NOT LISTED FOR SALE

929 N Falvey St Winamac, IN 46996

Estimated Value: $224,000 - $316,000

8 Beds
4 Baths
3,472 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $195,000 $56 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,829/month

662 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry in Utility Room
  • Forced Air Heating and Cooling System
  • Patio
  • Landscaped
  • Level Lot

About This Home

As of May 2018

IMMACULATE 4 units that have 100% occupancy all the time. Waiting list to get in. Senior living $575.00 a month. Units are furnished with stove, refrigerators, washer, dryers. Each unit has 2 bedrooms, 1 bath, living room, kitchen and laundry. Paved parking. Nicely landscaped. Private patios. Individual utility meters. Water heaters are new. Furnace and A/C are serviced regularly. Great opportunity to manage a fourplex situation with steady income. Call for your private showing. Measurements are estimated. Buyers are encouraged to satisfy themselves.

Last Agent to Sell the Property

Linda Jacobson

RE/MAX OAK CREST -PLYMOUTH Listed on: 08/01/2016

RE/MAX OAK CREST -PLYMOUTH

Co-Listed By

DEWAIN DAVIS

RE/MAX SELECT REALTY

Last Buyer's Agent

Shelly Bailey

Envision Real Estate Team - Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1991

Lot Details

  • 0.68 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Driveway
  • Parking Lot
  • Off-Site Parking

Schools

  • Eastern Pulaski Elementary School
  • Winamac Middle School
  • Winamac High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable, electric, heating, sewer, trash collection, water
  • The owner pays for building insurance, lawn maintenance, parking, snow removal
  • Assessor Parcel Number 66-14-11-429-019.000-011

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,070
  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,226

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1991
  • Age: 26
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 011-01814-00 PT NW SE SEC. 11 .68A |
  • Parcel Number ID: 66-14-11-429-019.000-011
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Landscaped, Patio Open, Water Heater Gas, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 90.7
  • Monthly Gross Income: 2300
  • Year Taxes Payable: 2015/2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 3472
  • Total Finished Sq Ft: 3472
  • Above Grade Finished Sq Ft: 3472
  • Price Per Sq Ft: 56.16
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 12
  • Parking: Lot, Off Site, Paved, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Public
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 1070
  • Annual Maintenance Expense: 300
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Of W D Hookups: 4
  • Number Water Meters: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Eastern Pulaski Community S.D.
  • Elementary School: Eastern Pulaski
  • Middle School: Winamac
  • High School: Winamac
  • Elementary School: Eastern Pulaski

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .68 ACRE
  • Estimated Lot Sq Ft: 29621
  • Estimated Lot Size Acres: 0.68

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Parking, Snow Removal
  • Tenant Pays: Cable, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2300
  • Number Of Dryers: 4
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 4
  • Num Of2 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2225.8

MLS Schools

  • High School: Winamac
  • Middle School: Winamac
  • School District: Eastern Pulaski Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Radman Marketing Llc
Bought by
Davidson Russell A
Current Estimated Value
$273,333

Purchase Details

Listed on
Aug 1, 2016
Closed on
May 15, 2018
Sold by
Dolezal Gregory M and Dolezal Beverly
Bought by
Radman Marketing Llc
Seller's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Shelly Bailey
Envision Real Estate Team - Rochester
List Price
$264,900
Sold Price
$195,000
Premium/Discount to List
-$69,900
-26.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Source: Public Records

Range of Values:

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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
Davidson Russell A -- --
Radman Marketing Llc $195,000 Meridian Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $195,000 -26.4% $56 / Sq Ft
08/01/2016 08/01/16 For Sale $264,900 -- $76 / 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 $4,065 $227,100 $15,300 $211,800
2023 $3,689 $198,500 $15,300 $183,200
2022 $3,805 $194,400 $14,600 $179,800
2021 $3,974 $198,700 $12,900 $185,800
2020 $3,791 $195,000 $12,900 $182,100
2019 $3,107 $195,000 $12,900 $182,100
2018 $3,411 $205,800 $12,400 $193,400
2017 $2,506 $153,900 $13,700 $140,200
2016 $2,420 $147,800 $18,600 $129,200
2014 $2,051 $142,400 $18,600 $123,800
2013 $2,051 $142,500 $18,600 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201635623

Indiana Regional MLS

APN: 66-14-11-429-019.000-011