NOT LISTED FOR SALE

204 Eel River Ave Logansport, IN 46947

Estimated Value: $235,000 - $267,204

4 Beds
4 Baths
2,425 Sq Ft
$102/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2025

Last sale price $265,000 $109 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,479 / mo

1 Day on Market

Highlights

  • 40 Feet of Waterfront
  • The river is a source of water for the property
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of December 2025

Discover a fully furnished, well-maintained triplex located on historic Bankers Row overlooking the scenic Eel River. This property offers ideal appeal for investors seeking immediate income and long-term value. Each unit is updated and move-in ready with modern amenities and stylish furnishings included. Major mechanical systems have been recently replaced, including the 2 furnaces and water heater. The roof was replaced in 2022. Additional exterior improvements include a privacy fence, deck, and metal garage roof. Whether utilized as a short-or long-term rental, this turnkey property is a rare opportunity!

Last Agent to Sell the Property

Kim Reid

Envision Real Estate Team - Logansport Brokerage Phone: 574-721-4544 Listed on: 12/10/2025

Last Buyer's Agent

Kim Reid

Envision Real Estate Team - Logansport Brokerage Phone: 574-721-4544 Listed on: 12/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • 40 Feet of Waterfront
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Walkup Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Columbia Elementary School
  • Logansport Middle School
  • Logansport High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, heating, water
  • Assessor Parcel Number 09-17-44-336-007.000-010

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Electric Expense $4,800
  • Fuel Expense $3,600
  • Insurance Expense $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,495

Year Built

Built in 1880

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Waterfront: Yes
  • Year Built: 1880
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Cheney's Lot 34
  • Parcel Number ID: 09-17-44-336-007.000-010
  • Platted: Yes
  • Amenities: Attic-Walk-up, Deck Open
  • Special Features: None

Interior Features

  • Total Sq Ft: 3613
  • Total Finished Sq Ft: 2425
  • Above Grade Finished Sq Ft: 2425
  • Below Grade Sq Ft: 1188
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 1188
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Brick
  • Water Frontage: 40
  • Water Name: Eel River
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: River
  • Annual Electric: 4800
  • Annual Fuel Expense: 3600
  • Annual Insurance Expense: 2200
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Columbia

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 120
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Water
  • Tenant Pays: Deposit Value

Tax Info

  • Annual Property Tax: 1494.58

Multi Family

  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 3

MLS Schools

  • High School: Logansport
  • Middle School: Logansport
  • School District: Logansport Community School Corp.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2025
Closed on
Dec 20, 2025
Sold by
Bought by
Seller's Agent
Kim Reid
Envision Real Estate Team - Logansport
Buyer's Agent
Kim Reid
Envision Real Estate Team - Logansport
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Views
1
Current Estimated Value
$250,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,420
Avg. Annual Appreciation
-11.32%

Purchase Details

Closed on
Oct 2, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$175,000 None Listed On Document
-- Attorney Only
$6,600 Met Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $265,000 -5.3% $109 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
12/10/2025 12/10/25 For Sale $279,900 -- $115 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,495 $111,400 $10,400 $101,000
2024 $713 $96,300 $10,400 $85,900
2022 $1,324 $66,200 $10,400 $55,800
2021 $200 $10,000 $6,200 $3,800
2020 $200 $10,000 $6,200 $3,800
2019 $212 $10,600 $6,200 $4,400
2018 $778 $38,900 $6,200 $32,700
2017 $770 $38,500 $6,200 $32,300
2016 $770 $38,500 $6,200 $32,300
2014 $762 $38,100 $6,200 $31,900
2013 $762 $37,300 $6,200 $31,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Reid

    Seller's Agent in 2025

    Kim Reid

    Envision Real Estate Team - Logansport

    (574) 721-4544

    55 Total Sales

    Kim Reid
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Map

Source: Indiana Regional MLS

MLS Number: 202548637

Indiana Regional MLS

APN: 09-17-44-336-007.000-010

Indiana Cass County Logansport 46947

204 Eel River Ave, Logansport, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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