NOT LISTED FOR SALE

802 E Reynolds St Goshen, IN 46526

Estimated Value: $145,000 - $215,000

3 Beds
3 Baths
1,662 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $95,000 $57 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,186/month

14 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Carpet

About This Home

As of December 2020

Well maintained triplex. All 1 bedrooms units with long term tenancy. Rents have been kept low and need to be raised. Newer roof, windows and siding. Excellent investment opportunity. Gas & Electric metered separately and tenants pay Gas & Electric. Water/Sewer is 1 meter and Landlord pays. Tenants take care of lawn/snow year round.

Last Agent to Sell the Property

Travis Bontrager

Bontrager Realty, LLC Listed on: 09/25/2020

Last Buyer's Agent

Susie Tucker

Susie Tucker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 49x77
  • Corner Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, maintenance, snow removal
  • The owner pays for building insurance, maintenance, sewer, water
  • Assessor Parcel Number 20-11-15-133-001.000-015

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,517

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 120
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: THOMAS 2ND EX E 55FT LOT 53
  • Parcel Number ID: 20-11-15-133-001.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Eat-In Kitchen
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.1
  • Monthly Gross Income: 1010
  • Special Features: None

Interior Features

  • Total Sq Ft: 1902
  • Total Finished Sq Ft: 1662
  • Above Grade Finished Sq Ft: 1662
  • Below Grade Sq Ft: 240
  • Price Per Sq Ft: 57.16
  • Basement: Yes
  • Basement Foundation: Crawl, Michigan Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 240

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 900
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 1

Schools

  • School District: Goshen Community Schools
  • Elementary School: Parkside
  • Middle School: Goshen
  • High School: Goshen

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 49x77
  • Estimated Lot Sq Ft: 3920
  • Estimated Lot Size Acres: 0.09

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Maintenance, Sewer, Water
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal

Multi Family

  • Gross Monthly Rent: 1010
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 4, 2020
Sold by
Grindle Dan R and Grindle Sherri L
Bought by
Ideal Housing Llc
Seller's Agent
Travis Bontrager
Bontrager Realty, LLC
Buyer's Agent
Susie Tucker
Susie Tucker Realty
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$169,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,823
Avg. Annual Appreciation
11.86%
Original Mortgage
$101,000
Outstanding Balance
$76,033
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$85,033

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 20, 2020
Sold by
Soltzfus Eric J and Soltzfus Ruth Ann
Bought by
Grindle Dan R and Grindle Sherri L
Seller's Agent
Travis Bontrager
Bontrager Realty, LLC
Buyer's Agent
Susie Tucker
Susie Tucker Realty
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Outstanding Balance
$76,033
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$85,033

Purchase Details

Closed on
Sep 30, 2005
Sold by
Stoltzfus Eric J and Stoltzfus Ruth Ann
Bought by
Grindle Dan R and Grindle Sherri L

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mumaw Walter J and Mumaw Helen D
Bought by
Stoltzfus Eric J and Stoltzfus Ruth Ann
Source: Public Records

Range of Values:

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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
Ideal Housing Llc -- Mtc
Grindle Dan R -- Mtc
Grindle Dan R -- --
Stoltzfus Eric J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ideal Housing Llc $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $95,000 -4.9% $57 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $99,900 -- $60 / 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 $3,126 $133,700 $10,800 $122,900
2022 $2,837 $125,000 $0 $125,000
2021 $2,605 $108,700 $9,900 $98,800
2020 $2,852 $105,800 $9,900 $95,900
2019 $2,209 $89,000 $9,900 $79,100
2018 $1,898 $80,600 $9,900 $70,700
2017 $1,517 $73,900 $9,900 $64,000
2016 $1,488 $70,300 $9,900 $60,400
2014 $1,328 $64,500 $9,900 $54,600
2013 $1,290 $64,500 $9,900 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202038713

Indiana Regional MLS

APN: 20-11-15-133-001.000-015