NOT LISTED FOR SALE

403 S Howard St Summitville, IN 46070

Estimated Value: $133,000 - $269,000

6 Beds
2 Baths
2,184 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $150,000 $69 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,173/month

138 Days on Market

Highlights

  • 1 Car Attached Garage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Very nice duplex each with 3 bdrms and attached garage. Both units are currently leased with tenants paying all utilities except sewage. May be purchased with duplex next door.

Last Agent to Sell the Property

Larry Phillips

Burke Realty Listed on: 06/22/2022

Burke Realty

Last Buyer's Agent

Kimberly Murdock

RE/MAX Complete

RE/MAX Complete

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 135x50
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laminate Countertops
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Summitville Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for sewer, tax
  • Assessor Parcel Number 48-01-29-200-141.000-037

Community Details

Overview

  • 2 Units
  • Fair View / Fairview Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $913
  • Trash Expense $1,851
  • Water Sewer Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Age: 22
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FAIRVIEW EXC SE COR 0.0000Acres STR: 0.0000 SECtion Plat 00 IN: OUT:
  • Parcel Number ID: 48-01-29-200-141.000-037
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Cross Street: Summitville St.
  • Location: City/Town/Suburb
  • Parcel Id2: 48-01-29-200-144.000-037
  • Road Surface: Paved
  • Section Number: 29
  • Sp Lp Percent: 90.91
  • Monthly Gross Income: 1270
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2184
  • Total Finished Sq Ft: 2184
  • Above Grade Finished Sq Ft: 2184
  • Price Per Sq Ft: 68.68
  • Basement Foundation: Crawl
  • Main Level Sq Ft: 2184
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 8
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 913
  • Annual Trash Expense: 1850.54
  • Annual Water Sewer Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: Madison-Grant United School Corp.
  • Elementary School: Summitville
  • Middle School: Madison Grant
  • High School: Madison Grant
  • Elementary School: Summitville

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 135x50
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1270
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1026.5

MLS Schools

  • High School: Madison Grant
  • Middle School: Madison Grant
  • School District: Madison-Grant United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 30, 2022
Sold by
Tapia Al
Bought by
Cg2 Enterprises Llc
Seller's Agent
Larry Phillips
Burke Realty
Buyer's Agent
Kimberly Murdock
RE/MAX Complete
List Price
$280,000
Sold Price
$150,000
Premium/Discount to List
-$130,000
-46.43%
Views
21
Current Estimated Value
$191,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,368
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Dec 17, 2018
Sold by
Hockersmith Terry L and Hockersmith Beverly A
Bought by
Tapia Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.8%
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
Cg2 Enterprises Llc -- --
Tapia Al -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tapia Al $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $150,000 -9.1% $69 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
08/30/2022 08/30/22 Price Changed $165,000 -41.1% $76 / Sq Ft
06/22/2022 06/22/22 For Sale $280,000 -- $128 / 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 $1,830 $91,500 $9,300 $82,200
2023 $1,492 $74,600 $8,800 $65,800
2022 $1,495 $74,100 $8,300 $65,800
2021 $1,376 $68,800 $8,300 $60,500
2020 $1,345 $66,600 $7,900 $58,700
2019 $1,297 $64,200 $7,900 $56,300
2018 $1,308 $64,900 $7,900 $57,000
2017 $1,394 $69,700 $7,900 $61,800
2016 $1,418 $70,400 $7,900 $62,500
2014 $2,456 $122,800 $8,500 $114,300
2013 $2,456 $124,100 $8,500 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202225430

Indiana Regional MLS

APN: 48-01-29-200-141.000-037