NOT LISTED FOR SALE

800 W Maumee St Angola, IN 46703

Estimated Value: $520,000

12 Beds
12 Baths
6,372 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $310,000 $49 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,335/month

63 Days on Market

Highlights

  • Home Security System
  • Ceiling Fan
  • Laundry Facilities
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2021

Calling all investors, here's an opportunity for an property that doesn't come along very often, to add to your portfolio! In the heart of Angola, across from Trine U. All 12 units are 1 BR,1 BA & basement, storage area is a lg. room, partially prepped for addit. apartment, to be easily finished to add unit/addit. income. Minor updates still being finished in a few units. P.O.F. or Pre-Approval Letters required with All Offers. Pre-Lim title work done w/Near North Title. Windows will finish being repaired before closing.

Last Agent to Sell the Property

Daryle Lambright

RE/MAX Results-Goshen Listed on: 07/08/2021

RE/MAX Results-Goshen

Last Buyer's Agent

Mark Pontecorvo

RE/MAX Results - Angola office

RE/MAX Results - Angola office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,172

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Home Security System
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 16 Parking Spaces
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, lawn maintenance, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 76-06-27-140-212.000-012

Community Details

Pet Policy

  • Pet Restriction

Building Details

  • 14 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $16,601
  • Insurance Expense $3,994
  • Maintenance Expense $1,300
  • Trash Expense $1,804
  • Water Sewer Expense $5,964

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,172

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1964
  • Age: 57
  • Style: Two Story
  • Bedrooms: 12
  • Number Above Grade Bedrooms: 12
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: PT SE 1/4 NE 1/4 SEC. 27.42A
  • Parcel Number ID: 76-06-27-140-212.000-012
  • Platted: Yes
  • Amenities: Alarm System-Security, Cable Ready, Countertops-Laminate
  • Location: City/Town/Suburb, Near College Campus
  • Road Surface: Asphalt
  • Sp Lp Percent: 70.47
  • Monthly Gross Income: 7750
  • Special Features: None

Interior Features

  • Total Sq Ft: 7272
  • Total Finished Sq Ft: 6372
  • Above Grade Finished Sq Ft: 6212
  • Below Grade Finished Sq Ft: 160
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 49.9
  • Basement: Yes
  • Basement Foundation: Partial Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Part Carpet, Vinyl Tile, Vinyl
  • Total Below Grade Sq Ft: 1060
  • Number Of Ranges Ovens: 12
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16
  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Cable Company: DirectTV, Mediacom
  • Hvac: Ceiling Fan
  • Annual Electric: 16601
  • Annual Insurance Expense: 3994.17
  • Annual Maintenance Expense: 1300
  • Annual Trash Expense: 1804
  • Annual Water Sewer Expense: 5964
  • Number Electric Meters: 14
  • Number Gas Meters: 1
  • Number Of W D Hookups: 6
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Cable TV Antenna, Laundry Facilities, Sidewalks
  • Pet Restrictions: Yes

Schools

  • School District: MSD of Steuben County
  • Elementary School: Carlin Park
  • Middle School: Angola
  • High School: Angola

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: .42 acres
  • Estimated Lot Sq Ft: 18295
  • Estimated Lot Size Acres: 0.42

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 700
  • Number Of Dryers: 3
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Number Of Washers: 3
  • Num Of1 Bedrooms: 12
  • Num Of Units Rented: 10

Tax Info

  • Annual Property Tax: 5172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Oct 30, 2012
Sold by
Kuhn Rentals Llc
Bought by
Gasdorf Enterprises Llc
Seller's Agent
David Hardiek
KW Anchor Realty
Buyer's Agent
Mike Shoup
Booth Rose Krebs, Inc
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Total Days on Market
63
Current Estimated Value
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,000
Original Mortgage
$171,000
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1999
Sold by
Andres Virginia M
Bought by
Kuhn Todd A
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
Gasdorf Enterprises Llc $210,000 Lakeview Title
Gasdorf Enterprises Llc -- None Available
Kuhn Todd A $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gasdorf Enterprises Llc $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $310,000 -29.5% $49 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $439,900 +91.3% $69 / Sq Ft
05/21/2014 05/21/14 Sold $229,900 -19.3% $32 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $285,000 +35.7% $39 / Sq Ft
10/30/2012 10/30/12 Sold $210,000 -16.0% $31 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $250,000 -- $37 / 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 -- $74,800 $74,800 $0
2023 $4,988 $74,800 $74,800 $0
2022 $4,988 $270,600 $68,000 $202,600
2021 $5,399 $272,200 $68,000 $204,200
2020 $5,247 $272,200 $68,000 $204,200
2019 $5,178 $260,200 $68,000 $192,200
2018 $5,155 $257,500 $40,800 $216,700
2017 $3,233 $161,400 $40,800 $120,600
2016 $3,209 $160,200 $40,800 $119,400
2014 $3,668 $183,400 $54,400 $129,000
2013 $3,668 $184,800 $54,400 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202126943

Indiana Regional MLS

APN: 76-06-27-140-212.000-012