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$239,000   Price Analysis
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1600 High St
Logansport, IN 46947
6 bed 3 bath 3,160 SqFt ($75/SqFt)
0.31 acre lot. Built 1900
Listed 2024-05-20, Taxes $1,813
USDA Eligible
near Logansport, IN
 Restrictions may apply
due to home size

This large home has 3 apartments that are currently rented out on a month-to-month basis.

The main floor 3-bedroom apartment has been updated and rents for $1200 a month. The upstairs unit has 2 bedrooms and rents for $850 per month while the other apartments is a 1 bedroom and rents for up to $750 a month.

Start getting income immediately wi th ths large investment property.


Presented by Stephanie Helton at
Pacesetters Real Estate.


Property MLS #202417914 from IRMLS

Bedrooms: 6

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Fuel Expense: 2400
Heating Features: Gas

Furnished Description: Building
Flooring: Laminate

Basement Description: Partial Basement, Unfinished

Lot Description: Level
Lot Size Acres: 0.3143939
Lot Size Dimensions: 83 X 165
Lot Size Square Feet: 13695

Garage Spaces: 6

Elementary School: Columbia
High School: Logansport
Middle School: Logansport
School District: Logansport Community School Corp

Logansport Community High School is a public middle and high school located approximately 1.2 miles away.
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Century Career Center is a public elementary, middle and high school located approximately 1.1 miles away.
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All Saints Catholic School is a private elementary school located approximately 1.1 miles away.
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Number of Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Unit 1 Total Actual Rent: 1200
Unit 2 Total Actual Rent: 850
Unit 3 Total Actual Rent: 750

Income Includes: 33600
Lease Term: Month to Month
Tenant Pays: Electric

Maintenance Expense: 350

Community Features: Basement, Ceiling Fan, Water Heater Gas

Annual Tax Amount: 1971
Source Listing Status: Active
County: Cass County
Directions: High Street to the corner of 16th.
Source Property Type: INVESTMENT
Insurance Expense: 1588
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Owner Pays: Fuel, Water
Parcel Number: 09-17-60-224-014.000-010
Township: Eel
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$77,100 + $13,500
$90,600
$1,813
2021$69,100 + $13,500
$82,600
$1,653
2020$60,000 + $13,500
$73,500
$1,471
2019$53,600 + $13,500
$67,100
$1,417
2019$57,300 + $13,500
$70,800
$1,417
2018$50,400 + $15,900
$66,300
$1,343
2017$45,000 + $15,900
$60,900
$1,327
2016$49,200 + $15,900
$65,100
$1,219
2015$52,600 + $15,900
$68,500
$1,303
2013$54,000 + $15,900
$69,900
$3,461
2012$54,500 + $15,900
$70,400
$2,720
2011$71,500 + $15,200
$86,700
$1,735
2010$72,200 + $15,200
$87,400
$1,918
2008$72,200 + $14,600
$86,800
$3,091

Listed 2024-05-20
$239,000
IRMLS
Listing removed 2017-09-10
$59,900
IRMLS
Listing removed 2017-03-28
$59,900
centralindiana
Listed 2017-02-09
$59,900
IRMLS
Listed 2017-02-09
$59,900
centralindiana
Listing removed 2016-06-17
$59,900
centralindiana
Listed 2015-02-16
$59,900
centralindiana

Net Operating Income: 25491

Total Square Feet Living: 3160
Year Built: 1900
Above Grade Finished Area: 3160
Property Age: 124
Levels or Stories: 2
Structure Type: Triplex
House Style: Two Story
Total Area Main: 1580
Total Area Sqft: 3160
Total Area Upper: 1580

Sewer: City
City
Water Sewer Expense: 1800
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.