NOT LISTED FOR SALE

504 N 00ew Lagrange, IN 46761

Estimated Value: $175,000 - $223,000

4 Beds
2 Baths
1,664 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $201,000 $121 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,434/month

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Level Lot
  • Laundry in Utility Room
  • Ceiling Fan
  • Carpet

About This Home

As of July 2021

Opportunity is knocking... good condition duplex located on a level, 1/2 acre lot with beautiful mature trees. Each unit has 2 bedrooms, 1 bath, laundry with washer and dryer, deck and a 1 car attached garage. This is an excellent opportunity for the savvy investor or a first time home buyer that wants to live in one unit and let the other unit help pay the mortgage. The property is serviced by natural gas, city sewer & water with each unit being metered seperately. New roof in 2009. Close to downtown LaGrange, Parkview Hospital or Heron Creek Golf Course. The Seller will respond to all offers on 7/13.

Last Listed By

Stacy Rofkahr

Mike Thomas Associates Listed on: 07/07/2021

Mike Thomas Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1989

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 111x152
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, heating, sewer, water
  • The owner pays for lawn maintenance, snow removal
  • Assessor Parcel Number 44-07-19-300-005.001-002

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Maintenance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1989
  • Age: 32
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Shaffers Town Line Addition Lot 1
  • Parcel Number ID: 44-07-19-300-005.001-002
  • Platted: Yes
  • Amenities: Ceiling Fan, Countertops-Laminate, Deck Open, Detector-Smoke, Garage Door Opener
  • Sp Lp Percent: 111.73
  • Monthly Gross Income: 1225
  • Special Features: None

Interior Features

  • Total Sq Ft: 1664
  • Total Finished Sq Ft: 1664
  • Above Grade Finished Sq Ft: 1664
  • Price Per Sq Ft: 120.79
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 600
  • Annual Maintenance Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Lakeland School Corp
  • Elementary School: Lakeland Primary
  • Middle School: Lakeland Intermediate
  • High School: Lakeland Jr/Sr

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 111x152
  • Estimated Lot Sq Ft: 16872
  • Estimated Lot Size Acres: 0.38

Rental Info

  • Owner Pays: Lawn Maintenance, Snow Removal
  • Tenant Pays: Cooling, Heating, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1225
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Krystle King
Bought by
King Krystle
Total Days on Market
6
Current Estimated Value
$205,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
3.01%
Mortgage Type
New Conventional

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
King Krystle -- Address Grantees Street
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Krystle $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $201,000 +11.7% $121 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $179,900 -- $108 / 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 $3,476 $173,800 $29,400 $144,400
2023 $3,376 $168,800 $28,600 $140,200
2022 $3,204 $160,200 $24,800 $135,400
2021 $2,018 $100,900 $19,100 $81,800
2020 $1,976 $98,800 $19,100 $79,700
2019 $2,006 $100,300 $19,100 $81,200
2018 $1,990 $99,500 $19,100 $80,400
2017 $2,068 $103,400 $19,100 $84,300
2016 $2,022 $101,100 $19,100 $82,000
2014 $1,998 $99,900 $19,100 $80,800
2013 $1,998 $126,600 $19,100 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202127151

Indiana Regional MLS

APN: 44-07-19-300-005.001-002