NOT LISTED FOR SALE

408 N 00ew Lagrange, IN 46761

Estimated Value: $172,000 - $239,891

4 Beds
2 Baths
1,888 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $192,400 $102 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,340/month

4 Days on Market

Highlights

  • Utility Sink
  • Forced Air Heating and Cooling System
  • Level Lot
  • Shed
  • Ceiling Fan
  • Carpet

About This Home

As of November 2021

Roof was new in 2011. New Driveway, Garage Doors and Entry Doors in 2021. The Seller is selling the property with the current tenants in place. Unit 406 has been occupied since 12/2019 with the monthly rent of $625. Unit 408 has been occupied since 12/2011 with the monthly rent of $600. Currently each unit has access to 1 car garage, with the owner using the center 20 x 32 stall for their own use. All security deposits will transfer to the new owner at closing.

Last Listed By

Stacy Rofkahr

Mike Thomas Associates Listed on: 08/30/2021

Mike Thomas Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1992

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 178x144
  • Level Lot

Parking

  • 10 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Laminate Countertops
  • Utility Sink

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Shed
  • Suburban Location

Community Details

  • 2 Units
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • The owner pays for lawn maintenance, snow removal
  • Assessor Parcel Number 44-07-19-300-005.002-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,102

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1992
  • Age: 29
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Shaffers Town Line Addition Lot 2 & Lot 3
  • Parcel Number ID: 44-07-19-300-005.002-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Deck Open, Utility Sink, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 101.32
  • Monthly Gross Income: 1225
  • Special Features: None

Interior Features

  • Total Sq Ft: 1888
  • Total Finished Sq Ft: 1888
  • Above Grade Finished Sq Ft: 1888
  • Price Per Sq Ft: 101.91
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 160

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 2000

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 178x144
  • Estimated Lot Sq Ft: 25700
  • Estimated Lot Size Acres: 0.59

Rental Info

  • Owner Pays: Lawn Maintenance, Snow Removal
  • Tenant Pays: Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1225
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Nov 1, 2021
Sold by
Merrifield Mary K
Bought by
Diaz Emmanuel and Diaz Josefina
Seller's Agent
Stacy Rofkahr
Mike Thomas Associates
Buyer's Agent
Lisa Schrock
Berkshire Hathaway HomeServices Elkhart
List Price
$189,900
Sold Price
$192,400
Premium/Discount to List
$2,500
1.32%
Total Days on Market
4
Current Estimated Value
$209,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,564
Avg. Annual Appreciation
2.53%

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
Diaz Emmanuel $192,400 Lakeland Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $192,400 +1.3% $102 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $189,900 -- $101 / 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 $2,050 $205,300 $36,500 $168,800
2023 $2,584 $199,600 $35,400 $164,200
2022 $3,852 $193,900 $30,800 $163,100
2021 $2,118 $107,000 $23,600 $83,400
2020 $2,102 $104,800 $23,600 $81,200
2019 $2,093 $104,300 $23,600 $80,700
2018 $2,078 $103,500 $23,600 $79,900
2017 $1,898 $94,600 $9,000 $85,600
2016 $1,852 $92,300 $9,000 $83,300
2014 $1,785 $89,000 $9,000 $80,000
2013 $1,785 $136,600 $9,000 $127,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202135898

Indiana Regional MLS

APN: 44-07-19-300-005.002-002