Seller's Agent in 2017
William McCarthy
RE/MAX
(574) 283-2623
46 Total Sales
409 E Warren St Middlebury, IN 46540
40
Beds
28
Baths
21,160
Sq Ft
2.03
Acres Lot
Highlights
- 2.03 Acre Lot
- Covered Patio or Porch
- Bungalow
- Middlebury Elementary School Rated A-
- Covered Deck
- Ceramic Tile Flooring
About This Home
As of July 2017Well kept 20 unit apartment complex in Middlebury. 12-2 bedroom 1 bath units, all with screened patios, shared laundry facilities. These apartments all apprx 920 sq ft. 8- 2bdrm-2bth units each with covered patio, deck and attached 1 car garage-with remote, private laundry. Short walk to downtown, parks and shopping. Roofs all 6-8 years old. Appliances all 3-4 years old. Always at 100% occupancy, number of long term tenants with waiting list. Existing rents well below market, perhaps 20%. One of a few apartment complexes in area of low unemployment. Easy to operate. Two bedrooms built in 1987, 1-bathrooms built in 1968. Seller pays water, sewer and heat on 1 bath units, tenant pays electric, 1 baths with individual meters. On two bedrooms/baths tenant pays all utilities. All units rented for $625-$650 a month.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $11,021
Year Built
- Built in 1987
Lot Details
- 2.03 Acre Lot
- Privacy Fence
- Level Lot
Home Design
- Bungalow
- Patio Home
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 21,160 Sq Ft Home
- 1-Story Property
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 40 Bedrooms
- 28 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 50 Car Garage
- Private Parking
- Garage Door Opener
- Driveway
- Off-Street Parking
Outdoor Features
- Covered Deck
- Covered Patio or Porch
Location
- Suburban Location
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Hot Water Heating System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable, cooling, electric, heating
- The owner pays for building insurance, lawn maintenance, maintenance, parking, sewer
- Assessor Parcel Number 20-08-10-427-008.000-035
Community Details
Overview
- 8 Buildings
- 20 Units
Amenities
- Community Storage Space
Pet Policy
- Pets Allowed with Restrictions
Building Details
- Fuel Expense $5,631
- Insurance Expense $15,102
- Maintenance Expense $3,720
- Water Sewer Expense $4,467
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2017 07/31/17 | Sold | $1,200,000 | -4.0% | $57 / Sq Ft |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- |
| 05/22/2017 05/22/17 | For Sale | $1,250,000 | -- | $59 / Sq Ft |
Source: Indiana Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $19,000 | $1,100,000 | $60,900 | $1,039,100 |
| 2024 | $15,498 | $950,000 | -- | $950,000 |
| 2022 | $15,498 | $792,500 | $60,900 | $731,600 |
| 2021 | $14,618 | $730,900 | $60,900 | $670,000 |
| 2020 | $10,886 | $544,300 | $39,300 | $505,000 |
| 2019 | $10,886 | $544,300 | $39,300 | $505,000 |
| 2018 | $11,178 | $558,900 | $39,300 | $519,600 |
| 2017 | $11,222 | $561,100 | $39,300 | $521,800 |
| 2016 | $11,222 | $561,100 | $39,300 | $521,800 |
| 2014 | $12,380 | $619,000 | $39,300 | $579,700 |
| 2013 | $12,066 | $603,300 | $39,300 | $564,000 |
Source: Public Records
Agents Affiliated with this Home
-
William McCarthy
-
Nicolas Wyse
Buyer's Agent in 2017
Nicolas Wyse
RE/MAX
(800) 589-7641
26 in this area
195 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201722530
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
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