NOT LISTED FOR SALE

407 W Ellsworth St Columbia City, IN 46725

Estimated Value: $154,000 - $184,000

4 Beds
2 Baths
1,490 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $57,000 $38 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,030/month

16 Days on Market

Highlights

  • Corner Lot
  • Privacy Fence
  • Carpet
  • Forced Air Heating System

About This Home

As of October 2019

Addresses are 407 and 407 1/2 W Ellsworth St. Unit one has 1 BR, living room and kitchen. Tenant pays $370.00 with a month to month lease. Unit 2 has 3 BR Large living room and kitchen. Tenants have a 1 year lease. Lots of storage throughout. Basement has washer and dryer hookups. Tenants in unit 2 pay $590.00 monthly. Separate water, gas and electric meters. Tenants pay all utilities. Windows and roof '04.

Last Agent to Sell the Property

Shelly Gaff

Minear Real Estate Listed on: 10/08/2019

Last Buyer's Agent

Shelly Gaff

Minear Real Estate Listed on: 10/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 74x149
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Mary Raber Elementary School
  • Indian Springs Middle School
  • Columbia City High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, water
  • The owner pays for building insurance
  • Assessor Parcel Number 92-06-10-549-202.004-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1925
  • Age: 94
  • Style: One and Half Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: lot 4blk 2 shinns 4th addn
  • Parcel Number ID: 92-06-10-549-202.004-004
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 84.44
  • Monthly Gross Income: 960
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 2486
  • Total Finished Sq Ft: 1490
  • Above Grade Finished Sq Ft: 1490
  • Below Grade Sq Ft: 996
  • Price Per Sq Ft: 38.26
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance Only
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 996
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Privacy, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Mary Raber
  • Middle School: Indian Springs
  • High School: Columbia City
  • Elementary School: Mary Raber

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 74x149
  • Estimated Lot Sq Ft: 11021
  • Estimated Lot Size Acres: 0.253

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Heating, Water

Multi Family

  • Gross Monthly Rent: 960
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 860

MLS Schools

  • High School: Columbia City
  • Middle School: Indian Springs
  • School District: Whitley CO Cons Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Myers Casey R and Mcgill John E
Bought by
Wise John
Current Estimated Value
$170,443

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 30, 2019
Sold by
Ray Trust
Bought by
Mcgill R
Seller's Agent
Shelly Gaff
Minear Real Estate
Buyer's Agent
Shelly Gaff
Minear Real Estate
List Price
$67,500
Sold Price
$57,000
Premium/Discount to List
-$10,500
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%
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
Wise John -- None Listed On Document
Mcgill R $57,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $57,000 -15.6% $38 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $67,500 -- $45 / 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 $1,550 $118,500 $20,100 $98,400
2023 $2,542 $106,500 $18,100 $88,400
2022 $2,306 $103,600 $16,300 $87,300
2021 $2,221 $89,000 $16,300 $72,700
2020 $1,885 $81,900 $14,800 $67,100
2019 $1,709 $72,500 $14,800 $57,700
2018 $1,614 $69,300 $14,800 $54,500
2017 $1,550 $66,800 $14,800 $52,000
2016 $1,374 $63,400 $14,800 $48,600
2014 $1,450 $72,500 $14,800 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201944220

Indiana Regional MLS

APN: 92-06-10-549-202.004-004