$120,000
SOLD NOV 8, 2024

301 N Orange St Albion, IN 46701

3 Beds
2.5 Baths
2,431 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$49 Per Sq Ft

29% Below List Price

259 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Level Lot
  • Laundry in Utility Room
  • Ceiling Fan
  • Wood Siding

About This Home

As of November 2024

Explore this charming 19th-century duplex residence nestled in the quiet and welcoming town of Albion. This duplex property boasts an impressive 2,800 square feet of living space. It features a downstairs apartment with two bedrooms and 1 bathroom, equipped with gas forced air heating and central air conditioning. The upstairs apartment comprises one bedroom and one bathroom. If desired, transforming this duplex back into a single-family home is as simple as reopening the stairway door. Whether you opt to occupy just a part or the entirety of this home, you'll be pleasantly surprised by the potential of this property. Additional Information: The main-level unit currently pays $750 per month in rent, and the upper unit also pays $750 per month. All current rents are on a month-to-month basis.

Last Agent to Sell the Property

Berto Barrera

RE/MAX Results- Warsaw Brokerage Phone: 574-253-7400 Listed on: 02/09/2024

RE/MAX Results- Warsaw

Last Buyer's Agent

Mariah Jaenichen

The Douglass Home Team, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 76x87
  • Level Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Basement
  • Michigan Basement
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Albion Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 57-13-13-200-101.000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 124
  • 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: OP EX 45' W END LOT 15 OP 10' S SIDE EX 45' W END LOT 6 (200-084)
  • Parcel Number ID: 57-13-13-200-101.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Near Walking Trail, Porch Open, Water Heater Gas
  • Sp Lp Percent: 75
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 22 to pay 23
  • Special Features: None

Interior Features

  • Total Sq Ft: 3751
  • Total Finished Sq Ft: 2431
  • Above Grade Finished Sq Ft: 2431
  • Below Grade Sq Ft: 1320
  • Price Per Sq Ft: 49.36
  • Basement Foundation: Michigan Basement
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 1320
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: Central Noble Community
  • Elementary School: Albion
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Albion

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 76X87
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cable, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1895

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Nov 8, 2024
Sold by
Rico Julie
Bought by
Pulver Real Estate Llc
Seller's Agent
Berto Barrera
RE/MAX Results- Warsaw
Buyer's Agent
Mariah Jaenichen
The Douglass Home Team, LLC
List Price
$170,000
Sold Price
$120,000
Premium/Discount to List
-$50,000
-29.41%
Total Days on Market
259
Views
360
Current Estimated Value
$153,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,778
Avg. Annual Appreciation
35.38%

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 21, 2022
Sold by
Batista Batusita and Batista Lopez
Bought by
Jose Rico and Jose Perez
Seller's Agent
Berto Barrera
RE/MAX Results- Warsaw
Buyer's Agent
Berto Barrera
RE/MAX Results- Warsaw
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%

Purchase Details

Listed on
Nov 15, 2012
Closed on
May 30, 2013
Sold by
David B Mawhorter
Bought by
Thomas O Wigent
Seller's Agent
Steve Elser
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Steve Elser
CENTURY 21 Bradley Realty, Inc
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
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 Type Sale Price Title Company
Deed $120,000 Metropolitan Title Of Indiana
Deed $75,000 North American Title Company L
Deed $75,000 North American Title Company L
Deed $55,000 Assurance Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $120,000 -25.0% $49 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $160,000 -5.9% $66 / Sq Ft
02/09/2024 02/09/24 For Sale $170,000 +44.1% $70 / Sq Ft
04/21/2022 04/21/22 Sold $118,000 -1.6% $42 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $119,900 +118.0% $43 / Sq Ft
04/30/2013 04/30/13 Sold $55,000 -8.2% $20 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $59,900 -- $21 / 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 $2,970 $148,500 $18,400 $130,100
2023 $2,970 $120,800 $17,700 $103,100
2022 $1,870 $93,500 $11,800 $81,700
2021 $1,522 $76,100 $11,800 $64,300
2020 $1,389 $68,200 $10,600 $57,600
2019 $1,257 $61,600 $10,000 $51,600
2018 $1,241 $60,800 $10,000 $50,800
2017 $1,229 $60,200 $10,000 $50,200
2016 $679 $58,800 $10,000 $48,800
2014 $574 $53,100 $11,500 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202404196

Indiana Regional MLS

APN: 571313200101000002