$209,000
SOLD FEB 21, 2020
6 Beds
6 Baths
2,688 Sq Ft
0.31 Acres

Recently Sold

$78 Per Sq Ft

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Entrance Foyer
  • Landscaped
  • Summit Middle School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2022

Outstanding Investment Opportunity in Southwest Allen County Schools! Very few Duplexes Southwest & this is a wonderful opportunity! Both sides have been updated inside! New Landscaping outside too! Each side offers a spacious 1,344 sq ft Unit complete with 3 Bedrooms & 2.5 Bathrooms! Both units offer New Front Doors! Unit 5414 is currently Open! Maybe you want to live on one side & have the other side PAY FOR YOUR MORTGAGE! Or Rent both sides & have great POSITIVE CASH FLOW for YEARS TO COME! Big/open Dining Room & Kitchen area! All Appliances Included on both sides! Each unit comes with a Private, Detached 2-car Garage! This is a nice clean Duplex ready to MAKE YOU MONEY!

Last Agent to Sell the Property

Diane Moberg

Lighthouse Professional Realty Listed on: 01/27/2020

Last Buyer's Agent

Daniel Morken

Morken Real Estate Services, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x135
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Duplex
  • Planned Development
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Laundry in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street 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
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • 2 Units
  • Liberty Hills Subdivision

Building Details

  • Insurance Expense $950
  • Maintenance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,103

Year Built

Built in 1973

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Age: 47
  • Style: Two Story
  • 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 E 1/2 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, Water Heater Electric
  • Planned Unit Dev: Yes
  • Sp Lp Percent: 99.57
  • Monthly Gross Income: 1238
  • Year Taxes Payable: 2019/2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2688
  • Total Finished Sq Ft: 2688
  • Above Grade Finished Sq Ft: 2688
  • Price Per Sq Ft: 77.75
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Baseboard, Ceiling, Wall Heater
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 950
  • Annual Maintenance Expense: 1200
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 50
  • Association Fees Frequency: Annually

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: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Association Dues, Building Insurance, Maintenance, Sewer, Tax
  • Tenant Pays: Cable, Electric, Lawn Maintenance, Snow Removal, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2200
  • 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: 3103.06

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 Type Sale Price Title Company
Warranty Deed $298,900 Bauer Tyler A
Warranty Deed -- Bauer Tyler A
Quit Claim Deed -- Claxton Timothy L
Quit Claim Deed -- None Available
Quit Claim Deed -- Titan Title Services
Warranty Deed $208,477 Metropolitan Title
Warranty Deed $209,000 Metropolitan Title Of In Llc
Quit Claim Deed -- Lawyers Title
Warranty Deed -- Lawyers Title
Deed -- Columbia Land Title Co Inc
Warranty Deed -- Columbia Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 New Conventional
Previous Owner $156,750 New Conventional
Previous Owner $156,750 New Conventional
Previous Owner $108,400 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
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: 202003231

Indiana Regional MLS

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