NOT LISTED FOR SALE

202 N Superior St Angola, IN 46703

Estimated Value: $176,000 - $245,000

6 Beds
4 Baths
2,304 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $60,000 $26 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $1,369/month

368 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Wood Siding
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2015

Can you say cash flow? Currently with 3 of the 4 Units rented, bringing in $1075/month. Fully rented this property can bring in $1500/mth or more with a little sweat equity investment. All utilities are separated out on a per apartment basis so the tenants pay their own water, electric, and gas. All leases are 30 day leases.

Last Listed By

Mark Pontecorvo

RE/MAX Results - Angola office Listed on: 11/21/2014

RE/MAX Results - Angola office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,496 Sq Ft Lot
  • Lot Dimensions are 72x132
  • Level Lot

Home Design

  • Quadruplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Partially Finished Basement

  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Carlin Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, lawn maintenance
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 76-06-26-240-609.000-012

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,600
  • Maintenance Expense $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 115
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Gilmores Lot 158 and 6' S side Lot 159 |
  • Parcel Number ID: 76-06-26-240-609.000-012
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Section Number: 26
  • Sp Lp Percent: 75
  • Monthly Gross Income: 1075
  • Year Taxes Payable: 13/14
  • Special Features: None

Interior Features

  • Total Sq Ft: 2916
  • Total Finished Sq Ft: 2304
  • Above Grade Finished Sq Ft: 2304
  • Below Grade Sq Ft: 612
  • Price Per Sq Ft: 26.04
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Wood
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 612
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1600
  • Annual Maintenance Expense: 3000
  • Number Of W D Hookups: 4

Schools

  • School District: MSD of Steuben County
  • Elementary School: Carlin Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Carlin Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 72x132
  • Estimated Lot Sq Ft: 9496
  • Estimated Lot Size Acres: 0.218

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Electric, Fuel, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1075
  • Number Of Dryers: 2
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2057

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2017
Sold by
Zimmer Michael S and Beaty Zimmer Sara L
Bought by
Lelli John P and Lelli Amy J
Total Days on Market
368
Current Estimated Value
$220,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$33,006
Interest Rate
3.34%
Mortgage Type
Commercial
Estimated Equity
$187,065

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
Lelli John P $60,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lelli John P $22,000
Open Lelli John P $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $60,000 -29.4% $26 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $85,000 -- $37 / 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 $1,639 $197,700 $25,700 $172,000
2023 $3,490 $188,400 $24,200 $164,200
2022 $1,513 $178,600 $24,000 $154,600
2021 $1,233 $147,300 $21,500 $125,800
2020 $944 $126,600 $20,500 $106,100
2019 $927 $122,700 $20,500 $102,200
2018 $872 $114,400 $20,500 $93,900
2017 $765 $121,400 $20,500 $100,900
2016 $701 $109,000 $20,500 $88,500
2014 $1,712 $85,600 $20,500 $65,100
2013 $1,712 $86,300 $20,500 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Pontecorvo

    Seller's Agent in 2015

    Mark Pontecorvo

    RE/MAX

    (260) 905-6909

    Section Image
  • Diane Stock

    Buyer's Agent in 2015

    Diane Stock

    RE/MAX

    (260) 665-2414

    24 Total Sales

    Diane Stock
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201451006

Indiana Regional MLS

APN: 76-06-26-240-609.000-012

Indiana Steuben County Angola 46703

202 N Superior St, Angola, IN

Homes for Sale in Angola, IN

This home is located at 202 N Superior St, Angola, IN 46703 since 21 November 2014 and is currently estimated at $220,071, approximately $95 per square foot. This property was built in 1900. 202 N Superior St is a home located in Steuben County with nearby schools including Angola High School and Grace Baptist Academy.

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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