NOT LISTED FOR SALE

404 S 1st St Gas City, IN 46933

Estimated Value: $80,000 - $208,000

4 Beds
2 Baths
2,078 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $55,000 $26 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,045/month

6 Days on Market

Highlights

  • Detached Second Garage
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of October 2023

This home is located at 404 S 1st St, Gas City, IN 46933 since 26 September 2023 and is currently estimated at $151,187, approximately $72 per square foot. This property was built in 1910. 404 S 1st St is a home located in Grant County with nearby schools including Westview Elementary School, Northview Elementary School, and R.J. Baskett Middle School.

Last Agent to Sell the Property

Tyler Shirley

Crandall Real Estate Group Brokerage Phone: 765-251-5676 Listed on: 09/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1910

Lot Details

  • 8,184 Sq Ft Lot
  • Lot Dimensions are 62x132
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Siding
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Detached Second Garage

Schools

  • Westview/Northview Elementary School
  • R J Basket Middle School
  • Mississinewa High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for tax
  • Assessor Parcel Number 27-07-33-401-214.000-018

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$764

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 113
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 LOTS 148 THRU 151 G C L COS 6TH ADD. MP 0733-401-214.000
  • Parcel Number ID: 27-07-33-401-214.000-018
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 89.43
  • Monthly Gross Income: 855
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 3144
  • Total Finished Sq Ft: 2078
  • Above Grade Finished Sq Ft: 2078
  • Below Grade Sq Ft: 1066
  • Price Per Sq Ft: 26.47
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl, Wood
  • Main Level Sq Ft: 1066
  • Total Below Grade Sq Ft: 1066
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt, Shingle, Vinyl
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 575

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 110
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Mississinewa Community School Corp.
  • Elementary School: Westview/Northview
  • Middle School: R J Basket
  • High School: Mississinewa
  • Elementary School: Westview/Northview

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 62X132
  • Estimated Lot Sq Ft: 8184
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: 1 Year, Month to Month, Renewal Options
  • Owner Pays: Tax
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 855
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 764

MLS Schools

  • High School: Mississinewa
  • Middle School: R J Basket
  • School District: Mississinewa Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Oct 13, 2023
Sold by
Crandall Properties Llc
Bought by
Kut Masters Lawn Care Service Llc
Seller's Agent
Tyler Shirley
Crandall Real Estate Group
List Price
$61,500
Sold Price
$55,000
Premium/Discount to List
-$6,500
-10.57%
Views
18
Current Estimated Value
$151,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,187
Avg. Annual Appreciation
35.86%

Purchase Details

Closed on
Jun 15, 2012
Sold by
Caston Joshua and Caston Jennifer
Bought by
Crandall Properties Llc

Purchase Details

Closed on
Jan 30, 2007
Sold by
Star Financial Bank Of Delaware County
Bought by
Caston Joshua L and Caston Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2006
Sold by
Knapp Robert I
Bought by
Star Financial Bank
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
Kut Masters Lawn Care Service Llc $55,000 None Listed On Document
Crandall Properties Llc -- None Available
Caston Joshua L -- None Available
Star Financial Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crandall Properties Llc $941,600
Previous Owner Crandall Properties Llc $46,000
Previous Owner Caston Joshua L $35,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $55,000 -10.6% $26 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $61,500 -- $30 / 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 $2,656 $132,800 $11,000 $121,800
2023 $764 $38,200 $11,000 $27,200
2022 $764 $38,200 $9,600 $28,600
2021 $764 $38,200 $9,600 $28,600
2020 $764 $38,200 $9,600 $28,600
2019 $764 $38,200 $9,600 $28,600
2018 $764 $38,200 $9,600 $28,600
2017 $766 $38,300 $9,600 $28,700
2016 $760 $38,000 $9,600 $28,400
2014 $713 $38,200 $9,600 $28,600
2013 $713 $49,100 $9,600 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202335123

Indiana Regional MLS

APN: 27-07-33-401-214.000-018