NOT LISTED FOR SALE

407 Second St Howe, IN 46746

Estimated Value: $145,728 - $210,000

4 Beds
2 Baths
1,572 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $110,000 $70 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,025/month

8 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Wood Flooring
  • Walk-In Pantry
  • 3-minute walk to Howe Town Park

About This Home

As of June 2021

Golden opportunity for Buyers! This home could lend itself for many purposes. Could be used as duplex for rental income, as it is set up currently. Could be converted back to 4 Bedroom, 2 Bathroom single family home, or live in one unit and collect rent on the other. Part of downtown Howe, this home has a lot of history and charm. Home features newer metal roof, Sun room off the back of home overlooking play ground equipment in the back yard. There are two entrances to basement. Entrance to garage has less steps and easier access. Oversize 2 car garage with 2 garage doors. Home has a lot of storage room inside and out. The 12x22 storage shed has a new metal roof.

Last Listed By

Susan Acree

Mike Thomas Associates Listed on: 03/22/2021

Mike Thomas Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $177

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75x112
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,572 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Ventless Fireplace
  • Basement Fills Entire Space Under The House
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Bathtub with Shower

Location

  • Suburban Location

Schools

  • Lakeland Primary Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Space Heater
  • Private Company Owned Well
  • Well
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 44-02-30-300-000.016-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$177

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 68
  • Style: One and Half Story
  • Architectural Style: Traditional, Duplex
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: TOWN OF LIMA(OP) LOC. 407 2ND ST. 75' OFF N END LOT 51 N 75' OF W 24' LOT 26
  • Parcel Number ID: 44-02-30-300-000.016-012
  • Platted: Yes
  • Amenities: Antenna, Ceiling-9+, Closet(s) Cedar, Closet(s) Walk-in, Garage Door Opener, Natural Woodwork, Pantry-Walk In, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.22
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1572
  • Total Finished Sq Ft: 1572
  • Above Grade Finished Sq Ft: 1572
  • Price Per Sq Ft: 69.97
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Ventless
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 19x12, On Level: Main
  • Kitchen: Dimensions: 9x14, On Level: Main
  • Dining Room: Dimensions: 11x8, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 9x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 22x12

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x24
  • Garage Sq Ft: 624
  • Garage: Yes

Utilities

  • Heating Fuel: Space
  • Sewer: Public
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Common TV Antenna, Sidewalks

Schools

  • School District: Lakeland School Corp
  • Elementary School: Lakeland Primary
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr
  • Elementary School: Lakeland Primary

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75x112
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 176.74
  • Exemptions: Mortgage

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 3, 2021
Sold by
Reiling Katie A
Bought by
Bautista Juan Manuel Nieves
Seller's Agent
Susan Acree
Mike Thomas Associates
Buyer's Agent
Virgen Morales
Lewis & Lambright Inc
List Price
$118,000
Sold Price
$110,000
Premium/Discount to List
-$8,000
-6.78%
Total Days on Market
8
Current Estimated Value
$171,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,932
Avg. Annual Appreciation
12.04%
Interest Rate
2.99%

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
Bautista Juan Manuel Nieves $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bautista Juan Manuel Nieves --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $110,000 -6.8% $70 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $118,000 -- $75 / 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 $868 $96,000 $20,800 $75,200
2023 $870 $94,800 $18,900 $75,900
2022 $832 $84,800 $14,600 $70,200
2021 $239 $80,500 $13,700 $66,800
2020 $167 $76,800 $13,700 $63,100
2019 $161 $74,600 $13,700 $60,900
2018 $159 $68,400 $13,100 $55,300
2017 $157 $66,100 $13,100 $53,000
2016 $151 $63,400 $13,100 $50,300
2014 $177 $75,400 $13,100 $62,300
2013 $177 $76,100 $13,100 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202109192

Indiana Regional MLS

APN: 44-02-30-300-000.016-012