NOT LISTED FOR SALE

6270 County Road 427 Auburn, IN 46706

Estimated Value: $184,000 - $438,000

12 Beds
8 Baths
5,024 Sq Ft
$66/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $395,000 $79 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,143/month

80 Days on Market

Highlights

  • Lake, Pond or Stream
  • Laundry in Utility Room
  • Privacy Fence
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of July 2017

Investor Special! Two identical duplexes bought separately are listed at 209,900. Included in this list price a vacant lot (parcel # 170924200012000001) on sewer grinder pump system ready and waiting for improvements 29,900. Three properties can be bought separately or all together. 3 bedrooms and 2 full baths in each unit. All units have been well kept on routine maintenance schedules. All have the same floor plan. 4 propane tanks are rented and water softeners are leased. Brand new range and microwave in all units among many other improvements. One well per property shared between the units. Large lots and a shared pond between the county road 62 property and the vacant lot. Many options here. One unit is vacant for that owner occupant buyer to move in and manage one or all 3 others. Insurance is $1000 annually per duplex.

Last Agent to Sell the Property

Justin Walborn

Mike Thomas Assoc., Inc Listed on: 03/17/2017

Mike Thomas Assoc., Inc

Co-Listed By

Jeff Walborn

Mike Thomas Assoc., Inc

Last Buyer's Agent

Regi Miller

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,811

Year Built

  • Built in 2005

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 535 x 300
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,024 Sq Ft Home
  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Lake, Pond or Stream

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Shared Well
  • Well

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, sewer, trash collection
  • The owner pays for building insurance, tax, water softener
  • Assessor Parcel Number 17-09-24-200-016.000-001

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Amstutz Acres Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Water Sewer Expense $2,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2005
  • Age: 12
  • Style: One Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: Amstutz Acres Lots 2, 3, and 4. |
  • Parcel Number ID: 17-09-24-200-016.000-001
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: County Road 427
  • Parcel Id2: 170924200017000001
  • Sp Lp Percent: 91.88
  • Monthly Gross Income: 2450
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 5024
  • Total Finished Sq Ft: 5024
  • Above Grade Finished Sq Ft: 5024
  • Price Per Sq Ft: 78.62
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 4
  • Number Of Microwaves: 4
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Fence: Privacy, Wood
  • Stories: 1

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 8
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Public
  • Water Utilities: Private, Well
  • Water Type: Pond
  • Well Type: Shared
  • Annual Insurance Expense: 2000
  • Annual Water Sewer Expense: 2520
  • Number Electric Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 535 x 300
  • Estimated Lot Sq Ft: 152460
  • Estimated Lot Size Acres: 3.5

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2450
  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 5810.88

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jul 26, 2017
Sold by
Hickman Earl G and Hickman Linda C
Bought by
Potter Roy F
Seller's Agent
Justin Walborn
Mike Thomas Assoc., Inc
Buyer's Agent
Regi Miller
Mike Thomas Assoc., Inc
List Price
$429,900
Sold Price
$395,000
Premium/Discount to List
-$34,900
-8.12%
Current Estimated Value
$329,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,377
Avg. Annual Appreciation
-2.69%
Original Mortgage
$304,000
Outstanding Balance
$214,350
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$102,423

Purchase Details

Closed on
Aug 28, 2009
Sold by
Thomas Jeffery M
Bought by
Hickman Linda C
Source: Public Records

Range of Values:

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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
Potter Roy F -- Trademark Title
Hickman Linda C $182,000 Commonwealth/Dreibelbiss Tit
Hickman Earl G -- Commonwealth Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Roy F $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $395,000 -8.1% $79 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $429,900 -- $86 / 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 $4,166 $341,600 $41,000 $300,600
2023 $4,219 $334,900 $39,000 $295,900
2022 $3,929 $298,800 $33,500 $265,300
2021 $3,380 $257,700 $31,100 $226,600
2020 $3,199 $245,400 $23,600 $221,800
2019 $3,195 $248,000 $23,600 $224,400
2018 $3,057 $223,700 $24,500 $199,200
2017 $3,050 $217,200 $24,500 $192,700
2016 $2,913 $205,100 $24,500 $180,600
2014 $2,749 $188,200 $24,500 $163,700
Source: Public Records

Agents Affiliated with this Home

  • Justin Walborn

    Seller's Agent in 2017

    Justin Walborn

    Mike Thomas Assoc., Inc

    (260) 413-9105

    276 Total Sales

    Justin Walborn
    Section Image
  • Jeff Walborn

    Seller Co-Listing Agent in 2017

    Jeff Walborn

    Mike Thomas Assoc., Inc

    (260) 414-6644

    224 Total Sales

    Jeff Walborn
    Section Image
  • Regi Miller

    Buyer's Agent in 2017

    Regi Miller

    Mike Thomas Assoc., Inc

    (260) 246-0982

    84 Total Sales

    Regi Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201710888

Indiana Regional MLS

APN: 17-09-24-200-016.000-001

Indiana Dekalb County Auburn 46706

6270 County Road 427, Auburn, IN

This home is located at 6270 County Road 427, Auburn, IN 46706 since 17 March 2017 and is currently estimated at $329,623, approximately $65 per square foot. This property was built in 2005. 6270 County Road 427 is a home located in DeKalb County with nearby schools including J.E. Ober Elementary School, Garrett Middle School, and Garrett 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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