NOT LISTED FOR SALE

Estimated Value: $217,000 - $244,132

4 Beds
4 Baths
2,016 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $240,000 $119 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,501/month

105 Days on Market

Highlights

  • A-Frame Home
  • Cul-De-Sac
  • Patio
  • East Allen University Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of January 2023

Very nice and profitable Duplex with 2 bedrooms in each unit.

Last Agent to Sell the Property

Margaret Rhea

P&A World Properties International Listed on: 06/13/2022

Last Buyer's Agent

Kaleefa Simpson

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 99x128
  • Cul-De-Sac

Home Design

  • Duplex
  • A-Frame Home
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • Southwick Elementary School
  • Prince Chapman Middle School
  • New Haven High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for association dues, cable, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, snow removal
  • Assessor Parcel Number 02-13-29-451-015.000-077

Community Details

Overview

  • 2 Units
  • Crown Colony Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,800
  • Insurance Expense $1,000
  • Maintenance Expense $500
  • Trash Expense $450
  • Water Sewer Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,871

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Age: 49
  • Style: Two Story
  • Architectural Style: A-Frame
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Crown Colony Sub. Sec.D lot 13
  • Parcel Number ID: 02-13-29-451-015.000-077
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Cable Ready, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Patio Open, Storm Doors, Water Heater Electric, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.34
  • Annual Miscellaneous: 950
  • Monthly Gross Income: 1250
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Unfinished Sq Ft: 1008
  • Price Per Sq Ft: 119.05
  • Flooring: Carpet, Laminate, Tile
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Cable Company: Comcast
  • Annual Electric: 1800
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 500
  • Annual Trash Expense: 450
  • Annual Water Sewer Expense: 1100
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: Southwick
  • Middle School: Prince Chapman
  • High School: New Haven
  • Elementary School: Southwick

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 99x128
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Snow Removal
  • Tenant Pays: Association Dues, Cable, Electric, Heating, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1350
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 2
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1871

MLS Schools

  • High School: New Haven
  • Middle School: Prince Chapman
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jan 5, 2023
Sold by
Kelsaw Timothy L
Bought by
Be Sa La Har and Mar Ja
Seller's Agent
Margaret Rhea
P&A World Properties International
Buyer's Agent
Kaleefa Simpson
eXp Realty, LLC
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Views
153
Current Estimated Value
$231,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,289
Avg. Annual Appreciation
0.63%
Original Mortgage
$204,000
Outstanding Balance
$198,644
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$45,311
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
Be Sa La Har $240,000 Trademark Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Be Sa La Har $204,000
Previous Owner Kelsaw Timothy L $75,000
Previous Owner Kelsaw Timothy L $73,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $240,000 -7.7% $119 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $259,900 -3.7% $129 / Sq Ft
06/13/2022 06/13/22 For Sale $269,900 -- $134 / 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 $2,863 $212,900 $16,500 $196,400
2022 $2,038 $101,900 $10,000 $91,900
2021 $1,866 $93,300 $11,300 $82,000
2020 $1,797 $89,600 $16,700 $72,900
2019 $1,679 $83,700 $16,500 $67,200
2018 $797 $82,000 $16,500 $65,500
2017 $813 $78,600 $16,500 $62,100
2016 $765 $77,100 $16,500 $60,600
2014 $777 $74,500 $16,500 $58,000
2013 $777 $74,500 $16,500 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202223329

Indiana Regional MLS

APN: 02-13-29-451-015.000-077