NOT LISTED FOR SALE

2005 W Cedar Canyons Rd Huntertown, IN 46748

Estimated Value: $278,000 - $348,000

4 Beds
2 Baths
1,974 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $130,000 $66 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,256/month

22 Days on Market

Highlights

  • Cathedral Ceiling
  • Covered patio or porch
  • Laundry in Utility Room
  • Carroll High School Rated A
  • 1 Car Garage
  • Landscaped

About This Home

As of March 2015

SPECTACULAR INVESTMENT OPPORTUNITY IN NORTHWEST ALLEN COUNTY! DUPLEX WITH 2 BEDROOM 1 BATH UNITS BOTH HAVE GARAGES AND GROSS $16,860 PER YEAR. VERY CLEAN AND CURRENTLY RENTED. CATHEDRAL CEILINGS, APPLIANCES AND EACH UNIT INCLUDES A PATIO AS WELL AS A COVERED PORCH. CLOSE TO SCHOOLS AND JUST 10 MINUTES FROM DUPONT AREA. THERE IS A ADDITIONAL DUPLEX ALSO AVAILABLE NEXT DOOR. PURCHASE BOTH UNITS FOR $265,000.

Last Agent to Sell the Property

Steve Bartkus

CENTURY 21 Bradley Realty, Inc Listed on: 01/19/2015

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Jody Bartkus

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Pat Lydy

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 146.39 x 89.04 x 139.89 x 88.43
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • Huntertown Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, sewer, trash collection, water, water softener
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 02-02-17-102-003.001-058

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $661
  • Maintenance Expense $1,455

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,897

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1991
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FRL N 133.7 OF W 84.77 1023 FT W R/W Of SR 3 & S OF CEDAR CANYONS RD NW1/4 NW1/4 SEC 17 |
  • Parcel Number ID: 02-02-17-102-003.001-058
  • Platted: Yes
  • Amenities: Off Street Parking, Ceiling-Cathedral, Garage Door Opener, Landscaped, Patio Open, Porch Covered, Water Heater Gas, Water Softener-Owned
  • Location: City/Town/Suburb
  • Section Number: 17
  • Sp Lp Percent: 98.11
  • Monthly Gross Income: 1390
  • Year Taxes Payable: 2013
  • Special Features: None

Interior Features

  • Total Sq Ft: 1974
  • Total Finished Sq Ft: 1974
  • Above Grade Finished Sq Ft: 1974
  • Price Per Sq Ft: 65.86
  • Flooring: Carpet, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Cedar, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Annual Insurance Expense: 661
  • Annual Maintenance Expense: 1455
  • Number Of W D Hookups: 2

Schools

  • School District: Northwest Allen County
  • Elementary School: Huntertown
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Huntertown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 146.39 X 89.04 X 139.89 X 88.43
  • Estimated Lot Sq Ft: 11587
  • Estimated Lot Size Acres: 0.29

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Sewer, Trash Collection, Water, Water Softener

Multi Family

  • Gross Monthly Rent: 1390
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1897

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Robert Binns
Bought by
Pine Llc
Total Days on Market
22
Current Estimated Value
$326,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$170,267
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$133,240

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 27, 2015
Sold by
Scott Edward J
Bought by
Binns Robert and Binns Christine M
Seller's Agent
Steve Bartkus
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Pat Lydy
Keller Williams Realty Group
List Price
$132,500
Sold Price
$130,000
Premium/Discount to List
-$2,500
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Feb 27, 2008
Sold by
Scott Edward J and Scott Julia A
Bought by
Scott Edward J

Purchase Details

Closed on
Jun 14, 2005
Sold by
Scott Edward J and Scott Julie A
Bought by
Scott Edward J and Scott Julia A

Purchase Details

Closed on
Mar 8, 2002
Sold by
Harrod Lawrence Roger and Harrod Virginia Lee
Bought by
Scott Edward J and Scott Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,700
Interest Rate
7.11%
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
Pine Llc $292,200 --
Pine Tree Properties Llc -- Metropolitan Title Of In
Binns Robert -- Metropolitan Title Of In
Scott Edward J -- None Available
Scott Edward J -- --
Scott Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pine Tree Properties Llc $300,000
Previous Owner Binns Robert W $104,000
Previous Owner Scott Edward J $68,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $130,000 -1.9% $66 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $132,500 -- $67 / 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 $5,076 $313,500 $24,100 $289,400
2022 $3,707 $240,300 $24,100 $216,200
2021 $3,549 $214,000 $24,100 $189,900
2020 $3,334 $191,300 $24,100 $167,200
2019 $3,309 $183,300 $24,100 $159,200
2018 $3,162 $172,700 $20,300 $152,400
2017 $1,889 $97,000 $12,400 $84,600
2016 $1,941 $96,800 $12,700 $84,100
2014 $1,928 $96,400 $20,700 $75,700
2013 -- $94,600 $20,300 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201502060

Indiana Regional MLS

APN: 02-02-17-102-003.001-058