NOT LISTED FOR SALE

601 S Cedar St Auburn, IN 46706

Estimated Value: $166,000 - $206,000

4 Beds
4 Baths
1,584 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $70,000 $44 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,151/month

7 Days on Market

Highlights

  • Covered Patio or Porch
  • Level Lot
  • Carpet
  • Forced Air Heating System
  • Wood Siding

About This Home

As of November 2018

NOW IS YOUR TIME TO MAKE SOME MONEY WITH THIS 4-PLEX THAT IS CURRENTLY FULLY RENTED. THIS PROPERTY'S EXTERIOR HAS JUST BEEN FRESHLY PAINTED (FALL 2018) AND IT HAS A NEWER ROOF. 4-ONE-BEDROOM APARTMENTS WITH A MONTHLY INCOME OF $1425 OR ANNUAL INCOME OF $17,100. COULD MAKE FOR A GOOD EXTRA STREAM OF CASH! HAS A DETACHED GARAGE FOR STORAGE.

Last Agent to Sell the Property

David Stafford

Indiana Real Estate Listed on: 10/29/2018

Last Buyer's Agent

Dianna Hans

Freedom First Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 66x78
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, trash collection
  • The owner pays for heating, sewer, water
  • Assessor Parcel Number 17-06-32-137-007.000-025

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $380
  • Fuel Expense $761
  • Insurance Expense $1,600
  • Maintenance Expense $700
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: OPEXW62' |
  • Parcel Number ID: 17-06-32-137-007.000-025
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2376
  • Total Finished Sq Ft: 1584
  • Above Grade Finished Sq Ft: 1584
  • Below Grade Sq Ft: 792
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 380
  • Annual Fuel Expense: 761
  • Annual Insurance Expense: 1600
  • Annual Maintenance Expense: 700
  • Annual Water Sewer Expense: 960
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Water Meters: 1

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66X78
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Sewer, Water
  • Tenant Pays: Electric, Trash Collection

Tax Info

  • Annual Property Tax: 1445.76

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 15, 2018
Sold by
Auburn Specialty Investments Llc
Bought by
Lewis Chad M
Seller's Agent
David Stafford
Indiana Real Estate
Buyer's Agent
Dianna Hans
Freedom First Real Estate, LLC
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$190,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,785
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Jeanne Brand
Bought by
Heck Steven A and Heck Carolyn S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lewis Chad M -- None Available
Heck Steven A $78,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $70,000 -6.5% $44 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $74,900 -- $47 / 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 $1,798 $107,900 $21,300 $86,600
2023 $1,750 $101,800 $19,900 $81,900
2022 $1,599 $91,400 $17,500 $73,900
2021 $1,695 $92,400 $15,000 $77,400
2020 $1,393 $77,000 $13,700 $63,300
2019 $1,426 $77,000 $13,700 $63,300
2018 $1,351 $69,800 $13,700 $56,100
2017 $1,446 $73,300 $13,700 $59,600
2016 $1,426 $71,000 $13,700 $57,300
2014 $1,410 $70,500 $13,700 $56,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Stafford

    Indiana Real Estate

    Section Image

  • D

    Buyer's Agent in 2018

    Dianna Hans

    Freedom First Real Estate, LLC

    (260) 318-2334

    1 in this area

    22 Total Sales

    Dianna Hans
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201848344

Indiana Regional MLS

APN: 17-06-32-137-007.000-025

Indiana Dekalb County Auburn 46706

601 S Cedar St, Auburn, IN

Not Listed for Sale

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Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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