NOT LISTED FOR SALE

218 N Jefferson St Berne, IN 46711

Estimated Value: $89,000 - $138,464

5 Beds
3 Baths
2,312 Sq Ft
$49/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $80,000 $35 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $733/month

43 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • Carpet
  • Shed

About This Home

As of January 2024

Great investment opportunity. This is your chance to own a triplex featuring a 1-bedroom apartment and a 2-bedroom apartment on the main floor with a 2-bedroom apartment upstairs. 1 unit is empty the other 2 are on month-to-month rent. Home has lots of potential as rentals are at a premium and in high demand.

Last Agent to Sell the Property

Bart Lehman

Miz Lehman REALTORS-Auctioneer Brokerage Phone: 260-589-2903 Listed on: 11/28/2023

Last Buyer's Agent

Bart Lehman

Miz Lehman REALTORS-Auctioneer Brokerage Phone: 260-589-2903 Listed on: 11/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1876

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Corner Lot

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • South Adams Elementary And Middle School
  • South Adams High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Community Well

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, snow removal, tax, water
  • Assessor Parcel Number 01-08-33-301-296.000-010

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $3,000
  • Water Sewer Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,325

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1876
  • Age: 148
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 3RD ADD LOT 39
  • Parcel Number ID: 01-08-33-301-296.000-010
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 66.72
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3283
  • Total Finished Sq Ft: 2312
  • Above Grade Finished Sq Ft: 2312
  • Below Grade Sq Ft: 971
  • Price Per Sq Ft: 34.6
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Finished
  • Total Below Grade Sq Ft: 971
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 240

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Well Type: Community
  • Annual Fuel Expense: 3000
  • Annual Water Sewer Expense: 2000
  • Number Of W D Hookups: 1

Schools

  • School District: South Adams
  • Elementary School: South Adams
  • Middle School: South Adams
  • High School: South Adams
  • Elementary School: South Adams

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 X 132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Snow Removal, Tax, Water

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1325

MLS Schools

  • High School: South Adams
  • Middle School: South Adams
  • School District: South Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 26, 2024
Sold by
Smd Indiana Llc
Bought by
Lehman Barton L
Seller's Agent
Bart Lehman
Miz Lehman REALTORS-Auctioneer
Buyer's Agent
Bart Lehman
Miz Lehman REALTORS-Auctioneer
List Price
$119,900
Sold Price
$80,000
Premium/Discount to List
-$39,900
-33.28%
Views
106
Current Estimated Value
$112,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,616
Avg. Annual Appreciation
20.18%
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
Lehman Barton L $80,000 Baumgartner Attorneys Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $80,000 -33.3% $35 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/28/2023 11/28/23 For Sale $119,900 -- $52 / 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 $1,446 $71,500 $13,900 $57,600
2023 $1,370 $67,700 $13,900 $53,800
2022 $1,324 $65,400 $13,900 $51,500
2021 $1,204 $60,200 $13,200 $47,000
2020 $1,158 $57,100 $13,200 $43,900
2019 $1,106 $54,500 $13,200 $41,300
2018 $1,060 $52,200 $13,200 $39,000
2017 $1,038 $51,600 $13,900 $37,700
2016 $1,020 $50,700 $13,900 $36,800
2014 $1,014 $50,700 $13,900 $36,800
2013 $980 $49,000 $13,900 $35,100
Source: Public Records

Agents Affiliated with this Home

  • Bart Lehman

    Seller's Agent in 2024

    Bart Lehman

    Miz Lehman REALTORS-Auctioneer

    (260) 223-1273

    51 in this area

    115 Total Sales

    Bart Lehman
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Map

Source: Indiana Regional MLS

MLS Number: 202343149

Indiana Regional MLS

APN: 01-08-33-301-296.000-010

Indiana Adams County Berne 46711

218 N Jefferson St, Berne, IN

This home is located at 218 N Jefferson St, Berne, IN 46711 since 28 November 2023 and is currently estimated at $112,616, approximately $48 per square foot. This property was built in 1876. 218 N Jefferson St is a home located in Adams County with nearby schools including South Adams Elementary School, South Adams Middle School, and South Adams 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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