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  • $205,000

    16 E Branson St, La Fontaine, IN 46940

    5beds
    2,912sqft
    Duplex
    Built in 1974
    -- sqft lot
    $281,500 Zestimate®
    $--/sqft
    $1,112 Estimated rent

    Home value

    $281,500

    $248,000 - $318,000

    $1,112/mo

    Zestimate® history
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    $1,274/mo

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    What's special

    New cabinets and countertopsNew roof and gutters
    Investors take a look at your next portfolio addition! This property boats 2 duplexes for a total of 4 units. Gross monthly rents projected at $2,550. All units have seen a large amount of work put into them in the past few months, as well as a potential $5,000 appliance allowance to put your own finishing touches on the units! Water and electric is all metered separately, allowing tenants to pay their own utilities. There is one 2 bed unit, and three 1 bed units. One unit is currently rented, three units are currently vacant, allowing you to find tenants that best fit your management style. All units have a washer/dryer hookup. New roof and gutters were put in 5 years ago. Recent work in the past 3 months included but is not limited to; new paint, light fixtures, and ceiling fans in all units. All exterior wood and trim has been painted. Brick units both have new water heaters, screen doors, and electric baseboard heaters. One kitchen is loaded with new cabinets and countertops. New LVP throughout. 2 sheds are also included on the back of the property for extra storage. As a very low maintenance property, your portfolio will thank you!

    Zillow last checked:

    Listing updated:

    Listed by:

    Payton T Deeter Cell:260-571-1246,

    Terrell Realty Group, LLC

    Bought with:

    Jonathan Preusz, RB19000148

    CENTURY 21 Bradley Realty, Inc

    Source: IRMLS,MLS#: 202441540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Laminate
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,912
    • Total interior livable area: 2,912 sqft
    • Finished area above ground: 2,912
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street Parking
    Features
    • Levels: One
    • Stories: 1
    • On waterfront: Yes
    • Waterfront features: Frontage Lot, Creek
    • Frontage length: Water Frontage(194)
    Lot
    • Size: 0.59 Acres
    • Dimensions: 132x194
    • Features: 0-2.9999
    Details
    • Additional structures: Shed(s)
    • Parcel number: 851927402037.000006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Wood Siding
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: La Fontaine

    Financial & listing details

    • Tax assessed value: $162,800
    • Annual tax amount: $2,936
    • Date on market: 10/25/2024
    • Inclusions: Building, Land, Lease
    • Lease term: 12 Months
    • Total actual rent: 4800
    • Tenant pays: Electricity, Sewer, Water

    Price history

    DateEventPrice
    12/18/2024Sold$205,000-12.8%
    Source: IRMLS #202441540 Report a problem
    12/16/2024Pending sale$235,000
    Source: IRMLS #202441540 Report a problem
    10/25/2024Listed for sale$235,000+370%
    Source: IRMLS #202441540 Report a problem
    8/9/2024Sold$50,000
    Source: IRMLS #202429799 Report a problem
    8/7/2024Pending sale$50,000
    Source: IRMLS #202429799 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,006 +2.4%$162,800 +8.3%
    2024$2,936 +10.8%$150,300 +2.5%
    2023$2,649 +9.1%$146,700 +10.8%
    2022$2,428 +8.3%$132,400 +9.2%
    2021$2,241 +1.5%$121,300 +8.4%
    2020$2,209 +4.7%$111,900 +1.5%
    2019$2,110 +3.8%$110,300 +4.6%
    2018$2,032 +9.4%$105,400 +2.9%
    2017$1,859 $102,400 -14.3%
    2016$1,859 +7.8%$119,500 -5.9%
    2014$1,724 -4.4%$127,000 +2.1%
    2013$1,805 +4.4%$124,400 +7.1%
    2011$1,728 -1.4%$116,100 -0.9%
    2010$1,753 +9.5%$117,100 -3.5%
    2009$1,600 -28.1%$121,300 +7.4%
    2006$2,225 $112,900 +4.8%
    2005-- $107,700
    Find assessor info on the county website

    Neighborhood: 46940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southwood
    • Middle: Southwood
    • High: Southwood
    • District: MSD of Wabash County Schools

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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