NOT LISTED FOR SALE

214 E 5th St Auburn, IN 46706

Estimated Value: $160,000 - $203,000

4 Beds
3 Baths
2,005 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $130,000 $65 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,256/month

8 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of August 2021

Great investment triplex in downtown Auburn! All 3 units are currently rented! Recent updates to units! Sold as-is. Detached garage! This includes 2 parcels: 18-06-29-391-006 & 18-06-29-391-002. DON'T MISS THIS GREAT OPPORTUNITY!

Last Listed By

Jake Wiederkehr

CENTURY 21 Bradley Realty, Inc Listed on: 07/02/2021

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1900

Lot Details

  • 4,622 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cooling
  • The owner pays for electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 17-06-29-391-006.000-025

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,698
  • Fuel Expense $1,829
  • Insurance Expense $500
  • Maintenance Expense $900
  • Water Sewer Expense $934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: OP W 70' LOT 224 & OP W 70' LOT 223
  • Parcel Number ID: 17-06-29-391-006.000-025
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 100.08
  • Monthly Gross Income: 2225
  • Special Features: None

Interior Features

  • Total Sq Ft: 2775
  • Total Finished Sq Ft: 2005
  • Above Grade Finished Sq Ft: 2005
  • Below Grade Sq Ft: 770
  • Price Per Sq Ft: 64.84
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 770
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1698
  • Annual Fuel Expense: 1829
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 900
  • Annual Water Sewer Expense: 934

Schools

  • School District: Dekalb Central United
  • Elementary School: McKenney-Harrison
  • Middle School: Dekalb
  • High School: Dekalb

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 70x66 & 70x66
  • Estimated Lot Sq Ft: 4622
  • Estimated Lot Size Acres: 0.1061
  • Lot Number: 223

Rental Info

  • Lease Term: 6 Months, 1 Year, 2 Years
  • Owner Pays: Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Cooling

Multi Family

  • Gross Monthly Rent: 2225
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Warstler Wesley D and Warstler Brenda S
Bought by
Mbn Rentals Llc
Total Days on Market
8
Current Estimated Value
$187,667

Purchase Details

Closed on
Oct 10, 2011
Sold by
Grate Harold D
Bought by
Warstler S

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
Mbn Rentals Llc -- Centurion Land Title Inc
Warstler S $65,000 Auburn Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbn Rentals Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $130,000 +0.1% $65 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $129,900 -- $65 / 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 $2,578 $160,300 $16,600 $143,700
2023 $2,578 $150,100 $15,400 $134,700
2022 $2,405 $137,500 $13,900 $123,600
2021 $2,151 $117,200 $13,200 $104,000
2020 $2,188 $121,100 $13,200 $107,900
2019 $1,817 $98,200 $13,200 $85,000
2018 $1,664 $89,000 $13,200 $75,800
2017 $1,298 $68,800 $13,200 $55,600
2016 $1,256 $64,900 $13,200 $51,700
2014 $1,152 $57,600 $13,200 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202126153

Indiana Regional MLS

APN: 17-06-29-391-006.000-025