Last Sold Price
48 beds11,700 sqft$30/sqft
1101-1107 Cambridge CtDecatur, IN46733

Description

24 unit 2 bedroom apartments located in Decatur, IN. 90%+ occupancy. 12 garages, and 3.5 acres additional land included in purchase.24 unit 2 bedroom apartments located in Decatur, IN. 90%+ occupancy. 12 garages, and 3.5 acres additional land included in purchase.
LISTING CLOSED: 04/26/2013 12:00 AM

  1. Listed by Steven Kreigh • Ideal REALTORS

Property Details for 1101-1107 Cambridge Court

Status
MLS #
201201964
Days on Market
288
Pet Policy
-
Taxes
$11,800 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / Apartment Complex
Year Built
1979
Style
Two Story
Subdivision
Winchester Estates
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of Ideal REALTORS

Sold By Krueckeberg Auction And Realty

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Building Information for 1101-1107 Cambridge Court

Building/Complex1101-1107 Cambridge CtFloor-Stories2Residences24Pet Policy-Pet Policy Details-Year Built1979Building Size-

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Property Information for 1101-1107 Cambridge Court

Summary
Location and General Information
  • Area: Adams County
  • City: Decatur
  • Zip Code: 46733
  • State: IN
  • Township: Root
  • Section Number: 33
  • Fips Code: 18001
  • Directions To Property: US Hwy 27, turn west at Wells Fargo Bank (Yorkshire Dr.) go to Cambridge Ct., turn south.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2013
  • Parcel Number Id: 010233200149000014
School Information
  • School District: North Adams Community
  • Elementary: Northwest
  • Middle School: Bellmont
  • High School: Bellmont
Parking
  • Number Of Parking Spaces: 12
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Complex
  • Approx Lot Size Acres: 4.5
  • Lot Dimensions: irreg
  • Lot Number: 0
  • Below Grade Unfin Sqft: 5850.0
  • Total Square Feet: 17550.0
  • Approx Lot Size Sqft: 196020.0
  • Above Grade Finished Sqft: 11700.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 5850.0
  • Total Finished Sqft: 11700.0
  • Lot Description: Irregular
Property and Assessments
  • New Construction: No
  • Year Built: 1979
  • Age: 34
Utilities
  • Sewer: City
  • Water Utility: City
  • Water Type: None
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Storage, Deck Open, Water Heater Electric
  • Exterior: Aluminum
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 24
  • Number of Disposals: 24
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 24
  • Number of Refrigerators: 24
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Basement/Foundation: Slab
  • Cooling: Wall AC
  • Flooring: Carpet, Vinyl Tile
  • Heating/Fuel: Electricity, Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 48
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 48
  • Total Number of Full Baths: 24
  • Total Number of Half Baths: 0
  • Total Baths: 24
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 24
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 22
  • Number of Buildings: 2
  • Number of Units: 24
Income & Expenses Information
  • Annual Electric Expense: $500.00
  • Annual Fuel Expense: $1,200.00
  • Annual Gross Rent $: $104,400
  • Annual Insurance Expense: $2,931
  • Annual Maint. Expense: $7,500
  • Annual Misc: $8,308
  • Annual Net Income: $64,342
  • Annual Property Tax: $11,800
  • Annual Trash Expense: $1,150
  • Annual Water/Sewer Exp: $9,600
  • Gross Monthly Income: $8,700
  • Gross Monthly Rent: $8,700
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Property History for 1101-1107 Cambridge Court

DateEvent & SourcePriceAppreciation
Apr 26, 2013

Sold

Indiana Regional MLS #201201964

$350,000
Apr 26, 2013

Pending

Indiana Regional MLS #201201964

Feb 16, 2012

Listed (Active)

Indiana Regional MLS #201201964

$450,000
DateEvent & SourcePrice
04/26/2013

Sold

Indiana Regional MLS #201201964

$350,000
04/26/2013

Pending

Indiana Regional MLS #201201964

02/16/2012

Listed (Active)

Indiana Regional MLS #201201964

$450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1101-1107 Cambridge Court

This home is within North Adams Community Schools.
Rating
School
Type
Grades
Distance
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Private - PK to 8
Rating
School
Distance
Bellmont Middle School
Public6 to 8

Bellmont Senior High School
Public9 to 12

St Joseph School
PrivatePK to 8

Zion Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ideal REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.