512 W Central Ave Bluffton, IN 46714

2 beds · 1 bath · 1,300 sq ft · Lot Size: 8,250 sq ft · Single Family Home
Est. Property Value: $96,627

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512 W Central Ave is in the 46714 neighborhood of Bluffton, IN. It is located in Wells County and ZIP code 46714. This Single Family Home was built in 1904 and is approximately 121 years old. The single family home spans 1300 sq ft with 2 bedrooms and 1 bathroom and sits on a 8250 sq ft lot. According to public records, it was last sold in 2021 for $103,535 and has a tax-assessed value of $95,000, which is $74 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 512 W Central Ave Bluffton, IN 46714 with Property Intel by Whitepages.

512 W Central Ave

Bluffton, IN 46714

Neighborhood

Owners & Occupancy for 512 W Central Ave

No contact information is available.

Occupancy

Property Financials for 512 W Central Ave

512 W Central Ave, Bluffton, IN has a mortgage from Crosscountry Mtg Inc (orig. June 02, 2021). The Wells county assessment for 2023 values it at $95,000, with annual taxes of $482.

Mortgage & Equity Information

Loan Amount$*****
LenderCrosscountry Mtg Inc
Origination DateJune 02, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateJune 01, 2021
Property Tax Amount$482 in 2023
Purchase Price$103,535
Assessed Value$95,000 on 2023

Investment Potential for 512 W Central Ave

The property has a current estimated value of $96,627, which is 20% below the zip median, based on public records. It last sold on June 01, 2021 for $104K. Projected long-term
is $20,400 annually ($1,700 per month) with a 91% occupancy rate.

Discover more Single Family Homes in 46714.

Long-Term

Gross Rental
$20,400 per year($1,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 46714 zip code
 
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Property Details for 512 W Central Ave

Property Details

Property Sq Ft

Living Area

1,300 sq ft

14% above market

Lot Size

8,250 sq ft

7% below market

Price Per Sq Ft

Living Area

$74 / sq ft

32% below market

Lot Size Area

$12 / sq ft

8% below market

Property condition, age, exterior, etc. for 512 W Cent…
Longitude: -85.176898 Latitude: 40.735398 Parcel Number (APN): 90-08-04-521-013.000-004…

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Discover more single family homes near 512 W Central Ave in Bluffton, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 512 W Central Ave in Wells County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$96,627
$135,098
-$38,470 (-28%)
$216,418
-$106,018 (-49%)
YoY Price Change
5.26%
-186%
Year Built
1904
1947
-43 years
Living Space
1,300 sq ft
1,104 sq ft
196 (18%)
$ Per Living Sq Ft
$74
$120
-$45 (-38%)
Lot Size
8,250 sq ft
8,260 sq ft
-10 (0%)
$ Per Lot Sq Ft
$12
$14
-$2 (-16%)

Net Operating Income
$13,906
$2,564 (18%)
Annual Revenue
$20,400
$18,600
$1,800 (10%)
$4,331
-$401 (-9%)
Net Operating Income
$13,906
$2,564 (18%)
Cap Rate
10.27%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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