NOT LISTED FOR SALE

Estimated Value: $137,000 - $150,000

6 Beds
3 Baths
2,064 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $13,000 $6 Per Sq Ft

Est. 995% increase in value since last sale

Current estimated payment $958/month

94 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Enclosed patio or porch
  • Partially Carpeted

About This Home

As of May 2014

Great investment opportunity. Rent for profit, or live in one unit and pay your mortgage with the other 2! Tenants would like to stay in building.

Last Listed By

Nicolas Wyse

RE/MAX Results-Goshen Listed on: 12/17/2013

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

  • Lincoln Elementary School
  • Marshall Middle School
  • Riley High School

Utilities

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

Additional Features

  • Enclosed patio or porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, maintenance
  • The owner pays for tax
  • Assessor Parcel Number 71-08-14-477-004.000-026

Community Details

Overview

  • 3 Units
  • Shively Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1902
  • Age: 112
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: LOT 200 D M SHIVELYS 1ST ADD |
  • Parcel Number ID: 71-08-14-477-004.000-026
  • Platted: Yes
  • Amenities: Basement, Porch Enclosed, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 65
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2008
  • Special Features: None

Interior Features

  • Total Sq Ft: 3072
  • Total Finished Sq Ft: 2064
  • Above Grade Finished Sq Ft: 2064
  • Below Grade Sq Ft: 1008
  • Price Per Sq Ft: 6.3
  • Basement Foundation: Finished, Full Basement
  • Flooring: Laminate, Part Carpet
  • Total Below Grade Sq Ft: 1008

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Lot, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Lincoln
  • Middle School: Marshall
  • High School: Riley
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 120
  • Estimated Lot Sq Ft: 4800
  • Estimated Lot Size Acres: 0.111

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Tax
  • Tenant Pays: Cable, Maintenance

Tax Info

  • Total Assessed Value: 66700
  • Annual Property Tax: 482.74

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Units: 3
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 2

MLS Schools

  • High School: Riley
  • Middle School: Marshall
  • School District: South Bend Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Singh Joginder
Bought by
Regal Information Systems Llc
Total Days on Market
94
Current Estimated Value
$142,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$32,120
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$100,547

Purchase Details

Listed on
Dec 17, 2013
Closed on
Apr 11, 2014
Sold by
Adams John O
Bought by
Singh Joginder
Seller's Agent
Nicolas Wyse
RE/MAX Results-Goshen
Buyer's Agent
Nicolas Wyse
RE/MAX Results-Goshen
List Price
$25,000
Sold Price
$13,000
Premium/Discount to List
-$12,000
-48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.56%

Range of Values:

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Average Value
Not Available
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
Regal Information Systems Llc -- None Available
Singh Joginder -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regal Information Systems Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $13,000 -48.0% $6 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $25,000 -- $12 / 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 $1,984 $77,800 $5,000 $72,800
2023 $1,867 $77,800 $5,000 $72,800
2022 $1,867 $77,800 $5,000 $72,800
2021 $1,682 $68,300 $1,900 $66,400
2020 $1,682 $68,300 $1,900 $66,400
2019 $1,407 $68,200 $1,800 $66,400
2018 $1,671 $68,200 $1,800 $66,400
2017 $1,724 $67,400 $1,800 $65,600
2016 $1,760 $67,400 $1,800 $65,600
2014 $1,743 $66,700 $1,800 $64,900
2013 $1,747 $66,700 $1,800 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201320146

Indiana Regional MLS

APN: 71-08-14-477-004.000-026