NOT LISTED FOR SALE

2331 E Broadway Logansport, IN 46947

Estimated Value: $97,000 - $109,000

6 Beds
3.5 Baths
3,208 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $93,000 $29 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $738/month

1 Day on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System
  • Corner Lot

About This Home

As of May 2023

This building has 3 units. Unit 1 (downstairs) having 3 bedrooms, 1.5 bathrooms. Unit 2 (upstairs) having 2 bedrooms, 1 bathroom. Unit 3 (upstairs) being an efficiency apartment. There is a 2 car detached garage. Parking in rear and on the street.

Last Listed By

Deb Drinkwine

Modern Real Estate Listed on: 03/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 46x165
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Washer Hookup
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

  • Landis Elementary School
  • Columbia/Logansport Middle School
  • Logansport High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 09-17-60-240-001.000-010

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 113
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: McNary 1st Lot 28
  • Parcel Number ID: 09-17-60-240-001.000-010
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available, Eat-In Kitchen, Water Heater Gas, Washer Hook-Up
  • Sp Lp Percent: 116.4
  • Monthly Gross Income: 1275
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 4010
  • Total Finished Sq Ft: 3208
  • Above Grade Finished Sq Ft: 3208
  • Below Grade Sq Ft: 802
  • Price Per Sq Ft: 28.99
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 802
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Aluminum, Asphalt
  • Stories: 2
  • Outbuilding Sq Ft: 600

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 1320
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

  • School District: Logansport Community School Corp.
  • Elementary School: Landis
  • Middle School: Columbia/Logansport
  • High School: Logansport
  • Elementary School: Landis

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 46x165
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1275
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1586

MLS Schools

  • High School: Logansport
  • Middle School: Columbia/Logansport
  • School District: Logansport Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 3, 2023
Sold by
Fouts Beth A
Bought by
J David Llc
Seller's Agent
Deb Drinkwine
Modern Real Estate
Buyer's Agent
Rachel Henry
Modern Real Estate
List Price
$79,900
Sold Price
$93,000
Premium/Discount to List
$13,100
16.4%
Total Days on Market
1
Views
23
Current Estimated Value
$105,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,639
Avg. Annual Appreciation
9.76%
Original Mortgage
$74,400
Outstanding Balance
$71,176
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$41,184

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
J David Llc $93,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J David Llc $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $93,000 +16.4% $29 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $79,900 -- $25 / 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 $1,828 $92,400 $10,600 $81,800
2022 $1,586 $79,300 $10,600 $68,700
2021 $1,474 $73,700 $9,900 $63,800
2020 $1,370 $68,500 $9,900 $58,600
2019 $1,276 $63,800 $9,900 $53,900
2018 $1,354 $84,300 $9,900 $74,400
2017 $1,656 $82,800 $9,000 $73,800
2016 $1,518 $75,900 $9,000 $66,900
2014 $1,372 $68,600 $9,000 $59,600
2013 $1,372 $67,300 $9,000 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202308846

Indiana Regional MLS

APN: 09-17-60-240-001.000-010