NOT LISTED FOR SALE

903 S Cedar St Auburn, IN 46706

Estimated Value: $186,000 - $200,000

3 Beds
3 Baths
1,634 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $135,000 $83 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,257/month

7 Days on Market

Highlights

  • 1 Car Detached Garage
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Carpet

About This Home

As of November 2020

Once in a life time opportunity. (2) Turn key triplex’s - fully occupied and nicely updated. Owner would like to sell as a package. Prime locations on corner lots. Plenty of room in increase rents. Gross rents at $4,000/month ( MLS #202038069)

Last Agent to Sell the Property

Alyssa Schendel

North Eastern Group Realty Listed on: 09/21/2020

North Eastern Group Realty

Last Buyer's Agent

Alyssa Schendel

North Eastern Group Realty Listed on: 09/21/2020

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1920

Lot Details

  • 4,622 Sq Ft Lot
  • Lot Dimensions are 66 x 70
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 17-06-32-184-006.000-025

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $200
  • Fuel Expense $600
  • Insurance Expense $900
  • Maintenance Expense $1,000
  • Trash Expense $200
  • Water Sewer Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,789

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1920
  • Age: 100
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: OP E1/2 LOT 126
  • Parcel Number ID: 17-06-32-184-006.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan
  • Sp Lp Percent: 90.6
  • Monthly Gross Income: 1385
  • Special Features: None

Interior Features

  • Total Sq Ft: 2208
  • Total Finished Sq Ft: 1634
  • Above Grade Finished Sq Ft: 1634
  • Below Grade Sq Ft: 574
  • Price Per Sq Ft: 82.62
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 574
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 200
  • Annual Fuel Expense: 600
  • Annual Insurance Expense: 900
  • Annual Maintenance Expense: 1000
  • Annual Trash Expense: 200
  • Annual Water Sewer Expense: 800

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Dekalb Central United
  • Elementary School: McKenney-Harrison
  • Middle School: Dekalb
  • High School: Dekalb

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 70
  • Estimated Lot Sq Ft: 4622
  • Estimated Lot Size Acres: 0.1061

Rental Info

  • Lease Term: Week to Week, Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1385
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 1789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 30, 2020
Sold by
Roll Big Train Llc
Bought by
Hey Mei Li M
Seller's Agent
Alyssa Schendel
North Eastern Group Realty
Buyer's Agent
Alyssa Schendel
North Eastern Group Realty
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%
Total Days on Market
7
Current Estimated Value
$192,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,667
Avg. Annual Appreciation
5.98%
Original Mortgage
$101,250
Outstanding Balance
$91,120
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,547

Purchase Details

Closed on
Apr 24, 2020
Sold by
Amfire Properties Llc
Bought by
Roll Big Train Llc

Purchase Details

Closed on
Nov 19, 2018
Sold by
Langer Terry and Langer Donna
Bought by
Langer Terry and Langer Donna
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
Hey Mei Li M -- None Available
Roll Big Train Llc -- Metropolitan Title Of In Llc
Langer Terry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hey Mei Li M $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $135,000 -9.4% $83 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $149,000 -- $91 / 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 $2,821 $169,900 $20,200 $149,700
2023 $2,749 $160,100 $18,900 $141,200
2022 $2,456 $143,400 $16,600 $126,800
2021 $2,092 $117,000 $14,200 $102,800
2020 $1,694 $96,700 $12,900 $83,800
2019 $1,789 $96,700 $12,900 $83,800
2018 $1,687 $87,200 $12,900 $74,300
2017 $1,648 $83,600 $12,900 $70,700
2016 $1,626 $81,000 $12,900 $68,100
2014 $1,476 $73,800 $12,900 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202038072

Indiana Regional MLS

APN: 17-06-32-184-006.000-025