NOT LISTED FOR SALE

315 E Main St Logansport, IN 46947

Estimated Value: $95,000 - $117,443

4 Beds
2 Baths
1,720 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 17, 2018

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

Est. 160% increase in value since last sale

Current estimated payment $730/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

  • Pet Restriction

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
  • Age: 101
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade 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
  • Sp Lp Percent: 93.33
  • Monthly Gross Income: 1050
  • Year Taxes Payable: 947
  • 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
  • Price Per Sq Ft: 24.42
  • 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

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

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 947

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%
Total Days on Market
67
Current Estimated Value
$109,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,111
Avg. Annual Appreciation
14.63%
Original Mortgage
$30,000
Outstanding Balance
$26,429
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$78,400
Source: Public Records

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Range of Values:

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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 Change Sq Ft Price
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

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Map

Source: Indiana Regional MLS

MLS Number: 201829832

Indiana Regional MLS

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