NOT LISTED FOR SALE

9908 Lake Shore Dr Leo, IN 46765

16 Beds
8 Baths
7,104 Sq Ft
1.34 Acres

Last Sold November 07, 2016

Last sale price $370,000 $52 Per Sq Ft

66 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Cedarville Elementary School Rated A-
  • Carpet

About This Home

As of November 2016

This sale includes two separate buildings totaling 8 units. Most units have been updated. Quiet apartment complex located close to shopping and a great East Allen County school located nearby. There is plenty of parking and a large park like area for family time with the kids. Come see this quiet jewel.

Last Agent to Sell the Property

Jerry Starks

JM Realty Associates, Inc. Listed on: 08/10/2016

Last Buyer's Agent

John Adamonis

Adamonis Realty, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1969

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 318x186
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 7,104 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 16 Parking Spaces
  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for building insurance, lawn maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 02-03-21-278-008.000-082

Community Details

Overview

  • 2 Buildings
  • 16 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $3,951
  • Maintenance Expense $12,908
  • Trash Expense $1,246

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,363

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1969
  • Age: 47
  • Style: One Story
  • Bedrooms: 16
  • Number Above Grade Bedrooms: 16
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: E315 OF N187.5 OF S1271.2FT NE1/4 SEC 21 |
  • Parcel Number ID: 02-03-21-278-008.000-082
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: Dupont
  • Location: City/Town/Suburb
  • Section Number: 21
  • Sp Lp Percent: 100
  • Monthly Gross Income: 4707
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 7104
  • Total Finished Sq Ft: 7104
  • Above Grade Finished Sq Ft: 7104
  • Price Per Sq Ft: 52.08
  • Flooring: Carpet
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 16
  • Parking: Lot, Off Street, Paved

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 3951
  • Annual Maintenance Expense: 12908
  • Annual Trash Expense: 1246.49
  • Number Of W D Hookups: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Cedarville

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 318x186
  • Estimated Lot Sq Ft: 58370
  • Estimated Lot Size Acres: 1.34

Rental Info

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

Multi Family

  • Gross Monthly Rent: 4706
  • Number Of Dishwashers: 8
  • Number Of Dryers: 4
  • Number Of Refrigerators: 8
  • Number Of Units: 16
  • Num Of2 Bedrooms: 16
  • Num Of Units Rented: 16

Tax Info

  • Annual Property Tax: 5363.15

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $370,000 0.0% $52 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $370,000 -- $52 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jerry Starks

    Seller's Agent in 2016

    Jerry Starks

    JM Realty Associates, Inc.

    (260) 479-8161

    305 Total Sales

    Jerry Starks
    Section Image
  • John Adamonis

    Buyer's Agent in 2016

    John Adamonis

    Adamonis Realty, Inc.

    (260) 710-3707

    12 Total Sales

    John Adamonis
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201637345

Indiana Regional MLS

Indiana Allen County Leo 46765

9908 Lake Shore Dr, Leo, IN

This home is located at 9908 Lake Shore Dr, Leo, IN 46765 since 10 August 2016. This property was built in 1969. 9908 Lake Shore Dr is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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