NOT LISTED FOR SALE

901 W King St Garrett, IN 46738

Estimated Value: $102,000 - $174,009

4 Beds
2 Baths
2,200 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $50,000 $23 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $898/month

91 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Carpet
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2019

Great investment property. Large duplex on corner lot with 2 car garage. 2 bedrooms up and 2 bedrooms down. All utilities are separate. Separate furnaces, water heaters and 100 amp breaker boxes. Newer windows. New bathroom on the 2nd floor. New steel roof. Current rent $450 per month for 1st floor and $350 per month for 2nd floor plus utilities. Subject to tenants rights.

Last Agent to Sell the Property

Andy Jagoda

Wible Realty Listed on: 09/20/2018

Co-Listed By

Don Pranger

Wible Realty

Last Buyer's Agent

Tammie Jones

Open Door Rentals and Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 17-09-04-127-013.000-013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: THOMAS EAST ADD | IN NE COR NW 1/4
  • Parcel Number ID: 17-09-04-127-013.000-013
  • Platted: Yes
  • Amenities: Basement, Eat-In Kitchen
  • Parcel Id2: 170904127016000014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3372
  • Total Finished Sq Ft: 2200
  • Above Grade Finished Sq Ft: 2200
  • Below Grade Sq Ft: 1172
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 1172
  • Total Below Grade Sq Ft: 1172
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 50x132 & 47x150
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1482

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Jan 15, 2019
Sold by
Maurer Wayne W and Maurer Bonnie L
Bought by
Depew Larry
Seller's Agent
Andy Jagoda
Wible Realty
Buyer's Agent
Tammie Jones
Open Door Rentals and Real Estate
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$145,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,002
Avg. Annual Appreciation
16.69%
Original Mortgage
$37,500
Outstanding Balance
$32,970
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$112,032
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Depew Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depew Larry $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $50,000 -16.5% $23 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $59,900 +19.8% $27 / Sq Ft
11/05/2018 11/05/18 Off Market $50,000 -- --
09/20/2018 09/20/18 For Sale $59,900 -- $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 $1,614 $83,700 $6,600 $77,100
2023 $1,567 $77,800 $6,000 $71,800
2022 $1,518 $75,900 $5,700 $70,200
2021 $1,384 $69,200 $5,600 $63,600
2020 $1,337 $66,000 $5,300 $60,700
2019 $1,332 $66,000 $5,300 $60,700
2018 $1,332 $66,000 $5,300 $60,700
2017 $1,365 $67,400 $5,300 $62,100
2016 $1,357 $67,000 $5,300 $61,700
2014 $1,292 $64,600 $5,300 $59,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andy Jagoda

    Wible Realty

    (260) 908-1412

    3 in this area

    59 Total Sales

    Andy Jagoda
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Don Pranger

    Wible Realty

    Section Image

  • T

    Buyer's Agent in 2019

    Tammie Jones

    Open Door Rentals and Real Estate

    (260) 438-1087

    20 in this area

    122 Total Sales

    Tammie Jones
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201842722

Indiana Regional MLS

APN: 17-09-04-127-013.000-013

Indiana Dekalb County Garrett 46738

901 W King St, Garrett, IN

Not Listed for Sale

MultiFamily

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