NOT LISTED FOR SALE

716 W King St Garrett, IN 46738

Estimated Value: $23,000 - $155,000

3 Beds
2 Baths
2,108 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $125,000 $59 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $610/month

17 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet

About This Home

As of November 2024

This duplex was an a church! So much character! The basement has potential to make a 3rd unit. Egress windows are there for you to finish it out. LONG term tenant in rear unit. Income is $1406.67 with potential of a 3 bedroom unit in lower to increase that cash flow. Property is professionally managed by Open Door Property Management and the tenants pay their utilities through the RUBS reimbursement program. All electric unit with 1 meter. No laundry on site but there is a laundromat next door! Off street parking. Requires 48 hour notice to show - tenant rights.

Last Agent to Sell the Property

Tammie Jones

Open Door Rentals and Real Estate Listed on: 10/01/2024

Last Buyer's Agent

Dawn Byerly

Direct Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for cable, cooling, deposit value, electric, fuel, heating, snow removal, sewer, trash collection, water
  • The owner pays for lawn maintenance, tax
  • Assessor Parcel Number 17-09-04-202-019.000-013

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Maintenance Expense $75

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 2 parcels. Cowen's First Addition
  • Parcel Number ID: 17-09-04-202-019.000-013
  • Platted: Yes
  • Amenities: Basement, Detector-Smoke
  • Parcel Id2: 17-09-04-202-018.000-013
  • Special Features: None

Interior Features

  • Total Sq Ft: 4216
  • Total Finished Sq Ft: 2108
  • Above Grade Finished Sq Ft: 2108
  • Below Grade Sq Ft: 2108
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 2108
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Block, Concrete
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Annual Maintenance Expense: 75
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x125
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

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

Tax Info

  • Annual Property Tax: 1099

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

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
Oct 1, 2024
Closed on
Nov 22, 2024
Sold by
Cedar Falls Investments Llc
Bought by
Blasch Susan M
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Dawn Byerly
Direct Real Estate LLC
List Price
$127,900
Sold Price
$125,000
Premium/Discount to List
-$2,900
-2.27%
Views
40
Current Estimated Value
$111,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,000
Avg. Annual Appreciation
-10.60%
Original Mortgage
$100,000
Outstanding Balance
$99,041
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$11,959

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 10, 2019
Sold by
Davis Donald and Davis Jessica
Bought by
Smith Wesley P
Seller's Agent
Tammie Jones
Open Door Rentals and Real Estate
Buyer's Agent
Tammie Jones
Open Door Rentals and Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%

Purchase Details

Closed on
Jan 13, 2009
Sold by
Thunder Bay Llc
Bought by
Davis Donald and Davis Jessica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blasch Susan M $125,000 None Listed On Document
Smith Wesley P -- None Available
Davis Donald $43,000 Metropolitan Title
Davis Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blasch Susan M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $125,000 -2.3% $59 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $127,900 +155.8% $61 / Sq Ft
12/11/2019 12/11/19 Sold $50,000 -16.5% $25 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $59,900 -- $30 / 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 $315 $10,400 $10,400 $0
2023 $198 $9,100 $9,100 $0
2022 $257 $9,100 $9,100 $0
2021 $264 $9,100 $9,100 $0
2020 $290 $9,100 $9,100 $0
2019 $283 $9,100 $9,100 $0
2018 $285 $9,100 $9,100 $0
2017 $290 $9,100 $9,100 $0
2016 $290 $9,100 $9,100 $0
2014 $273 $9,100 $9,100 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tammie Jones

    Open Door Rentals and Real Estate

    (260) 438-1087

    20 in this area

    123 Total Sales

    Tammie Jones
    Section Image

  • D

    Buyer's Agent in 2024

    Dawn Byerly

    Direct Real Estate LLC

    (260) 668-5467

    1 in this area

    3 Total Sales

    Dawn Byerly
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202437878

Indiana Regional MLS

APN: 17-09-04-202-018.000-013

Indiana Dekalb County Garrett 46738

716 W King St, Garrett, IN

Not Listed for Sale

MultiFamily

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