NOT LISTED FOR SALE

402 W Carroll St Unit 402 and 402 Syracuse, IN 46567

Estimated Value: $231,000 - $491,000

4 Beds
2 Baths
1,632 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $155,000 $95 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,968/month

13 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Shed
  • Carpet
  • 4-minute walk to Veteran's Memorial Park

About This Home

As of September 2019

Excellent rental history, instant cash flow. Each unit rents for $750. Live in one unit and rent out the other. Low maintenance with this duplex that was built in 2005. Each unit has a concrete patio area and each unit also has access to a partial shed. 24 hour notice required, only qualified buyers please!

Last Agent to Sell the Property

Theresa Taylor

Trump Realty, LLC Listed on: 08/10/2019

Last Buyer's Agent

Dean Slabach

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 2005

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50 x 126
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal
  • Assessor Parcel Number 43-04-06-200-002.000-026

Community Details

Overview

  • 2 Units
  • Syracuse Water Power Company Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Age: 14
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 008-024-167.A LOT 17 SYRACUSE WATER PWR CO 2ND ADD
  • Parcel Number ID: 43-04-06-200-002.000-026
  • Platted: Yes
  • Amenities: Water Heater Gas
  • Grid: 50 - N.E. Kosc.
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 1632
  • Total Finished Sq Ft: 1632
  • Above Grade Finished Sq Ft: 1632
  • Price Per Sq Ft: 94.98
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 150

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 600
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50 x 126
  • Estimated Lot Sq Ft: 6300
  • Estimated Lot Size Acres: 0.1446
  • Lot Number: 17

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 113600
  • Annual Property Tax: 1296

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Preston Drew G
Bought by
Dgp Properties Llc
Current Estimated Value
$307,153

Purchase Details

Listed on
Aug 10, 2019
Closed on
Sep 20, 2019
Sold by
Cline Eric D and Cline Misty L
Bought by
Preston Drew G
Seller's Agent
Theresa Taylor
Trump Realty, LLC
Buyer's Agent
Dean Slabach
RE/MAX Results-Goshen
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$147,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2017
Sold by
Eric
Bought by
Douglas and Melissa
Source: Public Records

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Range of Values:

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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
Dgp Properties Llc -- None Listed On Document
Preston Drew G $155,000 Center Title Services
Douglas $41,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Preston Drew $148,000
Previous Owner Preston Drew G $147,250
Previous Owner Cline Eric D $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $155,000 0.0% $95 / Sq Ft
08/10/2019 08/10/19 For Sale $155,000 -- $95 / 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 $3,022 $184,100 $14,700 $169,400
2023 $2,929 $171,200 $14,700 $156,500
2022 $1,597 $149,900 $12,700 $137,200
2021 $1,361 $129,500 $12,700 $116,800
2020 $1,311 $124,000 $10,600 $113,400
2019 $1,393 $118,900 $10,600 $108,300
2018 $1,301 $113,600 $10,100 $103,500
2017 $929 $81,900 $10,100 $71,800
2016 $1,393 $80,200 $8,300 $71,900
2014 $1,427 $79,400 $8,300 $71,100
2013 $1,427 $80,300 $8,300 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201934679

Indiana Regional MLS

APN: 43-04-06-200-002.000-026