NOT LISTED FOR SALE
8 Beds
8 Baths
4,796 Sq Ft
0.35 Acres

Last Sold September 30, 2015

Last sale price $154,800 $32 Per Sq Ft

138 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen
  • Delta High School Rated A-
  • Corner Lot
  • Shed

About This Home

As of September 2015

Great investment property! Eight units, all rented. Well maintained brick building. All units have a living room, dining area, bedroom, bath and kitchen. Each unit has separate entries, utilities, cable available and ample parking. landlord pays all building insurance, lawn and snow maintenance, water and sewage. There is a separate laundry building with coin operated washer and dryer. property has city sidewalks. Close to town. Property qualifies for Section 8 housing assistance. Further information is available upon request.

Last Agent to Sell the Property

Rickie Sipe

Property House Listed on: 03/19/2015

Last Buyer's Agent

Cindy Link

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 123x120
  • Backs to Open Ground
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Eaton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Electric Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, heating
  • The owner pays for building insurance, lawn maintenance, snow removal, sewer, water
  • Assessor Parcel Number 18-03-23-412-003.000-023

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 8 Separate Electric Meters
  • Electric Expense $100
  • Fuel Expense $100
  • Insurance Expense $100
  • Maintenance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Eightplex
  • Year Built: 1973
  • Age: 42
  • Style: One Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: Orig 0.0000 Acres STR 232210 In: 67 |
  • Parcel Number ID: 18-03-23-412-003.000-023
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Open Floor Plan, Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Concrete
  • Section Number: 23-22-10
  • Sp Lp Percent: 91.11
  • Zoning Description: apartments
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 2800
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 4796
  • Total Finished Sq Ft: 4796
  • Above Grade Finished Sq Ft: 4796
  • Price Per Sq Ft: 32.28
  • Basement Foundation: Slab
  • Flooring: Carpet, Mixed, Vinyl Tile
  • Main Level Sq Ft: 4796
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 256

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 8
  • Parking: Paved, Private

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Water Company: Eaton City Water & Sewer
  • Annual Electric: 100
  • Annual Fuel Expense: 100
  • Annual Insurance Expense: 100
  • Annual Maintenance Expense: 100
  • Annual Trash Expense: 100
  • Annual Water Sewer Expense: 100
  • Number Electric Meters: 8

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Eaton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Eaton

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 123x120
  • Estimated Lot Sq Ft: 14796
  • Estimated Lot Size Acres: 0.35
  • Lot Number: 6

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Rental Info

  • Lease Term: 1 Year, 6 Months, Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Sewer, Water
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Heating

Tax Info

  • Total Assessed Value: 93600
  • Annual Property Tax: 1810

Multi Family

  • Gross Monthly Rent: 2800
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of1 Bedrooms: 8
  • Num Of Efficiencies: 8
  • Num Of Units Rented: 8

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $154,800 -8.9% $32 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $169,900 -- $35 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201511791

Indiana Regional MLS