NOT LISTED FOR SALE

540 S Center St Bremen, IN 46506

Estimated Value: $221,000 - $252,000

4 Beds
4 Baths
2,340 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $235,000 $100 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,371/month

37 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property

About This Home

As of September 2024

Don't miss out on this fantastic opportunity to own a versatile duplex in the heart of Bremen, Indiana. Whether you're looking for an investment property or a place to call home with rental income potential, this property has it all! Conveniently situated close to parks and schools, offering a peaceful neighborhood atmosphere. This duplex includes two units, each featuring two spacious bedrooms, 1.5 bathrooms and laundry hookups. Enjoy preparing meals in the well-appointed, spacious kitchens in each unit. Refrigerators and stoves can stay. The back unit boasts an extra-large attached garage with alley entry, providing ample space for parking and storage. Take advantage of Bremen's rental market and the appeal of a well-maintained duplex. Don't Miss Out! Schedule a showing today to see firsthand the potential of this duplex in Bremen. Whether you're an investor or a homeowner looking to maximize your living space, this property is sure to impress.

Last Agent to Sell the Property

ERIKA LEMAN

RE/MAX Aspire Listed on: 07/23/2024

RE/MAX Aspire

Last Buyer's Agent

Javier Jimenez

Next Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1946

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x176

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Suburban Location

Schools

  • Bremen Elementary And Middle School
  • Bremen High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 50-53-35-401-892.000-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$810

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Style: One Story
  • Architectural Style: Duplex
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: LOT 11 & 12 BLOCK A EDWARD BEYLERS ADD COMB FORM COMB 893W/892
  • Parcel Number ID: 50-53-35-401-892.000-006
  • Platted: Yes
  • Amenities: Garage Door Opener
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2340
  • Total Finished Sq Ft: 2340
  • Above Grade Finished Sq Ft: 2340
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 11x13, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Family Room: Dimensions: 11x19, On Level: Main
  • Bedroom 1: Dimensions: 13x18, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Bedroom 4: Dimensions: 11x13, On Level: Main
  • Other Room1: Back Kitchen, Dimensions: 19x18, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x20
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: City of Bremen
  • Gas Company: NIPSCO
  • Water Company: City of Bremen

Schools

  • Elementary School: Bremen

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x176
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 809.98
  • Exemptions: Homestead

MLS Schools

  • High School: Bremen
  • Middle School: Bremen
  • School District: Bremen Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 11, 2024
Sold by
Ubac-Mcvicker Peter F
Bought by
Garcia Humberto Humberto and Garcia Rutila
Seller's Agent
ERIKA LEMAN
RE/MAX Aspire
Buyer's Agent
Javier Jimenez
Next Home Realty LLC
List Price
$269,000
Sold Price
$235,000
Premium/Discount to List
-$34,000
-12.64%
Views
54
Current Estimated Value
$232,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,041
Avg. Annual Appreciation
-0.63%

Purchase Details

Listed on
Dec 24, 2018
Closed on
Apr 29, 2019
Sold by
Kelty David L and Kelty Sheila M
Bought by
Ubac Vicker Peter F
Seller's Agent
ERIKA LEMAN
RE/MAX Aspire
Buyer's Agent
Christan Cassidy
Century 21 Circle
List Price
$145,000
Sold Price
$137,500
Premium/Discount to List
-$7,500
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$135,009
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2016
Sold by
Young James A
Bought by
Young Lowell A and Young Barbara J

Purchase Details

Closed on
Oct 29, 2016
Sold by
Young William A
Bought by
Young Lowell A and Young Barbara J

Purchase Details

Closed on
Oct 27, 2016
Sold by
Young Arthur L
Bought by
Young Lowell A and Young Barbara J

Purchase Details

Closed on
Oct 23, 2016
Sold by
Young Barbara J and Young Lowell A
Bought by
Kelty David L and Kelty Sheila M

Purchase Details

Closed on
Apr 30, 2013
Sold by
Young Lowell A and Young Barbara J
Bought by
Young Lowell A and Young Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Humberto Humberto -- None Listed On Document
Ubac Vicker Peter F -- Mtc
Young Lowell A -- None Available
Young Lowell A -- None Available
Young Lowell A -- None Available
Kelty David L -- None Available
Young Lowell A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ubac Vicker Peter F $135,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2024 09/11/24 Sold $235,000 -7.5% $100 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $254,000 -3.8% $109 / Sq Ft
08/05/2024 08/05/24 Price Changed $264,000 -1.9% $113 / Sq Ft
07/23/2024 07/23/24 For Sale $269,000 +95.6% $115 / Sq Ft
04/29/2019 04/29/19 Sold $137,500 -5.2% $59 / Sq Ft View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
12/24/2018 12/24/18 For Sale $145,000 -- $62 / 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
2024 $1,613 $145,600 $24,500 $121,100
2022 $1,613 $110,600 $20,500 $90,100
2021 $859 $89,100 $15,200 $73,900
2020 $897 $90,700 $14,600 $76,100
2019 $348 $65,900 $14,200 $51,700
2018 $1,265 $62,600 $13,500 $49,100
2017 $1,278 $63,300 $6,600 $56,700
2016 $508 $76,600 $6,700 $69,900
2014 $479 $72,000 $6,400 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202427504

Indiana Regional MLS

APN: 50-53-35-401-892.000-006