NOT LISTED FOR SALE

523 S Cowen St Garrett, IN 46738

5 Beds
3 Baths
3,128 Sq Ft
0.25 Acres

Last Sold July 06, 2018

Last sale price $129,900 $42 Per Sq Ft

238 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Forced Air Heating System

About This Home

As of July 2018

Great investment opportunity! Turn key and ready for new investor. Well maintained tri plex located on a corner lot. Features 2 bedroom main level unit with 1332 square feet of living space, nice kitchen, laundry area, sun-room and deck. Upper level 2 bedroom unit with 1092 square feet of living space and nice kitchen. Cute one bedroom unit on the main floor. Off street parking, front, side and rear. Water, sewer and gas are combined. Separate electric meters for all 3 units. Freshly painted, maintenance free exterior, 30 year shingles replaced in 2007 with complete tear off, new sidewalks, new gutters, several newer windows and new carpeting. Large shed with small garage door for storage. Live in one unit and rent the other two. Rent figures are from when all units were last rented. Easy to show!

Last Agent to Sell the Property

Teri Davis-Foster

Mike Thomas Associates, Inc. Listed on: 09/15/2017

Mike Thomas Associates, Inc.

Last Buyer's Agent

Teri Davis-Foster

Mike Thomas Associates, Inc. Listed on: 09/15/2017

Mike Thomas Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 125
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Private Parking
  • Stone Driveway
  • Off-Street Parking

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 17-09-03-159-015.000-013

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,680
  • Insurance Expense $1,200
  • Water Sewer Expense $3,000

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,115

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 118
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Wagners Addittion Lot 3 and S 40' of lot 2 |
  • Parcel Number ID: 17-09-03-159-015.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Countertops-Laminate, Deck Open, Detector-Smoke, Eat-In Kitchen, Porch Covered
  • Location: City/Town/Suburb
  • Parcel Id2: 170903159014000013
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1950
  • Year Taxes Payable: 17/18
  • Special Features: None

Interior Features

  • Total Sq Ft: 4220
  • Total Finished Sq Ft: 3128
  • Above Grade Finished Sq Ft: 3128
  • Below Grade Sq Ft: 1092
  • Price Per Sq Ft: 41.53
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Ceramic Tile, Vinyl Tile, Vinyl
  • Main Level Sq Ft: 2036
  • Total Below Grade Sq Ft: 1092
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 6
  • Parking: Off Street, Private

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Annual Fuel Expense: 1680
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 90 x 125
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Owner Pays: Fuel, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1800
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 2115

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $129,900 0.0% $42 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $129,900 -- $42 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201743111

Indiana Regional MLS