NOT LISTED FOR SALE

230 E Columbia St Flora, IN 46929

14 Beds
6 Baths
8,574 Sq Ft
9,888 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $136,500 $16 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Laundry Facilities
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of June 2020

Six unit cash flow positive apartment building in the heart of Flora. The building consists four 2 bed 1 bath units, two 1 bed 1 bath units, and a shared laundry room with coin operated washer / dryer. All units are separately metered for water and electricity, no gas utilities in the building. Landlord pays for laundry room utilities and lights for parking lot. Agent is seller.

Last Agent to Sell the Property

Calvin Dykhuizen

Trueblood Real Estate Listed on: 04/24/2020

Trueblood Real Estate

Last Buyer's Agent

Steve Schwering

Schwering Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1900

Lot Details

  • 9,888 Sq Ft Lot
  • Lot Dimensions are 60x165
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Shingle Siding
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Full Bathrooms

Finished Basement

  • Block Basement Construction
  • Laundry in Basement
  • 1 Bathroom in Basement
  • 5 Bedrooms in Basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Carroll Elementary And Middle School
  • Carroll High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, heating, water
  • The owner pays for lawn maintenance, maintenance
  • Assessor Parcel Number 08-10-03-006-125.000-016

Community Details

Building Details

  • Electric Expense $1,800
  • Insurance Expense $1,700
  • Maintenance Expense $1,000
  • Water Sewer Expense $900

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 120
  • Style: Three Story
  • Architectural Style: Traditional
  • Bedrooms: 14
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: 018-06125-00 PT SW 3-24-1 .35 AC
  • Parcel Number ID: 08-10-03-006-125.000-016
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Water Heater Electric
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 5
  • Sp Lp Percent: 80.34
  • Monthly Gross Income: 2250
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 8574
  • Total Finished Sq Ft: 8574
  • Above Grade Finished Sq Ft: 6786
  • Below Grade Finished Sq Ft: 1788
  • Price Per Sq Ft: 20.11
  • Basement: Yes
  • Basement Foundation: Finished, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl Tile
  • Number Below Grade Bathrooms: 1
  • Total Below Grade Sq Ft: 1788
  • Number Of Ranges Ovens: 6
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Shingle, Stone, Vinyl
  • Roof Material: Shingle
  • Stories: 3

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 6
  • Parking: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1800
  • Annual Insurance Expense: 1700
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 900
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

  • School District: Carroll Cons. School Corp.
  • Elementary School: Carroll
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Carroll

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x165
  • Estimated Lot Sq Ft: 9888
  • Estimated Lot Size Acres: 0.227

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance
  • Tenant Pays: Cable, Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 2250
  • Number Of Dryers: 1
  • Number Of Refrigerators: 6
  • Number Of Units: 6
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2446

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Carroll Cons. School Corp.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $136,500 -19.7% $16 / Sq Ft
05/04/2020 05/04/20 Price Changed $169,900 -5.6% $20 / Sq Ft
04/24/2020 04/24/20 For Sale $179,900 -- $21 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202014216

Indiana Regional MLS