NOT LISTED FOR SALE

428 S Oak St Kendallville, IN 46755

Estimated Value: $195,000 - $218,000

4 Beds
2 Baths
1,890 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $75,000 $40 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,326/month

304 Days on Market

Highlights

  • Cape Cod Architecture
  • Storm Windows
  • Forced Air Heating System
  • Wood Flooring
  • Double Pane Windows
  • 3-minute walk to Sunset Park

About This Home

As of July 2017

Great investment property. You will want the current tenants to stay for sure! Neat and clean and so cute! Each side has 2 bedrooms upstairs and a kitchen, dining room, living room and full bath down on main level. Full basement with laundry hook-ups. What a find! Also garage areas with both. Mostly used for storage due to size.

Last Agent to Sell the Property

Patsy Sokol

Hosler Realty Inc - Kendallville Listed on: 07/18/2016

Last Buyer's Agent

Andy Treesh

Treehouse RE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66 x 110
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 57-07-33-320-222.000-020

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,507

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 77
  • Architectural Style: Cape Cod
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Minots Add E 110' Lot 9 Blk 2 |
  • Parcel Number ID: 57-07-33-320-222.000-020
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Cable Ready, Countertops-Laminate, Detector-Smoke, Storm Doors, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 975
  • Year Taxes Payable: 2016/2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 3066
  • Total Finished Sq Ft: 1890
  • Above Grade Finished Sq Ft: 1890
  • Below Grade Sq Ft: 1176
  • Price Per Sq Ft: 39.68
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Vinyl, Wood
  • Total Below Grade Sq Ft: 1176
  • Number Of Ranges Ovens: 2

Exterior Features

  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 110
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors, Storm Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Electric, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 975
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1507

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
Jul 18, 2016
Closed on
Jul 31, 2017
Sold by
Gehring Bradley J
Bought by
Edwards Aaron J
Seller's Agent
Patsy Sokol
Hosler Realty Inc - Kendallville
Buyer's Agent
Andy Treesh
Treehouse RE LLC
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$204,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,397
Avg. Annual Appreciation
12.92%
Original Mortgage
$56,250
Outstanding Balance
$30,001
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$174,396
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
Edwards Aaron J $70,312 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Aaron J $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $75,000 0.0% $40 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $75,000 -- $40 / 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 $3,053 $140,300 $24,500 $115,800
2023 $3,056 $123,300 $21,300 $102,000
2022 $2,433 $111,800 $20,500 $91,300
2021 $2,199 $100,000 $19,700 $80,300
2020 $1,974 $89,000 $17,600 $71,400
2019 $1,943 $86,300 $23,800 $62,500
2018 $1,782 $84,600 $23,800 $60,800
2017 $1,611 $80,300 $23,800 $56,500
2016 $1,599 $79,700 $23,800 $55,900
2014 $1,472 $73,600 $16,300 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704227

Indiana Regional MLS

APN: 570733320222000020