NOT LISTED FOR SALE

444 E 15th Ave Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $488,000 - $520,000

6 Beds
2 Baths
2,430 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $243,500 $100 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,245/month

108 Days on Market

About This Home

As of July 2016

Spectacular renovations performed in this 6 bedroom OSU Campus duplex. Home can be rented as a large 2 bedroom downstairs & 4 Bedroom upstairs or as an entire 6 Bed. Kitchen and bathroom are available on the top and bottom floors, Yes, 2 Kitchens! All major mechanicals are new. Updated wiring and new electrical panels. New plumbing system. New high efficiency windows. New furnace and central A/C complete with new duct work. Hardwood flooring throughout. Large rooms. Upstairs has rear access. 6 off street parking spots. All hard work is done! You won't be disappointed. Property was inspected in 2015 by Fire Marshall as part of the Excellence Program at OSU. Utilities are separately metered. Tenants pay all utilities. Broker-owned. Seller may perform a 10-31x. Curb Offers preferred.

Last Agent to Sell the Property

Merlina Galbreath

Galbreath Real Estate License #2003005930 Listed on: 03/16/2016

Last Buyer's Agent

Michael Casey

RE/MAX Connection License #410002

RE/MAX Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,430 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 010-049798

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $687
  • Operating Expense $3,495
  • Gross Income $35,205
  • Net Operating Income $31,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,808

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 35205.0
  • Co List Office Phone: 614-500-4100
  • MLS Status: Closed
  • Subdivision Name: OSU Campus
  • Income Expenses Gross Income: 35205.0
  • Annual Expenses: 3495.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2430.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-049798
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Sewer, Trash Collection

Multi Family

  • Monthly Rent (Other): 1200.0
  • Number Of Units Total: 2
  • Insurance Expense: 687.0
  • Net Operating Income: 31710.0
  • Annual Operating Expense: 3495.0

Tax Info

  • Tax Annual Amount: 2808.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2021
Sold by
Lorenz Jonathan
Bought by
444 15Th Llc
Current Estimated Value
$510,014

Purchase Details

Closed on
Mar 21, 2019
Sold by
Lambert Joseph A
Bought by
Lorenz Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jul 8, 2016
Sold by
Dpg Properties Iii Llc
Bought by
Lambert Joseph A
Seller's Agent
Merlina Galbreath
Galbreath Real Estate
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$249,900
Sold Price
$243,500
Premium/Discount to List
-$6,400
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$239,089
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2012
Sold by
Galbreath David P and Galbreath Merlina L
Bought by
Dpg Properties Iii Llc

Purchase Details

Closed on
Aug 31, 2012
Sold by
Galbreath David P
Bought by
Galbreath David P and Galbreath Merlina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bank Of New York
Bought by
Galbreath David P

Purchase Details

Closed on
Dec 31, 2008
Sold by
Resatka Richard R and American Home Mortgage Servici
Bought by
Bank Of New York

Purchase Details

Closed on
Oct 8, 2004
Sold by
Resatka Richard R
Bought by
Resatka Richard R and Richard R Resatka Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
1.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2001
Sold by
Richard R Resatka Trust
Bought by
Resatka Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2001
Sold by
Tootle Patricia A
Bought by
Richard R Resatka Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1972
Bought by
Tootle Patricia A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
444 15Th Llc -- Associates Title Inc
Lorenz Jonathan $255,000 Associates Title Inc
Lambert Joseph A $243,500 Northwest Title
Dpg Properties Iii Llc -- None Available
Galbreath David P -- None Available
Galbreath David P $50,100 None Available
Bank Of New York $76,500 None Available
Resatka Richard R -- Title First
Resatka Richard R -- Title First Agency Inc
Resatka Richard R -- Title First Agency Inc
Richard R Resatka Trust $88,000 --
Tootle Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 917-923 Palmer Llc $650,000
Previous Owner Lorenz Johathan $266,250
Previous Owner Lorenz Jonathan $273,000
Previous Owner Lambert Joseph A $239,089
Previous Owner Allen Eric $45,000
Previous Owner Galbreath David P $90,000
Previous Owner Galbreath David P $93,700
Previous Owner Resatka Richard R $122,400
Previous Owner Restaka Richard R $350,000
Previous Owner Resatka Richard R $300,000
Previous Owner Resatka Richard R $300,000
Previous Owner Resatka Richard $106,400
Previous Owner Richard R Resatka Trust $102,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $243,500 -2.6% $100 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $249,900 -- $103 / Sq Ft
Source: Columbus and Central Ohio 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 $6,328 $138,080 $38,010 $100,070
2023 $6,249 $138,080 $38,010 $100,070
2022 $5,664 $106,580 $20,550 $86,030
2021 $5,674 $106,580 $20,550 $86,030
2020 $5,614 $106,580 $20,550 $86,030
2019 $5,300 $85,230 $16,420 $68,810
2018 $4,815 $85,230 $16,420 $68,810
2017 $3,967 $63,010 $16,420 $46,590
2016 $3,084 $45,400 $7,250 $38,150
2015 $2,808 $45,400 $7,250 $38,150
2014 $2,815 $45,400 $7,250 $38,150
2013 $1,262 $41,265 $6,580 $34,685
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Merlina Galbreath

    Galbreath Real Estate

    (614) 717-9025

    12 Total Sales

    Merlina Galbreath
    Section Image
  • Michael Casey

    Buyer's Agent in 2016

    Michael Casey

    RE/MAX

    (614) 478-2121

    2 in this area

    700 Total Sales

    Michael Casey
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216007918

Columbus and Central Ohio Regional MLS

APN: 010-049798

Ohio Franklin County Columbus 43201 Indianola Terrace

444 E 15th Ave, Columbus, OH

This home is located at 444 E 15th Ave, Columbus, OH 43201 since 16 March 2016 and is currently estimated at $510,014, approximately $209 per square foot. This property was built in 1915. 444 E 15th Ave is a home located in Franklin County with nearby schools including Weinland Park Elementary School, Dominion Middle School, and Whetstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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