NOT LISTED FOR SALE

411 N High St Hartford City, IN 47348

16 Beds
12 Baths
7,308 Sq Ft
0.31 Acres

Last Sold October 30, 2020

Last sale price $362,500 $50 Per Sq Ft

201 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Baseboard Heating
  • Eat-In Kitchen
  • Landscaped
  • Carpet

About This Home

As of October 2020

Incredibly affordable investment opportunity. Well-maintained brick 12-unit complex. Includes four 2-bed, 1-bath units and seven 1-bed, 1-bath units. The eighth 1-bed unit is being used as a laundry facility (could be converted back to a 1-bed apt). Low maintenance property - replacement windows & doors, new carpet & paint in 2019/2020 in most units. Tenants pay own separately-metered utilities. Maintenance shed on-site. Included in this sale is 217-219 W McDonald (quad-plex) as well as 408 N High St (triplex) for a total of 18 units. ROI on this listing includes reflects all 18 units included in sale. More info upon request. Please DO NOT CONTACT ANY RESIDENTS. Buyers must be qualified for funding.

Last Agent to Sell the Property

Tyler Shirley

Crandall Real Estate Group Listed on: 03/19/2020

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 125 x 80
  • Landscaped
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Siding
  • Asphalt

Interior Spaces

  • 7,308 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, water
  • The owner pays for building insurance, electric, lawn maintenance, maintenance, snow removal, tax, trash collection, water
  • Assessor Parcel Number 05-03-11-302-138.000-006

Community Details

Overview

  • 12 Units

Pet Policy

  • Pet Restriction

Building Details

  • 13 Separate Electric Meters
  • 12 Separate Water Meters
  • Electric Expense $3,947
  • Insurance Expense $5,215
  • Maintenance Expense $14,685
  • Trash Expense $1,800
  • Water Sewer Expense $8,815

Property Details

Home Type

Apartment

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1962
  • Age: 58
  • Style: Two Story
  • Bedrooms: 16
  • Number Above Grade Bedrooms: 16
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: OUTLOT 7 80X37' & 80X134' 411-421 N. HIGH
  • Parcel Number ID: 05-03-11-302-138.000-006
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Ready, Eat-In Kitchen, Landscaped, Water Heater Electric
  • Sp Lp Percent: 72.5
  • Annual Miscellaneous: 153.97
  • Monthly Gross Income: 5978
  • Special Features: None

Interior Features

  • Total Sq Ft: 7308
  • Total Finished Sq Ft: 7308
  • Above Grade Finished Sq Ft: 7308
  • Price Per Sq Ft: 49.6
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 11

Exterior Features

  • Exterior: Asphalt, Brick, Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 10

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3946.94
  • Annual Insurance Expense: 5214.84
  • Annual Maintenance Expense: 14685.27
  • Annual Trash Expense: 1800
  • Annual Water Sewer Expense: 8815.31
  • Number Electric Meters: 13
  • Number Of W D Hookups: 2
  • Number Water Meters: 12

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Blackford County
  • Elementary School: Northside K-2
  • Middle School: Blackford
  • High School: Blackford

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 125 x 80
  • Estimated Lot Sq Ft: 13678
  • Estimated Lot Size Acres: 0.314
  • Lot Number: 7

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Electric, Lawn Maintenance, Maintenance, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 6350
  • Number Of Dryers: 2
  • Number Of Refrigerators: 11
  • Number Of Units: 12
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 8
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 10

Tax Info

  • Annual Property Tax: 9222.96

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $362,500 -27.5% $50 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $500,000 -- $68 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202010367

Indiana Regional MLS

APN: 05-03-11-302-138.000-006