NOT LISTED FOR SALE

201 Michigan St Unit 5 Walkerton, IN 46574

6 Beds
5 Baths
3,066 Sq Ft
9,583 Sq Ft Lot

Last Sold January 26, 2022

Last sale price $165,000 $54 Per Sq Ft

43 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • Level Lot
  • John Glenn High School Rated 9+
  • Forced Air Heating System
  • Carpet

About This Home

As of January 2022

Two buildings with a total of five units. Good rental history. Located with in walking distance to stores and restaurants. Patio area in the rear of buildings. Pre -Approved buyers please.

Last Listed By

Lisa Patton

Main Street Real Estate Co. LLC Listed on: 10/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 85x113
  • Level Lot

Home Design

  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,066 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance
  • Assessor Parcel Number 71-16-24-328-001.000-015

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Water Meters
  • Electric Expense $900
  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Trash Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,402

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1986
  • Age: 35
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: 85 in width x 113.4 in Length Entire NE End of Lot 11 & 12 OP
  • Parcel Number ID: 71-16-24-328-001.000-015
  • Platted: Yes
  • Amenities: Off Street Parking, Eat-In Kitchen, Patio Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.67
  • Monthly Gross Income: 1847
  • Special Features: None

Interior Features

  • Total Sq Ft: 3066
  • Total Finished Sq Ft: 3066
  • Above Grade Finished Sq Ft: 3066
  • Price Per Sq Ft: 53.82
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 5

Exterior Features

  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 5
  • Parking: Off Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Town of Walkerton
  • Gas Company: NIPSCO
  • Water Company: Town of Walkerton
  • Annual Electric: 900
  • Annual Insurance Expense: 1500
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 600
  • Number Electric Meters: 4
  • Number Water Meters: 5

Schools

  • School District: John Glenn School Corp.
  • Elementary School: Walkerton
  • Middle School: Urey
  • High School: John Glenn

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 85x113
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 2660
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2402

Range of Values:

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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
01/26/2022 01/26/22 Sold $165,000 -8.3% $54 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $180,000 -- $59 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lisa Patton

    Seller's Agent in 2022

    Lisa Patton

    Main Street Real Estate Co. LLC

    (574) 286-4461

    143 Total Sales

    Lisa Patton
    Section Image
  • Natashia Bontrager

    Buyer's Agent in 2022

    Natashia Bontrager

    McKinnies Realty, LLC

    (574) 202-2752

    129 Total Sales

    Natashia Bontrager
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202145593

Indiana Regional MLS

Indiana St Joseph County Walkerton 46574

201 Michigan St Unit 5, Walkerton, IN

Homes for Sale in Walkerton, IN

This home is located at 201 Michigan St Unit 5, Walkerton, IN 46574 since 29 October 2021. This property was built in 1986. 201 Michigan St Unit 5 is a home located in St. Joseph County with nearby schools including John Glenn 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.