NOT LISTED FOR SALE

Estimated Value: $176,000 - $236,000

4 Beds
4 Baths
2,240 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $138,000 $62 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,465/month

50 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Patio
  • Solid Surface Countertops
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2015

2-story duplex. 1.100 sq ft, 2 br, 1 1/2 baths, full basement, attached garage each side. Concord Schools! Owner has had 100% occupancy since 1984. Positive cash flow stats available upon request. Excellent condition. Many appliances included.

Last Agent to Sell the Property

Don Deshano

Cressy & Everett - South Bend Listed on: 02/27/2015

Last Buyer's Agent

Don Deshano

Cressy & Everett - South Bend Listed on: 02/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1979

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 139 x 117

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Concord South Side Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating, lawn maintenance, snow removal, trash collection
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 20-06-27-101-011.000-009

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $789
  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Age: 36
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Clayton Manor, 2nd, Lot 295 |
  • Parcel Number ID: 20-06-27-101-011.000-009
  • Platted: Yes
  • Amenities: Basement, Cable Available, Countertops-Solid Surf, Eat-In Kitchen, Garage Door Opener, Patio Open, Water Heater Gas, Water Softener-Owned, Sump Pump, Washer Hook-Up
  • Grid: Elkhart
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92
  • Monthly Gross Income: 700
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 3360
  • Total Finished Sq Ft: 2240
  • Above Grade Finished Sq Ft: 2240
  • Below Grade Sq Ft: 1120
  • Price Per Sq Ft: 61.61
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 1120
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Annual Insurance Expense: 789
  • Annual Maintenance Expense: 500
  • Number Of W D Hookups: 2

Schools

  • School District: Concord Community Schools
  • Elementary School: Concord South Side
  • Middle School: Concord
  • High School: Concord
  • Elementary School: Concord South Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 139 x 117
  • Estimated Lot Sq Ft: 16117
  • Estimated Lot Size Acres: 0.37

Rental Info

  • Lease Term: Month to Month, Negotiable
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cable, Cooling, Electric, Heating, Lawn Maintenance, Snow Removal, Trash Collection

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2267

MLS Schools

  • High School: Concord
  • Middle School: Concord
  • School District: Concord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Yang Celia W
Bought by
Koontz Tim and Koontz Sarah
Current Estimated Value
$218,817

Purchase Details

Closed on
Feb 28, 2020
Sold by
Yang Celia W
Bought by
Koontz Tim and Koontz Sarah

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 26, 2015
Sold by
Bobay Donald L and Bobay Maureen R
Bought by
Yang Celia W
Seller's Agent
Don Deshano
Cressy & Everett - South Bend
Buyer's Agent
Don Deshano
Cressy & Everett - South Bend
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$100,000
Interest Rate
2.91%
Mortgage Type
New Conventional
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
Koontz Tim -- None Listed On Document
Koontz Tim -- None Listed On Document
Yang Celia W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koontz Tim $140,000
Previous Owner Yang Celia W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $138,000 -8.0% $62 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $150,000 -- $67 / 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 $3,068 $159,300 -- $159,300
2022 $3,068 $168,500 $15,600 $152,900
2021 $3,133 $155,900 $15,600 $140,300
2020 $3,718 $155,900 $15,600 $140,300
2019 $2,674 $111,300 $9,800 $101,500
2018 $2,377 $98,700 $9,800 $88,900
2017 $2,389 $98,700 $9,800 $88,900
2016 $2,389 $98,700 $15,600 $83,100
2014 $2,249 $95,100 $9,800 $85,300
2013 -- $112,600 $15,600 $97,000
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 201507485

Indiana Regional MLS

APN: 20-06-27-101-011.000-009