NOT LISTED FOR SALE

524 E Diamond St Kendallville, IN 46755

Estimated Value: $198,000 - $271,450

7 Beds
5 Baths
3,521 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $60,000 $17 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $1,567/month

371 Days on Market

Highlights

  • Saltbox Architecture
  • Entrance Foyer
  • Luxury Vinyl Tile Flooring
  • Covered Patio or Porch
  • Shed
  • Forced Air Heating System

About This Home

As of August 2017

Great investment opportunity! Duplex which consists of two houses hooked together with five units, two 2 bedroom units and three 1 bedroom units. Start making money the first month that you own them! Selling well under the assessed value!

Last Agent to Sell the Property

Gregg Pyle

Hosler Realty Inc - Kendallville Listed on: 07/08/2016

Last Buyer's Agent

Gregg Pyle

Hosler Realty Inc - Kendallville Listed on: 07/08/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82' x 115'
  • Level Lot
  • Irregular Lot

Home Design

  • Duplex
  • Saltbox Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Partially Finished Basement
  • Block Basement Construction
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Private Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating, snow removal, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 57-07-33-230-061.000-020

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $538
  • Insurance Expense $907
  • Maintenance Expense $1,739
  • Trash Expense $672
  • Water Sewer Expense $1,201

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 77
  • Style: Two Story
  • Architectural Style: Salt Box
  • Bedrooms: 7
  • Number Above Grade Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Hitchcocks Add Ex 50' W Side Lot 12 Hitchcocks Add Lot 13 Hitchcocks Add E144' N116' Lot 28 |
  • Parcel Number ID: 57-07-33-230-061.000-020
  • Platted: Yes
  • Amenities: Ceiling Fan, Storage, Cable Ready, Detector-Smoke, Foyer Entry, Porch Covered, Water Heater Electric, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 75.09
  • Annual Miscellaneous: 1235
  • Monthly Gross Income: 1825
  • Year Taxes Payable: 15/16
  • Special Features: None

Interior Features

  • Total Sq Ft: 4103
  • Total Finished Sq Ft: 3521
  • Above Grade Finished Sq Ft: 3521
  • Below Grade Sq Ft: 582
  • Price Per Sq Ft: 17.04
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Mixed, Vinyl Tile, Vinyl
  • Main Level Sq Ft: 2097
  • Total Below Grade Sq Ft: 582
  • Number Of Ranges Ovens: 5
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 600

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 8
  • Parking: Off Street, Private

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Hvac: Ceiling Fan
  • Annual Fuel Expense: 538
  • Annual Insurance Expense: 907
  • Annual Maintenance Expense: 1739
  • Annual Trash Expense: 672
  • Annual Water Sewer Expense: 1201

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Irregular, Level
  • Lot Dimensions: 82' x 115'
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating, Snow Removal, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1825
  • Number Of Refrigerators: 5
  • Number Of Units: 5
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 5

Tax Info

  • Annual Property Tax: 2184.72

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
Aug 6, 2019
Sold by
Psp Investments Llc
Bought by
Csp Property Management Llc
Current Estimated Value
$223,613

Purchase Details

Closed on
Apr 15, 2019
Sold by
Mitchell William S
Bought by
Psp Investments Llc
Source: Public Records

Range of Values:

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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
Csp Property Management Llc $60,000 Attorney Only
Psp Investments Llc $104,080 Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2017 08/23/17 Sold $60,000 -39.9% $17 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
07/08/2016 07/08/16 For Sale $99,900 -- $28 / 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 $4,623 $212,600 $34,400 $178,200
2023 $5,543 $187,000 $29,900 $157,100
2022 $3,378 $155,100 $28,800 $126,300
2021 $3,061 $139,100 $27,500 $111,600
2020 $2,752 $123,900 $24,700 $99,200
2019 $3,056 $135,700 $40,400 $95,300
2018 $1,859 $88,000 $40,400 $47,600
2017 $1,703 $84,600 $40,400 $44,200
2016 $2,212 $110,100 $40,400 $69,700
2014 $2,436 $121,500 $26,200 $95,300
Source: Public Records

Agents Affiliated with this Home

  • Gregg Pyle

    Seller's Agent in 2017

    Gregg Pyle

    Hosler Realty Inc - Kendallville

    (260) 302-6404

    13 Total Sales

    Gregg Pyle
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Map

Source: Indiana Regional MLS

MLS Number: 201631665

Indiana Regional MLS

APN: 570733230061000020

Indiana Noble County Kendallville 46755

524 E Diamond St, Kendallville, IN

This home is located at 524 E Diamond St, Kendallville, IN 46755 since 08 July 2016 and is currently estimated at $223,613, approximately $63 per square foot. This property was built in 1940. 524 E Diamond St is a home located in Noble County with nearby schools including South Side Elementary School, East Noble Middle School, and East Noble High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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