NOT LISTED FOR SALE

8099 N State Road 23 Walkerton, IN 46574

Estimated Value: $152,000 - $164,000

3 Beds
2 Baths
1,440 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $64,000 $44 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $986/month

226 Days on Market

Highlights

  • Access To Lake
  • Forced Air Heating System
  • Level Lot
  • Shed
  • Partially Carpeted
  • 1-Story Property

About This Home

As of November 2017

KOONTZ LAKE: This duplex is on a large lot with a little over an acre and located right on State Road 23. The duplex is set back from the highway. Next door is Country Roads Restaurant. The unit on the north side has 1 bedroom and 1 bathroom. The unit on the south end has 2 bedrooms and 1 bathroom. Both units have long term tenants on a one year lease.

Last Agent to Sell the Property

Janice Palkovich

Collins & Company Realtors, Koontz Lake Listed on: 02/14/2017

Co-Listed By

Karen Haug

Collins & Company Realtors, Koontz Lake

Last Buyer's Agent

Rhonda Hurford

Collins & Company Realtors, Koontz Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1977

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 170x280
  • Level Lot

Home Design

  • Duplex
  • Masonite

Interior Spaces

  • 1-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Private Parking
  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Access To Lake
  • Shed

Location

  • Suburban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for lawn maintenance, sewer, snow removal, tax, trash collection
  • Assessor Parcel Number 75-03-02-403-009.000-009

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $798
  • Maintenance Expense $1,200
  • Trash Expense $180
  • Water Sewer Expense $660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,523

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1977
  • Age: 40
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt S1/2 SW SE S2 T34 R1 1.06A
  • Parcel Number ID: 75-03-02-403-009.000-009
  • Platted: Yes
  • Amenities: Cable Available
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.56
  • Monthly Gross Income: 1120
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Basement Foundation: Crawl
  • Flooring: Part Carpet, Vinyl
  • Main Level Sq Ft: 1440
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Masonite
  • Water Features: Walk to Lake Access
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 120

Garage/Parking

  • Driveway: Stone
  • Number Of Parking Spaces: 4
  • Parking: Gravel, Private

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Type: Private
  • Annual Insurance Expense: 798
  • Annual Maintenance Expense: 1200
  • Annual Trash Expense: 180
  • Annual Water Sewer Expense: 660

Condo/Co-op/Association

  • Common Amenities: Cable TV Antenna
  • Pet Restrictions: Yes

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 170X280
  • Estimated Lot Sq Ft: 46174
  • Estimated Lot Size Acres: 1.06

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Lawn Maintenance, Sewer, Snow Removal, Tax, Trash Collection
  • Tenant Pays: Electric, Heating

Multi Family

  • Water Access: Easement
  • Gross Monthly Rent: 1120
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1523.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Sable Properties Inc
Bought by
Yoon Jae Ook
Current Estimated Value
$157,915

Purchase Details

Listed on
Feb 14, 2017
Closed on
Nov 17, 2017
Sold by
Schaefer John and Schaefer Bettie
Bought by
Sable Properties Inc
Seller's Agent
Janice Palkovich
Collins & Company Realtors, Koontz Lake
Buyer's Agent
Rhonda Hurford
Collins & Company Realtors, Koontz Lake
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
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
Yoon Jae Ook -- None Listed On Document
Sable Properties Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $64,000 -14.6% $44 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $74,900 -- $52 / 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 $1,538 $93,300 $22,400 $70,900
2023 $1,527 $84,200 $20,400 $63,800
2022 $1,470 $86,900 $18,200 $68,700
2021 $1,514 $75,300 $18,000 $57,300
2020 $1,603 $70,500 $18,000 $52,500
2019 $1,682 $75,600 $17,700 $57,900
2018 $1,463 $72,400 $16,900 $55,500
2017 $1,572 $85,100 $16,400 $68,700
2016 $1,523 $84,300 $16,400 $67,900
2014 $1,456 $85,500 $16,400 $69,100
2013 $1,420 $86,400 $16,400 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201705890

Indiana Regional MLS

APN: 75-03-02-403-009.000-009