NOT LISTED FOR SALE

401 Jay St Topeka, IN 46571

13 Beds
9 Baths
5,824 Sq Ft
0.57 Acres

Last Sold August 13, 2021

Last sale price $525,000 $90 Per Sq Ft

4 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Westview Elementary School Rated A-

About This Home

As of August 2021

9 unit Multifamily Investment Building available in Topeka. There are 5 One bedroom and 4 Two bedroom units at this property. Newer metal roof and many of the units have been recently turned.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 04/19/2021

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Lori Kain

Mike Thomas Associates

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,220

Year Built

  • Built in 1972

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 158 x 303

Parking

  • 16 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,824 Sq Ft Home
  • 1-Story Property
  • Laminate Countertops

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for lawn maintenance, tax, trash collection, water
  • Assessor Parcel Number 44-11-30-300-000.050-006

Community Details

Overview

  • 9 Units

Pet Policy

  • Pet Restriction

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,780
  • Maintenance Expense $1,560
  • Water Sewer Expense $3,240

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,220

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1972
  • Age: 49
  • Style: One Story
  • Bedrooms: 13
  • Number Above Grade Bedrooms: 13
  • Total Bathrooms: 9
  • Total Full Bathrooms: 9
  • Legal Description: Golden Acres Lots 3 &4
  • Parcel Number ID: 44-11-30-300-000.050-006
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 5979
  • Special Features: None

Interior Features

  • Total Sq Ft: 5824
  • Total Finished Sq Ft: 5824
  • Above Grade Finished Sq Ft: 5824
  • Price Per Sq Ft: 90.14
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Mixed
  • Number Of Ranges Ovens: 9

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Metal
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 3780
  • Annual Maintenance Expense: 1560
  • Annual Water Sewer Expense: 3240
  • Number Electric Meters: 9
  • Number Of W D Hookups: 4
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Westview School Corp.
  • Elementary School: Topeka
  • Middle School: Westview
  • High School: Westview

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 158 x 303
  • Estimated Lot Sq Ft: 24764
  • Estimated Lot Size Acres: 0.57

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Tax Info

  • Total Assessed Value: 229100
  • Annual Property Tax: 5220

Multi Family

  • Gross Monthly Rent: 5979
  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Num Of1 Bedrooms: 5
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 9

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $525,000 0.0% $90 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $525,000 -- $90 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joshua Schirr

    Seller's Agent in 2021

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 534-4415

    104 Total Sales

    Joshua Schirr
    Section Image
  • Lori Kain

    Buyer's Agent in 2021

    Lori Kain

    Mike Thomas Associates

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202113169

Indiana Regional MLS

Indiana LaGrange County Topeka 46571

401 Jay St, Topeka, IN

This home is located at 401 Jay St, Topeka, IN 46571 since 19 April 2021. This property was built in 1972. 401 Jay St is a home located in LaGrange County with nearby schools including Topeka Elementary School, Westview Elementary School, and Westview Junior/Senior High School.

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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