Closed

$98,000

2402 State Road 427, Waterloo, IN 46793

5beds

2,340sqft

Duplex

Built in 1954

-- sqft lot

$199,100 Zestimate^®

$--/sqft

$1,183 Estimated rent

Home value

$199,100

$171,000 - $227,000

$1,183/mo

Zestimate^® history

Owner options

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$1,183/mo

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$1,183/mo

Rent Zestimate^®

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$466/mo

Est. payment

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$466/mo

Est. payment

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What's special

Newer replacement windows

Back on Market! Cash or Conventional loans only! Fully occupied duplex! 1170 sq ft per level! Built with concrete block foundation. Newer replacement windows and doors. Each unit has it's own propane furnace. (tank rented thro propane people and on a budget). Water softener in basement due to well water. This parcel itself has lots of room to add on or build another unit on. Upper unit is a 3 bedroom, 1 bath recently refreshed and rented at $ 635.00 per month plus utility reimbursements. Lower unit is a 2 bedroom 1 bath that is recently refreshed and rented at $ 650.00 a month plus utility reimbursements. Require 48 hour notice for showings to give tenants proper notice.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Propane, Forced Air

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater

Features

Ceiling Fan(s), Eat-in Kitchen
Flooring: Carpet, Laminate
Basement: Full,Block,Concrete,Sump Pump

Interior area

Total structure area: 3,510
Total interior livable area: 2,340 sqft
Finished area above ground: 2,340
Finished area below ground: 0

Property

Parking

Total spaces: 8
Parking features: Gravel, Off Street Parking

Features

Levels: Two
Stories: 2

Lot

Size: 0.5 Acres
Features: Corner Lot, Rural

Details

Additional structures: Shed(s)
Parcel number: 170235300002.000018

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Block, Vinyl Siding
Foundation: Basement
Roof: Metal

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: None

Location

Region: Waterloo

Financial & listing details

Tax assessed value: $167,600
Annual tax amount: $1,757
Date on market: 9/1/2023
Listing terms: Cash,Conventional
Inclusions: Building, Land, Lease
Lease term: 12 Months
Total actual rent: 15420
Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating, Snow Removal, Trash Collection, Water Softener

Price history

Date	Event	Price
8/31/2023	Sold	$98,000-10.8%
Source: IRMLS #202321676 Report a problem
8/18/2023	Pending sale	$109,900
Source: IRMLS #202321676 Report a problem
7/25/2023	Listed for sale	$109,900
Source: IRMLS #202321676 Report a problem
7/4/2023	Pending sale	$109,900
Source: IRMLS #202321676 Report a problem
6/23/2023	Listed for sale	$109,900+46.7%
Source: IRMLS #202321676 Report a problem
1/3/2019	Listing removed	$74,900$32/sqft
Source: Ness Bros. Realtors & Auctioneers #201828797 Report a problem
7/20/2018	Price change	$74,900-4%$32/sqft
Source: Real Living Ness Bros #201828797 Report a problem
7/2/2018	Listed for sale	$78,000+181.6%$33/sqft
Source: Real Living Ness Bros #201828797 Report a problem
4/12/2001	Sold	$27,700$12/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$627 +12.2%	$167,600 +3.7%
2024	$559 -57.3%	$161,600 +5%
2023	$1,309 -2.6%	$153,900 +12.9%
2022	$1,344 +4.1%	$136,300 +5.4%
2021	$1,291 -2.9%	$129,300 +1.3%
2020	$1,329 +394.1%	$127,700
2019	$269 -9.9%	$127,700 +455.2%
2018	$299 -53.8%	$23,000 +0.9%
2017	$647 +465.3%	$22,800 -59.4%
2016	$114 -29.7%	$56,100 -2.4%
2014	$163 +29.6%	$57,500 +10.6%
2013	$126 -7.2%	$52,000 +0.4%
2012	$135 -39.2%	$51,800 -31.9%
2011	$222 -80.3%	$76,100
2010	$1,129 +520.4%	$76,100
2009	$182 -20.2%	$76,100 +5%
2007	$228 -77.5%	$72,500 +3.7%
2006	$1,012	$69,900