NOT LISTED FOR SALE

303 S Franklin St Mentone, IN 46539

Estimated Value: $126,000 - $176,119

2 Beds
2 Baths
2,037 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $80,000 $39 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $844/month

150 Days on Market

Highlights

  • Radiant Floor
  • Ceiling Fan
  • Level Lot
  • Zoned Heating
  • Baseboard Heating
  • Community Storage Space

About This Home

As of March 2019

INVESTORS TAKE NOTE! This duplex is dressed up and ready for your tenants. It is currently vacant. Each side has one bedroom and one bathroom, full basement, common area, large lot. well cared for rental property.

Last Agent to Sell the Property

Terry Baker

Kosciusko County Lakes Realty Listed on: 09/02/2018

Last Buyer's Agent

Dave Goebel

RE/MAX OAK CREST -PLYMOUTH

RE/MAX OAK CREST -PLYMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 82x190
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Radiant Floor
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for lawn maintenance, maintenance, snow removal
  • Assessor Parcel Number 43-13-01-400-077.000-036

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $500
  • Maintenance Expense $450
  • Water Sewer Expense $600

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,979

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Age: 69
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 016-010-014 W Pt Sw Pt Nw 1-31-4 .40A |
  • Parcel Number ID: 43-13-01-400-077.000-036
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Water Heater Gas
  • Grid: 30 - S.W. Kosc.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.47
  • Monthly Gross Income: 1150
  • Special Features: None

Interior Features

  • Total Sq Ft: 2737
  • Total Finished Sq Ft: 2037
  • Above Grade Finished Sq Ft: 2037
  • Below Grade Sq Ft: 700
  • Price Per Sq Ft: 39.27
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Total Below Grade Sq Ft: 700
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Heating Fuel: Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, RAD Floors - Hydronic, Zoned Heating
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 450
  • Annual Water Sewer Expense: 600
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 82x190
  • Estimated Lot Sq Ft: 17424
  • Estimated Lot Size Acres: 0.4

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1150
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2018
Closed on
Mar 8, 2019
Sold by
Jlg Enterprises I Llc
Bought by
Mcoscar Spencer
Seller's Agent
Terry Baker
Kosciusko County Lakes Realty
Buyer's Agent
Dave Goebel
RE/MAX OAK CREST -PLYMOUTH
List Price
$97,000
Sold Price
$80,000
Premium/Discount to List
-$17,000
-17.53%
Current Estimated Value
$139,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,398
Avg. Annual Appreciation
10.43%
Original Mortgage
$76,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1998
Sold by
Freeman Gruenwald
Bought by
Jlg Enterprises I Llc
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 Buyer Sale Price Title Company
Mcoscar Spencer $80,000 Fidelity National Title Compan
Jlg Enterprises I Llc $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcoscar Spencer $78,000
Closed Mcoscar Spencer $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $80,000 -17.5% $39 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
09/02/2018 09/02/18 For Sale $97,000 -- $48 / 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 $1,002 $116,500 $11,900 $104,600
2023 $912 $110,100 $11,900 $98,200
2022 $1,204 $119,600 $11,900 $107,700
2021 $924 $98,300 $11,900 $86,400
2020 $962 $99,400 $11,900 $87,500
2019 $1,928 $102,400 $11,900 $90,500
2018 $2,027 $99,400 $11,900 $87,500
2017 $1,979 $97,100 $11,900 $85,200
2016 $1,936 $95,000 $11,900 $83,100
2014 $2,418 $120,400 $11,900 $108,500
2013 $2,418 $120,500 $11,900 $108,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Terry Baker

    Kosciusko County Lakes Realty

    Section Image
  • Dave Goebel

    Buyer's Agent in 2019

    Dave Goebel

    RE/MAX

    (574) 936-7616

    131 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201839779

Indiana Regional MLS

APN: 43-13-01-400-077.000-036

Indiana Kosciusko County Mentone 46539

303 S Franklin St, Mentone, IN

This home is located at 303 S Franklin St, Mentone, IN 46539 since 02 September 2018 and is currently estimated at $148,280, approximately $72 per square foot. This property was built in 1950. 303 S Franklin St is a home located in Kosciusko County with nearby schools including Tippecanoe Valley High School.

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.

Indiana 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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