NOT LISTED FOR SALE

309 N Morgan St Unit C & D Mentone, IN 46539

2 Beds
1 Bath
1,728 Sq Ft
7,200 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $91,000 $53 Per Sq Ft

16 Days on Market

Highlights

  • Porch
  • Shed
  • Level Lot
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of June 2020

Duplex near downtown Mentone with excellent rental record. Convenient location about 15 minutes to Warsaw or Rochester. All units are rented. Tenants pay all of their utilities, each unit pays $160.00 weekly for rent and water. Owner pays water, sewage and trash bill.

Last Agent to Sell the Property

Gene Frye

RE/MAX Results Listed on: 03/25/2020

Last Buyer's Agent

Timothy Hatcher

Hatcher Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2005

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 75x96
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Carpet
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Suburban Location

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, lawn maintenance, sewer, water
  • Assessor Parcel Number 43-09-34-200-014.000-035

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $706
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,956

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 014-141-220 1/2 Lots 349&350 |
  • Parcel Number ID: 43-09-34-200-014.000-035
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Porch Open
  • Grid: 30 - S.W. Kosc.
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 82
  • Restrictions Yn: Yes
  • Special Features: None

Interior Features

  • Total Sq Ft: 1728
  • Total Finished Sq Ft: 1728
  • Above Grade Finished Sq Ft: 1728
  • Flooring: Carpet
  • Main Level Sq Ft: 1728
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 705.93
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2194.98
  • 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

  • Elementary School: Mentone

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75X96
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 349

Rental Info

  • Lease Term: Month to Month
  • Tenant Pays: Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Water

Tax Info

  • Annual Property Tax: 1956.13

Multi Family

  • Number Of Units: 2
  • Num Of2 Bedrooms: 1

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $91,000 -8.1% $53 / Sq Ft
03/25/2020 03/25/20 For Sale $99,000 -- $57 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gene Frye

    RE/MAX

  • Timothy Hatcher

    Buyer's Agent in 2020

    Timothy Hatcher

    Hatcher Real Estate LLC

    (574) 267-0013

    43 Total Sales

    Timothy Hatcher
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202010991

Indiana Regional MLS
Indiana Kosciusko County Mentone 46539

309 N Morgan St Unit C & D, Mentone, IN

Not Listed for Sale

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