NOT LISTED FOR SALE

706 N 2nd St Decatur, IN 46733

12 Beds
12 Baths
13,194 Sq Ft
0.98 Acres

Last Sold September 15, 2016

Last sale price $405,000 $31 Per Sq Ft

117 Days on Market

Highlights

  • Home Security System
  • Forced Air Heating and Cooling System
  • Level Lot
  • Bellmont High School Rated A-
  • Ceiling Fan
  • Community Storage Space

About This Home

As of September 2016

12 Unit Apartment for sale 10-2 bedrooms and 2-1 Bedroom. 5 Units comes with Garages and 4 with covered carport. Designated Parking. Stove and Refrigerators provided with Wash rooms on each unit. ALL UNITS CURRENTLY RENTED !! SELLER HAS DONE OVER 71,000 OF IMPROVEMENTS ON FILE!

Last Agent to Sell the Property

Vickie Harvey

Harvey and Associates Realty LLC Listed on: 04/06/2016

Last Buyer's Agent

Chandler Gerber

BKM Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,164

Year Built

  • Built in 1979

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 120 x 355
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Carpet
  • 6 Bathrooms in Basement
  • Home Security System

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Parking

  • 16 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Northwest Elementary School
  • Bellmont Middle School
  • Bellmont High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, fuel, heating
  • The owner pays for alarm, building insurance, lawn maintenance, maintenance, parking, snow removal, sewer, tax, trash collection, water, water softener
  • Assessor Parcel Number 01-02-34-401-010.000-014

Community Details

Overview

  • 3 Buildings
  • 12 Units
  • Niblick Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,738
  • Fuel Expense $300
  • Insurance Expense $2,663
  • Maintenance Expense $2,686
  • Trash Expense $881
  • Water Sewer Expense $4,234

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,164

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Complex
  • Year Built: 1979
  • Age: 37
  • Style: Quad-Level
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: Niblick Sub outlot 38 S 120 of N. 240 outlot 74 |
  • Parcel Number ID: 01-02-34-401-010.000-014
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Near Walking Trail, Storage, Alarm System-Security, Water Heater Electric, Water Softener-Rented
  • Location: City/Town/Suburb
  • Section Number: 000
  • Sp Lp Percent: 95.29
  • Annual Miscellaneous: 670
  • Monthly Gross Income: 5647
  • Year Taxes Payable: 7163.60
  • Special Features: None

Interior Features

  • Total Sq Ft: 13194
  • Total Finished Sq Ft: 13194
  • Above Grade Finished Sq Ft: 13194
  • Price Per Sq Ft: 30.7
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Main Level Sq Ft: 4398
  • Number Below Grade Bathrooms: 6
  • Number Of Ranges Ovens: 12

Exterior Features

  • Exterior: Brick
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electricity, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1738.43
  • Annual Fuel Expense: 300
  • Annual Insurance Expense: 2663
  • Annual Maintenance Expense: 2686.22
  • Annual Trash Expense: 880.86
  • Annual Water Sewer Expense: 4234.33

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: North Adams Community
  • Elementary School: Northwest
  • Middle School: Bellmont
  • High School: Bellmont
  • Elementary School: Northwest

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120 x 355
  • Estimated Lot Sq Ft: 42600
  • Estimated Lot Size Acres: 0.978
  • Lot Number: 74

Rental Info

  • Owner Pays: Alarm, Building Insurance, Lawn Maintenance, Maintenance, Parking, Snow Removal, Sewer, Tax, Trash Collection, Water, Water Softener
  • Tenant Pays: Cable, Cooling, Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 5647.33
  • Number Of Dishwashers: 12
  • Number Of Dryers: 3
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 10
  • Num Of Efficiencies: 12
  • Num Of Units Rented: 12

Tax Info

  • Annual Property Tax: 7163.6

MLS Schools

  • High School: Bellmont
  • Middle School: Bellmont
  • School District: North Adams Community

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $405,000 -4.7% $31 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $425,000 -- $32 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201614387

Indiana Regional MLS