NOT LISTED FOR SALE

Estimated Value: $105,477 - $142,000

4 Beds
1 Bath
15,117 Sq Ft
$8/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $190,000 $13 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $792/month

27 Days on Market

Highlights

  • 1.5-Story Property
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Multiple cooling system units
  • Laundry Facilities
  • 5-minute walk to Third & Park Playground

About This Home

As of May 2013

Great Investment opportunity!! 10 Buildings, 14 Units Solid Rental History. All but 2 unites are section 8 approved and all but 1 currently occupied . Perfect to add or start your rental portfolio and have instant income at $8480.00 monthly! . Great condition and well cared for. All ready for the new owner to just start collecting the checks! Don't miss this great opportunity. Ready for Offers Now

Last Agent to Sell the Property

Tara Lochmandy

Cressy & Everett- Goshen Listed on: 04/13/2013

Cressy & Everett- Goshen

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,269

Home Design

  • 15,117 Sq Ft Home
  • 1.5-Story Property
  • Brick Exterior Construction
  • Vinyl Construction Material

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, water
  • The owner pays for electric, fuel, sewer, water
  • Assessor Parcel Number 0608229005012

Community Details

Overview

  • 10 Buildings
  • 14 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Fuel Expense $1,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Legal Description: Long see attached |
  • Parcel Number ID: 0608229005012
  • Platted: Yes
  • Amenities: Storage
  • Parcel Id2: 0607233014012
  • Sp Lp Percent: 90.48
  • Monthly Gross Income: 8480
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Sq Ft: 15117
  • Basement Foundation: Full Basement, Michigan Basement
  • Number Of Ranges Ovens: 10

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Electricity, Gas, Forced Air, Multiple Heating Systems
  • Annual Fuel Expense: 1120

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Lot Info

  • Lot Dimensions: 10 Lots

Rental Info

  • Owner Pays: Electric, Fuel, Sewer, Water
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Water

Tax Info

  • Annual Property Tax: 6550

Multi Family

  • Number Of Refrigerators: 10
  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2013
Closed on
Jun 10, 2013
Sold by
Unique Investment Group Llc
Bought by
Unique Managment Llc
Seller's Agent
Tara Lochmandy
Cressy & Everett- Goshen
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Total Days on Market
27
Current Estimated Value
$123,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,381
Avg. Annual Appreciation
-3.72%

Purchase Details

Closed on
May 31, 2012
Sold by
Holtzinger Paul F and Doris Holtzinger V
Bought by
Holtzinger V Doris
Source: Public Records

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Range of Values:

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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
Unique Managment Llc -- None Available
Holtzinger V Doris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Unique Management Llc $35,666
Closed Unique Management Llc $16,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $190,000 -9.5% $13 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $210,000 -- $14 / 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 $1,179 $57,200 $5,900 $51,300
2022 $1,179 $57,200 $5,900 $51,300
2021 $1,093 $52,900 $5,900 $47,000
2020 $1,162 $52,900 $5,900 $47,000
2019 $646 $29,100 $2,900 $26,200
2018 $1,083 $49,100 $5,900 $43,200
2017 $646 $28,800 $2,900 $25,900
2016 $645 $28,800 $2,900 $25,900
2014 $582 $27,000 $2,900 $24,100
2013 $570 $28,200 $9,100 $19,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666606

Indiana Regional MLS

APN: 20-06-08-229-005.000-012