$125,000
SOLD SEP 23, 2024

460 S Elm St Waterloo, IN 46793

3 Beds
2 Baths
1,728 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

1 Day on Market

Highlights

  • Fenced Yard
  • Laundry in Utility Room
  • Level Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2024

Investment Opportunity! Don't miss out on this well-maintained duplex, a prime choice for savvy investors or those seeking to house hack. The property offers a 2-bedroom unit on the main level, currently rented at $800 per month, and a 1-bedroom, 1-bath unit on the upper level, with potential rental income of $600-$700 monthly. The upper unit also boasts a charming covered terrace, perfect for outdoor relaxation. This duplex has been thoughtfully updated, including a durable metal roof, a professionally drylocked basement, and newer furnace and water heater, ensuring low maintenance for years to come. While utilities are currently combined, separate electric panels have already been installed, simplifying any future utility separation. Additional perks include a fenced yard and a lofted garage for extra storage space, adding further value to the property. Whether you’re looking to grow your investment portfolio or live in one unit while renting out the other, this duplex offers both stability and potential. Schedule your showing today and secure your next investment!

Last Agent to Sell the Property

Tyler Secrist

CENTURY 21 Bradley Realty, Inc Brokerage Phone: 260-573-5748 Listed on: 08/21/2024

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Anita Hess

Weichert Realtors - Hoosier Heartland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Laundry in Utility Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Waterloo Elementary School
  • Dekalb Middle School
  • Dekalb High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for lawn maintenance
  • The owner pays for electric, fuel, sewer, trash collection, water
  • Assessor Parcel Number 17-06-03-357-004.000-008

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$901

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 124
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: J HORNBERGER'S ADDITION LOT # 184.
  • Parcel Number ID: 17-06-03-357-004.000-008
  • Platted: Yes
  • Amenities: Basement, Fenced Yard
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1500
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2424
  • Total Finished Sq Ft: 1728
  • Above Grade Finished Sq Ft: 1728
  • Below Grade Sq Ft: 696
  • Price Per Sq Ft: 72.34
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 696
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 900
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Dekalb Central United
  • Elementary School: Waterloo
  • Middle School: Dekalb
  • High School: Dekalb
  • Elementary School: Waterloo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x132
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 901

MLS Schools

  • High School: Dekalb
  • Middle School: Dekalb
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Sep 23, 2024
Sold by
Bolen Tanner A
Bought by
Gura Real Estate Services Llc
Seller's Agent
Tyler Secrist
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Anita Hess
Weichert Realtors - Hoosier Heartland
List Price
$125,000
Sold Price
$125,000
Views
11
Current Estimated Value
$138,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,435
Avg. Annual Appreciation
-4.55%
Original Mortgage
$85,000
Outstanding Balance
$71,951
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$48,813

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 7, 2023
Sold by
Sigmund Julie E
Bought by
Bolen Tanner A
Seller's Agent
Rebecca Maldeney
Indiana Real Estate
Buyer's Agent
Trevor Wineland
RE/MAX Results
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.00%
Original Mortgage
$63,750
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 2, 2018
Sold by
Womack James R and Womack Melissa K
Bought by
Mcginley Julie E
Seller's Agent
Steve Palumbo
Indiana Real Estate
Buyer's Agent
Erika Wise
Century 21 Bradley-Angola
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$68,633
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2013
Sold by
Geyer
Bought by
Womack James R

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 28, 2013
Sold by
Citimortgage
Bought by
Geyer
Seller's Agent
Robin Odneal
Dream Team Agents, LLC
Buyer's Agent
Raven Sills
The LT Group Real Estate
List Price
$29,999
Sold Price
$25,000
Premium/Discount to List
-$4,999
-16.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Mar 28, 2013
Sold by
Donald
Bought by
Citimortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Ralph Lingo
Bought by
Hovarter Billy J and Boyd Kristen

Purchase Details

Closed on
Sep 16, 2002
Sold by
Mary Vanhorne
Bought by
Lingo Ralph and Lingo Karen
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 Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Warranty Deed $85,000 None Listed On Document
Warranty Deed -- Fidelity National Title Comp
Deed $30,000 --
Deed $25,000 First American Title Insuran
Sheriffs Deed $37,699 --
Deed $74,900 --
Deed $29,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Credit Line Revolving
Previous Owner $63,750 New Conventional
Previous Owner $68,633 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $125,000 0.0% $72 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $125,000 +47.1% $72 / Sq Ft
04/07/2023 04/07/23 Sold $85,000 -14.9% $49 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $99,900 +42.9% $58 / Sq Ft
04/02/2018 04/02/18 Sold $69,900 0.0% $40 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $69,900 +179.6% $40 / Sq Ft
08/13/2013 08/13/13 Sold $25,000 -16.7% $14 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $29,999 -- $17 / 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 $2,120 $106,000 $24,200 $81,800
2023 $912 $115,300 $22,400 $92,900
2022 $1,022 $107,800 $21,100 $86,700
2021 $882 $102,800 $21,100 $81,700
2020 $793 $99,900 $21,100 $78,800
2019 $614 $85,100 $21,100 $64,000
2018 $620 $85,100 $21,100 $64,000
2017 $734 $87,400 $21,100 $66,300
2016 $1,937 $95,600 $22,100 $73,500
2014 $280 $46,100 $13,900 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202431853

Indiana Regional MLS

APN: 17-06-03-357-004.000-008