NOT LISTED FOR SALE

5420 N Old 102 Unit 1 Columbia City, IN 46725

Estimated Value: $402,000 - $567,472

8 Beds
5 Baths
3,360 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $206,000 $61 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,910/month

31 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • Porch
  • Pier or Dock
  • Lake Property
  • 1-minute walk to Round Lake Public Access Site

About This Home

As of December 2014

Great opportunity to own a large lakefront lot on Shriner. This parcel does include the lakefront. Endless possibilities with a General Commercial Zoning. Business opportunity, rental, combined family retreat/vacation spot. Seller will consider a contract. Almost $50,000 in recent renovations.

Last Agent to Sell the Property

Brooks Langeloh

Orizon Real Estate, Inc. Listed on: 10/03/2014

Last Buyer's Agent

Steve Bartkus

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1874

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 90x291
  • 100 Feet of Waterfront
  • Private Beach
  • Split Rail Fence

Home Design

  • Quadruplex
  • Poured Concrete
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream
  • Porch

Schools

  • Northern Heights Elementary School
  • Indian Springs Middle School
  • Columbia City High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Well

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for cable, cooling, electric, fuel, heating
  • The owner pays for building insurance, maintenance, snow removal, sewer, trash collection, water softener
  • Assessor Parcel Number 92-03-12-000-325.000-011

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Pier or Dock

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $480
  • Fuel Expense $480
  • Insurance Expense $1,100
  • Maintenance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $97

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,995

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Waterfront: Yes
  • Year Built: 1874
  • Age: 140
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: Pt N2 Frl SW4 S12 T32 R9 .663A |
  • Parcel Number ID: 92-03-12-000-325.000-011
  • Platted: Yes
  • Amenities: Basement, Storage, Porch Open
  • Location: Lake
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 79.26
  • Annual Miscellaneous: 212
  • Monthly Gross Income: 2157
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 5040
  • Total Finished Sq Ft: 3360
  • Above Grade Finished Sq Ft: 3360
  • Below Grade Sq Ft: 1680
  • Price Per Sq Ft: 61.31
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Mixed, Ceramic Tile, Vinyl Tile
  • Total Below Grade Sq Ft: 1680
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 5

Exterior Features

  • Exterior: Aluminum, Metal
  • Roof Material: Metal
  • Fence: Split-Rail
  • Water Features: Pier/Dock, Private Beach
  • Water Frontage: 100
  • Water Name: Shriner Lake
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking: Garage, Gravel, Lot, Off Street, Private

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electricity, Baseboard, Forced Air
  • Sewer: Public
  • Water Utilities: Well
  • Water Type: Lake
  • Annual Electric: 480
  • Annual Fuel Expense: 480
  • Annual Insurance Expense: 1100
  • Annual Maintenance Expense: 1200
  • Annual Trash Expense: 480
  • Annual Water Sewer Expense: 97
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Whitley CO Cons Schools
  • Elementary School: Northern Heights
  • Middle School: Indian Springs
  • High School: Columbia City
  • Elementary School: Northern Heights

Lot Info

  • Lot Description: Lake
  • Lot Dimensions: 90x291
  • Estimated Lot Sq Ft: 28750
  • Estimated Lot Size Acres: 0.66

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Maintenance, Snow Removal, Sewer, Trash Collection, Water Softener
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Tax Info

  • Exemptions: Homestead, Mortgage
  • Annual Property Tax: 1995

Multi Family

  • Gross Monthly Rent: 2157
  • Number Of Dryers: 2
  • Number Of Refrigerators: 5
  • Number Of Units: 4
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 3
  • Num Of Units Rented: 4

MLS Schools

  • High School: Columbia City
  • Middle School: Indian Springs
  • School District: Whitley CO Cons Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Dec 17, 2014
Sold by
William C Andreas
Bought by
Stonestreet Thomas M and Stonestreet Sue C
Seller's Agent
Brooks Langeloh
Orizon Real Estate, Inc.
Buyer's Agent
Steve Bartkus
CENTURY 21 Bradley Realty, Inc
List Price
$259,900
Sold Price
$206,000
Premium/Discount to List
-$53,900
-20.74%
Current Estimated Value
$475,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,824
Avg. Annual Appreciation
8.04%
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
Stonestreet Thomas M $206,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $206,000 -20.7% $61 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $259,900 -- $77 / 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 $4,528 $405,600 $90,700 $314,900
2023 $6,264 $383,300 $87,700 $295,600
2022 $5,357 $352,400 $81,800 $270,600
2021 $5,084 $296,000 $81,800 $214,200
2020 $4,581 $270,900 $81,800 $189,100
2019 $4,674 $270,100 $81,800 $188,300
2018 $4,601 $257,700 $82,300 $175,400
2017 $4,528 $249,800 $82,300 $167,500
2016 $4,184 $248,100 $82,300 $165,800
2014 $1,964 $249,500 $82,300 $167,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201443817

Indiana Regional MLS

APN: 92-03-12-000-325.000-011