NOT LISTED FOR SALE

206 N State St South Whitley, IN 46787

Estimated Value: $153,000 - $222,000

5 Beds
2 Baths
2,824 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $143,500 $51 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,020/month

68 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Enclosed patio or porch
  • Entrance Foyer
  • Ceiling Fan

About This Home

As of March 2023

Great investment or homeowner opportunity in South Whitley!!Take at this large duplex on State St! You can live in one half and keep the other rented out or easily take out a small wall that was put up to make this a duplex and have a single family 5 bedroom 2 bath home! This property has great features including 2 enclosed porches, 2 car attached garage,full basement,office, gorgeous natural woodwork throughout, and a spacious lot with room for a garden! Both units are currently rented out so no need to find new tenants!

Last Agent to Sell the Property

Pamela Waller

RE/MAX Integrity Listed on: 11/15/2022

RE/MAX Integrity

Last Buyer's Agent

Linda Franks

Dream Team Agents, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $367

Year Built

  • Built in 1876

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75x111
  • Creek or Stream
  • Level Lot
  • Historic Home

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • South Whitley Elementary School
  • Whitko Middle School
  • Whitko High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric, sewer, trash collection, water
  • Assessor Parcel Number 92-08-04-166-001.000-002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$367

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1876
  • Age: 147
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 1 Charles Harvey Addition
  • Parcel Number ID: 92-08-04-166-001.000-002
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Foyer Entry, Porch Enclosed, Water Heater Electric, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 98.97
  • Monthly Gross Income: 1725
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3328
  • Total Finished Sq Ft: 2824
  • Above Grade Finished Sq Ft: 2824
  • Below Grade Sq Ft: 504
  • Price Per Sq Ft: 50.81
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Wood
  • Total Below Grade Sq Ft: 504
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Block, Vinyl, Wood
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Water Type: Creek
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 2

Schools

  • School District: Whitko
  • Elementary School: South Whitley
  • Middle School: Whitko
  • High School: Whitko
  • Elementary School: South Whitley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75x111
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19
  • Lot Number: 1

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Electric, Sewer, Trash Collection, Water

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 367.34

Multi Family

  • Gross Monthly Rent: 1725
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Whitko
  • Middle School: Whitko
  • School District: Whitko

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 6, 2023
Sold by
Phillips John Michael Ezra
Bought by
Lawrence Sheldon L
Seller's Agent
Pamela Waller
RE/MAX Integrity
Buyer's Agent
Linda Franks
Dream Team Agents, LLC
List Price
$160,000
Sold Price
$143,500
Premium/Discount to List
-$16,500
-10.31%
Views
130
Current Estimated Value
$178,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,627
Avg. Annual Appreciation
8.78%
Original Mortgage
$140,900
Outstanding Balance
$137,725
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$36,258

Purchase Details

Listed on
May 9, 2018
Closed on
Sep 7, 2018
Sold by
Harvey Charles L and Harvey Lulubelle D
Bought by
Phillips John Michael Ezra
Seller's Agent
Rainelle Shockome
Metzger Property Services, LLC
Buyer's Agent
Jessy Sims
Keller Williams Realty Group
List Price
$49,900
Sold Price
$36,500
Premium/Discount to List
-$13,400
-26.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.31%
Original Mortgage
$64,421
Interest Rate
4.5%
Mortgage Type
Construction
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
Lawrence Sheldon L $143,500 --
Phillips John Michael Ezra $36,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Sheldon L $15,704
Open Lawrence Sheldon L $140,900
Previous Owner Phillips John Michael Ezra $7,699
Previous Owner Phillips John Michael Ezra $64,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $143,500 -1.0% $51 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $145,000 -6.5% $51 / Sq Ft
01/17/2023 01/17/23 Price Changed $155,000 -3.1% $55 / Sq Ft
11/15/2022 11/15/22 For Sale $160,000 +338.4% $57 / Sq Ft
10/04/2018 10/04/18 Sold $36,500 -26.9% $25 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $49,900 -- $34 / 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 $341 $132,000 $18,700 $113,300
2023 $993 $114,900 $17,800 $97,100
2022 $1,580 $79,000 $16,200 $62,800
2021 $367 $62,500 $14,000 $48,500
2020 $372 $63,200 $17,500 $45,700
2019 $341 $57,600 $17,500 $40,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pamela Waller

    RE/MAX

    (260) 609-6217

    20 Total Sales

    Pamela Waller
    Section Image
  • Linda Franks

    Buyer's Agent in 2023

    Linda Franks

    Dream Team Agents, LLC

    (260) 229-0716

    29 Total Sales

    Linda Franks
    Section Image

  • R

    Seller's Agent in 2018

    Rainelle Shockome

    Metzger Property Services, LLC

    (260) 982-0238

    41 Total Sales

    Rainelle Shockome
    Section Image
  • Jessy Sims

    Buyer's Agent in 2018

    Jessy Sims

    Keller Williams Realty Group

    (260) 610-3555

    68 Total Sales

    Jessy Sims
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202246885

Indiana Regional MLS

APN: 92-08-04-166-001.000-002

Indiana Whitley County South Whitley 46787

206 N State St, South Whitley, IN

This home is located at 206 N State St, South Whitley, IN 46787 since 15 November 2022 and is currently estimated at $178,127, approximately $63 per square foot. This property was built in 1876. 206 N State St is a home located in Whitley County with nearby schools including Whitko High School and Country Meadow.

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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