Seller's Agent in 2022
Jim Gilday
eXp Realty, LLC
(317) 797-5062
19 in this area
154 Total Sales
Estimated Value: $92,000 - $105,000
3
Beds
1
Bath
1,388
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Elmwood Primary Learning Center Rated A-
- Level Lot
About This Home
As of March 2022Welcome to this stately property! Great investment property that is mostly rented. Total rents collected are $2605 for a 13.89% cap rate. This property features 2 large covered porches and all entry points are covered, which tenants will enjoy and plenty of parking.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 59x119
- Level Lot
Parking
- 2 Parking Spaces
Interior Spaces
- 1,388 Sq Ft Home
- 1.5-Story Property
- Partially Finished Basement
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Elmwood/Blair Pointe Elementary School
- Peru Middle School
- Peru High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for cooling, electric, heating
- The owner pays for building insurance, maintenance
- Assessor Parcel Number 52-08-34-104-029.000-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2021
Closed on
Feb 23, 2022
Sold by
Armson Property Holdings 1 Llc
Bought by
Roland Dillon S and Elliott Makell E
Seller's Agent
Jim Gilday
eXp Realty, LLC
Buyer's Agent
Angie Roe
Heartland Real Estate Brokers
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,648
Avg. Annual Appreciation
9.30%
Original Mortgage
$70,707
Outstanding Balance
$65,945
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$32,297
Purchase Details
Closed on
Apr 20, 2021
Sold by
Scott James Llc
Bought by
Armson Property Holdings 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Listed on
May 24, 2017
Closed on
Aug 14, 2017
Sold by
First Bank Of Berne
Bought by
Scottjames Llc
List Price
$18,000
Sold Price
$25,150
Premium/Discount to List
$7,150
39.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.77%
Purchase Details
Closed on
Mar 21, 2017
Sold by
Doane Properties Ltd
Bought by
First Berne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roland Dillon S | -- | Keith Thomas A | |
| Armson Property Holdings 1 Llc | -- | Keith Thomas A | |
| Armson Property Holdings 1 Llc | $350,000 | None Available | |
| Scottjames Llc | $20,958 | Wabash Valley Abstract Company | |
| First Berne | $13,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armson Property Holdings 1 Llc | $70,707 | |
| Closed | Roland Dillon S | $70,707 | |
| Previous Owner | Armson Property Holdings 1 Llc | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $70,000 | 0.0% | $50 / Sq Ft | |
| 02/25/2022 02/25/22 | Sold | $70,000 | 0.0% | $70 / Sq Ft | View Prior Sale |
| 01/04/2022 01/04/22 | Pending | -- | -- | -- | |
| 12/23/2021 12/23/21 | Pending | -- | -- | -- | |
| 11/02/2021 11/02/21 | Price Changed | $70,000 | -6.7% | $50 / Sq Ft | |
| 10/29/2021 10/29/21 | For Sale | $75,000 | 0.0% | $54 / Sq Ft | |
| 10/07/2021 10/07/21 | For Sale | $75,000 | +198.2% | $75 / Sq Ft | |
| 08/30/2017 08/30/17 | Sold | $25,150 | +39.7% | $18 / Sq Ft | View Prior Sale |
| 07/28/2017 07/28/17 | Pending | -- | -- | -- | |
| 05/24/2017 05/24/17 | For Sale | $18,000 | -- | $13 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $924 | $92,400 | $8,100 | $84,300 |
| 2023 | $924 | $93,300 | $8,100 | $85,200 |
| 2022 | $510 | $44,800 | $8,100 | $36,700 |
| 2021 | $836 | $41,800 | $8,100 | $33,700 |
| 2020 | $546 | $27,300 | $8,100 | $19,200 |
| 2019 | $546 | $27,300 | $8,100 | $19,200 |
| 2018 | $546 | $27,300 | $8,100 | $19,200 |
| 2017 | $540 | $27,000 | $8,100 | $18,900 |
| 2016 | $540 | $27,000 | $8,100 | $18,900 |
| 2014 | $534 | $26,700 | $8,100 | $18,600 |
| 2013 | -- | $24,200 | $8,100 | $16,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Gilday
-
Angie Roe
Buyer's Agent in 2022
Angie Roe
Heartland Real Estate Brokers
(765) 271-6875
2 in this area
148 Total Sales
-
I
Buyer's Agent in 2022
IUO Non-BLC Member
Non-BLC Office
Map
Source: Indiana Regional MLS
MLS Number: 202145638
APN: 52-08-34-104-029.000-023
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