$305,000
SOLD MAY 17, 2018

200 E Indiana Ave Hamlet, IN 46532

17 Beds
13 Baths
10,232 Sq Ft
3 Acres

Recently Sold

$30 Per Sq Ft

5% Below List Price

292 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry in Utility Room
  • Hot Water Heating System
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of May 2018

TURNKEY APARTMENT BUILDING WITH 12 UNITS. ALL RENTED. Excellent Rent history. This apartment building is in great shape. Sits next to Fire Station. Just a short distance to Hamlet Golf Course. Excellent access to U.S. 30. Location, Location, Location. Plymouth, Knox, Valparaiso, LaPorte. New rubber roof with transferable warranty. Boiler with heat exchangers heat. 12 A/C wall units. 2 new water heaters. Call for your private showing. Listing agent must be at all showings.

Last Agent to Sell the Property

Linda Jacobson

RE/MAX OAK CREST -PLYMOUTH Listed on: 06/14/2017

RE/MAX OAK CREST -PLYMOUTH

Last Buyer's Agent

Jason Wampler

RE/MAX 1ST CHOICE REALTORS

RE/MAX 1ST CHOICE REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,171

Year Built

  • Built in 1954

Lot Details

  • 3 Acre Lot
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 13 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 24 Parking Spaces
  • Private Parking
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 75-02-24-404-060.000-016

Community Details

Overview

  • 12 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $8,400
  • Fuel Expense $8,400
  • Insurance Expense $4,000
  • Trash Expense $1,920
  • Water Sewer Expense $3,600

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,171

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1954
  • Age: 64
  • Style: One Story
  • Bedrooms: 17
  • Number Above Grade Bedrooms: 17
  • Total Bathrooms: 13
  • Total Full Bathrooms: 13
  • Legal Description: PT E PT S SIDE SE EXC H&H 24-34-2 3a
  • Parcel Number ID: 75-02-24-404-060.000-016
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Eat-In Kitchen, Porch Covered, Water Heater Gas, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 95.31
  • Monthly Gross Income: 7050
  • Special Features: None

Interior Features

  • Total Sq Ft: 20464
  • Total Finished Sq Ft: 10232
  • Above Grade Finished Sq Ft: 10232
  • Below Grade Sq Ft: 10232
  • Price Per Sq Ft: 29.81
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Total Below Grade Sq Ft: 10232
  • Number Of Ranges Ovens: 12

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Rolled, Rubber
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 24
  • Parking: Gravel, Off Street, Private

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Type: Community
  • Annual Electric: 8400
  • Annual Fuel Expense: 8400
  • Annual Insurance Expense: 4000
  • Annual Trash Expense: 1920
  • Annual Water Sewer Expense: 3600
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Oregon-Davis School Corp.
  • Elementary School: Oregon-Davis Elementary
  • Middle School: Oregon-Davis Junior-Senior High
  • High School: Oregon-Davis Junior-Senior High

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 3 acres
  • Estimated Lot Sq Ft: 130680
  • Estimated Lot Size Acres: 3

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 7050
  • Number Of Dryers: 4
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Number Of Washers: 4
  • Num Of1 Bedrooms: 6
  • Num Of2 Bedrooms: 5
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 3170.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
Feb 4, 2015
Sold by
Troike Edward and Troike Debra
Bought by
Schiller Jonathan W and Schiller Holleach D
Seller's Agent
Marsha Boggs
A.L. Olson Real Estate
Buyer's Agent
Oralea Maciejack
Preferred Group, REALTORS
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$165,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,842
Avg. Annual Appreciation
7.62%
Original Mortgage
$68,633
Outstanding Balance
$53,998
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$97,439

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 13, 2013
Sold by
Deutsche Bank National Trust Co
Bought by
Troike Edward and Troike Debra
Seller's Agent
Julianne Turrell
KASER REALTY
Buyer's Agent
Julianne Turrell
KASER REALTY
List Price
$14,200
Sold Price
$14,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.51%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Bracich James A and Bracich Shata
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 5, 2005
Sold by
Steinhilber Dean L
Bought by
Bracich James A and Bracich Shata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.69%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Special Warranty Deed $14,200 None Available
Sheriffs Deed $33,300 None Available
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,908 Credit Line Revolving
Open $68,633 FHA
Previous Owner $59,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $305,000 -4.7% $30 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
06/14/2017 06/14/17 For Sale $320,000 +357.8% $31 / Sq Ft
02/04/2015 02/04/15 Sold $69,900 0.0% $45 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $69,900 +392.3% $45 / Sq Ft
03/22/2013 03/22/13 Sold $14,200 0.0% $9 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $14,200 -- $9 / 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 $759 $91,700 $14,600 $77,100
2023 $685 $85,600 $13,300 $72,300
2022 $511 $76,300 $12,700 $63,600
2021 $484 $65,600 $12,100 $53,500
2020 $465 $58,500 $12,100 $46,400
2019 $425 $55,900 $12,100 $43,800
2018 $410 $54,900 $11,700 $43,200
2017 $374 $53,500 $11,700 $41,800
2016 $356 $53,300 $11,700 $41,600
2014 $1,158 $53,200 $12,200 $41,000
2013 $1,175 $54,100 $12,200 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201727192

Indiana Regional MLS

APN: 75-03-30-101-007.300-017