NOT LISTED FOR SALE

Estimated Value: $204,000 - $228,000

3 Beds
3 Baths
2,057 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $144,500 $70 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,559/month

5 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 3-minute walk to Water Tower Park
  • Eat-In Kitchen
  • Carpet

About This Home

As of November 2020

Well maintained three unit income property on Goshen's south side. Unit 2 and 3 have washers and dryers, unit 2 furnace replaced 2017. Detached garage could be leased for additional income.

Last Listed By

Steve Miller

RE/MAX Results-Goshen Listed on: 09/30/2020

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 49x165
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, sewer, tax, water
  • Assessor Parcel Number 20-11-15-151-009.000-015

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 3 Separate Electric Meters
  • Electric Expense $1,320
  • Fuel Expense $1,430
  • Insurance Expense $900
  • Water Sewer Expense $1,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,508

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: BISSELLS 49 1/2FT N SIDE 10
  • Parcel Number ID: 20-11-15-151-009.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Eat-In Kitchen
  • Sp Lp Percent: 97.31
  • Monthly Gross Income: 1675
  • Special Features: None

Interior Features

  • Total Sq Ft: 3470
  • Total Finished Sq Ft: 2057
  • Above Grade Finished Sq Ft: 2057
  • Below Grade Sq Ft: 1413
  • Price Per Sq Ft: 70.25
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1413
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Window
  • Heating Fuel: Oil, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Electric: 1320
  • Annual Fuel Expense: 1430
  • Annual Insurance Expense: 900
  • Annual Water Sewer Expense: 1560
  • Number Electric Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 49x165
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Sewer, Tax, Water

Multi Family

  • Gross Monthly Rent: 1675
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 2508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 2, 2020
Sold by
Sunstone Property Investments Llc
Bought by
Frick Sean
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$148,500
Sold Price
$144,500
Premium/Discount to List
-$4,000
-2.69%
Total Days on Market
5
Current Estimated Value
$215,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,833
Avg. Annual Appreciation
9.25%
Original Mortgage
$108,375
Outstanding Balance
$81,038
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$134,295

Purchase Details

Closed on
Jan 3, 2019
Sold by
Rice Douglas Alan
Bought by
Sunstone Property Investments Llc

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 13, 2018
Sold by
John D And Barbara J Gorsline Trust
Bought by
Rice Douglas Alan
Seller's Agent
Karen Smith
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$143,900
Sold Price
$130,000
Premium/Discount to List
-$13,900
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$97,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 7, 2018
Sold by
John D And Barbara J Gorsline Trust and John D & Barbara J Gorsline Tr
Bought by
Rice Douglas Alan
Seller's Agent
Karen Smith
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$143,900
Sold Price
$130,000
Premium/Discount to List
-$13,900
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Gorsline John D and Gorsline Barbara J
Bought by
Gorsline John D and Gorsline Barbara J

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
Frick Sean -- None Available
Sunstone Property Investments Llc -- None Available
Rice Douglas Alan $129,675 None Listed On Document
Rice Douglas Alan $129,675 None Listed On Document
Gorsline John D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frick Sean $108,375
Previous Owner Rice Douglas Alan $97,500
Previous Owner Rice Douglas Alan $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $144,500 -2.7% $70 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $148,500 +14.2% $72 / Sq Ft
08/10/2018 08/10/18 Sold $130,000 -9.7% $63 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $143,900 -- $70 / 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 $4,395 $212,600 $22,200 $190,400
2022 $4,395 $176,000 $0 $176,000
2021 $3,649 $153,000 $22,200 $130,800
2020 $2,726 $101,100 $22,200 $78,900
2019 $2,508 $101,100 $22,200 $78,900
2018 $2,162 $91,900 $18,800 $73,100
2017 $1,545 $75,300 $18,800 $56,500
2016 $1,593 $75,300 $18,800 $56,500
2014 $1,528 $74,200 $18,800 $55,400
2013 $1,484 $74,200 $18,800 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202039677

Indiana Regional MLS

APN: 20-11-15-151-009.000-015