NOT LISTED FOR SALE

3102 Sea Ln Bremen, IN 46506

14 Beds
11 Baths
6,300 Sq Ft
1.04 Acres

Last Sold July 19, 2018

Last sale price $240,000 $38 Per Sq Ft

153 Days on Market

Highlights

  • Lake Front
  • Corner Lot
  • Carpet
  • Lake, Pond or Stream
  • Baseboard Heating
  • 1-Story Property

About This Home

As of July 2018

Tons of income producing from this 11 unit property. 8 one-bedrooms units grossing $450 each and 3 two-bedroom units grossing $575 each. Parking lot. Electric heat and electric window a/c unit. Right next to Lake of the Woods. Could be packaged with 109 & 113 Harding st. Bremen.

Last Agent to Sell the Property

Rodger Pendl

eXp Realty, LLC Listed on: 12/12/2017

eXp Realty, LLC

Last Buyer's Agent

Rodger Pendl

eXp Realty, LLC Listed on: 12/12/2017

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1971

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 495 x 155
  • Lake Front
  • Corner Lot

Parking

  • 22 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,300 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, sewer, trash collection
  • Assessor Parcel Number 50-43-06-000-048.000-005

Community Details

Overview

  • 3 Buildings
  • 11 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,592
  • Maintenance Expense $1,680
  • Trash Expense $3,900
  • Water Sewer Expense $5,016

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,099

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Waterfront: Yes
  • Year Built: 1971
  • Age: 47
  • Style: One Story
  • Bedrooms: 14
  • Number Above Grade Bedrooms: 14
  • Total Bathrooms: 11
  • Total Full Bathrooms: 11
  • Legal Description: ACREAGE: AUDITOR DESC: SEAWOOD SHORES ADD OUT LOT 1
  • Parcel Number ID: 50-43-06-000-048.000-005
  • Platted: Yes
  • Road Access: City
  • Sp Lp Percent: 80.03
  • Monthly Gross Income: 5325
  • Special Features: None

Interior Features

  • Total Sq Ft: 6300
  • Total Finished Sq Ft: 6300
  • Above Grade Finished Sq Ft: 6300
  • Price Per Sq Ft: 38.1
  • Basement Foundation: Crawl
  • Flooring: Carpet
  • Number Of Ranges Ovens: 11

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Water Features: Walk to Lake Access
  • Water Frontage: 1
  • Water Name: Lake of The Woods
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 22

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Water Type: Lake
  • Annual Insurance Expense: 2592
  • Annual Maintenance Expense: 1680
  • Annual Trash Expense: 3900
  • Annual Water Sewer Expense: 5016
  • Number Of W D Hookups: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Bremen Public Schools
  • Elementary School: Bremen
  • Middle School: Bremen
  • High School: Bremen

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 495 x 155
  • Estimated Lot Sq Ft: 45146
  • Estimated Lot Size Acres: 1.0364
  • Zoning: L-1 Lake Residential

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Sewer, Trash Collection
  • Tenant Pays: Electric

Multi Family

  • Water Access: Lakefront
  • Gross Monthly Rent: 5325
  • Number Of Dryers: 1
  • Number Of Refrigerators: 11
  • Number Of Units: 11
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 2098.78

Range of Values:

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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 Change Sq Ft Price
07/19/2018 07/19/18 Sold $240,000 -20.0% $38 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $299,900 +25.0% $48 / Sq Ft
05/29/2012 05/29/12 Sold $240,000 0.0% $38 / Sq Ft
04/29/2012 04/29/12 Pending -- -- --
04/01/2011 04/01/11 For Sale $240,000 -- $38 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201754576

Indiana Regional MLS