NOT LISTED FOR SALE

299 E 15th Ave Columbus, OH 43201

Indianola Terrace Neighborhood
4 Beds
-- Baths
10,681 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 22, 2017

Last sale price $1,045,000 $98 Per Sq Ft

42 Days on Market

About This Home

As of September 2017

OSU off-campus student investment property containing 4 - 3 BD / 1.5 BA and 1 - 4 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens and baths, hardwood floors, thermal pane windows, central A/C, recessed lighting and electronic locks. The property is 100% pre-leased for 2017-18 academic year with a total annual income is $109,440. Tenants pay all utilities. Can be purchased individually or part of an off-campus portfolio that includes 307 E. 15th, 1608 Summit and 1662 Summit.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 07/14/2017

Last Buyer's Agent

David Blakemore

RE/MAX Premier Choice License #2008001994

RE/MAX Premier Choice
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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,937

Year Built

  • Built in 1923

Lot Details

  • 8,276

Parking

  • Off-Street Parking: 1

Home Design

  • 10,681 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-015744

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $35,265
  • Gross Income $109,440
  • Net Operating Income $74,175

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,937

Year Built

Built in 1923

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1923
  • Tax Year: 2016
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.19
  • Total Gross Income: 109440.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Standard Status: Closed
  • Location Property Info List PriceSqFt: 98.31
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 109440.0
  • Annual Expenses: 35265.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 10681.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-015744
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 2360.0
  • Number Of Units Total: 5
  • Net Operating Income: 74175.0
  • Annual Operating Expense: 35265.0

Tax Info

  • Tax Annual Amount: 18937.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Indianola Terrace, OH

  • Jennifer Kessel-White Real Estate Agent - KW Classic Properties Realty

    Jennifer Kessel-White

    KW Classic Properties Realty

    (380) 333-6311

    187 Total Sales

    1 in Indianola Terrace

    $649,000 Price

    Jennifer Kessel-White
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  • Lance Gordon Real Estate Agent - Plum Tree Realty

    Lance Gordon

    Plum Tree Realty

    (380) 800-5760

    41 Total Sales

    1 in Indianola Terrace

    $40,000 Price

    Lance Gordon
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  • Lincoln Lemon Real Estate Agent - Century 21 Excellence Realty

    Lincoln Lemon

    Century 21 Excellence Realty

    (316) 531-4771

    71 Total Sales

    1 in Indianola Terrace

    $204,425 Price

    Lincoln Lemon
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  • Stephanie Harget Real Estate Agent - Real of Ohio

    Stephanie Harget

    Real of Ohio

    (740) 313-8509

    99 Total Sales

    1 in Indianola Terrace

    $303,500 Price

    Stephanie Harget
     Section Image
  • Dara Barker Real Estate Agent - Keller Williams Consultants

    Dara Barker

    Keller Williams Consultants

    (614) 686-2386

    160 Total Sales

    1 in Indianola Terrace

    $605,000 Price

    Dara Barker
     Section Image
  • Glenn Moog Real Estate Agent - Keller Williams Capital Ptnrs

    Glenn Moog

    Responds Quickly

    Keller Williams Capital Ptnrs

    (380) 210-0691

    187 Total Sales

    2 in Indianola Terrace

    $323K - $325K Price Range

    Glenn Moog
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Hummel Title Box
University Manors Ltd $245,000 Title Co Lt
Campus Properties Equity $239,000 --
-- $280,000 --
-- $155,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,732,500
Previous Owner Uml I Llc $13,600,000
Previous Owner University Manors Ltd $349,887
Previous Owner University Manors Ltd $436,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $1,045,000 -0.5% $98 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $1,050,000 -- $98 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $26,238 $353,500 $34,860 $318,640
2024 $26,238 $353,500 $34,860 $318,640
2023 $25,823 $353,500 $34,860 $318,640
2022 $22,180 $295,760 $26,430 $269,330
2021 $22,275 $295,760 $26,430 $269,330
2020 $22,122 $295,760 $26,430 $269,330
2019 $18,888 $227,510 $20,340 $207,170
2018 $18,205 $227,510 $20,340 $207,170
2017 $18,716 $227,510 $20,340 $207,170
2016 $18,937 $217,600 $20,340 $197,260
2015 $17,582 $217,600 $20,340 $197,260
2014 $17,574 $217,600 $20,340 $197,260
2013 $8,678 $216,860 $20,335 $196,525
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown Real Estate Agent - Brown Multifamily Advisors,LLC

    Seller's Agent in 2017

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    4 in this area

    15 Total Sales

    Matthew Brown
    Section Image
  • David Blakemore Real Estate Agent - RE/MAX

    Buyer's Agent in 2017

    David Blakemore

    RE/MAX

    (614) 778-0358

    42 Total Sales

    David Blakemore
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217020812

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43201 Indianola Terrace

299 E 15th Ave, Columbus, OH

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.

Columbus and Central Ohio 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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