NOT LISTED FOR SALE

315 S State St Kendallville, IN 46755

Estimated Value: $219,000 - $299,000

4 Beds
3 Baths
2,909 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $9,000 $3 Per Sq Ft

Est. 2,761% increase in value since last sale

Current estimated payment $1,646/month

31 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Laundry closet
  • 5-minute walk to Sunset Park

About This Home

As of June 2014

Great investment opportunity for the right individual. House and garage with good bones but needs a lot of work. Currently set as a Tri-plex but could easily be changed to an up/down duplex for larger units. Needs new roof, walls, and flooring throughout, but was last assessed at $124,700, so there is a lot of upside potential! Property is sold as-is. Seller will not clean out or make repairs.

Last Agent to Sell the Property

Andy Treesh

Treehouse RE LLC Listed on: 05/23/2014

Last Buyer's Agent

Andy Treesh

Treehouse RE LLC Listed on: 05/23/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1888

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165
  • Partially Fenced Property
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • North Side Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 57-07-33-320-086.000-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1888
  • Age: 126
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Mitchells Add Lot 52 |
  • Parcel Number ID: 57-07-33-320-086.000-020
  • Platted: Yes
  • Amenities: Basement, Fireplace, Off Street Parking, Porch Covered, Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 45.23
  • Year Taxes Payable: 2014
  • Special Features: RealEstateOwned

Interior Features

  • Total Sq Ft: 4344
  • Total Finished Sq Ft: 2909
  • Above Grade Finished Sq Ft: 2909
  • Above Grade Unfinished Sq Ft: 100
  • Below Grade Sq Ft: 1335
  • Price Per Sq Ft: 3.09
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Flooring: Mixed
  • Main Level Sq Ft: 1642
  • Total Below Grade Sq Ft: 1335

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Fence: Partial
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Gravel, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Schools

  • School District: East Noble Schools
  • Elementary School: North Side
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 165
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Total Assessed Value: 124700
  • Annual Property Tax: 2499

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jun 30, 2014
Sold by
Mid Fsb
Bought by
Beatriz Salazar
Seller's Agent
Andy Treesh
Treehouse RE LLC
Buyer's Agent
Andy Treesh
Treehouse RE LLC
List Price
$19,900
Sold Price
$9,000
Premium/Discount to List
-$10,900
-54.77%
Current Estimated Value
$257,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,517
Avg. Annual Appreciation
34.46%

Purchase Details

Closed on
Oct 31, 2013
Sold by
Noble County Sheriff
Bought by
Mid-Southern Savings Bank
Source: Public Records

Range of Values:

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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
Beatriz Salazar $9,000 Fidelity National Title
Mid-Southern Savings Bank $32,500 Yoder & Kraus P C
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $9,000 -54.8% $3 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $19,900 -- $7 / 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 $3,555 $231,300 $26,100 $205,200
2023 $3,557 $202,400 $22,600 $179,800
2022 $2,972 $195,000 $21,300 $173,700
2021 $2,714 $179,400 $21,300 $158,100
2020 $2,601 $170,500 $20,100 $150,400
2019 $2,179 $142,600 $20,100 $122,500
2018 $1,234 $130,300 $18,700 $111,600
2017 $1,233 $132,700 $18,700 $114,000
2016 $1,162 $131,500 $18,700 $112,800
2014 $1,111 $123,600 $18,700 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201420010

Indiana Regional MLS

APN: 570733320086000020