NOT LISTED FOR SALE

616 Trail Ridge Rd Unit 12 Albion, IN 46701

Estimated Value: $255,765 - $312,000

24 Beds
12 Baths
4,312 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $935,000 $217 Per Sq Ft

Current estimated payment $1,928/month

1 Day on Market

Highlights

  • 3.36 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of June 2022

Sale includes 12 units and 2 vacant lots.

Last Agent to Sell the Property

Trey Forbes

Weichert Realtors - Hoosier Heartland Listed on: 05/05/2022

Last Buyer's Agent

Trey Forbes

Weichert Realtors - Hoosier Heartland Listed on: 05/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,988

Year Built

  • Built in 2006

Lot Details

  • 3.36 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4,312 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Albion Elementary School
  • Central Noble Middle School
  • Central Noble High School

Utilities

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

Community Details

  • 12 Units
  • The Meadows Of North Ridge Village Subdivision

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, water
  • The owner pays for building insurance, lawn maintenance, maintenance, snow removal
  • Assessor Parcel Number 57-13-18-100-005.000-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,988

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2006
  • Style: One Story
  • Bedrooms: 24
  • Number Above Grade Bedrooms: 24
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: The Meadow of North Ridge Village Lot 5 (apartment duplex on Trail Ridge Rd)
  • Parcel Number ID: 57-13-18-100-005.000-001
  • Platted: Yes
  • Amenities: Porch Covered
  • Sp Lp Percent: 100
  • Monthly Gross Income: 7200
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 4312
  • Total Finished Sq Ft: 4312
  • Above Grade Finished Sq Ft: 4312
  • Price Per Sq Ft: 216.84
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Number Of Ranges Ovens: 12

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 12

Schools

  • School District: Central Noble Community
  • Elementary School: Albion
  • Middle School: Central Noble
  • High School: Central Noble
  • Elementary School: Albion

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Estimated Lot Sq Ft: 146144
  • Estimated Lot Size Acres: 3.355

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Snow Removal
  • Tenant Pays: Electric, Fuel, Sewer, Water

Multi Family

  • Gross Monthly Rent: 600
  • Number Of Dishwashers: 12
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Num Of2 Bedrooms: 12
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 16988

MLS Schools

  • High School: Central Noble
  • Middle School: Central Noble
  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 30, 2022
Sold by
Grate Jeffrey L Trustee
Bought by
Trail Ridge Properties Llc
Seller's Agent
Trey Forbes
Weichert Realtors - Hoosier Heartland
Buyer's Agent
Trey Forbes
Weichert Realtors - Hoosier Heartland
List Price
$935,000
Sold Price
$935,000
Current Estimated Value
$285,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$649,412
Avg. Annual Appreciation
-30.50%

Purchase Details

Closed on
Jan 31, 2020
Sold by
Ide Properties Llc
Bought by
Jg23 Llc 401K Trust
Source: Public Records

Range of Values:

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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
Trail Ridge Properties Llc $850,000 Assurance Title Company Llc
Jg23 Llc 401K Trust -- Assurance Title Svc Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $935,000 0.0% $217 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $935,000 -- $217 / 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 $4,964 $248,200 $18,800 $229,400
2023 $4,989 $224,900 $27,700 $197,200
2022 $4,266 $213,300 $27,700 $185,600
2021 $4,378 $218,900 $27,700 $191,200
2020 $4,038 $199,400 $25,000 $174,400
2019 $4,032 $199,100 $22,700 $176,400
2018 $4,032 $199,100 $22,700 $176,400
2017 $4,168 $205,900 $22,700 $183,200
2016 $4,168 $205,900 $22,700 $183,200
2014 $3,502 $175,100 $22,700 $152,400
Source: Public Records

Agents Affiliated with this Home

  • Trey Forbes

    Seller's Agent in 2022

    Trey Forbes

    Weichert Realtors - Hoosier Heartland

    (260) 318-0929

    22 in this area

    201 Total Sales

    Trey Forbes
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Map

Source: Indiana Regional MLS

MLS Number: 202226640

Indiana Regional MLS

APN: 571318400023000002

Indiana Noble County Albion 46701

616 Trail Ridge Rd Unit 12, Albion, IN

This home is located at 616 Trail Ridge Rd Unit 12, Albion, IN 46701 since 05 May 2022 and is currently estimated at $285,588, approximately $66 per square foot. This property was built in 2006. 616 Trail Ridge Rd Unit 12 is a home located in Noble County with nearby schools including Central Noble Jr. - Sr. 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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