NOT LISTED FOR SALE

72833 County Road 29 Syracuse, IN 46567

2 Beds
2 Baths
1,648 Sq Ft
6.5 Acres

Last Sold May 01, 2014

Last sale price $325,000 $197 Per Sq Ft

101 Days on Market

About This Home

As of May 2014

2012 Net income of $41,123.86. Great cashflow! Established mobile home park with 28 mobile homes. Many long-term tenants are in place. Brand new well system in August 2013. Connected to city sewer. Room in the park to add more units. Two parcels included in the sale.

Last Agent to Sell the Property

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 10/04/2013

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 10/04/2013

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1965

Lot Details

  • 6.5

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Bedrooms
  • 1-Story Property

Parking

  • 56 Parking Spaces
  • Off-Street Parking

Schools

  • Fairfield Elementary And Middle School
  • Fairfield High School

Utilities

  • Heating System Uses Gas
  • Private Water Source
  • Well

Additional Features

  • Shed
  • 6.5 Acre Lot

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 20-16-31-300-025.000-003

Community Details

Overview

  • 28 Units

Building Details

  • Electric Expense $2,289
  • Insurance Expense $1,627
  • Maintenance Expense $2,391
  • Trash Expense $3,570
  • Water Sewer Expense $7,097

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,018

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1965
  • Age: 49
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Legal Description: IN W 1/2 SE SW & W1/2 E1/2; SW SEC 31;4.86A and PT IN SE1/4 SW1/4 SEC 31 1.66A |
  • Parcel Number ID: 20-16-31-300-025.000-003
  • Platted: Yes
  • Amenities: Off Street Parking
  • Sp Lp Percent: 91.55
  • Monthly Gross Income: 5260
  • Year Taxes Payable: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab

Exterior Features

  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 150

Garage/Parking

  • Number Of Parking Spaces: 56

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: Private, Well
  • Annual Electric: 2288.89
  • Annual Insurance Expense: 1627
  • Annual Maintenance Expense: 2391.24
  • Annual Trash Expense: 3569.66
  • Annual Water Sewer Expense: 7097

Schools

  • School District: Fairfield Community Schools
  • Elementary School: Fairfield
  • Middle School: Fairfield
  • High School: Fairfield
  • Elementary School: Fairfield

Lot Info

  • Lot Dimensions: 6.5a
  • Estimated Lot Sq Ft: 283140
  • Estimated Lot Size Acres: 6.5

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 5260
  • Number Of Units: 28
  • Num Of2 Bedrooms: 28
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 28

Tax Info

  • Annual Property Tax: 4018

MLS Schools

  • High School: Fairfield
  • Middle School: Fairfield
  • School District: Fairfield Community Schools

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 List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $325,000 -12.2% $197 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
10/04/2013 10/04/13 For Sale $370,000 -- $225 / 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: 681528

Indiana Regional MLS