NOT LISTED FOR SALE

208 Eel River Ave Logansport, IN 46947

Estimated Value: $120,000 - $203,000

4 Beds
3 Baths
2,574 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $172,000 $67 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $941/month

27 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Covered patio or porch
  • Pocket Doors
  • Wood Flooring
  • Eat-In Kitchen
  • Entrance Foyer

About This Home

As of June 2023

Historic brick tri-plex in downtown Logansport on the Eel River. From the main entrance, you can access unit 1 which boasts a beautiful wood staircase, hall tree, beveled glass, wood floors, front sitting room, open concept and it offers 1 bdrm and laundry area upstairs. The 2nd unit is found on the east side of the home and offers a lovely fireplace, coffered ceiling, 2 bdrms, a porch off the kitchen and access to the basement. On the west side of the home is the entrance to the 3rd unit which is upstairs and is an efficiency apartment complete with eat in kitchen, laundry and original bathroom. The roof was installed in 2016, the exterior was tuck pointed in 2022 and the central air is newer. The property includes 3 furnaces, 1 central air, 3 water heaters, and all kitchen appliances. The property has been rented via Airbnb and VRBO.

Last Listed By

Memi Rennewanz

MPR Realty, LLC Listed on: 03/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120
  • 40 Feet of Waterfront
  • River Front
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Pocket Doors
  • Entrance Foyer
  • Wood Flooring
  • Water Views
  • Walkup Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Laundry in Basement
  • Crawl Space

Schools

  • Fairview Elementary School
  • Columbia/Logansport Middle School
  • Logansport High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • The owner pays for building insurance, cable, cooling, electric, heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 09-17-44-336-008.000-010

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,993
  • Fuel Expense $2,364
  • Insurance Expense $900
  • Trash Expense $420
  • Water Sewer Expense $2,006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Cheney 3 Lot 35
  • Parcel Number ID: 09-17-44-336-008.000-010
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Near Walking Trail, Attic-Walk-up, Cable Ready, Ceiling-9+, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Foyer Entry, Pocket Doors, Porch Covered, Water Heater Electric, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.56
  • Annual Miscellaneous: 180
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 5148
  • Total Finished Sq Ft: 2574
  • Above Grade Finished Sq Ft: 2574
  • Above Grade Unfinished Sq Ft: 1575
  • Below Grade Sq Ft: 999
  • Price Per Sq Ft: 66.82
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Wood
  • Total Below Grade Sq Ft: 999
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Water Type: River
  • Annual Electric: 2993.46
  • Annual Fuel Expense: 2364
  • Annual Insurance Expense: 900
  • Annual Trash Expense: 420
  • Annual Water Sewer Expense: 2006.47
  • Number Electric Meters: 4
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Logansport Community School Corp.
  • Elementary School: Fairview
  • Middle School: Columbia/Logansport
  • High School: Logansport
  • Elementary School: Fairview

Lot Info

  • Lot Description: Level, Water View
  • Lot Dimensions: 40x120
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cable, Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water

Multi Family

  • Water Access: Riverfront
  • Number Of Dishwashers: 2
  • Number Of Dryers: 3
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

Tax Info

  • Annual Property Tax: 1296

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jul 5, 2023
Sold by
Dodson William C
Bought by
Avalos Brenis A Martinez
Seller's Agent
Memi Rennewanz
MPR Realty, LLC
Buyer's Agent
Memi Rennewanz
MPR Realty, LLC
List Price
$180,000
Sold Price
$172,000
Premium/Discount to List
-$8,000
-4.44%
Total Days on Market
27
Views
117
Current Estimated Value
$158,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,678
Avg. Annual Appreciation
-1.01%
Original Mortgage
$163,400
Outstanding Balance
$160,651
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$8,172

Purchase Details

Listed on
May 2, 2015
Closed on
Nov 21, 2015
Sold by
Grethen G Miller
Bought by
Dodson William C
Seller's Agent
Angie Burns
Two Rivers Realty
Buyer's Agent
Aaron Ruemler
Keller Williams Monticello
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%

Range of Values:

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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

Date Buyer Sale Price Title Company
Avalos Brenis A Martinez $172,000 None Listed On Document
Dodson William C $40,000 Cass County Title Co
William Dodson $40,000 Met Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Brenis A Martinez $163,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $172,000 -4.4% $67 / Sq Ft
03/15/2023 03/15/23 For Sale $180,000 +350.0% $70 / Sq Ft
11/20/2015 11/20/15 Sold $40,000 -27.3% $16 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $55,000 -- $21 / 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 $703 $93,300 $10,400 $82,900
2022 $1,296 $64,800 $10,400 $54,400
2021 $958 $47,900 $6,200 $41,700
2020 $958 $47,900 $6,200 $41,700
2019 $958 $47,900 $6,200 $41,700
2018 $960 $48,000 $6,200 $41,800
2017 $950 $47,500 $6,200 $41,300
2016 $950 $47,500 $6,200 $41,300
2014 $944 $47,200 $6,200 $41,000
2013 $944 $46,200 $6,200 $40,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202307568

Indiana Regional MLS

APN: 09-17-44-336-008.000-010