NOT LISTED FOR SALE

1007 W Wolf Ave Elkhart, IN 46516

Impact Neighborhood

Estimated Value: $105,000 - $114,404

2 Beds
1 Bath
780 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $95,000 $122 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $696/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • Level Lot
  • Carpet
  • Ceiling Fan
  • Community Storage Space
  • 1-Story Property

About This Home

As of November 2022

**MULTIPLE OFFERS RECEIVED-please submit all offers by 5pm on Friday 11/4.** Excellent Investment in an income generating property! This single family rental has fresh paint, newer carpet, updated flooring in the kitchen and entryway in 2017, new countertops in 2017, new basement windows and has been beautifully maintained by the established tenant, who pays the utilities. Current lease expires 1/31/2023, Tenant would like to stay--great way to maintain consistent income!

Last Agent to Sell the Property

Carrie Smith

RE/MAX 100 Elkhart Listed on: 10/29/2022

RE/MAX 100 Elkhart

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1917

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44 x 115
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Schools

  • Hawthorne Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, sewer, trash collection, water
  • The owner pays for building insurance, maintenance
  • Assessor Parcel Number 20-06-08-352-007.000-012

Community Details

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $528
  • Maintenance Expense $308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,057

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1917
  • Age: 105
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: WOLFS 2ND 44X115FT NE COR; LOT 224
  • Parcel Number ID: 20-06-08-352-007.000-012
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Off Street Parking, Storage, Water Heater Gas
  • Sp Lp Percent: 118.75
  • Monthly Gross Income: 800
  • Year Taxes Payable: 2022
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 780
  • Above Grade Finished Sq Ft: 780
  • Below Grade Sq Ft: 780
  • Price Per Sq Ft: 121.79
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Mixed
  • Total Below Grade Sq Ft: 780
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 528.37
  • Annual Maintenance Expense: 308
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Hawthorne
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Hawthorne

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44 x 115
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: 6 Months
  • Owner Pays: Building Insurance, Maintenance
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 800
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Units: 1
  • Number Of Washers: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1057.28

MLS Schools

  • High School: Elkhart
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Nov 18, 2022
Sold by
Campbell David L
Bought by
Abc Real Estate & Rentals Llc
Seller's Agent
Carrie Smith
RE/MAX 100 Elkhart
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%
Views
14
Current Estimated Value
$107,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,410
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Campbell David L
Bought by
Campbell David L and Hopper Norman
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abc Real Estate & Rentals Llc -- Near North Title Group
Campbell David L -- Near North Title Group
Campbell David L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $95,000 +18.8% $122 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $80,000 -- $103 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,290 $66,700 $7,500 $59,200
2022 $1,290 $58,000 $7,500 $50,500
2021 $1,057 $51,400 $7,500 $43,900
2020 $1,043 $47,600 $7,500 $40,100
2019 $955 $43,700 $7,500 $36,200
2018 $888 $40,300 $7,500 $32,800
2017 $15 $38,800 $7,500 $31,300
2016 $15 $37,300 $7,500 $29,800
2014 $15 $37,800 $7,500 $30,300
2013 $15 $38,600 $7,500 $31,100
Source: Public Records

Agents Affiliated with this Home

  • Carrie Smith

    Seller's Agent in 2022

    Carrie Smith

    RE/MAX

    (574) 333-6977

    2 in this area

    92 Total Sales

    Section Image
  • Alex Lino

    Buyer's Agent in 2022

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    11 in this area

    142 Total Sales

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Map

Source: Indiana Regional MLS

MLS Number: 202244927

Indiana Regional MLS

APN: 20-06-08-352-007.000-012

Indiana Elkhart County Elkhart 46516 Impact

1007 W Wolf Ave, Elkhart, IN

This home is located at 1007 W Wolf Ave, Elkhart, IN 46516 since 29 October 2022 and is currently estimated at $109,468, approximately $140 per square foot. This property was built in 1917. 1007 W Wolf Ave is a home located in Elkhart County with nearby schools including Hawthorne Elementary School, Roosevelt STEAM Academy, and West Side Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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