NOT LISTED FOR SALE

515 W Wiley Ave Bluffton, IN 46714

Estimated Value: $123,000 - $166,870

5 Beds
2 Baths
2,110 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $90,000 $43 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,041/month

Highlights

  • Traditional Architecture
  • Laundry closet
  • Level Lot
  • Bluffton High School Rated 10
  • Wood Fence
  • Carpet

About This Home

As of May 2021

*** Home is a Duplex *** One Unit (The Back) is Currently Rented and can be Shown by appointment ONLY with 24 Hour Notice * Front Unit is Vacant and Easily Shown *

Last Agent to Sell the Property

Chandler Gerber

BKM Real Estate Listed on: 03/29/2021

Last Buyer's Agent

Chandler Gerber

BKM Real Estate Listed on: 03/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x150
  • Wood Fence
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 90-08-04-521-005.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,078

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Wiley Pt 10-26-12 EX W 6'
  • Parcel Number ID: 90-08-04-521-005.000-004
  • Platted: Yes
  • Amenities: Water Heater Electric
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Section Number: 04
  • Sp Lp Percent: 90.45
  • Monthly Gross Income: 1111
  • Special Features: None

Interior Features

  • Total Sq Ft: 2110
  • Total Finished Sq Ft: 2110
  • Above Grade Finished Sq Ft: 2110
  • Price Per Sq Ft: 42.65
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1662
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 500
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Schools

  • School District: MSD of Bluffton Harrison
  • Elementary School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • High School: Bluffton Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 52x150
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1110
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1078.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 21, 2021
Sold by
Mkr Rentals Llc
Bought by
Bcg Capital Llc
Seller's Agent
Chandler Gerber
BKM Real Estate
Buyer's Agent
Chandler Gerber
BKM Real Estate
List Price
$99,500
Sold Price
$90,000
Premium/Discount to List
-$9,500
-9.55%
Current Estimated Value
$153,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,468
Avg. Annual Appreciation
12.96%
Original Mortgage
$180,000
Outstanding Balance
$163,125
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
-$9,657

Purchase Details

Closed on
Jul 27, 2018
Sold by
Bryant Jeffrey L and Bryant Kathy A
Bought by
Mkr Rentals Llc

Purchase Details

Closed on
Jan 30, 2008
Sold by
Collins Joe and Collins Melissa
Bought by
Bryant Jeffrey L and Bryant Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Dobson Robert E
Bought by
Wells Fargo Bank In Na

Purchase Details

Closed on
Apr 10, 1997
Sold by
Dobson Norman E
Bought by
Dobson Robert
Source: Public Records

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
Bcg Capital Llc -- None Available
Mkr Rentals Llc $64,000 Wells County Title
Bryant Jeffrey L -- None Available
Wells Fargo Bank In Na -- --
Dobson Robert $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcg Capital Llc $180,000
Previous Owner Bryant Jeffrey L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $90,000 -9.5% $43 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $99,500 -- $47 / 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 $2,685 $148,800 $19,900 $128,900
2023 $2,159 $115,200 $16,800 $98,400
2022 $1,524 $88,700 $8,900 $79,800
2021 $1,213 $71,700 $8,000 $63,700
2020 $1,078 $71,700 $6,900 $64,800
2019 $1,156 $68,900 $6,900 $62,000
2018 $1,151 $68,900 $7,000 $61,900
2017 $902 $62,400 $6,300 $56,100
2016 $993 $62,400 $6,400 $56,000
2014 $1,189 $71,100 $7,500 $63,600
2013 -- $75,400 $7,800 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202109986

Indiana Regional MLS

APN: 90-08-04-521-005.000-004