NOT LISTED FOR SALE

Estimated Value: $195,000 - $232,000

3 Beds
3 Baths
1,950 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $164,900 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,410/month

106 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Backs to Open Ground
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2023

See the structural inspection report attached to listing. One story duplex. Both tenants would prefer to stay/now month to month. Front unit has 1,250 sq ft, beamed cathedral ceilings, 2 bedrooms, 2 full baths, Great room with gas log fireplace is defective, as is condition. kitchen nook utility closet, two car attached garage covered front porch and electric heat and wall or window air units. Back unit has 700 sq ft, one bedroom, 1 full bath, Great room open to kitchen-nook area, stacked washer dryer area in bath, covered back patio. Front left tenant rent is $1,025 per month from March through November and $890 for December through February. The back right tenant rent is $565 per month from March through November and $485 for December through February. The west side of the front unit settled, in 2009 the owner poured an additional concrete cap on top of existing slab to make the floor level; step up/down at GR and hallway. Their has not been any indication 0f any settling since they owned in 2008, see see structural engineering report dated 1-11-2023. The back one bedroom unit was built onto the existing home. Buyer is encouraged to have the property inspected. Seller is selling property in as is condition. Owner pays water, sewer and trash. Tenants pay electric.

Last Agent to Sell the Property

Matt Price

Mike Thomas Assoc., Inc Listed on: 11/30/2022

Mike Thomas Assoc., Inc

Co-Listed By

Jay Price

Mike Thomas Assoc., Inc

Last Buyer's Agent

Matt Price

Mike Thomas Assoc., Inc Listed on: 11/30/2022

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1965

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 130 x 150 x 125 x 150
  • Backs to Open Ground
  • Level Lot

Home Design

  • Duplex
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Countertops
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Schools

  • New Haven Elementary And Middle School
  • New Haven High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, deposit value
  • The owner pays for lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-13-04-103-007.000-070

Community Details

Overview

  • 2 Units
  • Lakehurst Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Maintenance Expense $2,355
  • Water Sewer Expense $1,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1965
  • Age: 58
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lakehurst add., sec. A, lot 1 and w 15 foot of lot 2.
  • Parcel Number ID: 02-13-04-103-007.000-070
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Ceiling-Cathedral, Closet(s) Walk-in, Countertops-Laminate, Garage Door Opener, Open Floor Plan, Patio Covered, Porch Covered, Water Heater Electric
  • Cross Street: Reed Road
  • Location: City/Town/Suburb
  • Planned Unit Dev: Yes
  • Section Number: A
  • Sp Lp Percent: 100
  • Zoning Description: RP zoning
  • Monthly Gross Income: 1551
  • Restrictions Yn: Yes
  • County Zoning: R2
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1950
  • Total Finished Sq Ft: 1950
  • Above Grade Finished Sq Ft: 1950
  • Price Per Sq Ft: 84.56
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Brick, Wood
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Number Of Parking Spaces: 3
  • Parking: Garage, Off Street, Paved

Utilities

  • Cooling: Wall AC, Window, Multiple Cooling Units
  • Heating Fuel: Electricity, Baseboard, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 2355
  • Annual Water Sewer Expense: 1956
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven
  • Elementary School: New Haven

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 130 x 150 x 125 x 150
  • Estimated Lot Sq Ft: 19123
  • Estimated Lot Size Acres: 0.439
  • Lot Number: 1

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Deposit Value

Multi Family

  • Gross Monthly Rent: 1551
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2048

MLS Schools

  • High School: New Haven
  • Middle School: New Haven
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Apr 20, 2023
Sold by
Tfhc Llc
Bought by
Bell Trevel
Seller's Agent
Matt Price
Mike Thomas Assoc., Inc
Buyer's Agent
Matt Price
Mike Thomas Assoc., Inc
List Price
$164,900
Sold Price
$164,900
Views
214
Current Estimated Value
$214,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,400
Avg. Annual Appreciation
10.43%
Original Mortgage
$123,675
Outstanding Balance
$120,745
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$86,225

Purchase Details

Closed on
May 9, 2008
Sold by
Professional Fcu
Bought by
Tfhc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2007
Sold by
Vanasperen Erik and Van Asperen Tammera S
Bought by
Professional Fcu

Purchase Details

Closed on
Jan 20, 2006
Sold by
Asperen Erik
Bought by
Asperen Erik and Van Asperen Tammera S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,160
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Bell Trevel -- None Listed On Document
Tfhc Llc -- None Available
Professional Fcu $101,281 None Available
Asperen Erik -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Trevel $123,675
Previous Owner Tfhc Llc $50,000
Previous Owner Vanasperen Erik $78,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $164,900 0.0% $85 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $164,900 0.0% $85 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $164,900 0.0% $85 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $164,900 -- $85 / 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 $166,700 $24,200 $142,500
2022 $2,220 $111,000 $24,200 $86,800
2021 $2,048 $102,400 $24,200 $78,200
2020 $1,978 $98,900 $24,200 $74,700
2019 $1,836 $91,800 $24,200 $67,600
2018 $1,836 $91,800 $24,200 $67,600
2017 $1,798 $89,900 $24,200 $65,700
2016 $1,922 $96,100 $24,200 $71,900
2014 $1,880 $94,000 $24,200 $69,800
2013 $1,896 $94,800 $24,200 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202248320

Indiana Regional MLS

APN: 02-13-04-103-007.000-070