NOT LISTED FOR SALE

Estimated Value: $142,000 - $203,000

2 Beds
2 Baths
1,498 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $62,000 $41 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,084/month

110 Days on Market

Highlights

  • Government Subsidized Program
  • Partially Carpeted
  • Level Lot
  • Forced Air Heating System

About This Home

As of October 2018

Below appraisal value! Don't pass this one by! Appraised by Nye Appraisal for $80,000 in August 2018. If you have ever thought of investing in Real Estate here is your chance. Duplex near downtown with current long term tenants,one has been here since 2006 and the other since 2015. Both units have 1 bedroom,1 bathroom,nice kitchens and living rooms. Goshen is a great place to call home with great Parks, Walking and Biking Trails,vibrant downtown and Goshen College. Could easily be converted to a single family home. Aardvark Home Inspection and copy of appraisal is in associated document for your review. Property sold as is -

Last Agent to Sell the Property

Karen Smith

Berkshire Hathaway HomeServices Goshen Listed on: 06/17/2018

Berkshire Hathaway HomeServices Goshen

Last Buyer's Agent

Steve Miller

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1880

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 42x66
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Chandler Elementary School
  • Goshen Middle School
  • Goshen High School

Farming

  • Government Subsidized Program

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for electric, heating, maintenance, sewer, tax, water
  • Assessor Parcel Number 20-11-10-352-002.000-015

Community Details

Overview

  • 2 Units
  • Mercers Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $3,300
  • Insurance Expense $900
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$676

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1880
  • Age: 138
  • Style: Two Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Mercers 42x66FT Cent Pt 396 (TIF) |
  • Parcel Number ID: 20-11-10-352-002.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Water Heater Gas
  • Sp Lp Percent: 88.7
  • Zoning Description: R-1
  • Government Subsidized: Yes
  • Monthly Gross Income: 1178
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1918
  • Total Finished Sq Ft: 1498
  • Above Grade Finished Sq Ft: 1498
  • Below Grade Sq Ft: 420
  • Price Per Sq Ft: 41.39
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 420
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 3300
  • Annual Insurance Expense: 900
  • Annual Water Sewer Expense: 900
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Goshen Community Schools
  • Elementary School: Chandler
  • Middle School: Goshen
  • High School: Goshen
  • Elementary School: Chandler

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 42x66
  • Estimated Lot Sq Ft: 2788
  • Estimated Lot Size Acres: 0.064
  • Lot Number: 396

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Maintenance, Sewer, Tax, Water

Tax Info

  • Total Assessed Value: 33000
  • Annual Property Tax: 676

Multi Family

  • Gross Monthly Rent: 1178
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Kupty and Wiam
Bought by
Awk Investments Llc
Total Days on Market
110
Current Estimated Value
$159,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2019
Sold by
Kupty Adeeb and Kupty Wiam
Bought by
Awk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 17, 2018
Closed on
Oct 26, 2018
Sold by
Calhoun Sheryl L Bontrager D
Bought by
Kupty Adeeb and Kupty Wiam
Seller's Agent
Karen Smith
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$114,900
Sold Price
$62,000
Premium/Discount to List
-$52,900
-46.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%

Purchase Details

Closed on
Oct 20, 2006
Sold by
Gorsline John D and Gorsline Barbara J
Bought by
Gorsline John D and Gorsline Barbara J

Purchase Details

Closed on
Apr 6, 2002
Sold by
Bontrager Angela R
Bought by
Gorsline John D and Gorsline Barbara J
Source: Public Records

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Range of Values:

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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
Awk Investments Llc -- None Listed On Document
Awk Investments Llc -- None Available
Kupty Adeeb -- None Available
Gorsline John D -- None Available
Gorsline John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Awk Investments Llc $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $62,000 -11.3% $41 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
10/01/2018 10/01/18 Price Changed $69,900 -7.9% $47 / Sq Ft
09/10/2018 09/10/18 Price Changed $75,900 -5.0% $51 / Sq Ft
09/07/2018 09/07/18 Price Changed $79,900 -8.1% $53 / Sq Ft
08/20/2018 08/20/18 Price Changed $86,900 -12.2% $58 / Sq Ft
08/03/2018 08/03/18 Price Changed $99,000 -8.2% $66 / Sq Ft
07/12/2018 07/12/18 Price Changed $107,900 -6.1% $72 / Sq Ft
06/17/2018 06/17/18 For Sale $114,900 -- $77 / 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 $2,836 $120,700 $9,300 $111,400
2022 $2,836 $99,000 $9,300 $89,700
2021 $2,150 $89,300 $9,300 $80,000
2020 $1,862 $68,700 $7,900 $60,800
2019 $1,714 $68,700 $7,900 $60,800
2018 $1,625 $68,700 $7,900 $60,800
2017 $691 $33,000 $7,900 $25,100
2016 $711 $33,000 $7,900 $25,100
2014 $669 $32,500 $7,900 $24,600
2013 $650 $32,500 $7,900 $24,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201826122

Indiana Regional MLS

APN: 20-11-10-352-002.000-015