NOT LISTED FOR SALE

422 N Riley St Kendallville, IN 46755

Estimated Value: $171,000 - $199,410

3 Beds
3 Baths
1,811 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $164,000 $91 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,248/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • Laundry in Utility Room
  • Baseboard Heating

About This Home

As of October 2023

Three unit investment property. Two units on the main floor with the third unit upstairs. Basement access in Unit B or from the outside of the property. Many new updates including HVAC, new flooring, new paint and newer roof. Plenty of parking behind the property. Laundry room in downstairs unit B. Additional Storage available for upstairs unit C.

Last Agent to Sell the Property

Jennifer Streich

Hosler Realty Inc - Kendallville Brokerage Email: jstreich@hoslerrealty.com Listed on: 10/30/2023

Last Buyer's Agent

Jennifer Streich

Hosler Realty Inc - Kendallville Brokerage Email: jstreich@hoslerrealty.com Listed on: 10/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 68x172
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Laminate Countertops
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Location

  • Suburban Location

Schools

  • North Side Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, water
  • Assessor Parcel Number 57-07-33-130-115.000-020

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,500
  • Fuel Expense $2,000
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Daniels & Lash Add Kellers Sub Div Lt 13
  • Parcel Number ID: 57-07-33-130-115.000-020
  • Platted: Yes
  • Amenities: Countertops-Laminate
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1900
  • Year Taxes Payable: 1987.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 3136
  • Total Finished Sq Ft: 1811
  • Above Grade Finished Sq Ft: 1811
  • Below Grade Sq Ft: 1325
  • Price Per Sq Ft: 90.56
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Laminate
  • Total Below Grade Sq Ft: 1325
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 3

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Unpaved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1500
  • Annual Fuel Expense: 2000
  • Annual Water Sewer Expense: 1000
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: East Noble Schools
  • Elementary School: North Side
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: North Side

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 68x172
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1900
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 2

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Oct 31, 2023
Sold by
Kek Properties Llc
Bought by
Streich Joshua A
Seller's Agent
Jennifer Streich
Hosler Realty Inc - Kendallville
Buyer's Agent
Jennifer Streich
Hosler Realty Inc - Kendallville
List Price
$164,000
Sold Price
$164,000
Views
1
Current Estimated Value
$187,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,353
Avg. Annual Appreciation
9.16%
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
Streich Joshua A $164,000 Assurance Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $164,000 0.0% $91 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $164,000 -- $91 / 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 $2,814 $180,800 $20,100 $160,700
2023 $2,819 $158,600 $17,500 $141,100
2022 $1,983 $91,100 $17,500 $73,600
2021 $1,796 $81,700 $16,900 $64,800
2020 $1,597 $72,000 $14,800 $57,200
2019 $1,514 $67,200 $13,800 $53,400
2018 $1,302 $61,800 $12,800 $49,000
2017 $1,247 $62,100 $12,800 $49,300
2016 $1,237 $61,600 $12,800 $48,800
2014 $1,098 $54,900 $12,800 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340036

Indiana Regional MLS

APN: 570733130115000020