NOT LISTED FOR SALE

Estimated Value: $184,000 - $232,000

4 Beds
4 Baths
2,066 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $42,500 $21 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $1,360/month

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Pleasant View Elementary School Rated A-
  • Patio
  • Luxury Vinyl Tile Flooring

About This Home

As of January 2016

Incredible investment opportunity! Each side of this duplex is 2 bdrm/1.5 bath with a full basement and a 1 car attached garage. Some work remains, but much has already been done. Long term tenant moved in October but had paid $650 per month + utilities. That rate should be higher with renovations.

Last Listed By

Duane Cook

F.C. Tucker Muncie, REALTORS Listed on: 12/15/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x143
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Community Details

  • 2 Units
  • Keller West Subdivision

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 18-10-01-276-002.000-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 38
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Keller West Sec B Lot #49 |
  • Parcel Number ID: 18-10-01-276-002.000-036
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Attic Storage, Cable Available, Countertops-Laminate, Countertops-Solid Surf, Eat-In Kitchen, Patio Open, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 77.41
  • Year Taxes Payable: 2015
  • Special Features: 12

Interior Features

  • Total Sq Ft: 4132
  • Total Finished Sq Ft: 2066
  • Above Grade Finished Sq Ft: 2066
  • Below Grade Sq Ft: 2066
  • Price Per Sq Ft: 20.57
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 2066
  • Number Of Disposals: 1
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: HVAC (13 Seer)
  • Number Of W D Hookups: 2

Schools

  • School District: Yorktown Community Schools
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)
  • Middle School: Yorktown
  • High School: Yorktown
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x143
  • Estimated Lot Sq Ft: 14375
  • Estimated Lot Size Acres: 0.33

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Trash Collection

Tax Info

  • Total Assessed Value: 124500
  • Annual Property Tax: 2553.18

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Jan 6, 2016
Sold by
Panzeri Laura J
Bought by
Kreitl Property Group Llc
Seller's Agent
Duane Cook
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Ed Conatser
F.C. Tucker Muncie, REALTORS
List Price
$54,900
Sold Price
$42,500
Premium/Discount to List
-$12,400
-22.59%
Total Days on Market
6
Current Estimated Value
$201,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,997
Avg. Annual Appreciation
18.44%

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
Kreitl Property Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreiti Property Group Llc $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $42,500 -22.6% $21 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
12/15/2015 12/15/15 For Sale $54,900 -- $27 / 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 $2,908 $139,000 $16,700 $122,300
2023 $2,908 $139,000 $16,700 $122,300
2022 $3,008 $144,000 $16,700 $127,300
2021 $2,756 $131,400 $15,500 $115,900
2020 $2,580 $122,600 $15,500 $107,100
2019 $2,580 $122,600 $15,500 $107,100
2018 $2,580 $122,600 $15,500 $107,100
2017 $2,604 $123,800 $15,500 $108,300
2016 $2,666 $126,900 $15,500 $111,400
2014 $2,553 $124,500 $15,500 $109,000
2013 -- $121,400 $15,500 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201555980

Indiana Regional MLS

APN: 18-10-01-276-002.000-036