Zip Code
205 N Shaffer St, Milford, IN 46542
3 beds · 1 bath · 1,808 sq ft · Lot: 17,424 sq ft · Single Family Home · Last Sold: $151K in 2013 · Built: 1893
Est. Value:
$194K
Est. Rent:
$2.3K/month

205 N Shaffer St Milford, IN 46542

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3 beds · 1 bath · 1,808 sq ft · Lot Size: 17,424 sq ft · Single Family Home
Est. Property Value: $193,806

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205 N Shaffer St is in the 46542 neighborhood of Milford, IN. It is located in Kosciusko County and ZIP code 46542. This Single Family Home was built in 1893 and is approximately 132 years old. The single family home spans 1808 sq ft with 3 bedrooms and 1 bathroom and sits on a 17424 sq ft lot. According to public records, it was last sold in 2013 for $150,510 and has a tax-assessed value of $181,400, which is $107 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 205 N Shaffer St Milford, IN 46542 with Property Intel by Whitepages.

Investment Potential for 205 N Shaffer St

The property has a current estimated value of $193,806, which is 7% above the zip median, based on public records. It last sold on January 31, 2013 for $151K. Projected long-term
is $27,000 annually ($2,250 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 46542 zip code
 
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Owners & Occupancy for 205 N Shaffer St

This property is owned by Lauren M Lantz. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

OccupationSenior Scientist, Depuy Synthes
Cell Phone(770) ***-****View Cell Phone
Residence***********
Landline(574) 658-3355
Distance from Property**********
Email Address*************@gmail.comView Email

Property Ownership Information

Purchase DateJanuary 31, 2013
Property Tax Amount$1,432 in 2023
Purchase Price$150,510

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 39
Resident 2*************** age 38
Resident 3******************* age 56

Property Details for 205 N Shaffer St

Property Details

Property Sq Ft

Living Area

1,808 sq ft

13% above market

Lot Size

17,424 sq ft

18% below market

Price Per Sq Ft

Living Area

$107 / sq ft

17% below market

Lot Size Area

$11 / sq ft

6% below market

Property condition, age, exterior, etc. for 205 N Shaf…
Longitude: -85.8403 Latitude: 41.411835 Parcel Number (APN): 43-03-09-300-183.000-028…
Mortgage originated on through lender: Gvc Mtg for$******View Mortgage Details
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Market Benchmarks

Compare data for 205 N Shaffer St in Kosciusko County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$193,806
$210,100
-$16,294 (-8%)
$306,513
$36,523 (12%)
YoY Price Change
3.01%
109%
Year Built
1893
1972
-79 years
Living Space
1,808 sq ft
1,582 sq ft
226 (14%)
$ Per Living Sq Ft
$107
$138
-$30 (-22%)
Lot Size
17,424 sq ft
12,807 sq ft
4617 (36%)
$ Per Lot Sq Ft
$11
$19
-$8 (-43%)

Net Operating Income
$18,060
$2,471 (14%)
Annual Revenue
$27,000
$24,600
$2,400 (10%)
$5,949
$520 (9%)
Net Operating Income
$18,060
$2,471 (14%)
Cap Rate
7.89%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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