NOT LISTED FOR SALE

401 E Palm Dr Syracuse, IN 46567

Estimated Value: $221,000 - $355,000

2 Beds
1 Bath
744 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $223,333 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,542/month

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Luxury Vinyl Tile Flooring
  • Level Lot
  • Laundry closet
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2018

2 - 2 bedroom duplexes in town with city water and city sewer. Attached 1 car garage. Units can be bought separately.

Last Agent to Sell the Property

Harlan Steffen

Steffen Realty Listed on: 04/25/2018

Last Buyer's Agent

Fred Steffen

Steffen Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1986

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 80 x 300
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 43-04-08-300-827.000-026

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $6,499
  • Maintenance Expense $1,500
  • Water Sewer Expense $3,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,242

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Age: 32
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 008-031-092 H Lot 7 Beacon Shores | 008-031-092 G Lot 6 Beacon Shores
  • Parcel Number ID: 43-04-08-300-827.000-026
  • Platted: Yes
  • Amenities: Off Street Parking, Deck Open, Detector-Smoke, Garage Door Opener
  • Grid: 50 - N.E. Kosc.
  • Location: City/Town/Suburb
  • Parcel Id2: 430408300825000026
  • Sp Lp Percent: 186.11
  • Annual Miscellaneous: 2900
  • Monthly Gross Income: 2600
  • Special Features: None

Interior Features

  • Total Sq Ft: 744
  • Total Finished Sq Ft: 744
  • Above Grade Finished Sq Ft: 744
  • Price Per Sq Ft: 300.18
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl Tile
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 6499
  • Annual Maintenance Expense: 1500
  • Annual Water Sewer Expense: 3893
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 80 x 300
  • Estimated Lot Sq Ft: 25700
  • Estimated Lot Size Acres: 0.59

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 180600
  • Annual Property Tax: 3242

Multi Family

  • Gross Monthly Rent: 2600
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Miller Jared A and Miller Jared A
Bought by
B & B Ventures Llc
Current Estimated Value
$256,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$549,861
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
-$293,274

Purchase Details

Closed on
Sep 21, 2021
Sold by
Miller Duane and Miller Lois
Bought by
Miller Jared A

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 30, 2018
Sold by
Ruckman
Bought by
Duane Miller
Seller's Agent
Harlan Steffen
Steffen Realty
Buyer's Agent
Fred Steffen
Steffen Realty
List Price
$120,000
Sold Price
$223,333
Premium/Discount to List
$103,333
86.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Nov 21, 2006
Sold by
Weaver John L and Weaver Phyllis M
Bought by
Steffen Virgene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.4%
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
B & B Ventures Llc -- Jaquinde William
Miller Jared A -- None Available
Duane Miller $223,300 --
Miller Duane -- None Available
Steffen Virgene M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & B Ventures Llc $640,000
Previous Owner Steffen Virgene M $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $223,333 +86.1% $300 / Sq Ft
04/25/2018 04/25/18 For Sale $120,000 -- $161 / 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 $2,175 $131,300 $41,300 $90,000
2023 $2,763 $161,500 $38,200 $123,300
2022 $2,555 $143,100 $33,000 $110,100
2021 $2,025 $110,600 $28,400 $82,200
2020 $1,879 $101,600 $24,800 $76,800
2019 $1,941 $98,600 $24,800 $73,800
2018 $1,818 $94,400 $24,800 $69,600
2017 $1,736 $90,300 $24,800 $65,500
2016 $1,621 $92,200 $24,800 $67,400
2014 $1,405 $78,200 $18,600 $59,600
2013 $1,405 $78,200 $18,600 $59,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Harlan Steffen

    Steffen Realty

    Section Image
  • Fred Steffen

    Buyer's Agent in 2018

    Fred Steffen

    Steffen Realty

    (574) 528-0705

    17 in this area

    68 Total Sales

    Fred Steffen
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201816867

Indiana Regional MLS

APN: 43-04-08-300-827.000-026

Indiana Kosciusko County Syracuse 46567

401 E Palm Dr, Syracuse, IN

This home is located at 401 E Palm Dr, Syracuse, IN 46567 since 25 April 2018 and is currently estimated at $256,587, approximately $344 per square foot. This property was built in 1986. 401 E Palm Dr is a home located in Kosciusko County with nearby schools including Wawasee High School and PEACEFUL WOODS.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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