NOT LISTED FOR SALE

408 Pontiac St Rochester, IN 46975

Estimated Value: $105,913 - $261,000

4 Beds
2 Baths
1,690 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $56,000 $33 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $946/month

231 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Shed
  • Backs to Open Ground
  • Laundry in Utility Room
  • Forced Air Heating System

About This Home

As of March 2016

Pictures do not do justice to the pristine condition of this duplex on a quiet shady street. Both units contain 2 bedrooms, cute kitchens with refrigerators and ranges included, newly remodeled bathrooms, (1 in each unit), new flooring and paint. Newer furnaces and roof too!

Last Listed By

Lori Roberts

Rochester Realty, LLC Listed on: 08/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1936

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165
  • Backs to Open Ground
  • Level Lot

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Partially Finished Basement
  • Block Basement Construction
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

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

Schools

  • Rochester Elementary And Middle School
  • Rochester High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, fuel, heating, lawn maintenance, snow removal, sewer, trash collection
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 25-07-91-397-003.000-009

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $978
  • Maintenance Expense $1,000
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$956

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1936
  • Age: 80
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 49 1/2 N SIDE LOT 181 S & B 7' S SIDE LOT 182 S & B 9' S SIDE N 66 1/2' LOT 182 S & B. |
  • Parcel Number ID: 25-07-91-397-003.000-009
  • Platted: Yes
  • Amenities: Basement, Eat-In Kitchen, Open Floor Plan, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.39
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 825
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2112
  • Total Finished Sq Ft: 1690
  • Above Grade Finished Sq Ft: 1690
  • Below Grade Sq Ft: 422
  • Price Per Sq Ft: 33.14
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 422
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 96

Garage/Parking

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

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 978
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 100
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Rochester Community School Corp.
  • Elementary School: Rochester
  • Middle School: Rochester
  • High School: Rochester
  • Elementary School: Rochester

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 165
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cable, Electric, Fuel, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection

Multi Family

  • Gross Monthly Rent: 825
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 956

MLS Schools

  • High School: Rochester
  • Middle School: Rochester
  • School District: Rochester Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Mar 24, 2016
Sold by
Jack L Smiley
Bought by
Secrist Jeffrey L and Secrist Sherri L
Seller's Agent
Lori Roberts
Rochester Realty, LLC
Buyer's Agent
Andi Lee
LAKESHORE RLTRS, INCR
List Price
$57,500
Sold Price
$56,000
Premium/Discount to List
-$1,500
-2.61%
Total Days on Market
231
Current Estimated Value
$157,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,638

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
Secrist Jeffrey L $56,000 Fretz Abstract
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $56,000 -2.6% $33 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $57,500 -- $34 / 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 $1,324 $63,000 $6,900 $56,100
2023 $1,180 $58,800 $6,900 $51,900
2022 $1,391 $69,300 $6,900 $62,400
2021 $1,202 $60,100 $6,900 $53,200
2020 $1,202 $60,100 $6,900 $53,200
2019 $1,102 $55,100 $6,900 $48,200
2018 $1,018 $50,900 $6,900 $44,000
2017 $964 $48,200 $6,900 $41,300
2016 $964 $48,200 $6,900 $41,300
2014 $956 $47,800 $6,900 $40,900
2013 $956 $46,800 $6,900 $39,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201537755

Indiana Regional MLS

APN: 25-07-91-397-003.000-009