NOT LISTED FOR SALE

216 S Babcock St Unit 3 Topeka, IN 46571

Estimated Value: $212,000 - $342,000

5 Beds
3 Baths
3,808 Sq Ft
$70/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $190,000 $50 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,852/month

1 Day on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Eat-In Kitchen
  • Westview Elementary School Rated A-
  • 2 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of July 2022

Apartment B has natural woodworking and is empty, The 2 car detached garage tenants do not use, (used for storage) Unfished basement tenants do not use. Tenant in Apt A mows the yard, also the only unit that has washer & drier. Landlord pays for Direct TV $130.00 a month= $1,500 a year. and Water & Sewer. All 3 units have full baths.

Last Agent to Sell the Property

Bonnie Miller

Hallmark Excellence Realty Listed on: 06/12/2022

Last Buyer's Agent

Virgen Morales

Lewis & Lambright Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1900

Lot Details

  • 9,749 Sq Ft Lot
  • Lot Dimensions are 65x150

Home Design

  • Triplex
  • Wood Siding
  • Shingle Siding
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Entrance Foyer
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Exterior Basement Entry
  • Stone or Rock in Basement

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Topeka Elementary School
  • Westview Middle School
  • Westview High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 44-12-36-200-000.004-008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $683
  • Water Sewer Expense $624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ORININAL PLAT-TOWN OF TOPEKA LOTS 8 & 9 (BLOCK 2) E 30.5' LOT 10 & 11 (BLOCK 2)
  • Parcel Number ID: 44-12-36-200-000.004-008
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fireplace, Off Street Parking, Built-In Bookcase, Eat-In Kitchen, Foyer Entry, Porch Covered, Porch Enclosed
  • Sp Lp Percent: 100.05
  • Annual Miscellaneous: 1500
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3808
  • Total Finished Sq Ft: 3808
  • Above Grade Finished Sq Ft: 2641
  • Below Grade Finished Sq Ft: 1167
  • Price Per Sq Ft: 71.94
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Outside Entrance
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl Tile, Wood
  • Total Below Grade Sq Ft: 1167
  • Number Of Disposals: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Shingle, Stone, Vinyl, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 683
  • Annual Water Sewer Expense: 624
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Westview School Corp.
  • Elementary School: Topeka
  • Middle School: Westview
  • High School: Westview
  • Elementary School: Topeka

Lot Info

  • Lot Dimensions: 65X150
  • Estimated Lot Sq Ft: 9749
  • Estimated Lot Size Acres: 0.2238
  • Lot Number: 10

Rental Info

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

Tax Info

  • Total Assessed Value: 138500
  • Annual Property Tax: 3419.12

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: Westview
  • Middle School: Westview
  • School District: Westview School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Jul 22, 2022
Sold by
Bill Hochstetler F and Bill Norma F
Bought by
Theirs Aung M
Seller's Agent
Bonnie Miller
Hallmark Excellence Realty
Buyer's Agent
Virgen Morales
Lewis & Lambright Inc
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$266,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,366
Avg. Annual Appreciation
11.80%
Original Mortgage
$152,000
Outstanding Balance
$146,400
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$116,481
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
Theirs Aung M -- Eberhard Weimer & Glick Pc
Bill Hochstetler And Norma J Hochstetler Fami -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theirs Aung M $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $190,000 +0.1% $50 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $189,900 -- $50 / 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 $4,418 $193,700 $27,800 $165,900
2023 $4,293 $188,500 $27,000 $161,500
2022 $3,881 $169,200 $22,500 $146,700
2021 $3,347 $147,500 $21,500 $126,000
2020 $3,148 $138,500 $20,800 $117,700
2019 $3,108 $136,400 $20,800 $115,600
2018 $3,158 $139,500 $20,800 $118,700
2017 $2,456 $113,000 $20,800 $92,200
2016 $2,340 $117,000 $20,800 $96,200
2014 $2,276 $113,800 $20,800 $93,000
2013 $2,276 $114,900 $20,800 $94,100
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Miller

    Seller's Agent in 2022

    Bonnie Miller

    Hallmark Excellence Realty

    (260) 894-2202

    13 Total Sales

    Bonnie Miller
    Section Image
  • Virgen Morales

    Buyer's Agent in 2022

    Virgen Morales

    Lewis & Lambright Inc

    (260) 479-5503

    154 Total Sales

    Virgen Morales
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202223223

Indiana Regional MLS

APN: 44-12-36-200-000.004-008

Indiana LaGrange County Topeka 46571

216 S Babcock St Unit 3, Topeka, IN

This home is located at 216 S Babcock St Unit 3, Topeka, IN 46571 since 12 June 2022 and is currently estimated at $266,366, approximately $69 per square foot. This property was built in 1900. 216 S Babcock St Unit 3 is a home located in LaGrange County with nearby schools including Topeka Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

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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