Seller's Agent in 2020
Josh Rosenogle
Orizon Real Estate, Inc.
(260) 625-3765
13 in this area
130 Total Sales
640 Trail Ridge Rd Albion, IN 46701
Estimated Value: $222,000
8
Beds
4
Baths
4,312
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- 0.89 Acre Lot
- Cul-De-Sac
- Laundry closet
- Covered patio or porch
- 1 Car Attached Garage
- Landscaped
About This Home
As of January 2020Amazing investment opportunity with 2 duplex units located on the same parcel of land. These units were built in 2005 and have been well maintained. Each of the 4 units have been continuously rented with long term renters. This is a 55 yrs and older community housing. Each tenant pays their own utilities. 4 other duplex units are available for purchase in the North Ridge subdivision. Make this a package deal for a total of 12 units! There is also an additional 2 vacant lots that are available for purchase and suited for 4 more duplex units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,218
Year Built
- Built in 2005
Lot Details
- 0.89 Acre Lot
- Cul-De-Sac
- Landscaped
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Carpet
- Fire and Smoke Detector
- Laundry closet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Schools
- Albion Elementary School
- Central Noble Middle School
- Central Noble High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Covered patio or porch
- Suburban Location
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 57-13-18-400-020.000-002
Community Details
Overview
- 4 Units
- The Meadows Of North Ridge Village Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2019
Closed on
Jan 31, 2020
Sold by
Ide Properties Llc
Bought by
Grate Jeffrey L Te
Seller's Agent
Josh Rosenogle
Orizon Real Estate, Inc.
Buyer's Agent
Trey Forbes
Weichert Realtors - Hoosier Heartland
List Price
$220,000
Sold Price
$208,333
Premium/Discount to List
-$11,667
-5.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,667
Purchase Details
Closed on
Aug 31, 2009
Sold by
Parent J R
Bought by
Ide Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grate Jeffrey L Te | -- | Assurance Title Svc Inc | |
| Ide Properties Llc | $750,000 | First American Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $208,333 | -5.3% | $48 / Sq Ft |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- |
| 10/25/2019 10/25/19 | For Sale | $220,000 | -- | $51 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2020 | $4,076 | $263,000 | $26,600 | $236,400 |
| 2019 | -- | $201,300 | $24,100 | $177,200 |
| 2018 | -- | $203,300 | $24,100 | $179,200 |
| 2017 | -- | $202,500 | $24,100 | $178,400 |
| 2016 | -- | $202,900 | $24,100 | $178,800 |
| 2014 | -- | $172,500 | $24,100 | $148,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Trey Forbes
Weichert Realtors - Hoosier Heartland
(260) 318-0929
24 in this area
215 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 201947202
APN: 571318400020000002
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