$105,000
SOLD AUG 24, 2018

303 N Harrison St Syracuse, IN 46567

6 Beds
3 Baths
1,900 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

34% Below List Price

294 Days on Market

Highlights

  • Detached Second Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Enclosed patio or porch
  • Level Lot
  • 2-minute walk to Veteran's Memorial Park

About This Home

As of May 2023

MOTIVATED SELLERS OFFERING AN IN TOWN TRI-PLEX WITH GOOD INCOME RECORD. 3 - 2 bedroom units. New windows in the entire building, all units include Stoves and Refrigerators. Each unit separately metered. Current owners pay Sewer, Water, Direct TV (TV passed on to tenants) . All furnaces are high efficiency and approximately 9 years old. Newer plumbing throughout the building. There is also a detached garage which owners currently use themselves. Unit 1 includes Stove, Refrigerator, Washer, Dryer Microwave. Unit 2 includes Stove, & Refrigerator. Unit 3 has Stove, Refrigerator, stall shower & washer/dryer hook-up. Roof is 16 years old, building has new insulation. Live in one unit, rent the rest or rent all 3 for good income.

Last Agent to Sell the Property

Kay Young

ERA Crossroads Listed on: 09/29/2017

ERA Crossroads

Last Buyer's Agent

Amy Cavender

Northern Lakes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58 x 132
  • Level Lot

Home Design

  • Triplex
  • Converted Dwelling
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Michigan Basement
  • Basement Cellar

Parking

  • 3 Car Garage
  • Detached Second Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, cable, sewer, water, water softener
  • Assessor Parcel Number 43-04-05-300-484.000-026

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $500
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,119

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Age: 108
  • Style: Two Story
  • Architectural Style: Converted House
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 59 S & W 2ND ADD
  • Parcel Number ID: 43-04-05-300-484.000-026
  • Platted: Yes
  • Amenities: Off Street Parking, Garage Door Opener, Porch Enclosed
  • Grid: 50 - N.E. Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75.54
  • Monthly Gross Income: 1775
  • Special Features: None

Interior Features

  • Total Sq Ft: 2121
  • Total Finished Sq Ft: 1900
  • Above Grade Finished Sq Ft: 1900
  • Below Grade Sq Ft: 221
  • Price Per Sq Ft: 55.26
  • Basement: Yes
  • Basement Foundation: Cellar, Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 221
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 756

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Off Street, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Private
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: DirectTV
  • Hvac: High Efficiency Furnace
  • Well Type: Private
  • Annual Trash Expense: 500
  • Annual Water Sewer Expense: 1800
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 58 x 132
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Cable, Sewer, Water, Water Softener
  • Tenant Pays: Cable, Cooling, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1775
  • Number Of Dryers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 10, 2023
Sold by
Bontrager Darren Jon
Bought by
Clicks Properties Llc
Seller's Agent
Amy Cavender
Northern Lakes Realty
Buyer's Agent
Terry Van Duyne
Listing Leaders, NCI-Culver
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Views
49
Current Estimated Value
$318,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,248
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Sep 29, 2017
Closed on
Aug 23, 2018
Sold by
Werker Ira L and Werker Linda I
Bought by
Bontrager Darren Jon
Seller's Agent
Kay Young
ERA Crossroads
Buyer's Agent
Amy Cavender
Northern Lakes Realty
List Price
$159,000
Sold Price
$105,000
Premium/Discount to List
-$54,000
-33.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%
Original Mortgage
$78,750
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Warranty Deed $225,000 None Listed On Document
Warranty Deed $105,000 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,750 Future Advance Clause Open End Mortgage
Previous Owner $89,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $225,000 -1.7% $99 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $229,000 +118.1% $101 / Sq Ft
08/24/2018 08/24/18 Sold $105,000 -24.5% $55 / Sq Ft
05/14/2018 05/14/18 Price Changed $139,000 -12.6% $73 / Sq Ft
09/29/2017 09/29/17 For Sale $159,000 -- $84 / 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 $3,127 $190,500 $17,600 $172,900
2023 $2,524 $147,500 $17,600 $129,900
2022 $2,227 $127,700 $15,100 $112,600
2021 $1,577 $89,100 $15,100 $74,000
2020 $1,547 $87,500 $12,700 $74,800
2019 $1,564 $83,200 $12,700 $70,500
2018 $1,443 $78,700 $12,100 $66,600
2017 $1,289 $70,000 $12,100 $57,900
2016 $1,118 $67,300 $9,900 $57,400
2014 $1,116 $65,100 $9,900 $55,200
2013 $1,116 $65,100 $9,900 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201745059

Indiana Regional MLS

APN: 43-04-05-300-484.000-026