NOT LISTED FOR SALE

304 Mechanic St Angola, IN 46703

Estimated Value: $204,000 - $244,000

4 Beds
2 Baths
1,776 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $116,000 $65 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,451/month

140 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Eat-In Kitchen
  • Level Lot
  • 1-Story Property

About This Home

As of May 2015

This is the perfect investment property that has a lot of charm and is very well maintained. Open concept floor plan with a nice size kitchen, dinning area, and a living room that walks out to a large deck. Two bedrooms that are very spacious and a nice size bath room. Master bedroom is very large and has his & hers closets. All appliances in the home will stay including the washer and dryer. Plenty of parking and conveniently located to shopping, churches, schools, and restaurants. Each unit is occupied and rents for $600.00 a month. Tenants take care of their own utilities. Seller has furnace serviced on a regular bases. Anderson windows.

Last Listed By

Debbie Gundy

Coldwell Banker Real Estate Group Listed on: 12/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1986

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 82 x 125
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Location

  • Suburban Location

Schools

  • Carlin Park Elementary School
  • Angola Middle School
  • Angola High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 76-06-23-430-302.000-012

Community Details

Overview

  • 2 Units
  • Glasgows Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,904

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Age: 29
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 050-03957-00 Glasgow N 125' Lot 27 |
  • Parcel Number ID: 76-06-23-430-302.000-012
  • Platted: Yes
  • Amenities: Countertops-Laminate, Deck Open, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Water Heater Electric, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.58
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2014/2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 1776
  • Total Finished Sq Ft: 1776
  • Above Grade Finished Sq Ft: 1776
  • Price Per Sq Ft: 65.32
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 892
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: MSD of Steuben County
  • Elementary School: Carlin Park
  • Middle School: Angola
  • High School: Angola
  • Elementary School: Carlin Park

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 82 x 125
  • Estimated Lot Sq Ft: 10237
  • Estimated Lot Size Acres: 0.235

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1904

MLS Schools

  • High School: Angola
  • Middle School: Angola
  • School District: MSD of Steuben County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 1, 2015
Sold by
Sholl Pamela J and Somerville Debirah L
Bought by
Frey Ronald E and Frey Faith K
Seller's Agent
Debbie Gundy
Coldwell Banker Real Estate Group
Buyer's Agent
Timothy Zank
RE/MAX Results - Angola office
List Price
$129,500
Sold Price
$116,000
Premium/Discount to List
-$13,500
-10.42%
Total Days on Market
140
Current Estimated Value
$218,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,681
Avg. Annual Appreciation
5.68%

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
Frey Ronald E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $116,000 -10.4% $65 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $129,500 -- $73 / 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 $2,711 $147,900 $33,800 $114,100
2023 $2,566 $138,500 $31,300 $107,200
2022 $2,267 $123,000 $27,400 $95,600
2021 $2,211 $110,800 $25,200 $85,600
2020 $2,043 $105,300 $23,800 $81,500
2019 $2,172 $108,500 $27,000 $81,500
2018 $2,037 $101,100 $27,000 $74,100
2017 $1,893 $93,900 $27,000 $66,900
2016 $1,961 $97,300 $27,000 $70,300
2014 $1,888 $94,400 $27,000 $67,400
2013 $1,888 $95,200 $27,000 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201452435

Indiana Regional MLS

APN: 76-06-23-430-302.000-012