NOT LISTED FOR SALE

315 E Main St Logansport, IN 46947

Estimated Value: $104,000 - $125,000

4 Beds
2 Baths
1,720 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $42,000 $24 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $728/month

67 Days on Market

Highlights

  • Wood Flooring
  • ENERGY STAR/Reflective Roof
  • 1-Story Property
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2018

2 houses for the price of one. Front house 315 E Main is currently rented for $525. Rear house is 313 Main is vacant but also rents for $525. Rear house has a 2 car garage under it.

Last Agent to Sell the Property

Steve Schwering

Schwering Realty Listed on: 07/09/2018

Last Buyer's Agent

Cindy Wethington

Country Manor Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1917

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR/Reflective Roof

Schools

  • Fairview Elementary School
  • Columbia/Logansport Middle School
  • Logansport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 09-17-57-219-010.000-010

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $600
  • Maintenance Expense $1,000
  • Trash Expense $250
  • Water Sewer Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1917
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Grace palmer Lot 10 |
  • Parcel Number ID: 09-17-57-219-010.000-010
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2680
  • Total Finished Sq Ft: 1720
  • Above Grade Finished Sq Ft: 1720
  • Below Grade Sq Ft: 960
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Flooring: Wood
  • Total Below Grade Sq Ft: 960
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 250
  • Annual Water Sewer Expense: 200
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Fairview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44x132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Green Features

  • Energy Efficient: Roofing

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 947

Multi Family

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

MLS Schools

  • High School: Logansport
  • Middle School: Columbia/Logansport
  • School District: Logansport Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 14, 2018
Sold by
Leung King Y and Leung Kam S
Bought by
Garner Joseph and Wilding Bryce
Seller's Agent
Steve Schwering
Schwering Realty
Buyer's Agent
Cindy Wethington
Country Manor Realty
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%
Current Estimated Value
$115,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,734
Avg. Annual Appreciation
14.98%
Original Mortgage
$30,000
Outstanding Balance
$26,164
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$89,570
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garner Joseph $37,500 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner Joseph $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $42,000 -6.7% $24 / Sq Ft
07/09/2018 07/09/18 For Sale $45,000 -- $26 / 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 $1,426 $79,300 $9,500 $69,800
2022 $1,270 $63,300 $9,500 $53,800
2021 $1,159 $57,800 $8,400 $49,400
2020 $1,053 $52,500 $8,400 $44,100
2019 $1,009 $0 $0 $0
2018 $971 $48,400 $8,400 $40,000
2017 $947 $67,100 $7,700 $59,400
2016 $1,263 $63,000 $7,700 $55,300
2014 $1,249 $62,300 $7,700 $54,600
2013 $1,249 $61,000 $7,700 $53,300
Source: Public Records

Agents Affiliated with this Home

  • Steve Schwering

    Seller's Agent in 2018

    Steve Schwering

    Schwering Realty

    (574) 727-8383

    196 in this area

    288 Total Sales

    Steve Schwering
    Section Image

  • C

    Buyer's Agent in 2018

    Cindy Wethington

    Country Manor Realty

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201829832

Indiana Regional MLS

APN: 09-17-57-219-010.000-010

Indiana Cass County Logansport 46947

315 E Main St, Logansport, IN

Not Listed for Sale

MultiFamily

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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