-4418

    22 Total Sales

    Heather Nave
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202123474

Indiana Regional MLS
Indiana Allen County Harlan 46743

17425 State Road 37, Harlan, IN

This home is located at 17425 State Road 37, Harlan, IN 46743 since 18 June 2021. This property was built in 1900. 17425 State Road 37 is a home located in Allen County with nearby schools including Woodlan Junior/Senior High School, Rupert Ridge School, and NORTHEAST SPENCERVILLE.

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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