NOT LISTED FOR SALE

Estimated Value: $231,000 - $339,520

6 Beds
6 Baths
2,787 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $298,900 $107 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,967/month

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Entrance Foyer
  • Summit Middle School Rated A-
  • 2 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of April 2022

HUGE INVESTMENT OPPORTUNITY! Southwest Allen County Schools. Minutes away from Coventry Plaza, Lutheran Hospital, and I-69. Each side offers 1,344 square feet with 3 Bedrooms and 2.5 Bathrooms. Updated interior and baths. Well-kept and maintained. All appliances included on both sides. 5612 is currently vacant- Live on one side and have the other side pay for your mortgage or rent out both sides and cash flow. Each unit comes with a private, detached 2-car garage. Built as a side-by-side duplex, units are a mirror image. Suitable for the owner-occupied market. Awesome investment opportunity. Don't miss out - schedule your showing today!

Last Agent to Sell the Property

Daniel Morken

Morken Real Estate Services, Inc. Listed on: 03/29/2022

Last Buyer's Agent

Adam Bower

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x135
  • Privacy Fence
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Schools

  • Haverhill Elementary School
  • Summit Middle School
  • Homestead High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, sewer, snow removal, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 02-11-22-477-005.000-075

Community Details

Overview

  • 2 Units
  • Liberty Hills Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,150
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Age: 49
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: N 95 of S 714 of W 140.4 Ft E1/2 SE 1/4 Sec 22
  • Parcel Number ID: 02-11-22-477-005.000-075
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Foyer Entry, Garage Door Opener, Landscaped, Patio Open, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Cross Street: Liberty Mills Rd
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2500
  • Restrictions Yn: Yes
  • Year Taxes Payable: 2021/2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2787
  • Total Finished Sq Ft: 2787
  • Above Grade Finished Sq Ft: 2787
  • Price Per Sq Ft: 107.25
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Main Level Sq Ft: 1414
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Fence: Privacy
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Off Street, Off Site

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Electricity, Baseboard, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1150
  • Annual Maintenance Expense: 1200
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Haverhill
  • Middle School: Summit
  • High School: Homestead
  • Elementary School: Haverhill

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x135
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2500
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 3258.1

MLS Schools

  • High School: Homestead
  • Middle School: Summit
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 14, 2022
Sold by
West Hills Llc
Bought by
Wk Indiana Equity Llc
Seller's Agent
Daniel Morken
Morken Real Estate Services, Inc.
Buyer's Agent
Adam Bower
CENTURY 21 Bradley Realty, Inc
List Price
$298,900
Sold Price
$298,900
Current Estimated Value
$306,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,480
Avg. Annual Appreciation
0.71%

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 8, 2022
Sold by
West Hills Llc
Bought by
Wk Indiana Equity Llc
Seller's Agent
Daniel Morken
Morken Real Estate Services, Inc.
Buyer's Agent
Adam Bower
CENTURY 21 Bradley Realty, Inc
List Price
$298,900
Sold Price
$298,900

Purchase Details

Listed on
Mar 29, 2022
Closed on
Mar 22, 2022
Sold by
Meiser Matthew J
Bought by
West Hills Llc
Seller's Agent
Daniel Morken
Morken Real Estate Services, Inc.
Buyer's Agent
Adam Bower
CENTURY 21 Bradley Realty, Inc
List Price
$298,900
Sold Price
$298,900

Purchase Details

Closed on
Mar 2, 2021
Sold by
West Hills Llc
Bought by
Meiser Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2020
Sold by
Meiser Matthew J
Bought by
West Hills Llc

Purchase Details

Listed on
Jan 27, 2020
Closed on
Mar 2, 2020
Sold by
Daystar Development Inc
Bought by
Meiser Matthew
Seller's Agent
Diane Moberg
Lighthouse Professional Realty
Buyer's Agent
Daniel Morken
Morken Real Estate Services, Inc.
List Price
$209,900
Sold Price
$209,000
Premium/Discount to List
-$900
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$156,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 21, 2020
Sold by
Daystar Development Inc
Bought by
Meiser Matthew
Seller's Agent
Diane Moberg
Lighthouse Professional Realty
Buyer's Agent
Daniel Morken
Morken Real Estate Services, Inc.
List Price
$209,900
Sold Price
$209,000
Premium/Discount to List
-$900
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Smits William L
Bought by
Daystar Development Inc

Purchase Details

Closed on
Mar 2, 2007
Sold by
Sterk Matthew T
Bought by
Smits William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2001
Sold by
Nikolaenko Nicholas
Bought by
Sterk Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Wk Indiana Equity Llc $298,900 Bauer Tyler A
Wk Indiana Equity Llc -- Bauer Tyler A
West Hills Llc -- Claxton Timothy L
Meiser Matthew J -- None Available
West Hills Llc -- Titan Title Services
Meiser Matthew $208,477 Metropolitan Title
Meiser Matthew $209,000 Metropolitan Title Of In Llc
Daystar Development Inc -- Lawyers Title
Smits William L -- Lawyers Title
Sterk Matthew T -- Columbia Land Title Co Inc
The Nicholas Nikolaenko Trust -- Columbia Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meiser Matthew J $60,000
Previous Owner Meiser Matthew $156,750
Previous Owner Meiser Matthew $156,750
Previous Owner Smits William L $108,400
Previous Owner Sterk Matthew T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $298,900 0.0% $107 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $298,900 +43.0% $107 / Sq Ft
02/21/2020 02/21/20 Sold $209,000 -0.4% $78 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $209,900 0.0% $78 / Sq Ft
06/25/2018 06/25/18 Rented $1,050 0.0% --
06/01/2018 06/01/18 Under Contract -- -- --
05/09/2018 05/09/18 Price Changed $1,050 -4.5% $1 / Sq Ft
04/12/2018 04/12/18 For Rent $1,100 -- --
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 $4,119 $178,700 $37,400 $141,300
2022 $3,221 $150,000 $22,000 $128,000
2021 $3,258 $155,800 $26,700 $129,100
2020 $3,166 $150,800 $26,700 $124,100
2019 $2,937 $139,500 $18,700 $120,800
2018 $3,103 $147,100 $18,700 $128,400
2017 $2,811 $132,800 $18,700 $114,100
2016 $2,707 $127,300 $18,700 $108,600
2014 $2,703 $127,400 $18,700 $108,700
2013 $2,602 $121,900 $18,700 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202210539

Indiana Regional MLS

APN: 02-11-22-477-005.000-075