NOT LISTED FOR SALE

8629 Osborne Rd Highland, IN 46322

Estimated Value: $237,354 - $307,000

4 Beds
2 Baths
1,602 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $105,000 $66 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,999/month

104 Days on Market

Highlights

  • Deck
  • Patio
  • Outdoor Storage
  • Wood Flooring
  • Enhanced Accessible Features
  • Forced Air Heating System

About This Home

As of December 2018

Walk friendly & Commuter friendly location! This is a great opportunity to own rental property or have related living or studio. The main house as well as the secondary unit on property are both occupied with tenants, both in good standing. The main house has 3 bedrooms, 1 bath, hardwood floors, & large dry basement for storage. The secondary unit has 1 bedroom and 1 bath. These multiple rentals are located within walking distance to Highlands beautiful downtown shops, parks, jimmyjohns, walgreens, etc. Short commute to Expressways. Come out and see the great possibilities plus Great Return on your Investment (ROI). Please give a 48 hour notice to accommodate showings. Reference listing 440387 for Rental income details.

Last Agent to Sell the Property

Peter LaSalle

Listing Leaders License #RB14037664 Listed on: 08/07/2018

Listing Leaders

Last Buyer's Agent

Leah Bruggeman

Better Homes and Gardens Real License #RB17000181

Better Homes and Gardens Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1929

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 47 x 125

Parking

  • Carport

Interior Spaces

  • 1,602 Sq Ft Home
  • Elevator
  • Wood Flooring
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Enhanced Accessible Features
  • Accessibility Features

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,635
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450721302004000026

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $1,068
  • New Taxes Expense $3,302
  • Net Operating Income $15,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,643

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRAgenericoffice
  • Subdivision Name: N/A
  • Reso Accessibility Features: Enhanced Accessible
  • WaterExpense: 1068.00
  • SewerExpense: 0.00
  • NumberOfStores: 0
  • AuctionYN: No
  • AccessibilityFeaturesYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full
  • Flooring: Hardwood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.135
  • Construction Type: Cedar, Shake Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Lot Info

  • Lot Dimensions: 47 X 125
  • Lot Size Sq Ft: 5881
  • Parcel #: 450721302004000026

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 2400
  • Total Actual Rent: 1635

Tax Info

  • New Taxes Expense: 3302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Bozich Trevor M and Bozich Sheryle L
Bought by
Wicker View Rentals Llc
Current Estimated Value
$272,589

Purchase Details

Closed on
Sep 2, 2019
Sold by
Bozich Trevor and Bozich Sheryle
Bought by
Wicker View Rentals Llc

Purchase Details

Closed on
Jun 28, 2019
Sold by
Wicker View Rentals Llc
Bought by
Bozich Sheryle L and Bozich Trevor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$122,854
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$149,735

Purchase Details

Listed on
Aug 7, 2018
Closed on
Dec 4, 2018
Sold by
The Edwardina M Valentinc Revocable Trus
Bought by
Wicker View Rentals Llc
Seller's Agent
Peter LaSalle
Listing Leaders
Buyer's Agent
Leah Bruggeman
Better Homes and Gardens Real
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
Original Mortgage
$117,575
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2005
Sold by
Valentino Edwardina M
Bought by
Valentino Edwardina M and Edwardina M Valentino Revocable Trust
Source: Public Records

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
Wicker View Rentals Llc -- None Available
Wicker View Rentals Llc -- None Available
Bozich Sheryle L -- Chicago Title Company Llc
Wicker View Rentals Llc -- Meridian Title
Wicker View Rentals Llc -- Meridian Title Corp
Valentino Edwardina M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozich Sheryle L $140,000
Previous Owner Wicker View Rentals Llc $117,575
Previous Owner Wicker View Rentals Llc $11,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $105,000 0.0% $66 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $105,000 -- $66 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $6,643 $272,500 $29,400 $243,100
2023 $3,690 $256,000 $29,400 $226,600
2022 $3,690 $184,400 $29,400 $155,000
2021 $3,140 $156,700 $14,800 $141,900
2020 $3,089 $154,300 $14,800 $139,500
2019 $3,007 $147,400 $14,800 $132,600
2018 $3,383 $141,800 $14,800 $127,000
2017 $3,302 $136,000 $14,800 $121,200
2016 $3,256 $134,500 $14,800 $119,700
2014 $3,302 $138,500 $14,700 $123,800
2013 $3,227 $138,800 $14,800 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 440387

Northwest Indiana Association of REALTORS®

APN: 45-07-21-302-004.000-026