NOT LISTED FOR SALE

19 Cedar Island Logansport, IN 46947

Estimated Value: $230,000 - $387,000

6 Beds
6 Baths
3,900 Sq Ft
$83/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $255,000 $65 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,086/month

972 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • 1-Story Property
  • Ceiling Fan
  • Carpet

About This Home

As of February 2021

A perfect opportunity to invest in a beautiful, quiet,condo estate with 3 condos in place, and plenty of room for phase 2 to be completed. Sitting right on the Logansport Country Country club golf course. Wonderful view of river. Only your vision restricts the possibilities here.

Last Agent to Sell the Property

Cheryl Yard

Cher-Can Realty Listed on: 05/31/2018

Co-Listed By

Dick Stephenson

Cher-Can Realty

Last Buyer's Agent

Charise Goodnight

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1985

Lot Details

  • 2.26 Acre Lot
  • Lot Dimensions are 356.72x187x330x250x201'

Parking

  • 6 Parking Spaces

Home Design

  • Planned Development
  • Wood Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 09-07-26-400-020.001-020

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $2,400
  • Water Sewer Expense $720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,516

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1985
  • Age: 36
  • Style: Condo
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: HIDDEN VALLEY ESTATES SECTION 1 PHASE 1- CONDOMINIUM UNITS |
  • Parcel Number ID: 09-07-26-400-020.001-020
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Deck Open, Water Heater Electric, Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3900
  • Total Finished Sq Ft: 3900
  • Above Grade Finished Sq Ft: 3900
  • Price Per Sq Ft: 65.38
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Wood
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 2400
  • Annual Water Sewer Expense: 720
  • Number Of W D Hookups: 3

Schools

  • School District: Logansport Community School Corp.
  • Elementary School: Columbia
  • Middle School: Columbia/Logansport
  • High School: Logansport

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 356.72x187x330x250x201'
  • Estimated Lot Sq Ft: 98445
  • Estimated Lot Size Acres: 2.26

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 2100
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2516.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Jjkm Investments Llc
Bought by
Kokomo 141 Borrower Llc
Current Estimated Value
$323,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,901,000
Outstanding Balance
$12,260,088
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
-$11,936,664

Purchase Details

Listed on
May 31, 2018
Closed on
Feb 26, 2021
Sold by
Ward Anna M
Bought by
Jjkm Investments Llc
Seller's Agent
Cheryl Yard
Cher-Can Realty
Buyer's Agent
Charise Goodnight
RE/MAX Realty One
List Price
$290,000
Sold Price
$255,000
Premium/Discount to List
-$35,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$153,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Kokomo 141 Borrower Llc -- None Listed On Document
Jjkm Investments Llc $203,490 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kokomo 141 Borrower Llc $12,901,000
Previous Owner Jjkm Investments Llc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $255,000 0.0% $65 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
05/26/2020 05/26/20 Price Changed $255,000 -5.6% $65 / Sq Ft
02/06/2019 02/06/19 Price Changed $270,000 -3.2% $69 / Sq Ft
08/29/2018 08/29/18 Price Changed $279,000 -3.8% $72 / Sq Ft
05/31/2018 05/31/18 For Sale $290,000 -- $74 / 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 $4,536 $276,300 $62,200 $214,100
2023 $4,536 $270,900 $54,200 $216,700
2022 $5,086 $270,900 $54,200 $216,700
2021 $4,998 $252,200 $54,200 $198,000
2020 $4,361 $252,200 $54,200 $198,000
2019 $4,758 $264,100 $54,200 $209,900
2018 $4,852 $303,000 $54,200 $248,800
2017 $4,884 $301,000 $54,200 $246,800
2016 $4,287 $283,200 $54,200 $229,000
2014 $3,938 $271,900 $49,700 $222,200
2013 $3,938 $226,900 $49,700 $177,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Yard

    Cher-Can Realty

    (765) 480-1298

    85 Total Sales

    Cheryl Yard
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dick Stephenson

    Cher-Can Realty

  • Charise Goodnight

    Buyer's Agent in 2021

    Charise Goodnight

    RE/MAX

    (765) 438-7731

    381 Total Sales

    Charise Goodnight
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201823397

Indiana Regional MLS

APN: 09-07-26-400-020.001-020

Indiana Cass County Logansport 46947

19 Cedar Island, Logansport, IN

This home is located at 19 Cedar Island, Logansport, IN 46947 since 31 May 2018 and is currently estimated at $323,424, approximately $82 per square foot. This property was built in 1985. 19 Cedar Island is a home located in Cass County with nearby schools including Lewis Cass Elementary School, Galveston Elementary School, and Lewis Cass Junior/Senior 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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