NOT LISTED FOR SALE

339 W 5th St Auburn, IN 46706

Estimated Value: $152,000 - $186,000

4 Beds
3 Baths
2,022 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $77,300 $38 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,202/month

51 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Entrance Foyer
  • Screened Porch
  • Storm Windows
  • 4-minute walk to James Outdoor Theater

About This Home

As of May 2017

This is a very nice duplex that has been well maintained and easy to rent. Convenient location in NW Auburn but walking distance to downtown. Perfect investment property with rents over $1175 per month offering excellent ROI. Good rental history over several decades. Home has 3 bedrooms & 2 full baths in one side plus a parent's quarters or a 1 bedroom apartment on the other side. This unique home has been updated and well maintained with fresh look to the exterior. Screen porch is freshly painted and has all new screens. Over sized lot with two car detached garage & one car carport. Additional off street parking in front of home. Garage had a new roof Oct 2011 and garage exterior painted in 2015. All of the exterior of the home painted in Fall 2016. Newer gas furnace with central air in main living area. Newer concrete sidewalks in front of the home. Covered front porch with large foyer to enter both units. Master bedroom has a large double door closet. Hardwood floors are in good condition in 3rd bedroom & upstairs loft area. Loft is a great office or work space accented by an unique church window. Both living rooms have coat closets. Main home has a dining room and eat in kitchen with stainless steel sink, updated counter top, built in shelves, stove & refrigerator. Full bath on both floors in the main home. Parent's quarter has LR, kitchen & one full bath and is all on the main floor. Large built in linen closet for storage and newer vanity & sink in bath of small unit. Full basement has washer and dryer hook up for the large unit. Enclosed back porch is on the main home and a large screened in porch is off the kitchen of the smaller parent's quarters. Kitchens have stove and refrigerators included. Beautiful hardwood floors in bedroom and kitchen in parent's quarters. Some additional off street parking in front of the home. Basement has three rooms including the laundry area. Separate water, electric and gas utilities for each unit. This is a nice location close to downtown and easy access to I-69. Central air in main home. Both units have gas forced air heat. Alley access to garage & carport. Duplex could be made into a fantastic spacious single family home with a master bedroom on the first floor. This is a very affordable home and good value for Auburn. Take advantage of the current low interest rates and have low payments. Start your investment portfolio with this low maintenance property. Appliances are sold as is and not warranted.

Last Agent to Sell the Property

Sharon White

Premier Inc., REALTORS Listed on: 02/09/2017

Last Buyer's Agent

Jeff Smith

Anchor Realty & Auction Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1939

Lot Details

  • 10,695 Sq Ft Lot
  • Lot Dimensions are 69x155
  • Level Lot

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Rubber Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Screened Porch
  • Washer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Laundry in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Carport
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, sewer, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 17-06-29-354-009.000-025

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $468

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,640

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Age: 78
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: McF Addition ex W 12' lot 12 & McF Addition W 15' Lot 11
  • Parcel Number ID: 17-06-29-354-009.000-025
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Foyer Entry, Porch Covered, Porch Enclosed, Porch Screened, Six Panel Doors, Storm Doors, Storm Windows, Water Heater Electric, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Cross Street: VanBuren
  • Location: City/Town/Suburb
  • Road Surface: Asphalt
  • Sp Lp Percent: 91.05
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 3022
  • Total Finished Sq Ft: 2022
  • Above Grade Finished Sq Ft: 2022
  • Below Grade Sq Ft: 1000
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Part Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1000
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Shingle
  • Roof Material: Rubber, Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 468
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: Dekalb Central United
  • Elementary School: McKenney-Harrison
  • Middle School: Dekalb Central
  • High School: Dekalb Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 69X155
  • Estimated Lot Sq Ft: 10695
  • Estimated Lot Size Acres: 0.24
  • Lot Number: 12

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1640.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Rupp Jonathan Andrew and Rupp Rebecca Lea
Bought by
Jonathan A Rupp And Rebecca L Rupp Living Tru and Rupp
Current Estimated Value
$172,963

Purchase Details

Listed on
Feb 9, 2017
Closed on
May 19, 2017
Sold by
White David A and White Sharon A
Bought by
Andrew Rupp Jonathan and Rupp Rebecca Lea
Seller's Agent
Sharon White
Premier Inc., REALTORS
Buyer's Agent
Jeff Smith
Anchor Realty & Auction Inc
List Price
$84,900
Sold Price
$77,300
Premium/Discount to List
-$7,600
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$57,975
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Jonathan A Rupp And Rebecca L Rupp Living Tru -- None Listed On Document
Andrew Rupp Jonathan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrew Rupp Jonathan $57,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $77,300 -9.0% $38 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $84,900 -- $42 / 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 $2,820 $169,800 $19,600 $150,200
2023 $2,741 $159,600 $18,100 $141,500
2022 $2,576 $147,200 $16,400 $130,800
2021 $2,022 $110,100 $15,600 $94,500
2020 $1,991 $110,100 $15,600 $94,500
2019 $1,678 $90,600 $15,600 $75,000
2018 $1,600 $82,600 $15,600 $67,000
2017 $1,581 $80,100 $15,600 $64,500
2016 $1,520 $75,600 $15,600 $60,000
2014 $1,324 $66,100 $10,200 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201705250

Indiana Regional MLS

APN: 17-06-29-354-009.000-025