NOT LISTED FOR SALE

603 E Walnut St Akron, IN 46910

Estimated Value: $168,000 - $208,000

4 Beds
2 Baths
1,680 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $68,900 $41 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,133/month

356 Days on Market

Highlights

  • Traditional Architecture
  • ADA Inside
  • 1 Car Garage
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of December 2016

Income opportunity! Great in town convenient location. Building is 1680 sq. ft. and handicap accessible. EACH unit has 2 bedrooms and 1 bathroom and includes a washer and dryer in each suite! Each suite is 840 sq. ft and has a carport, individual 4’ x 8’ storage sheds, and have sliding doors that open to a joint 6’ x 60’ covered patio. There is 200 amp service in each suite and both have separate metering for gas and electric as well as ADA bathrooms with grab bars.

Last Agent to Sell the Property

Heather Deal

H Team Dream Homes Listed on: 11/12/2015

Co-Listed By

Eric Hamman

Century 21 Bradley Realty Inc.

Last Buyer's Agent

Justin Helt

HELT REALTY, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 9,409 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Laundry in Bathroom

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Garage
  • Carport
  • Off-Street Parking

Schools

  • Akron Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • ADA Inside
  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, heating, trash collection, water
  • The owner pays for building insurance, lawn maintenance, snow removal, tax
  • Assessor Parcel Number 25-08-24-236-002.020-003

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $500
  • Insurance Expense $799
  • Maintenance Expense $200

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1992
  • Age: 24
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 15 Anna Whittenbergers Add |
  • Parcel Number ID: 25-08-24-236-002.020-003
  • Platted: Yes
  • Amenities: ADA Features, Off Street Parking, Storage, Porch Covered
  • Grid: 100 Fulton Co.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.57
  • Annual Miscellaneous: 1040
  • Monthly Gross Income: 1140
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Price Per Sq Ft: 41.01
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Paved

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 500
  • Annual Insurance Expense: 799
  • Annual Maintenance Expense: 200
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Akron
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Akron

Lot Info

  • Lot Description: Level
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 9409
  • Estimated Lot Size Acres: 0.216
  • Lot Number: 15

Rental Info

  • Lease Term: 1 Year, Renewal Options
  • Owner Pays: Building Insurance, Lawn Maintenance, Snow Removal, Tax
  • Tenant Pays: Cable, Cooling, Deposit Value, Electric, Heating, Trash Collection, Water

Tax Info

  • Total Assessed Value: 87700
  • Annual Property Tax: 1754

Multi Family

  • Gross Monthly Rent: 1140
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 16, 2016
Sold by
Chrisopther R Reese
Bought by
George Ii Reed and Pam Reed
Seller's Agent
Heather Deal
H Team Dream Homes
Buyer's Agent
Justin Helt
HELT REALTY, INC.
List Price
$89,900
Sold Price
$68,900
Premium/Discount to List
-$21,000
-23.36%
Current Estimated Value
$185,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,831
Avg. Annual Appreciation
8.99%
Source: Public Records

Range of Values:

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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
George Ii Reed $68,900 Bodkin Abstract Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $68,900 -23.4% $41 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $89,900 -- $54 / 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 $1,475 $140,100 $8,900 $131,200
2023 $1,658 $128,700 $8,900 $119,800
2022 $1,813 $139,300 $6,200 $133,100
2021 $1,442 $108,500 $6,200 $102,300
2020 $1,348 $99,200 $6,200 $93,000
2019 $1,281 $95,300 $6,200 $89,100
2018 $672 $87,900 $5,900 $82,000
2017 $638 $89,000 $5,900 $83,100
2016 $645 $89,000 $5,900 $83,100
2014 $1,754 $87,700 $5,900 $81,800
2013 $1,754 $85,800 $5,900 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201553598

Indiana Regional MLS

APN: 25-08-24-236-002.020-003