NOT LISTED FOR SALE

616 E Franklin St Huntington, IN 46750

Estimated Value: $82,000 - $115,000

6 Beds
3 Baths
2,493 Sq Ft
$41/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $75,000 $30 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $656/month

5 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating System
  • Level Lot
  • Laundry in Utility Room
  • Ceiling Fan
  • Wood Siding

About This Home

As of July 2022

here we have a triplex for sale includes a 1 a 2 and a 3 bedroom apartment ... nice yard and 2 car garage .... 24 hr. notice.

Last Agent to Sell the Property

Carl Mygrant

Century 21 The Property Shoppe Listed on: 06/15/2022

Century 21 The Property Shoppe

Last Buyer's Agent

David Keating

Fort Wayne Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1868

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 152
  • Level Lot

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2,493 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Schools

  • Lincoln Elementary School
  • Crestview Middle School
  • Huntington North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for water
  • Assessor Parcel Number 35-05-14-200-214.500-005

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Fuel Expense $1,500
  • Insurance Expense $700
  • Maintenance Expense $1,000
  • Water Sewer Expense $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1868
  • Age: 154
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 014-02145-00 HITZFIELDS 1ST ADD LOT 31
  • Parcel Number ID: 35-05-14-200-214.500-005
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking
  • Sp Lp Percent: 101.49
  • Monthly Gross Income: 1613
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2493
  • Total Finished Sq Ft: 2493
  • Above Grade Finished Sq Ft: 2493
  • Price Per Sq Ft: 30.08
  • Basement Foundation: Crawl
  • Flooring: Mixed
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Wood
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1500
  • Annual Fuel Expense: 1500
  • Annual Insurance Expense: 700
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 4800
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Schools

  • School District: Huntington County Community
  • Elementary School: Lincoln
  • Middle School: Crestview
  • High School: Huntington North
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60 x 152
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Rental Info

  • Lease Term: 6 Months, 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Fuel

Multi Family

  • Gross Monthly Rent: 1613
  • Number Of Refrigerators: 1
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1300

MLS Schools

  • High School: Huntington North
  • Middle School: Crestview
  • School District: Huntington County Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 29, 2022
Sold by
Chelex Real Properties Llc
Bought by
Thompson Adam
Seller's Agent
Carl Mygrant
Century 21 The Property Shoppe
Buyer's Agent
David Keating
Fort Wayne Property Group, LLC
List Price
$73,900
Sold Price
$75,000
Premium/Discount to List
$1,100
1.49%
Current Estimated Value
$101,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,316
Avg. Annual Appreciation
22.53%
Original Mortgage
$56,250
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Marino Emmanuel A
Bought by
Hillabrand Jeri E

Purchase Details

Closed on
Nov 21, 2007
Sold by
Christiana Bank And Trust Co
Bought by
Marino Emmanuel A
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
Thompson Adam -- Meridian Title
Hillabrand Jeri E -- None Available
Marino Emmanuel A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Adam $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $75,000 +1.5% $30 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $73,900 -- $30 / 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 $1,432 $71,600 $9,500 $62,100
2023 $1,926 $96,300 $9,500 $86,800
2022 $1,580 $79,000 $9,500 $69,500
2021 $1,300 $65,000 $7,000 $58,000
2020 $1,222 $61,100 $7,000 $54,100
2019 $1,001 $50,000 $100 $49,900
2018 $1,001 $50,000 $100 $49,900
2017 $1,001 $50,000 $100 $49,900
2016 $901 $45,000 $100 $44,900
2014 $789 $39,400 $100 $39,300
2013 $789 $39,400 $100 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202223852

Indiana Regional MLS

APN: 35-05-14-200-214.500-005