NOT LISTED FOR SALE

4960 E Lincolnway Columbia City, IN 46725

Estimated Value: $240,978 - $567,000

3 Beds
3 Baths
2,671 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $70,000 $26 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $1,852/month

3 Days on Market

Highlights

  • Porch
  • Shed
  • Ceiling Fan
  • Laundry in Utility Room
  • Luxury Vinyl Tile Flooring
  • Hot Water Heating System

About This Home

As of December 2015

Rural Multi-Family (3) Units residential property located on 1 acre of land with city sewer and private well. Good location just 3 miles west of Allen/Whitley County Line. New roof in 2014 on the back portion of the main house, owner may consider a land contract.

Last Agent to Sell the Property

Greg Fahl

Orizon Real Estate, Inc. Listed on: 11/10/2015

Last Buyer's Agent

Greg Fahl

Orizon Real Estate, Inc. Listed on: 11/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Level Lot

HOA Fees

  • $9 per month

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,671 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Schools

  • Coesse Elementary School
  • Indian Springs Middle School
  • Columbia City High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric
  • The owner pays for maintenance, sewer, tax
  • Assessor Parcel Number 92-05-16-000-205.000-012

Community Details

Overview

  • $9 Other Monthly Fees
  • 2 Buildings
  • 3 Units
  • Wilson Subdivision

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,000
  • Water Sewer Expense $2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,113

Year Built

Built in 1940

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1940
  • Age: 75
  • Style: One Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: FRL PT NE4 SE4 S16 T31 R10 .488A Lot 7 EX E PT Wilson Subdivision PT NE4 SE4 S16 T31 R10 .036 |
  • Parcel Number ID: 92-05-16-000-205.000-012
  • Platted: Yes
  • Amenities: Ceiling Fan, Deck Open, Porch Open, Water Heater Electric
  • Location: Rural
  • Section Number: 16
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1275
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2671
  • Total Finished Sq Ft: 2671
  • Above Grade Finished Sq Ft: 2671
  • Price Per Sq Ft: 26.21
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Electricity, Gas, Hot Water, Wall Heater
  • Sewer: City
  • Water Utilities: Well
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 2
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Other Fee Description: Recycle Fee
  • Other Fees Dollar: 106
  • Pet Restrictions: Yes

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Coesse
  • Middle School: Indian Springs
  • High School: Columbia City
  • Elementary School: Coesse

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 43734
  • Estimated Lot Size Acres: 1.004
  • Lot Number: 7

Rental Info

  • Owner Pays: Maintenance, Sewer, Tax
  • Tenant Pays: Cable, Cooling, Electric

Multi Family

  • Gross Monthly Rent: 1275
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1113

MLS Schools

  • High School: Columbia City
  • Middle School: Indian Springs
  • School District: Whitley CO Cons Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 1, 2015
Sold by
Matthew L Chenoweth
Bought by
Mandi S Sanders
Seller's Agent
Greg Fahl
Orizon Real Estate, Inc.
Buyer's Agent
Greg Fahl
Orizon Real Estate, Inc.
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$339,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,995
Avg. Annual Appreciation
17.38%
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
Mandi S Sanders $70,000 North American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2015 12/01/15 Sold $70,000 0.0% $26 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $70,000 -- $26 / 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 $403 $129,600 $16,300 $113,300
2023 $790 $126,100 $16,000 $110,100
2022 $589 $115,300 $14,400 $100,900
2021 $514 $92,000 $12,900 $79,100
2020 $332 $83,300 $9,300 $74,000
2019 $450 $85,600 $9,300 $76,300
2018 $402 $77,400 $9,300 $68,100
2017 $403 $76,800 $9,300 $67,500
2016 $372 $76,100 $9,300 $66,800
2014 $1,113 $85,300 $9,300 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Greg Fahl

    Seller's Agent in 2015

    Greg Fahl

    Orizon Real Estate, Inc.

    (260) 609-2503

    287 Total Sales

    Greg Fahl
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Map

Source: Indiana Regional MLS

MLS Number: 201552244

Indiana Regional MLS

APN: 92-05-16-000-205.000-012

Indiana Whitley County Columbia City 46725

4960 E Lincolnway, Columbia City, IN

This home is located at 4960 E Lincolnway, Columbia City, IN 46725 since 10 November 2015 and is currently estimated at $339,995, approximately $127 per square foot. This property was built in 1940. 4960 E Lincolnway is a home located in Whitley County with nearby schools including Coesse Elementary School, Indian Springs Middle School, and Columbia City 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.

Indiana 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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