NOT LISTED FOR SALE

426 W Wabash St Bluffton, IN 46714

Estimated Value: $118,000 - $210,000

9 Beds
7 Baths
3,376 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $65,000 $19 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,328/month

23 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Ceiling Fan
  • Bluffton High School Rated 10
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2017

*** Bluffton Schools *** Great Investment Opportunity * 7- Plex is Most of the Units are Currently Rented * Immediate Possession * Unit# 7 is 300 Sq Ft with 1 Bedroom, and 1 Bath * Appliances that are included in sale are not warranted * Subject to Tenants Rights * Seller is the Listing Agent *

Last Agent to Sell the Property

Drew Gerber

BKM Real Estate Listed on: 09/26/2017

Last Buyer's Agent

Sean Stinson

E. L. S. Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 90x100
  • Fenced Yard
  • Chain Link Fence
  • Level Lot

Home Design

  • Slate Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Unpaved Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, deposit value
  • The owner pays for building insurance, heating, lawn maintenance, maintenance, tax, trash collection
  • Assessor Parcel Number 90-08-04-534-005.000-004

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $1,200
  • Trash Expense $800

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1903
  • Age: 114
  • Style: Two Story
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: Studebaker 25/26 4-B N 100' of W 20"/N 100' 426 W Wabash
  • Parcel Number ID: 90-08-04-534-005.000-004
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Detector-Carbon Monoxide, Detector-Smoke, Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Section Number: 4B
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2580
  • Special Features: None

Interior Features

  • Total Sq Ft: 4839
  • Total Finished Sq Ft: 3376
  • Above Grade Finished Sq Ft: 3376
  • Above Grade Unfinished Sq Ft: 1463
  • Basement Foundation: Cellar, Full Basement
  • Flooring: Carpet, Laminate, Vinyl Tile, Wood
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Slate
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 10
  • Parking: Lot, Street, Unpaved

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Trash Expense: 800

Schools

  • School District: MSD of Bluffton Harrison
  • Elementary School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • High School: Bluffton Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 90x100
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Heating, Lawn Maintenance, Maintenance, Tax, Trash Collection
  • Tenant Pays: Cable, Cooling, Electric, Deposit Value

Multi Family

  • Gross Monthly Rent: 2580
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Num Of1 Bedrooms: 5
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 1960.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 15, 2017
Sold by
Gerber Drew
Bought by
Cole Properties Re Llc
Seller's Agent
Drew Gerber
BKM Real Estate
Buyer's Agent
Sean Stinson
E. L. S. Realty Group
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$178,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,667
Avg. Annual Appreciation
13.64%
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
Cole Properties Re Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $65,000 0.0% $19 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $65,000 -- $19 / 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 $4,559 $252,700 $19,300 $233,400
2023 $3,229 $172,300 $16,100 $156,200
2022 $2,960 $172,300 $11,300 $161,000
2021 $2,921 $172,600 $12,700 $159,900
2020 $2,283 $151,800 $10,800 $141,000
2019 $2,441 $145,500 $10,800 $134,700
2018 $2,134 $127,800 $10,800 $117,000
2017 $1,781 $123,200 $10,400 $112,800
2016 $1,961 $123,200 $12,300 $110,900
2014 $2,035 $121,700 $12,100 $109,600
2013 $1,927 $125,200 $12,100 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201744702

Indiana Regional MLS

APN: 90-08-04-534-005.000-004