2020 Spear St Logansport, IN 46947
Estimated Value: $94,000 - $127,734
3
Beds
1
Bath
1,568
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Enclosed patio or porch
- Level Lot
- Fenced Yard
- Ceiling Fan
About This Home
As of February 2023This property is a great investment opportunity with long term paying tenants! The property is being Sold As Is. The tenants would like to stay with the sale if possible. The tenant currently pays 550 a month and their own utilities, please keep in mind that this is due for a rent market increase.The appliances for this property are owned by the tenant, but the room AC is owned by the seller. The roof is metal and is only 3 years old.The current tenant in this house hold owns animals. It is up to you on whether or not you want to require a pet deposit with your ownership, the current landlords did not. All showings require at least a 24 hr notice due to it being occupied by the tenants, but a 48 hr notice is preferred.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $629
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Fenced Yard
- Level Lot
Parking
- 3 Parking Spaces
Home Design
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Partially Finished Basement
- Stone or Rock in Basement
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Enclosed patio or porch
Schools
- Landis Elementary School
- Columbia/Logansport Middle School
- Logansport High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for cooling, electric, heating, sewer
- The owner pays for building insurance, tax
- Assessor Parcel Number 09-17-60-246-004.000-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Feb 15, 2023
Sold by
Todd James E
Bought by
Clark Richard E
Seller's Agent
Audrey Steffel
Rogers Auction & Real Estate
Buyer's Agent
Heather Roth
F.C. Tucker/Shook
List Price
$76,500
Sold Price
$65,000
Premium/Discount to List
-$11,500
-15.03%
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,184
Avg. Annual Appreciation
23.61%
Original Mortgage
$65,656
Outstanding Balance
$63,998
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$43,186
Similar Homes in Logansport, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clark Richard E | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clark Richard E | $65,656 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2023 02/15/23 | Sold | $65,000 | 0.0% | $41 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $65,000 | -7.1% | $41 / Sq Ft |
| 08/21/2022 08/21/22 | Price Changed | $70,000 | -8.5% | $45 / Sq Ft |
| 06/09/2022 06/09/22 | For Sale | $76,500 | -- | $49 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $629 | $63,600 | $9,400 | $54,200 |
| 2022 | $1,096 | $54,800 | $9,400 | $45,400 |
| 2021 | $1,050 | $52,500 | $8,900 | $43,600 |
| 2020 | $978 | $48,900 | $8,900 | $40,000 |
| 2019 | $916 | $45,800 | $8,900 | $36,900 |
| 2018 | $972 | $48,600 | $8,800 | $39,800 |
| 2017 | $1,012 | $50,600 | $8,000 | $42,600 |
| 2016 | $934 | $46,700 | $8,000 | $38,700 |
| 2014 | $848 | $42,400 | $8,000 | $34,400 |
| 2013 | $848 | $41,700 | $8,000 | $33,700 |
Source: Public Records
Agents Affiliated with this Home
-
Audrey Steffel
Seller's Agent in 2023
Audrey Steffel
Rogers Auction & Real Estate
(574) 228-1538
18 Total Sales
-
Heather Roth
Buyer's Agent in 2023
Heather Roth
F.C. Tucker/Shook
(765) 490-5635
118 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202223114
APN: 09-17-60-246-004.000-010
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