NOT LISTED FOR SALE

432 N Piatt Ave Unit 428 & 426 vacant lot Wichita, KS 67214

Uptown Wichita Neighborhood

Estimated Value: $310,000

8 Beds
8 Baths
2,240 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 07, 2020

Current estimated payment $1,870/month

36 Days on Market

Highlights

  • 22,967 Sq Ft lot
  • Four Sided Brick Exterior Elevation
  • 1-Story Property
  • Wood Flooring

About This Home

As of December 2020

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON NOVEMBER 5TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. Property is selling with clear title at closing and no back taxes. Property previews available. NO MINIMUM, NO RESERVE!!! (2) fourplexes selling regardless of price to the highest bidder! These properties are being offered separate and together with 446, 440, 429, and 428 N. Piatt Ave. Covered entries Front porches 1 bedroom, 1 bathroom per unit Hardwood flooring Decorative Fireplaces Arched doorways New doors & windows New roofs in 2012 Steel Piering System done in 2012 Close proximity to Central & I-35 Total monthly income $2,220 Total annual income $26,640 432: (Monthly income of $725 with annual income of $8,700) Unit #1 - Vacant Unit #2 - Vacant Unit #3 is rented by a 3-year tenant for $375 a month with a 1-year lease. $250 deposit. Unit #4 is rented by a 10-year tenant for $350 a month with a 1-year lease. $250 deposit. 436: (Monthly income of $1,495 with an annual income of $17,940) Unit #1 is rented by a 1+year tenant for $395 a month with a 6-month lease. $250 deposit. Unit #2 is rented by a 2+year tenant for $375 a month. Month to Month. $250 deposit. Unit #3 is rented by a 2-year tenant for $375 a month with a 1-year lease. $250 deposit. Unit #4 is rented by an 8+year tenant for $350 a month with a 6-month lease. $200 deposit. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $7,500.

Last Agent to Sell the Property

Ty Patton

McCurdy Real Estate & Auction, LLC License #SP00238875 Listed on: 09/30/2020

Last Buyer's Agent

Ty Patton

McCurdy Real Estate & Auction, LLC License #SP00238875 Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1930

Lot Details

  • 0.53 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Side-by-Side
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,240 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range
  • Unfinished Basement

Schools

  • Washington Elementary School
  • Robinson Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-125-22-0-21-04-006.00

Community Details

Overview

  • 8 Units
  • Butler & Fishers Outlots Subdivision

Building Details

  • Gross Income $26,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,709

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Side By Side
  • Estimated Age: 81+ Years
  • Total Specials: 62.4
  • Year Built: 1930
  • Annual Specials: 62.4
  • Estimated TFLA: 2240
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Over/Range, Refrigerator
  • Floors: Wood
  • Basement: Yes - Unfinished
  • Basement Use: Owner Storage
  • Number Of Stories: One

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit
  • On Site Parking Spaces: 8

Utilities

  • Cooling: Window Unit
  • Flood Insurance: Unknown
  • Heating: Wall Furnace/Baseboard
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Washington
  • Middle School: Robinson
  • High School: East
  • Elementary School: Washington
  • High School: East

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 22967
  • Geo ADDRESS Line: 432 N Piatt Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 12/07/2020
  • Geo Zoom Level: 16

Rental Info

  • Owner Paid Utilities: Gas, Lawn Maintenance, Trash, Water/Sewer
  • Tenant Paid Utilities: Electric

Tax Info

  • Assessor Parcel Number: 20173-125-22-0-21-04-006.00
  • General Taxes: 2336
  • General Tax Year: 2019

Multi Family

  • Number Of Units: 8
  • Number Of 1 Bedroom Units: 8
  • Rent Per Unit 1 Bedroom: $350, $375, $395
  • Gross Income: 26640

MLS Schools

  • Middle School: Robinson
  • School District: Wichita School District (USD 259)

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 List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold -- -- --
11/05/2020 11/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $167,750 -- $75 / Sq Ft
Source: South Central Kansas 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
2025 $2,709 $26,577 $2,243 $24,334
2023 $2,709 $22,333 $1,610 $20,723
2022 $1,950 $17,159 $1,530 $15,629
2021 $1,892 $16,689 $1,208 $15,481
2020 $1,962 $16,689 $1,208 $15,481
2019 $1,916 $16,262 $1,208 $15,054
2018 $1,739 $14,826 $1,357 $13,469
2017 $1,929 $0 $0 $0
2016 $1,613 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 588234

South Central Kansas MLS

APN: 125-22-0-21-04-006.00