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

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

  • Pets Allowed with Restrictions

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
  • Style: One Story
  • 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
  • Special Features: None

Interior Features

  • Total Sq Ft: 5824
  • Total Finished Sq Ft: 5824
  • Above Grade Finished Sq Ft: 5824
  • 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

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

  • Annual Property Tax: 5220

Multi Family

  • Number Of Refrigerators: 9
  • Number Of Units: 9
  • Num Of1 Bedrooms: 5
  • Num Of2 Bedrooms: 4

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
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) 606-7771

    89 Total Sales

    Joshua Schirr
    Section Image

  • L

    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

Not Listed for Sale

MultiFamily

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