NOT LISTED FOR SALE

222 S Cowen St Garrett, IN 46738

Estimated Value: $142,000 - $163,000

3 Beds
2 Baths
1,744 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $89,900 $52 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $994/month

1 Day on Market

Highlights

  • Detached Second Garage
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of June 2020

Cash flow 1315 a month! This duplex has the major things done. New furnace in basement. recently painted exterior and lower unit. Lower unit : 715/mo - Upper unit $600/mo. Separate meters for both units. 1 car detached garage. Small lawn to mow. Nice L shape porch on lower unit, hardwood floors, high ceilings and character. Upstairs: hardwood floors, fresh paint, long term tenant. Lower unit has central air.

Last Agent to Sell the Property

Tammie Jones

Open Door Rentals and Real Estate Listed on: 04/23/2020

Last Buyer's Agent

Jordan Wildman

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,038

Year Built

  • Built in 1945

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25x77
  • Level Lot

Home Design

  • Duplex
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Eat-In Kitchen
  • Laundry in Kitchen
  • Partially Finished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Detached Second Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, snow removal, trash collection, water
  • The owner pays for lawn maintenance, tax
  • Assessor Parcel Number 17-09-04-237-029.000-013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,038

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Age: 75
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Po E 77' - parcel id 170904237029000013
  • Parcel Number ID: 17-09-04-237-029.000-013
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Built-In Bookcase, Ceiling-9+, Eat-In Kitchen, Garage Door Opener, Porch Covered, Water Heater Electric, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.64
  • Annual Miscellaneous: 1578
  • Monthly Gross Income: 1315
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2494
  • Total Finished Sq Ft: 1744
  • Above Grade Finished Sq Ft: 1744
  • Below Grade Sq Ft: 750
  • Price Per Sq Ft: 51.55
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Laminate, Tile, Wood
  • Main Level Sq Ft: 994
  • Total Below Grade Sq Ft: 750
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Block
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 144

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Private

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 25x77
  • Estimated Lot Sq Ft: 1742
  • Estimated Lot Size Acres: 0.04

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1315
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1038

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 17, 2020
Sold by
Gng Real Estate Holdings Llc
Bought by
Baker Ranielle
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Jordan Wildman
eXp Realty, LLC
List Price
$94,000
Sold Price
$89,900
Premium/Discount to List
-$4,100
-4.36%
Current Estimated Value
$154,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,982
Avg. Annual Appreciation
10.81%
Original Mortgage
$67,425
Outstanding Balance
$60,553
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$92,609

Purchase Details

Closed on
Nov 1, 2018
Sold by
Pfeiffer Scott A
Bought by
Gng Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 2, 2016
Sold by
Woc Properties Llc
Bought by
Pfeiffer Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2013
Sold by
Creager Betty Alice
Bought by
Woc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.31%
Mortgage Type
Commercial
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
Baker Ranielle -- None Available
Gng Real Estate Holdings Llc -- None Available
Pfeiffer Scott A -- --
Woc Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Ranielle $67,425
Previous Owner Gng Real Estate Holdings Llc $176,800
Previous Owner Pfeiffer Scott A $42,400
Previous Owner Pfeiffer Scott A $15,728
Previous Owner Woc Properties Llc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $89,900 -4.4% $52 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $94,000 -- $54 / 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 $1,805 $94,300 $17,100 $77,200
2023 $1,853 $92,400 $16,700 $75,700
2022 $1,780 $89,000 $15,700 $73,300
2021 $1,596 $79,800 $15,000 $64,800
2020 $1,375 $68,200 $13,400 $54,800
2019 $1,038 $51,600 $6,700 $44,900
2018 $1,036 $51,500 $6,700 $44,800
2017 $1,447 $71,800 $6,700 $65,100
2016 $1,431 $71,000 $6,700 $64,300
2014 $1,324 $66,200 $6,700 $59,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tammie Jones

    Open Door Rentals and Real Estate

    (260) 438-1087

    20 in this area

    125 Total Sales

    Tammie Jones
    Section Image
  • Jordan Wildman

    Buyer's Agent in 2020

    Jordan Wildman

    eXp Realty, LLC

    (260) 498-0384

    4 in this area

    238 Total Sales

    Jordan Wildman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202014083

Indiana Regional MLS

APN: 17-09-04-237-029.000-013

Indiana Dekalb County Garrett 46738

222 S Cowen St, Garrett, IN

This home is located at 222 S Cowen St, Garrett, IN 46738 since 23 April 2020 and is currently estimated at $154,882, approximately $88 per square foot. This property was built in 1945. 222 S Cowen St is a home located in DeKalb County with nearby schools including J.E. Ober Elementary School, Garrett Middle School, and Garrett 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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