NOT LISTED FOR SALE

228 E South B St Gas City, IN 46933

Estimated Value: $104,000 - $137,000

3 Beds
2.5 Baths
2,246 Sq Ft
$55/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $75,000 $33 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $742/month

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet
  • Covered patio or porch
  • Ceiling Fan
  • 4-minute walk to Hontz Hall

About This Home

As of May 2021

Duplex, downstairs is a 2/3 bedroom, 1.5 baths apartment. Upstairs is a one bedroom, 1 bath apartment.

Last Agent to Sell the Property

Nate Nicholson

Nicholson Realty 2.0 LLC Listed on: 05/06/2021

Last Buyer's Agent

Nate Nicholson

Nicholson Realty 2.0 LLC Listed on: 05/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 82x82
  • Corner Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,246 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, sewer, snow removal, water, deposit value
  • The owner pays for electric
  • Assessor Parcel Number 27-07-34-302-160.000-018

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,092

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 85 1/2' N ENDS OF LOTS 225 & 226 & 83 1/2' N/END E 1/2 LOT 227 G C L COS 1ST ADD
  • Parcel Number ID: 27-07-34-302-160.000-018
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Annual Miscellaneous: 1
  • Monthly Gross Income: 1150
  • Special Features: None

Interior Features

  • Total Sq Ft: 2246
  • Total Finished Sq Ft: 2246
  • Above Grade Finished Sq Ft: 2246
  • Price Per Sq Ft: 33.39
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: Vectren Energy
  • Annual Electric: 1200
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Mississinewa Community School Corp.
  • Elementary School: Westview/Northview
  • Middle School: R J Basket
  • High School: Mississinewa

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 82x82
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric
  • Tenant Pays: Cable, Sewer, Snow Removal, Water, Deposit Value

Multi Family

  • Gross Monthly Rent: 1150
  • 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: 1092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 14, 2021
Sold by
Rock Charles B
Bought by
Boomtown Enterprises Llc
Seller's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$119,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,872
Avg. Annual Appreciation
12.27%
Original Mortgage
$56,250
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 6, 2021
Closed on
May 7, 2021
Sold by
Catey Cameron
Bought by
Rock Charles B
Seller's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 12, 2019
Sold by
Rsj T
Bought by
Powell Toni

Purchase Details

Closed on
Nov 14, 2014
Sold by
Kaltz
Bought by
Catey Cameron
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
Boomtown Enterprises Llc -- None Available
Boomtown Llc -- None Available
Rock Charles B $75,000 None Available
Powell Toni -- --
Catey Cameron $47,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rock Charles B $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $75,000 0.0% $33 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $75,000 -- $33 / 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 $1,034 $51,700 $10,500 $41,200
2023 $1,034 $51,700 $10,500 $41,200
2022 $1,034 $51,700 $9,200 $42,500
2021 $1,092 $54,600 $9,200 $45,400
2020 $1,092 $54,600 $9,200 $45,400
2019 $1,092 $54,600 $9,200 $45,400
2018 $1,092 $54,600 $9,200 $45,400
2017 $1,092 $54,600 $9,200 $45,400
2016 $1,092 $54,600 $9,200 $45,400
2014 $1,019 $54,600 $9,200 $45,400
2013 $1,019 $70,300 $9,200 $61,100
Source: Public Records

Agents Affiliated with this Home

  • Nate Nicholson

    Seller's Agent in 2021

    Nate Nicholson

    Nicholson Realty 2.0 LLC

    (765) 661-8516

    57 in this area

    142 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202116552

Indiana Regional MLS

APN: 27-07-34-302-160.000-018

Indiana Grant County Gas City 46933

228 E South B St, Gas City, IN

This home is located at 228 E South B St, Gas City, IN 46933 since 06 May 2021 and is currently estimated at $124,178, approximately $55 per square foot. This property was built in 1920. 228 E South B St is a home located in Grant County with nearby schools including Westview Elementary School, Northview Elementary School, and R.J. Baskett Middle 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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