$144,000
$5K PRICE DROP

927 Wheatland Ave Logansport, IN 46947

Estimated payment $860/month

Total Views 4,859
4 Beds
2 Baths
1,895 Sq Ft
$76 Price per Sq Ft

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

Investors welcome. Discover investment possibilities with this two story duplex building. Located on the west side of Logansport near shopping and convenience stores. The first floor unit has living room, two bedrooms, kitchen and bathroom. The second floor unit also has has a living room, two bedrooms, kitchen and bathroom. This property delivers solid rental income for an investor, or extra income for an owner occupied home.

Listing Agent

Randy Varrone

Rogers Auction & Real Estate Brokerage Phone: 574-732-7604 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 36x165
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Fairview Elementary School
  • Logansport Middle School
  • Logansport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 09-17-56-452-005.000-010

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,500
  • Insurance Expense $1,140
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1940
  • Age: 85
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt Lot 2 Bar Res R Cromer E 36 Ft Lot 16
  • Parcel Number ID: 09-17-56-452-005.000-010
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Parcel Id2: 025-12-014-005
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2024-2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1895
  • Total Finished Sq Ft: 1895
  • Above Grade Finished Sq Ft: 1895
  • Price Per Sq Ft: 75.99
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Laminate, Tile
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Water Company: Logansport Utilities
  • Annual Electric: 1500
  • Annual Insurance Expense: 1140
  • Annual Water Sewer Expense: 1500

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36x165
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 752

MLS Schools

  • High School: Logansport
  • Middle School: Logansport
  • School District: Logansport Community School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,936 $37,600 $6,900 $30,700
2022 $588 $29,400 $6,900 $22,500
2021 $472 $23,600 $6,500 $17,100
2020 $440 $22,000 $6,500 $15,500
2019 $414 $20,700 $6,500 $14,200
2018 $412 $20,600 $6,500 $14,100
2017 $408 $20,400 $6,500 $13,900
2016 $430 $21,500 $6,500 $15,000
2014 $458 $22,900 $6,500 $16,400
2013 $458 $24,300 $6,500 $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $149,000 -- $79 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202520126

Indiana Regional MLS

APN: 09-17-56-452-005.000-010