NOT LISTED FOR SALE

Estimated Value: $198,000 - $228,000

4 Beds
2 Baths
1,856 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $88,500 $48 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,413/month

349 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Energy-Efficient Appliances
  • East Allen University Rated A
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Very nice Duplex. Each unit has Living Room and Family Room with Fireplace.

Last Agent to Sell the Property

Margaret Rhea

P&A World Properties International Listed on: 04/13/2017

Last Buyer's Agent

Katherine Selig

Dreamkeeper Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1972

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 228 x 140
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screen For Fireplace
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for association dues, cable, cooling, electric, fuel, heating, lawn maintenance, sewer, snow removal, water
  • Assessor Parcel Number 02-13-29-454-010.000-077

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,160
  • Fuel Expense $2,840
  • Insurance Expense $840
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$815

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Crown Colony Sub. Lot 118
  • Parcel Number ID: 02-13-29-454-010.000-077
  • Platted: Yes
  • Amenities: Ceiling Fan, Fireplace, Off Street Parking, Attic Pull Down Stairs, Cable Ready, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Fireplace Screen/Door, Garage Door Opener, Porch Enclosed, Storm Doors, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.59
  • Monthly Gross Income: 1075
  • Special Features: None

Interior Features

  • Total Sq Ft: 1856
  • Total Finished Sq Ft: 1856
  • Above Grade Finished Sq Ft: 1856
  • Price Per Sq Ft: 47.68
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Annual Electric: 2160
  • Annual Fuel Expense: 2840
  • Annual Insurance Expense: 840
  • Annual Water Sewer Expense: 1560
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: East Allen County
  • Elementary School: Southwick
  • Middle School: New Haven
  • High School: New Haven

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 228 x 140
  • Estimated Lot Sq Ft: 31916
  • Estimated Lot Size Acres: 0.7327

Green Features

  • Energy Efficient: Appliances

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Association Dues, Cable, Cooling, Electric, Fuel, Heating, Lawn Maintenance, Sewer, Snow Removal, Water

Tax Info

  • Exemptions: Homestead
  • Annual Property Tax: 815.12

Multi Family

  • Gross Monthly Rent: 1075
  • Number Of Dishwashers: 2
  • Number Of Dryers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 15, 2018
Sold by
Rhea Bruce
Bought by
Royer Michael D and Royer Leslie E
Seller's Agent
Margaret Rhea
P&A World Properties International
Buyer's Agent
Katherine Selig
Dreamkeeper Realty, LLC
List Price
$99,900
Sold Price
$88,500
Premium/Discount to List
-$11,400
-11.41%
Current Estimated Value
$212,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,188
Avg. Annual Appreciation
11.83%
Original Mortgage
$66,350
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Cabell Curtis E and Cabell Mary E
Bought by
Rhea Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,727
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Royer Michael D $88,500 Liberty Title & Escrow Co
Rhea Bruce -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royer Michael D $80,000
Closed Royer Michael D $66,350
Previous Owner Rhea Bruce $71,785
Previous Owner Rhea Bruce $74,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $88,500 -11.4% $48 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
04/13/2017 04/13/17 For Sale $99,900 -- $54 / 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 $3,065 $158,800 $15,100 $143,700
2023 $3,060 $153,000 $15,800 $137,200
2022 $2,400 $120,000 $13,700 $106,300
2021 $1,580 $79,000 $10,400 $68,600
2020 $1,523 $75,900 $15,200 $60,700
2019 $1,567 $78,100 $12,000 $66,100
2018 $1,424 $71,200 $12,700 $58,500
2017 $1,391 $69,300 $13,000 $56,300
2016 $815 $83,500 $19,500 $64,000
2014 $741 $76,700 $19,500 $57,200
2013 $741 $76,700 $19,500 $57,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201715230

Indiana Regional MLS

APN: 02-13-29-454-010.000-077