NOT LISTED FOR SALE

515 W Williams St Kendallville, IN 46755

Estimated Value: $161,804 - $182,000

5 Beds
2 Baths
2,200 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $41,900 $19 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,119/month

27 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot
  • Shed
  • Ceiling Fan
  • Community Storage Space

About This Home

As of October 2014

This duplex investment opportunity features a new furnace in lower unit and separate gas & electric utilities. The building is set up with a 3 bedroom upper unit and 2 bedroom lower unit. Both units are currently rented. Set up your showing today!

Last Agent to Sell the Property

Adam Ertel

Coldwell Banker Real Estate Gr Listed on: 07/29/2014

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Daniel Funk

Ryan Gerig Real Estate, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 29x108
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

  • North Side Elementary School
  • East Noble Middle School
  • East Noble High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating, lawn maintenance
  • The owner pays for maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 57-07-32-200-116.000-020

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $500
  • Water Sewer Expense $780

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$986

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 114
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Carmans Add 29' E Side Lots 13 & 14 |
  • Parcel Number ID: 57-07-32-200-116.000-020
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Porch Covered, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 105.01
  • Monthly Gross Income: 867
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3300
  • Total Finished Sq Ft: 2200
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Sq Ft: 1100
  • Price Per Sq Ft: 19.05
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1100
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 240

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 780
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Noble Schools
  • Elementary School: North Side
  • Middle School: East Noble
  • High School: East Noble
  • Elementary School: North Side

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 29x108
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance

Tax Info

  • Exemptions: Disabled Vet
  • Annual Property Tax: 985.52

Multi Family

  • Gross Monthly Rent: 866.66
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

  • High School: East Noble
  • Middle School: East Noble
  • School District: East Noble Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Gatchell James L
Bought by
Dny Llc
Current Estimated Value
$170,701

Purchase Details

Listed on
Jul 29, 2014
Closed on
Oct 27, 2014
Sold by
The Trust
Bought by
Funk Daniel R and Funk Michele L
Seller's Agent
Adam Ertel
Coldwell Banker Real Estate Gr
Buyer's Agent
Daniel Funk
Ryan Gerig Real Estate, LLC.
List Price
$39,900
Sold Price
$41,900
Premium/Discount to List
$2,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Source: Public Records

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
Dny Llc -- Assurance Title Company Inc
Funk Daniel R $41,900 Riverbend Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $41,900 +5.0% $19 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $39,900 -- $18 / 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 $2,353 $108,200 $9,300 $98,900
2023 $2,358 $96,400 $9,000 $87,400
2022 $2,061 $105,000 $8,700 $96,300
2021 $2,124 $96,500 $8,700 $87,800
2020 $1,833 $82,500 $7,400 $75,100
2019 $1,690 $74,900 $7,700 $67,200
2018 $1,255 $59,400 $7,500 $51,900
2017 $1,267 $62,900 $7,500 $55,400
2016 $1,235 $61,300 $7,500 $53,800
2014 $1,220 $60,700 $7,300 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201432871

Indiana Regional MLS

APN: 570732200116000020