NOT LISTED FOR SALE

702 N Cedar St Auburn, IN 46706

Estimated Value: $164,000 - $226,081

4 Beds
2 Baths
1,984 Sq Ft
$100/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $120,000 $60 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,357/month

277 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Forced Air Heating System
  • Corner Lot
  • 1 Car Detached Garage
  • 2-minute walk to Auburn Dog Park

About This Home

As of May 2017

Meticulously Maintained Duplex. Both Units currently rented. Each unit features 2 bedrooms and a full bath and kitchen. Lower level maintains the yard and has access to the 1 car detached garage. Separate entrances for each unit. New roof 2014. 2010 Separate furnaces, water heaters and water lines for both units. Landlord pays the electric. New carpet and paint both units. Nothing to do but buy this property and make money

Last Agent to Sell the Property

Anne Thomas

Mike Thomas Associates, Inc. Listed on: 06/25/2016

Mike Thomas Associates, Inc.

Last Buyer's Agent

Jeff Smith

Anchor Realty & Auction Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1900

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 40x122
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Laundry in Bathroom

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • On-Street Parking

Schools

  • J.R. Watson Elementary School
  • Dekalb Central Middle School
  • Dekalb Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, fuel, heating, lawn maintenance, snow removal, sewer, trash collection, water
  • The owner pays for building insurance, electric, tax
  • Assessor Parcel Number 17-06-29-340-010.000-025

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $900
  • Insurance Expense $1,799
  • Maintenance Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: H & M Sub Div Lot 1 |
  • Parcel Number ID: 17-06-29-340-010.000-025
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Countertops-Laminate, Deck Open, Porch Covered, Water Heater Gas
  • Cross Street: 1st
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Surface: Paved
  • Section Number: 6
  • Sp Lp Percent: 93.39
  • Monthly Gross Income: 1225
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2976
  • Total Finished Sq Ft: 1984
  • Above Grade Finished Sq Ft: 1984
  • Below Grade Sq Ft: 992
  • Price Per Sq Ft: 60.48
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 992
  • Total Below Grade Sq Ft: 992
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 1
  • Parking: Garage, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Insurance Expense: 1799
  • Annual Maintenance Expense: 3000
  • Number Electric Meters: 1
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Schools

  • School District: Dekalb Central United
  • Elementary School: J.R. Watson
  • Middle School: Dekalb Central
  • High School: Dekalb Central
  • Elementary School: J.R. Watson

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 40x122
  • Estimated Lot Sq Ft: 4879
  • Estimated Lot Size Acres: 0.112
  • Lot Number: 1

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Electric, Tax
  • Tenant Pays: Cable, Fuel, Heating, Lawn Maintenance, Snow Removal, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1250
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1625

MLS Schools

  • High School: Dekalb Central
  • Middle School: Dekalb Central
  • School District: Dekalb Central United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Rupp Jonathan Andrew and Rupp Rebecca Lea
Bought by
Jonathan A Rupp And Rebecca L Rupp Living Tru and Rupp
Current Estimated Value
$198,770

Purchase Details

Listed on
Jun 25, 2016
Closed on
May 19, 2017
Sold by
Pierce Paul and Pierce Amy
Bought by
Rupp Jonathan Andrew and Rupp Rebecca Lea
Seller's Agent
Anne Thomas
Mike Thomas Associates, Inc.
Buyer's Agent
Jeff Smith
Anchor Realty & Auction Inc
List Price
$128,500
Sold Price
$120,000
Premium/Discount to List
-$8,500
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$90,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Werst Ricky U and West Trenda Mae
Bought by
Pierce Paul and Pierce Amy

Purchase Details

Closed on
Dec 4, 1997
Sold by
Elwell Laurene L
Bought by
Werst Ricky and Werst Trenda M
Source: Public Records

Range of Values:

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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
Jonathan A Rupp And Rebecca L Rupp Living Tru -- None Listed On Document
Rupp Jonathan Andrew -- None Available
Rupp Jonathan Andrew -- None Available
Pierce Paul -- None Available
Werst Ricky $33,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rupp Jonathan Andrew $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $120,000 -6.6% $60 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
06/25/2016 06/25/16 For Sale $128,500 -- $65 / 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 $3,283 $197,700 $12,900 $184,800
2023 $3,186 $185,600 $12,000 $173,600
2022 $2,988 $170,800 $10,800 $160,000
2021 $2,527 $137,700 $10,400 $127,300
2020 $2,566 $142,100 $10,400 $131,700
2019 $2,112 $114,200 $10,400 $103,800
2018 $1,993 $103,100 $10,400 $92,700
2017 $1,960 $99,500 $10,400 $89,100
2016 $1,870 $93,200 $10,400 $82,800
2014 $1,702 $85,100 $10,400 $74,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201629420

Indiana Regional MLS

APN: 17-06-29-340-010.000-025