NOT LISTED FOR SALE

315 S Washington St Waterloo, IN 46793

Estimated Value: $211,100 - $298,000

5 Beds
3 Baths
2,424 Sq Ft
$105/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $259,900 $107 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,652/month

85 Days on Market

Highlights

  • 1 Car Attached Garage
  • Multiple cooling system units
  • Level Lot
  • Laundry closet
  • Ceiling Fan
  • Carpet

About This Home

As of June 2024

Rebuilt Triplex that is positivity cash flowing $ 2745 a month! Recently remodeled and rebuilt, everything but foundation has been renovated. So new: roof, mechanicals, appliances, plumbing, water heaters, heating systems, concrete, garages, flooring, windows.. and so on - all of it! All new! Currently managed by Open Door Rentals and Real Estate. located by town hall - the library and walking distance to elementary school.

Last Agent to Sell the Property

Tammie Jones

Open Door Rentals and Real Estate Listed on: 03/27/2024

Last Buyer's Agent

Tammie Jones

Open Door Rentals and Real Estate Listed on: 03/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56x132
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Schools

  • Waterloo Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, snow removal, tax, trash collection, water, deposit value
  • The owner pays for building insurance, lawn maintenance, tax
  • Assessor Parcel Number 17-06-03-376-008.000-008

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$682

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1940
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Parcel 17-06-03-376-008.000-008
  • Parcel Number ID: 17-06-03-376-008.000-008
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 3536
  • Total Finished Sq Ft: 2424
  • Above Grade Finished Sq Ft: 2424
  • Below Grade Sq Ft: 1112
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block, Brick, Poured Concrete, Stone
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1112
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Stone, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Heating Fuel: Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Waterloo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 56x132
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Sewer, Snow Removal, Tax, Trash Collection, Water, Deposit Value

Tax Info

  • Annual Property Tax: 682

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jun 28, 2024
Sold by
Cedar Falls Investments Llc
Bought by
Rdp3 Llc
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Tammie Jones
Open Door Rentals and Real Estate
List Price
$275,000
Sold Price
$259,900
Premium/Discount to List
-$15,100
-5.49%
Views
62
Current Estimated Value
$255,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,875
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Feb 16, 2024
Sold by
Miller Dennis
Bought by
Cedar Falls Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2021
Sold by
Duke Chris
Bought by
Miller Dennis

Purchase Details

Closed on
Jan 27, 2020
Sold by
Hall Rodney R and Hall Della L
Bought by
Duke Chris
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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Purchase History

Date Buyer Sale Price Title Company
Rdp3 Llc $259,900 None Listed On Document
Cedar Falls Investments Llc -- None Listed On Document
Miller Dennis -- None Listed On Document
Miller Dennis -- None Listed On Document
Duke Chris $15,570 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cedar Falls Investments Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $259,900 -5.5% $107 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $275,000 -- $113 / Sq Ft
Source: Indiana Regional MLS

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
2025 $3,728 $186,500 $20,500 $166,000
2024 $3,728 $186,100 $20,500 $165,600
2023 $681 $33,500 $19,000 $14,500
2022 $1,788 $89,400 $17,900 $71,500
2021 $1,714 $85,700 $17,900 $67,800
2020 $1,662 $82,800 $17,900 $64,900
2019 $1,431 $71,000 $17,900 $53,100
2018 $1,424 $70,900 $17,900 $53,000
2017 $1,465 $72,700 $17,900 $54,800
2016 $1,605 $79,700 $18,800 $60,900
2014 $1,144 $57,200 $12,800 $44,400
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202410094

Indiana Regional MLS

APN: 17-06-03-376-008.000-008

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