NOT LISTED FOR SALE

616 Jersey St Bluffton, IN 46714

Estimated Value: $149,000 - $174,000

4 Beds
2 Baths
1,934 Sq Ft
$83/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $77,000 $40 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,160/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Bluffton High School Rated 9+
  • Laundry in Utility Room
  • Level Lot

About This Home

As of November 2016

*** Great Investment Property *** Affordable Duplex * Bluffton Schools * Both Units Are Currently Rented * Immediate Possession *

Last Agent to Sell the Property

Chandler Gerber

BKM Real Estate Listed on: 11/01/2016

Last Buyer's Agent

Chandler Gerber

BKM Real Estate Listed on: 11/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 55x153
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Bluffton Harrison Elementary And Middle School
  • Bluffton Harrison High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cooling, electric, fuel, heating, trash collection
  • The owner pays for building insurance, sewer, water
  • Assessor Parcel Number 90-08-04-514-017.000-004

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Maintenance Expense $500
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 116
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WINTERVILLE ADD LOT 9 4-K 616 S JERSEY |
  • Parcel Number ID: 90-08-04-514-017.000-004
  • Platted: Yes
  • Amenities: Off Street Parking, Countertops-Laminate
  • Cross Street: Wiley
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1000
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 1934
  • Total Finished Sq Ft: 1934
  • Above Grade Finished Sq Ft: 1934
  • Price Per Sq Ft: 39.81
  • Basement Foundation: Crawl
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Wood
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1000
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: MSD of Bluffton Harrison
  • Elementary School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • High School: Bluffton Harrison
  • Elementary School: Bluffton Harrison

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55x153
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1100

MLS Schools

  • High School: Bluffton Harrison
  • Middle School: Bluffton Harrison
  • School District: MSD of Bluffton Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2014
Sold by
Kaehr Preston D and Kaehr Wendy M
Bought by
Gerber Nathan L
Current Estimated Value
$173,882

Purchase Details

Closed on
Oct 23, 1998
Sold by
Mcbride Darlene Trustee
Bought by
Dubach Michael D and Dubach Linda K
Source: Public Records

Range of Values:

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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
Gerber Nathan L -- None Available
Dubach Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcg Capital Llc $108,000
Previous Owner Kaehr Preston D $71,069
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $77,000 0.0% $40 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $77,000 -- $40 / 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 $2,499 $138,500 $19,200 $119,300
2023 $2,294 $122,400 $18,400 $104,000
2022 $1,619 $94,200 $9,900 $84,300
2021 $1,406 $83,100 $9,700 $73,400
2020 $1,250 $83,100 $9,000 $74,100
2019 $1,270 $75,700 $8,500 $67,200
2018 $1,264 $75,700 $9,200 $66,500
2017 $1,041 $72,000 $8,800 $63,200
2016 $1,116 $70,100 $9,400 $60,700
2014 $1,070 $64,000 $8,600 $55,400
2013 $964 $85,900 $8,400 $77,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201650034

Indiana Regional MLS

APN: 90-08-04-514-017.000-004