NOT LISTED FOR SALE

323 S Birkey St Bremen, IN 46506

49 Beds
24 Baths
15,256 Sq Ft
1.11 Acres

Last Sold February 01, 2019

Last sale price $750,000 $49 Per Sq Ft

379 Days on Market

Highlights

  • 1.11 Acre Lot
  • Forced Air Heating and Cooling System
  • Level Lot
  • Community Playground
  • Laundry Facilities
  • Carpet

About This Home

As of February 2019

There are 2 locations at 323 Birkey St. & 1995 & 1997 Faith Ave. Built in 1983 24 unit multi-family apartment community consisting of 4-2 story buildings with 1 bedroom apt. & 15-2 bedroom apts on Birkey St., 6-2 bedroom apts & 2-3 bedroom apts on Faith Ave. which these are in a residential neighborhood. With newer updated siding, furnaces, central air, digital thermostats, refrigerators, stoves, & garbage disposals. Ample storage inside & the 3 bedroom units have outside storage. Each side of the property contains a coin-op laundry center. Pets are allowed $15 for 1 and $30 for 2 per month.

Last Agent to Sell the Property

Judy Baker

COLLINS and CO. REALTORS - BREMEN Listed on: 12/06/2017

Last Buyer's Agent

Judy Baker

COLLINS and CO. REALTORS - BREMEN Listed on: 12/06/2017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,240

Year Built

  • Built in 1983

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 385x126
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 15,256 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 49 Bedrooms
  • 24 Full Bathrooms

Parking

  • 45 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, trash collection
  • Assessor Parcel Number 50-53-34-104-337.000-006

Community Details

Overview

  • 7 Buildings
  • 24 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Playground

Building Details

  • Insurance Expense $8,134
  • Maintenance Expense $35,634
  • Trash Expense $2,220

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,240

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1983
  • Age: 35
  • Style: Two Story
  • Bedrooms: 49
  • Number Above Grade Bedrooms: 49
  • Total Bathrooms: 24
  • Total Full Bathrooms: 24
  • Legal Description: NE COR NW1/4 S S R/W LN US6 S740' POB | NEW BREMEN ESTATES SEC 3B LOT 5
  • Parcel Number ID: 50-53-34-104-337.000-006
  • Platted: Yes
  • Amenities: Off Street Parking
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 505334103245000006
  • Sp Lp Percent: 68.49
  • Annual Miscellaneous: 14000
  • Monthly Gross Income: 11803
  • Special Features: None

Interior Features

  • Total Sq Ft: 15256
  • Total Finished Sq Ft: 15256
  • Above Grade Finished Sq Ft: 15256
  • Price Per Sq Ft: 49.16
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 16
  • Number Of Ranges Ovens: 24

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 45
  • Parking: Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 8134
  • Annual Maintenance Expense: 35634
  • Annual Trash Expense: 2220

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities, Playground, Sidewalks

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 385x126
  • Estimated Lot Sq Ft: 48352
  • Estimated Lot Size Acres: 1.11

Rental Info

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

Multi Family

  • Gross Monthly Rent: 11803
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 24
  • Number Of Units: 24
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 21
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 24

Tax Info

  • Annual Property Tax: 9240

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
02/01/2019 02/01/19 Sold $750,000 -31.5% $49 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $1,095,000 -- $72 / 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: 201754539

Indiana Regional MLS