Buyer's Agent in 2023
Michael Patka
Grogg Martin Realty
(260) 350-8603
48 Total Sales
307 S Main St Topeka, IN 46571
Estimated Value: $304,000 - $339,000
5
Beds
3
Baths
4,617
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Corner Lot
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- Westview Elementary School Rated A-
About This Home
As of January 2023Looking for an income property? This property has the potential for 4 apartments. All utilities are separated. The main home currently features 4 bedrooms, 3 full bathrooms, a large kitchen, an office space or additional bedroom, tall ceilings, and lots of living space and storage!! The outside is a great place to relax and is a little over half an acre, it offers a large backyard with privacy, a fire pit, deck and room for gardens. The flower beds and flower boxes are irrigated. Don’t miss the chicken or garden shed that is attached to the one car garage. Where else can you find a spacious home that offers the potential for monthly income earning? Home offers most of the furniture. It’s ready to move right in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,579
Year Built
- Built in 1960
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 195x132
- Corner Lot
- Level Lot
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Partially Finished Basement
- Crawl Space
Bedrooms and Bathrooms
- 5 Bedrooms
Location
- Suburban Location
Schools
- Topeka Elementary School
- Westview Middle School
- Westview High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 44-11-31-100-000.001-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2022
Closed on
Jan 19, 2023
Sold by
Chambers Marcia A
Bought by
Fadil Mansoor
Buyer's Agent
Michael Patka
Grogg Martin Realty
List Price
$400,000
Sold Price
$240,000
Premium/Discount to List
-$160,000
-40%
Views
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,001
Avg. Annual Appreciation
10.90%
Original Mortgage
$192,000
Outstanding Balance
$183,857
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$138,144
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fadil Mansoor | -- | Metropolitan Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fadil Mansoor | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $240,000 | -31.4% | $52 / Sq Ft |
| 09/15/2022 09/15/22 | Price Changed | $350,000 | -12.5% | $76 / Sq Ft |
| 08/05/2022 08/05/22 | For Sale | $400,000 | -- | $87 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $5,419 | $237,600 | $24,900 | $212,700 |
| 2023 | $2,212 | $161,900 | $22,600 | $139,300 |
| 2022 | $2,042 | $145,900 | $18,200 | $127,700 |
| 2021 | $2,876 | $188,800 | $18,200 | $170,600 |
| 2020 | $3,632 | $176,600 | $17,400 | $159,200 |
| 2019 | $3,380 | $164,400 | $16,500 | $147,900 |
| 2018 | $3,207 | $160,000 | $16,500 | $143,500 |
| 2017 | $1,709 | $158,600 | $16,500 | $142,100 |
| 2016 | $1,600 | $160,000 | $16,500 | $143,500 |
| 2014 | $1,472 | $147,200 | $16,500 | $130,700 |
| 2013 | $1,472 | $148,000 | $16,500 | $131,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Patka
Map
Source: Indiana Regional MLS
MLS Number: 202232705
APN: 44-11-31-100-000.001-006
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