NOT LISTED FOR SALE

351 W 7th St Auburn, IN 46706

Estimated Value: $157,000 - $199,000

4 Beds
2 Baths
1,662 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $45,000 $27 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $1,144/month

180 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to James Outdoor Theater
  • Ceiling Fan

About This Home

As of September 2015

Great investment property being sold "as is" Live in one apartment and lease one apartment or lease both. Both are currently leased. Front 3 BD unit includes upstairs. Rear studio apartment overlooks large shaded backyard. Duplex can be converted into 4 BD single family home. $500 per month for 3 BD unit and $400 per month for 1 BD unit.

Last Agent to Sell the Property

Cindy George

Wible Realty Listed on: 02/21/2015

Last Buyer's Agent

Mike Shoup

Booth Rose Krebs, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1857

Lot Details

  • 9,932 Sq Ft Lot
  • Lot Dimensions are 64x155
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mckenney-Harrison Elementary School
  • Dekalb Central Middle School
  • Dekalb Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 17-06-32-101-004.000-025

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1857
  • Age: 158
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: A ADD LOT 5 |
  • Parcel Number ID: 17-06-32-101-004.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Sp Lp Percent: 90.18
  • Monthly Gross Income: 900
  • Year Taxes Payable: 14
  • Special Features: None

Interior Features

  • Total Sq Ft: 2820
  • Total Finished Sq Ft: 1662
  • Above Grade Finished Sq Ft: 1662
  • Below Grade Sq Ft: 1158
  • Price Per Sq Ft: 27.08
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 1158
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 64x155
  • Estimated Lot Sq Ft: 9932
  • Estimated Lot Size Acres: 0.228

Rental Info

  • Lease Term: 1 Year

Multi Family

  • Gross Monthly Rent: 900
  • 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: 1528

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2015
Closed on
Sep 18, 2015
Sold by
Day Property Holdinfgs Llc
Bought by
Walker Nathaniel L
Seller's Agent
Cindy George
Wible Realty
Buyer's Agent
Mike Shoup
Booth Rose Krebs, Inc
List Price
$59,000
Sold Price
$45,000
Premium/Discount to List
-$14,000
-23.73%
Current Estimated Value
$174,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,729
Avg. Annual Appreciation
15.27%
Original Mortgage
$45,000
Outstanding Balance
$35,841
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$143,745

Purchase Details

Closed on
Sep 20, 2012
Sold by
Beacon Credit Union
Bought by
Day Teresa

Purchase Details

Closed on
May 24, 2012
Sold by
Miller & Miller Partnership
Bought by
Beacon Cu
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
Walker Nathaniel L -- --
Day Teresa $9,000 --
Beacon Cu $127,577 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Nathaniel L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $45,000 -23.7% $27 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $59,000 -- $35 / 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 $2,049 $123,400 $20,400 $103,000
2023 $2,040 $118,700 $19,500 $99,200
2022 $1,973 $112,800 $18,200 $94,600
2021 $1,664 $90,700 $19,900 $70,800
2020 $1,433 $79,200 $18,200 $61,000
2019 $1,466 $79,200 $18,200 $61,000
2018 $1,401 $72,400 $18,200 $54,200
2017 $1,375 $69,700 $18,200 $51,500
2016 $1,692 $84,300 $18,200 $66,100
2014 $1,508 $75,400 $18,200 $57,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201506744

Indiana Regional MLS

APN: 17-06-32-101-004.000-025