NOT LISTED FOR SALE

332 N Main St Kendallville, IN 46755

Estimated Value: $155,722 - $186,000

4 Beds
2 Baths
1,962 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $81,000 $41 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,145/month

206 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Ceiling Fan
  • Porch
  • Storm Windows
  • Baseboard Heating

About This Home

As of February 2022

This white 2 story Brick home hosts 2 side-by-side apartments with an attached one car garage for each. Each with a spacious kitchen includes an electric range and refrigerator, a living room, 1 bathroom, 2 upstairs bedrooms with electric heat, laminate and vinyl floors throughout. In the basement, each apartment is heated with gas furnace that is less than 2years old, the laundry hook-ups, and storage. The roof is less than 4 years old. This would make a great investment!

Last Agent to Sell the Property

Jeanne Hosted

Hosler Realty Inc - Kendallville Listed on: 06/21/2021

Last Buyer's Agent

Trey Forbes

Weichert Realtors - Hoosier Heartland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 9,888

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Irregular Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for building insurance, lawn maintenance, maintenance, parking, trash collection, water
  • Assessor Parcel Number 57-07-33-430-055.000-020

Community Details

Building Details

  • Insurance Expense $600
  • Trash Expense $288
  • Water Sewer Expense $50

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 142
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Mitchells Add 8' N Side Lot 164 Mitchells Add 52' S Side Lot 1658
  • Parcel Number ID: 57-07-33-430-055.000-020
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Porch Open, Storm Doors, Storm Windows, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.05
  • Monthly Gross Income: 900
  • Special Features: None

Interior Features

  • Total Sq Ft: 1962
  • Total Finished Sq Ft: 1962
  • Above Grade Finished Sq Ft: 1962
  • Price Per Sq Ft: 41.28
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Laminate, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 600
  • Annual Trash Expense: 288
  • Annual Water Sewer Expense: 50
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 8x165 and 52x165

Green Features

  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Parking, Trash Collection, Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 4 Bedrooms: 4
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2229.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
Jt323 Llc
Bought by
Kendallville Restorations Inc
Current Estimated Value
$171,931

Purchase Details

Listed on
Jun 21, 2021
Closed on
Feb 28, 2022
Sold by
Torres and Emisael
Bought by
Jt323 Llc
Seller's Agent
Jeanne Hosted
Hosler Realty Inc - Kendallville
Buyer's Agent
Trey Forbes
Weichert Realtors - Hoosier Heartland
List Price
$95,000
Sold Price
$81,000
Premium/Discount to List
-$14,000
-14.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
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
Kendallville Restorations Inc $110,000 Assurance Title Company Llc
Jt323 Llc $81,000 Assurance Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $81,000 -8.0% $41 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $88,000 -2.2% $45 / Sq Ft
07/14/2021 07/14/21 Price Changed $90,000 -5.3% $46 / Sq Ft
06/21/2021 06/21/21 For Sale $95,000 -- $48 / 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 $2,494 $114,700 $17,600 $97,100
2023 $2,499 $92,000 $15,300 $76,700
2022 $1,991 $91,500 $15,300 $76,200
2021 $2,507 $114,000 $14,700 $99,300
2020 $2,230 $100,500 $12,900 $87,600
2019 $2,113 $93,900 $12,100 $81,800
2018 $1,818 $86,300 $11,200 $75,100
2017 $1,737 $86,600 $11,200 $75,400
2016 $1,721 $85,800 $11,200 $74,600
2014 $1,556 $77,800 $11,200 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202123922

Indiana Regional MLS

APN: 570733430055000020