NOT LISTED FOR SALE

400 N Walnut St Lagrange, IN 46761

Estimated Value: $116,000 - $169,000

3 Beds
6 Baths
1,216 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $92,000 $76 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $915/month

5 Days on Market

About This Home

As of September 2021

INVESTOR ALERT! This triplex in Lagrange brings instant cashflow with two good paying tenants. One of the units will be vacating. There are (3) 1 bedroom - 1 bathroom units.

Last Agent to Sell the Property

Allison Lehman

Bright Star Real Estate Services LLC Listed on: 08/25/2021

Last Buyer's Agent

Coreen Miller

Right Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,038

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot

Home Design

  • Triplex
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,216 Sq Ft Home
  • 1.2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 44-07-19-400-003.032-002

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,038

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 6
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 3
  • Legal Description: ORIGINAL PLAT-TOWN OF LAGRANGE LOT 7 BLK 2
  • Parcel Number ID: 44-07-19-400-003.032-002
  • Platted: Yes
  • Amenities: Off Street Parking, Detector-Carbon Monoxide, Detector-Smoke
  • Special Features: None

Interior Features

  • Total Sq Ft: 1216
  • Total Finished Sq Ft: 1216
  • Above Grade Finished Sq Ft: 1216
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Metal, Vinyl
  • Stories: 1.2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Wall Heater, Multiple Heating Systems
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 1200

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1038

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 21, 2021
Sold by
Legacy Honor Investments Llc
Bought by
Pinon Jose Luis and Pinon Leticia
Seller's Agent
Allison Lehman
Bright Star Real Estate Services LLC
Buyer's Agent
Coreen Miller
Right Key Realty
List Price
$89,900
Sold Price
$92,000
Premium/Discount to List
$2,100
2.34%
Current Estimated Value
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,500
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Nov 4, 2020
Sold by
Carolyn Hollowell
Bought by
Legacy Honor Investments Llc

Purchase Details

Closed on
Jul 20, 2016
Sold by
Jeffrey L Boyd
Bought by
Gary Hollowell and Carolyn Hollowell

Purchase Details

Closed on
Apr 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jeffrey L Boyd

Purchase Details

Closed on
Sep 30, 2008
Sold by
Sheriff Terry A Martin Jr
Bought by
Attorney Leslie W Schickel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pinon Jose Luis $92,000 Lakeland Title Company
Legacy Honor Investments Llc $62,813 Simplifile Lc E-Recording
Gary Hollowell $45,000 --
Jeffrey L Boyd $10,000 Statewide Title Company Inc
Attorney Leslie W Schickel $63,600 Feiwell & Hannoy
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $92,000 +2.3% $76 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $89,900 -- $74 / 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 $2,118 $105,900 $16,300 $89,600
2023 $2,060 $103,000 $15,800 $87,200
2022 $1,808 $90,400 $13,800 $76,600
2021 $1,654 $82,700 $13,100 $69,600
2020 $1,038 $51,900 $12,600 $39,300
2019 $1,002 $50,100 $12,600 $37,500
2018 $966 $48,300 $12,600 $35,700
2017 $974 $48,700 $12,600 $36,100
2016 $846 $42,300 $12,600 $29,700
2014 $894 $44,700 $12,600 $32,100
2013 $894 $65,800 $12,600 $53,200
Source: Public Records

Agents Affiliated with this Home

  • Allison Lehman

    Seller's Agent in 2021

    Allison Lehman

    Bright Star Real Estate Services LLC

    (574) 253-8752

    1 in this area

    19 Total Sales

    Allison Lehman
    Section Image
  • Coreen Miller

    Buyer's Agent in 2021

    Coreen Miller

    Right Key Realty

    (260) 350-0879

    8 in this area

    76 Total Sales

    Coreen Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202135314

Indiana Regional MLS

APN: 44-07-19-400-003.032-002

Indiana LaGrange County Lagrange 46761

400 N Walnut St, Lagrange, IN

Not Listed for Sale

MultiFamily

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