NOT LISTED FOR SALE

610 W Cherry St Bluffton, IN 46714

Estimated Value: $111,000 - $168,000

4 Beds
2 Baths
2,062 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $156,000 $76 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $900/month

208 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Level Lot
  • Bluffton High School Rated 9+
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of February 2023

1% rule investment opportunity in Bluffton! Each of the two units have 2 bedrooms and 1 full bathroom in this up/down duplex with over 2,000sqft total. There is a covered front porch, vinyl windows, street parking, a walk-out balcony upstairs, and an unfinished basement. Recent updates include a new furnace upstairs, new LVP flooring and carpet upstairs, new carpet in 2021 for main level unit, vinyl siding in 2010, and pex plumbing 2017. The main level until is currently rented at $750/month (month-to-month) and the upstairs unit is rented on a 1 year lease at $820/month! Gas and electricity bills are paid directly by each resident while water, sewer, and trash are billed to the landlord then split between the tenants to reimburse the landlord. There is a separate furnace and water heater for each unit and washer and dryer hookups are available in each unit.

Last Agent to Sell the Property

Warren Barnes

North Eastern Group Realty Listed on: 05/27/2022

North Eastern Group Realty

Last Buyer's Agent

Jess Bendele

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1900

Lot Details

  • 6,795 Sq Ft Lot
  • Lot Dimensions are 45x151
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Ossian Elementary School
  • Norwell Middle School
  • Norwell High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for tax
  • Assessor Parcel Number 90-08-04-529-036.000-004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Townley West W 40' 39 4-F
  • Parcel Number ID: 90-08-04-529-036.000-004
  • Platted: Yes
  • Amenities: Balcony, Countertops-Laminate, Porch Covered
  • Sp Lp Percent: 97.56
  • Monthly Gross Income: 1550
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3012
  • Total Finished Sq Ft: 2062
  • Above Grade Finished Sq Ft: 2062
  • Below Grade Sq Ft: 950
  • Price Per Sq Ft: 75.65
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 950
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1036
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Northern Wells Community
  • Elementary School: Ossian
  • Middle School: Norwell
  • High School: Norwell
  • Elementary School: Ossian

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x151
  • Estimated Lot Sq Ft: 6795
  • Estimated Lot Size Acres: 0.156

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 1550
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1330.18

MLS Schools

  • High School: Norwell
  • Middle School: Norwell
  • School District: Northern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Feb 23, 2023
Sold by
Wgb Properties Llc
Bought by
Louis Nanotte F
Seller's Agent
Warren Barnes
North Eastern Group Realty
Buyer's Agent
Jess Bendele
CENTURY 21 Bradley Realty, Inc
List Price
$169,900
Sold Price
$156,000
Premium/Discount to List
-$13,900
-8.18%
Total Days on Market
208
Views
148
Current Estimated Value
$137,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,242
Avg. Annual Appreciation
-5.33%
Original Mortgage
$124,800
Outstanding Balance
$121,589
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$16,169

Purchase Details

Closed on
Feb 24, 2009
Sold by
Berghoff William G
Bought by
Wgb Properties Llc
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
Louis Nanotte F $156,000 Metropolitan Title
Wgb Properties Llc -- Haller 7 Colvin Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis Nanotte F $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $156,000 -2.4% $76 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $159,900 -3.0% $78 / Sq Ft
06/28/2022 06/28/22 Price Changed $164,900 -2.9% $80 / Sq Ft
05/27/2022 05/27/22 For Sale $169,900 -- $82 / 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 $1,527 $195,400 $16,700 $178,700
2023 $411 $88,100 $8,200 $79,900
2022 $1,351 $78,600 $4,900 $73,700
2021 $1,330 $78,600 $5,500 $73,100
2020 $1,182 $78,600 $4,900 $73,700
2019 $1,319 $78,600 $5,100 $73,500
2018 $15,334 $119,000 $7,900 $111,100
2017 $11,769 $118,500 $7,900 $110,600
2016 $1,797 $112,900 $7,600 $105,300
2014 $1,697 $101,500 $7,000 $94,500
2013 $588 $38,200 $6,800 $31,400
Source: Public Records

Agents Affiliated with this Home

  • Warren Barnes

    Seller's Agent in 2023

    Warren Barnes

    North Eastern Group Realty

    (260) 438-5639

    4 in this area

    375 Total Sales

    Warren Barnes
    Section Image
  • Jess Bendele

    Buyer's Agent in 2023

    Jess Bendele

    CENTURY 21 Bradley Realty, Inc

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202220618

Indiana Regional MLS

APN: 90-08-04-529-036.000-004

Indiana Wells County Bluffton 46714

610 W Cherry St, Bluffton, IN

This home is located at 610 W Cherry St, Bluffton, IN 46714 since 27 May 2022 and is currently estimated at $137,758, approximately $66 per square foot. This property was built in 1900. 610 W Cherry St is a home located in Wells County with nearby schools including Bluffton-Harrison Elementary School, Bluffton-Harrison Middle School, and Bluffton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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