NOT LISTED FOR SALE

3278 N 1150 W Delphi, IN 46923

Estimated Value: $205,000 - $333,000

8 Beds
4 Baths
3,024 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $157,000 $52 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,680/month

18 Days on Market

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • Carpet
  • Shed
  • Level Lot
  • 1-Story Property

About This Home

As of August 2018

Well taken care of Duplexes on 1.8 acres is a rare find...all 4 units are occupied and never a problem with keeping units full. These duplexes are all electric and come with an oven-range, refrigerator and window AC., tenants pay utilities, these units are in great shape and little updating needed. These are a must see!!! Great central location to Monticello, Delphi, Brookston and Lafayette.

Last Listed By

Marcella Nelson

Joan Abbott Real Estate Listed on: 07/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1977

Lot Details

  • 1.88 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,024 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Shed

Schools

  • Delphi Community Elementary And Middle School
  • Delphi High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, trash collection
  • Assessor Parcel Number 08-05-22-000-025.000-018

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $2,014
  • Trash Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,614

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1977
  • Age: 41
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT E2 SW4 22-25-3 1.88 AC |
  • Parcel Number ID: 08-05-22-000-025.000-018
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Water Heater Electric, Water Softener-Rented
  • Location: Rural
  • Sp Lp Percent: 89.71
  • Monthly Gross Income: 2050
  • Year Taxes Payable: 2017-2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 3024
  • Above Grade Finished Sq Ft: 3024
  • Price Per Sq Ft: 51.92
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 8
  • Parking: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Annual Insurance Expense: 2014
  • Annual Trash Expense: 600
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Delphi Community School Corp.
  • Elementary School: Delphi Community
  • Middle School: Delphi Community
  • High School: Delphi
  • Elementary School: Delphi Community

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 1.88
  • Estimated Lot Sq Ft: 81893
  • Estimated Lot Size Acres: 1.88

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 2050
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1614.18

MLS Schools

  • High School: Delphi
  • Middle School: Delphi Community
  • School District: Delphi Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
D Brewer Investments Llc
Bought by
Cfi 3 Llc
Total Days on Market
18
Current Estimated Value
$263,032

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 30, 2018
Sold by
Ruch Jerry E and Ruch Freida O
Bought by
D Brewer Investments Llc
Seller's Agent
Marcella Nelson
Joan Abbott Real Estate
Buyer's Agent
Marcella Nelson
Joan Abbott Real Estate
List Price
$175,000
Sold Price
$157,000
Premium/Discount to List
-$18,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Ruch Jerry E and Ruch Freida O
Bought by
Ruch Jerry E and Revoc Freida O

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
Cfi 3 Llc -- Metropolitan Title
D Brewer Investments Llc -- Columbia Title Inc
Ruch Jerry E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $157,000 -10.3% $52 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $175,000 -- $58 / 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 $2,669 $274,700 $41,900 $232,800
2023 $2,103 $198,400 $41,900 $156,500
2022 $2,103 $182,100 $41,900 $140,200
2021 $2,034 $167,400 $41,900 $125,500
2020 $2,142 $162,900 $37,400 $125,500
2019 $1,992 $146,200 $37,400 $108,800
2018 $1,641 $128,100 $37,400 $90,700
2017 $1,614 $133,500 $37,400 $96,100
2016 $1,718 $136,300 $31,400 $104,900
2014 $1,463 $111,400 $26,000 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201831313

Indiana Regional MLS

APN: 08-05-22-000-025.000-018