NOT LISTED FOR SALE

7667 N Kickapoo Rd Walkerton, IN 46574

Estimated Value: $88,000 - $96,000

9 Beds
6 Baths
3,198 Sq Ft
$29/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $150,000 $47 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $534/month

216 Days on Market

Highlights

  • Access To Lake
  • Water Softener is Owned
  • 6 Car Garage
  • Laundry in Utility Room
  • Forced Air Heating System
  • Wood Siding

About This Home

As of January 2023

Multiple units for income producing opportunity. Located with in walking distance of Koontz Lake. Sold "AS IS" NEW metal roof on 7657, NEW stove in unit 7667 #1. New handrail on unit 7667 #2.

Last Agent to Sell the Property

Rhonda Hurford

Collins & Company Realtors, Koontz Lake Listed on: 05/16/2022

Last Buyer's Agent

Shannon Lunetta

RE/MAX OAK CREST -PLYMOUTH

RE/MAX OAK CREST -PLYMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1925

Lot Details

  • 0.34

Parking

  • 6 Car Garage

Home Design

  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Schools

  • Oregon-Davis Elementary School
  • Oregon-Davis Junior-Senior High Middle School
  • Oregon-Davis Junior-Senior High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Shared Well
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Access To Lake
  • 0.34 Acre Lot

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for electric, fuel, sewer, trash collection
  • Assessor Parcel Number 75-03-11-204-051.000-009

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $3,102
  • Fuel Expense $3,102
  • Insurance Expense $1,800
  • Maintenance Expense $200
  • Trash Expense $900
  • Water Sewer Expense $330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1925
  • Age: 97
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Simpson & Frost Lot 43-46 Blk 21 and Simpson & Frost Lots 43-46 Blk 21
  • Parcel Number ID: 75-03-11-204-051.000-009
  • Platted: Yes
  • Amenities: Water Heater Gas, Water Softener-Owned
  • Parcel Id2: 75-03-11-204-052.000-009
  • Sp Lp Percent: 89.82
  • Monthly Gross Income: 2825
  • Year Taxes Payable: 2281.66
  • Special Features: None

Interior Features

  • Total Sq Ft: 3858
  • Total Finished Sq Ft: 3198
  • Above Grade Finished Sq Ft: 3198
  • Below Grade Sq Ft: 660
  • Price Per Sq Ft: 46.9
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 660
  • Number Of Microwaves: 1
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl, Wood
  • Water Features: Walk to Lake Access
  • Water Name: Koontz Lake
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air, Wall Heater
  • Sewer: Regional
  • Water Utilities: Well
  • Well Type: Shared
  • Annual Electric: 3102
  • Annual Fuel Expense: 3102
  • Annual Insurance Expense: 1800
  • Annual Maintenance Expense: 200
  • Annual Trash Expense: 900
  • Annual Water Sewer Expense: 330.12
  • Number Of W D Hookups: 3

Schools

  • School District: Oregon-Davis School Corp.
  • Elementary School: Oregon-Davis Elementary
  • Middle School: Oregon-Davis Junior-Senior High
  • High School: Oregon-Davis Junior-Senior High
  • Elementary School: Oregon-Davis Elementary

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 100x100 and irregular
  • Estimated Lot Sq Ft: 14810
  • Estimated Lot Size Acres: 0.34

Rental Info

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

Tax Info

  • Total Assessed Value: 2022
  • Annual Property Tax: 2281.66

Multi Family

  • Gross Monthly Rent: 2825
  • Number Of Refrigerators: 5
  • Number Of Units: 6
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 3
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 6

MLS Schools

  • High School: Oregon-Davis Junior-Senior High
  • Middle School: Oregon-Davis Junior-Senior High
  • School District: Oregon-Davis School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jan 6, 2023
Sold by
Cleveland Gary J
Bought by
Ochs Rex T
Seller's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
Buyer's Agent
Shannon Lunetta
RE/MAX OAK CREST -PLYMOUTH
List Price
$172,000
Sold Price
$150,000
Premium/Discount to List
-$22,000
-12.79%
Total Days on Market
216
Views
39
Current Estimated Value
$93,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,667
Avg. Annual Appreciation
-19.53%
Original Mortgage
$150,000
Interest Rate
10%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ochs Rex T $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochs Rex T $23,000
Open Ochs Rex T $186,000
Closed Ochs Rex T $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $150,000 -10.2% $47 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $167,000 -2.9% $52 / Sq Ft
05/16/2022 05/16/22 For Sale $172,000 -- $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 $194 $11,300 $11,300 $0
2023 $302 $10,300 $10,300 $0
2022 $169 $10,000 $10,000 $0
2021 $191 $9,500 $9,500 $0
2020 $224 $9,500 $9,500 $0
2019 $213 $9,500 $9,500 $0
2018 $194 $9,500 $9,500 $0
2017 $178 $9,500 $9,500 $0
2016 $174 $9,500 $9,500 $0
2014 $162 $9,500 $9,500 $0
2013 $156 $9,500 $9,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202218373

Indiana Regional MLS

APN: 75-03-11-204-052.000-009