NOT LISTED FOR SALE

805 W Melbourne Ave Unit 2 Logansport, IN 46947

Estimated Value: $66,000 - $128,000

4 Beds
2 Baths
1,548 Sq Ft
$54/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $49,400 $32 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $541/month

33 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet

About This Home

As of November 2021

Duplex being sold AS IS (2) 2 bedroom units

Last Listed By

Robert Wildermuth

Two Rivers Realty Listed on: 07/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 33 x 165
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 09-17-56-475-028.000-010

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,444
  • Fuel Expense $478
  • Insurance Expense $559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$546

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1914
  • Age: 107
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: M A Heath w 1/2 Lot 39
  • Parcel Number ID: 09-17-56-475-028.000-010
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Cable Available
  • Sp Lp Percent: 95
  • Annual Miscellaneous: 147.65
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 2322
  • Total Finished Sq Ft: 1548
  • Above Grade Finished Sq Ft: 1548
  • Below Grade Sq Ft: 774
  • Price Per Sq Ft: 31.91
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 774
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1443.57
  • Annual Fuel Expense: 478.11
  • Annual Insurance Expense: 559.3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Logansport Community School Corp.
  • Elementary School: Fairview
  • Middle School: Columbia/Logansport
  • High School: Logansport

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33 X 165

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Greenbush 64 Llc
Bought by
Kokomo 141 Borrower Llc
Total Days on Market
33
Current Estimated Value
$83,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,901,000
Outstanding Balance
$12,825,599
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$12,741,554

Range of Values:

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Average Value
Not Available
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
Kokomo 141 Borrower Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kokomo 141 Borrower Llc $12,901,000
Previous Owner Greenbush 64 Llc $13,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $49,400 -5.0% $32 / Sq Ft
07/07/2021 07/07/21 For Sale $52,000 -- $34 / 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 $858 $47,700 $6,300 $41,400
2023 $858 $42,700 $6,300 $36,400
2022 $740 $36,800 $6,300 $30,500
2021 $590 $29,300 $6,000 $23,300
2020 $546 $27,100 $6,000 $21,100
2019 $512 $25,400 $6,000 $19,400
2018 $510 $25,300 $6,000 $19,300
2017 $476 $23,600 $4,500 $19,100
2016 $504 $25,000 $4,500 $20,500
2014 $542 $26,900 $4,500 $22,400
2013 $542 $28,800 $4,500 $24,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Wildermuth

    Two Rivers Realty

    (574) 721-0198

    115 Total Sales

    Robert Wildermuth
    Section Image

  • R

    Buyer's Agent in 2021

    RACI NonMember

    NonMember RACI

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Map

Source: Indiana Regional MLS

MLS Number: 202126759

Indiana Regional MLS

APN: 09-17-56-475-028.000-010

Indiana Cass County Logansport 46947

805 W Melbourne Ave Unit 2, Logansport, IN

Homes for Sale in Logansport, IN

This home is located at 805 W Melbourne Ave Unit 2, Logansport, IN 46947 since 07 July 2021 and is currently estimated at $83,782, approximately $54 per square foot. This property was built in 1914. 805 W Melbourne Ave Unit 2 is a home located in Cass County with nearby schools including Logansport Community High School and All Saints Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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