Zip Code
3705 E Forest Glen Ave, Leesburg, IN 46538
3 beds · 2 baths · 2,450 sq ft · Lot: 19,166 sq ft · Single Family Home · Last Sold: $337K in 2015 · Built: 1984
Est. Value:
$300K
Est. Rent:
$2.5K/month

3705 E Forest Glen Ave Leesburg, IN 46538

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3 beds · 2 baths · 2,450 sq ft · Lot Size: 19,166 sq ft · Single Family Home
Est. Property Value: $299,678

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3705 E Forest Glen Ave is in the 46538 neighborhood of Leesburg, IN. It is located in Kosciusko County and ZIP code 46538. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 2450 sq ft with 3 bedrooms and 2 bathrooms and sits on a 19166 sq ft lot. According to public records, it was last sold in 2015 for $337,250 and has a tax-assessed value of $459,900, which is $122 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3705 E Forest Glen Ave Leesburg, IN 46538 with Property Intel by Whitepages.

Investment Potential for 3705 E Forest Glen Ave

The property has a current estimated value of $299,678, which is 9% below the zip median, based on public records. It last sold on September 08, 2015 for $337K. Projected long-term
is $30,000 annually ($2,500 per month) with a 64% occupancy rate.

Discover more Single Family Homes in 46538.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
64%in 46538 zip code
 
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Owners & Occupancy for 3705 E Forest Glen Ave

This property is owned by David Leroy Goshert. Owner contact information includes 4 phone numbers and 6 email addresses.

Property Owners

OccupationOwner and Member and Agent, Goshert Insurance
Cell Phone(574) ***-****View Cell Phone
Residence************
Landline(574) 267-2139
Distance from Property**********
Email Address*************@gmail.comView Email

Property Ownership Information

Purchase DateSeptember 08, 2015
Property Tax Amount$1,676 in 2023
Purchase Price$337,250

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************
Resident 2*************** age 60
Resident 3*********
Resident 4******************* age 59

Property Details for 3705 E Forest Glen Ave

Property Details

Property Sq Ft

Living Area

2,450 sq ft

46% above market

Lot Size

19,166 sq ft

20% above market

Price Per Sq Ft

Living Area

$122 / sq ft

36% below market

Lot Size Area

$16 / sq ft

23% below market

Property condition, age, exterior, etc. for 3705 E For…
Longitude: -85.770752 Latitude: 41.328989 Parcel Number (APN): 43-07-12-200-158.000-016…
Mortgage originated on through lender: Union Hm Mtg for$******View Mortgage Details
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Recommended Properties in 46538

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Market Benchmarks

Compare data for 3705 E Forest Glen Ave in Kosciusko County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$299,678
$210,100
$89,578 (43%)
$306,513
$148,484 (48%)
YoY Price Change
3.01%
272%
Year Built
1984
1972
12 years
Living Space
2,450 sq ft
1,582 sq ft
868 (55%)
$ Per Living Sq Ft
$122
$138
-$15 (-11%)
Lot Size
19,166 sq ft
12,807 sq ft
6359 (50%)
$ Per Lot Sq Ft
$16
$19
-$4 (-19%)

Net Operating Income
$18,060
$4,062 (22%)
Annual Revenue
$30,000
$24,600
$5,400 (22%)
$5,949
$1,929 (32%)
Net Operating Income
$18,060
$4,062 (22%)
Cap Rate
7.89%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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