NOT LISTED FOR SALE

51619 E County Line Rd Middlebury, IN 46540

8 Beds
4 Baths
3,600 Sq Ft
1.29 Acres Lot

Sale Details

Date Sold: February 23, 2017

Last sale price $187,500 $52 Per Sq Ft

75 Days on Market

About This Home

As of February 2017

This is your opportunity to own an income property nestled in the Stone Lake area. This fourplex features (4) 2 bedroom 1 bath units.

Last Agent to Sell the Property

Leslie Peters

New Beginning Realty Listed on: 11/05/2016

Last Buyer's Agent

Steve Miller

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1974

Lot Details

  • 1.29 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Partially Wooded Lot

Home Design

  • Quadruplex
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 8 Parking Spaces
  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Schools

  • York Elementary School
  • Northridge Middle School
  • Northridge High School

Utilities

  • Well
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal, trash collection
  • Assessor Parcel Number 20-04-13-426-042.000-032

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $1,200
  • Trash Expense $252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,663

Year Built

Built in 1974

Lot Details

1.29 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1974
  • Style: Two Story
  • Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PT E 1/2 SE 1/4 SEC 13; 1.293A |
  • Parcel Number ID: 20-04-13-426-042.000-032
  • Platted: Yes
  • Amenities: Off Street Parking
  • Location: Rural
  • Special Features: None

Interior Features

  • Total Sq Ft: 5400
  • Total Finished Sq Ft: 3600
  • Above Grade Finished Sq Ft: 3600
  • Below Grade Sq Ft: 1800
  • Basement: Yes
  • Basement Foundation: Outside Entrance, Unfinished
  • Basement Material: Block
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 1800
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Stories: 2

Garage/Parking

  • Driveway: Dirt
  • Number Of Parking Spaces: 8
  • Parking: Off Street, Unpaved

Utilities

  • Heating Fuel: Electricity
  • Sewer: Private
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Annual Insurance Expense: 1200
  • Annual Trash Expense: 252

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: York

Lot Info

  • Lot Description: Irregular, Partially Wooded, 0-2.9999
  • Lot Dimensions: IRRG
  • Estimated Lot Sq Ft: 56323
  • Estimated Lot Size Acres: 1.293

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal, Trash Collection
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 2663

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Number Of 4 Bedrooms: 2

MLS Schools

  • High School: Northridge
  • Middle School: Northridge
  • School District: Middlebury Community Schools
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Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2017 02/23/17 Sold $187,500 -20.2% $52 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
11/05/2016 11/05/16 For Sale $235,000 -- $65 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,579 $183,900 $21,800 $162,100
2024 $3,580 $153,600 -- $153,600
2022 $3,580 $213,300 $21,800 $191,500
2021 $3,573 $199,200 $21,800 $177,400
2020 $3,844 $213,500 $21,800 $191,700
2019 $3,829 $217,300 $21,800 $195,500
2018 $3,823 $218,600 $21,800 $196,800
2017 $2,666 $147,900 $21,800 $126,100
2016 $2,608 $144,500 $21,800 $122,700
2014 $2,597 $147,900 $21,800 $126,100
2013 $2,823 $144,600 $21,800 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201650784

Indiana Regional MLS
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