NOT LISTED FOR SALE

Estimated Value: $239,131 - $265,000

3 Beds
2 Baths
1,438 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $130,000 $90 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,617/month

73 Days on Market

Highlights

  • 2 Car Attached Garage
  • Eat-In Kitchen
  • Luxury Vinyl Tile Flooring
  • Carroll Middle School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

INVESTMENT PROPERTY! Stable long-term corporate tenant. Sale subject to lessee rights with security deposit to transfer to buyer. Three bedroom, 2 bath home.

Last Agent to Sell the Property

Cathy Adelsperger

CENTURY 21 Bradley Realty, Inc Listed on: 10/24/2016

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Cari Davidson

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Kevin Gerbers

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 2003

Lot Details

  • 7,802 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Screen For Fireplace

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Hickory Center Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating, lawn maintenance, maintenance, snow removal, sewer, water
  • The owner pays for association dues, building insurance, tax
  • Assessor Parcel Number 02-02-31-201-013.000-091

Community Details

Overview

  • Laurel Ridge Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: INVESTMENT
  • Year Built: 2003
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Laurel Ridge Sec I Lot 46 |
  • Parcel Number ID: 02-02-31-201-013.000-091
  • Platted: Yes
  • Amenities: Fireplace, Countertops-Laminate, Eat-In Kitchen, Fireplace Screen/Door, Garage Door Opener, Patio Open
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1438
  • Total Finished Sq Ft: 1438
  • Above Grade Finished Sq Ft: 1438
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1438
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 500
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 125
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Hickory Center

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 65x120
  • Estimated Lot Sq Ft: 7802
  • Estimated Lot Size Acres: 0.1791
  • Lot Number: 46

Rental Info

  • Lease Term: 3 or More Years
  • Owner Pays: Association Dues, Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Water

Tax Info

  • Annual Property Tax: 1468

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Jan 31, 2017
Sold by
Adels Enterprises Llc
Bought by
Ktksb Llc
Seller's Agent
Cathy Adelsperger
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Kevin Gerbers
CENTURY 21 Bradley Realty, Inc
List Price
$144,900
Sold Price
$130,000
Premium/Discount to List
-$14,900
-10.28%
Current Estimated Value
$255,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,033
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Geeting Brian
Bought by
Adels Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Vaughn Sarah A
Bought by
Providence Llc

Purchase Details

Closed on
Nov 10, 2004
Sold by
Providence Llc
Bought by
Vaughn Sarah A

Purchase Details

Closed on
Feb 7, 2003
Sold by
Pt Development Corp
Bought by
Providence Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ktksb Llc $130,000 --
Ktksb Enterprises I Llc $130,000 Renaissance Title
Adels Enterprises Llc -- Renaissance Title
Providence Llc -- Metropolitan Title Of In
Vaughn Sarah A -- --
Providence Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adels Enterprises Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $130,000 -10.3% $90 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $144,900 -- $101 / 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 $3,208 $158,800 $20,900 $137,900
2022 $2,657 $128,300 $18,800 $109,500
2021 $2,656 $127,500 $21,100 $106,400
2020 $2,552 $121,500 $22,100 $99,400
2019 $2,357 $112,200 $20,900 $91,300
2018 $2,286 $111,600 $21,100 $90,500
2017 $1,602 $80,100 $16,500 $63,600
2016 $1,460 $73,000 $15,800 $57,200
2014 $1,468 $73,400 $16,700 $56,700
2013 $1,540 $77,000 $18,100 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201648896

Indiana Regional MLS

APN: 02-02-31-201-013.000-091