NOT LISTED FOR SALE

931 Middle St New Haven, IN 46774

Estimated Value: $255,000

9 Beds
7 Baths
2,700 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $199,500 $74 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,868/month

12 Days on Market

Highlights

  • Corner Lot
  • Luxury Vinyl Tile Flooring
  • Hot Water Heating System
  • Fenced Yard

About This Home

As of March 2019

** Accepted offer but still taking back-up offers ** Easily rented brick and frame seven-plex: One studio with Murphy bed, four 1-bedroom units, one 2-bedroom unit, and one 3-bedroom unit. All units except the two-bedroom have been completely redone with new kitchens, windows, electric, plumbing, and flooring. Five units have new 100 amp interior panels. All units could easily have separate electric meters added. One unit has a gas boiler for heat. Roof 4 years old, new water heaters and appliances. Coin-operated washer and dryer in basement. Fenced side yard with curb cut if owner chooses to put in a parking lot.

Last Agent to Sell the Property

Patty Tritch

RE/MAX Results Listed on: 01/23/2019

RE/MAX Results

Last Buyer's Agent

Andrew Kershner

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 50x132
  • Fenced Yard
  • Chain Link Fence
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Partially Carpeted
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for building insurance, electric, fuel, heating, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 02-13-12-178-001.000-041

Community Details

Overview

  • 7 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Electric Expense $8,052
  • Fuel Expense $696
  • Insurance Expense $1,950
  • Trash Expense $984
  • Water Sewer Expense $2,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,867

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sevenplex
  • Year Built: 1875
  • Age: 144
  • Style: Two Story
  • Bedrooms: 9
  • Number Above Grade Bedrooms: 9
  • Total Bathrooms: 7
  • Total Full Bathrooms: 7
  • Legal Description: H Burgess 1st Lot 49 and H Burgess 1st Ex E Pt Lot 48
  • Parcel Number ID: 02-13-12-178-001.000-041
  • Platted: Yes
  • Amenities: Fenced Yard, Countertops-Laminate, Water Heater Electric, Water Heater Gas
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 021312178002000041
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Monthly Gross Income: 3790
  • Special Features: None

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 2700
  • Above Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 500
  • Price Per Sq Ft: 73.89
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Part Carpet, Vinyl Tile
  • Main Level Sq Ft: 2351
  • Total Below Grade Sq Ft: 500
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Electricity, Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Fort Wayne City Utilities
  • Annual Electric: 8052
  • Annual Fuel Expense: 696
  • Annual Insurance Expense: 1950
  • Annual Trash Expense: 984
  • Annual Water Sewer Expense: 2148
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50x132

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 3790
  • Number Of Dryers: 2
  • Number Of Refrigerators: 7
  • Number Of Units: 7
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 4
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 2867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 16, 2019
Sold by
Jmil Properties Ii Llc
Bought by
Cube House Llc
Seller's Agent
Patty Tritch
RE/MAX Results
Buyer's Agent
Andrew Kershner
Mike Thomas Assoc., Inc
List Price
$199,500
Sold Price
$199,500
Current Estimated Value
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,500
Avg. Annual Appreciation
10.84%
Original Mortgage
$156,800
Outstanding Balance
$122,135
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$262,865

Purchase Details

Closed on
Jun 30, 2014
Sold by
Jmil Properties Llc
Bought by
Jmil Properties Ii Llc

Purchase Details

Closed on
Apr 17, 2012
Sold by
Emenhiser Chris A
Bought by
Jmil Properties Llc

Purchase Details

Closed on
Sep 6, 2001
Sold by
Saylor Samantha L
Bought by
Emenhiser Chris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.03%
Mortgage Type
Commercial
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
Cube House Llc $199,500 Metropolitan Title Of In
Jmil Properties Ii Llc -- None Available
Jmil Properties Llc -- Titan Title Services Llc
Emenhiser Chris A -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cube House Llc $156,800
Previous Owner Emenhiser Chris A $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $199,500 0.0% $74 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $199,500 -- $74 / 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 $5,524 $289,900 $12,800 $277,100
2022 $4,616 $230,800 $12,800 $218,000
2021 $4,220 $211,000 $12,800 $198,200
2020 $3,793 $189,400 $12,800 $176,600
2019 $3,345 $167,000 $12,800 $154,200
2018 $2,865 $143,000 $12,800 $130,200
2017 $2,867 $143,100 $12,800 $130,300
2016 $2,824 $141,200 $10,700 $130,500
2014 $2,828 $141,400 $12,200 $129,200
2013 $2,828 $141,400 $12,600 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201902583

Indiana Regional MLS

APN: 02-13-12-178-001.000-041