NOT LISTED FOR SALE

834 W Melbourne Ave Logansport, IN 46947

Estimated Value: $76,000 - $120,866

5 Beds
2.5 Baths
2,610 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $60,000 $23 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $614/month

65 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System

About This Home

As of October 2021

Two Story Duplex with excellent rental history. First floor has 2 BR and 1 Bath, second floor has 3 BR, 1 1/2 Bath; both apartments have laundry rooms; Corner location with large backyard. Roof 2015, furnace 2017, water heater 2019. Tenants maintain lawn care and pay all utilities.

Last Agent to Sell the Property

Jan Baldwin

Schwering Realty Listed on: 07/28/2021

Last Buyer's Agent

Jan Baldwin

Schwering Realty Listed on: 07/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1900

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 44x157
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, sewer, water
  • Assessor Parcel Number 09-17-56-443-011.000-010

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $551
  • Maintenance Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: P D GALLAGHER 2 BLK 7 LOT 5
  • Parcel Number ID: 09-17-56-443-011.000-010
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.75
  • Monthly Gross Income: 1050
  • Special Features: None

Interior Features

  • Total Sq Ft: 3262
  • Total Finished Sq Ft: 2610
  • Above Grade Finished Sq Ft: 2610
  • Below Grade Sq Ft: 652
  • Price Per Sq Ft: 22.99
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 652
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Annual Insurance Expense: 550.68
  • Annual Maintenance Expense: 350
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 44X157
  • Estimated Lot Sq Ft: 7144
  • Estimated Lot Size Acres: 0.164

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 21, 2021
Sold by
Beckman Steven L
Bought by
Baltazar Martin B Martin
Seller's Agent
Jan Baldwin
Schwering Realty
Buyer's Agent
Jan Baldwin
Schwering Realty
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Total Days on Market
65
Current Estimated Value
$103,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,217
Avg. Annual Appreciation
14.10%
Original Mortgage
$51,000
Outstanding Balance
$47,109
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$52,209
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
Baltazar Martin B Martin $60,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baltazar Martin B Martin $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $60,000 -6.3% $23 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $64,000 -8.4% $25 / Sq Ft
07/28/2021 07/28/21 For Sale $69,900 -- $27 / 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 $625 $71,900 $8,300 $63,600
2022 $537 $53,700 $8,300 $45,400
2021 $404 $40,400 $7,900 $32,500
2020 $746 $37,300 $7,900 $29,400
2019 $696 $34,800 $7,900 $26,900
2018 $700 $35,000 $7,900 $27,100
2017 $530 $26,500 $7,900 $18,600
2016 $560 $28,000 $7,900 $20,100
2014 $598 $29,900 $7,900 $22,000
2013 $598 $31,800 $7,900 $23,900
Source: Public Records

Agents Affiliated with this Home

  • Jan Baldwin

    Seller's Agent in 2021

    Jan Baldwin

    Schwering Realty

    (574) 298-8434

    20 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202130482

Indiana Regional MLS

APN: 09-17-56-443-011.000-010

Indiana Cass County Logansport 46947

834 W Melbourne Ave, Logansport, IN

This home is located at 834 W Melbourne Ave, Logansport, IN 46947 since 28 July 2021 and is currently estimated at $103,217, approximately $39 per square foot. This property was built in 1900. 834 W Melbourne Ave 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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