NOT LISTED FOR SALE

1018 S Main St Elkhart, IN 46516

Indiana Neighborhood

Estimated Value: $86,000 - $123,000

2 Beds
2 Baths
964 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $16,000 $17 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $686/month

63 Days on Market

Highlights

  • Covered Patio or Porch
  • Level Lot
  • 1-Story Property
  • Baseboard Heating
  • Carpet
  • 4-minute walk to Third & Park Playground

About This Home

As of July 2015

Two unit apartment building located close to downtown and within walking distance to everything. Buyer to verify zoning, taxes, room sizes, square footage and schools.

Last Agent to Sell the Property

Shelley Tucker

Assurance Property Management & Realty Inc Listed on: 05/20/2015

Last Buyer's Agent

Orie Miller

Vision Realty Inc. Of Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 33 x 165
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Mary Beck Elementary School
  • North Side Middle School
  • Elkhart Central High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, lawn maintenance, snow removal, trash collection, water
  • Assessor Parcel Number 20-06-08-231-016.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $1,250
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 115
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: GOODSPEEDS N1/2 LOT 14 (TIF 136) |
  • Parcel Number ID: 20-06-08-231-016.000-012
  • Platted: Yes
  • Amenities: Cable Available, Porch Covered, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 66.67
  • Annual Miscellaneous: 1140
  • Monthly Gross Income: 950
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 1764
  • Total Finished Sq Ft: 964
  • Above Grade Finished Sq Ft: 964
  • Below Grade Sq Ft: 800
  • Price Per Sq Ft: 16.6
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 964
  • Total Below Grade Sq Ft: 800
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 1250
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Beck
  • Middle School: North Side
  • High School: Elkhart Central
  • Elementary School: Mary Beck

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 33 x 165
  • Estimated Lot Sq Ft: 5445
  • Estimated Lot Size Acres: 0.125
  • Expiration Of Permit: 08/01/2016

Rental Info

  • Owner Pays: Fuel, Lawn Maintenance, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2

Tax Info

  • Annual Property Tax: 980

MLS Schools

  • High School: Elkhart Central
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Ripplecreek Llc
Bought by
Oasis 17 Properties Llc
Current Estimated Value
$107,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,750
Outstanding Balance
$480,046
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$384,046

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 28, 2015
Sold by
Davidson Jeremy D and Davidson Heather L
Bought by
Ripplecreek Llc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Orie Miller
Vision Realty Inc. Of Elkhart
List Price
$35,000
Sold Price
$16,000
Premium/Discount to List
-$19,000
-54.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.29%
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
Oasis 17 Properties Llc $949,000 Heritage Parke Title Llc
Ripplecreek Llc -- Heritage Parke Title Llc Nap
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oasis 17 Properties Llc $711,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $16,000 -54.3% $17 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $35,000 -- $36 / 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 $1,430 $74,100 $10,100 $64,000
2022 $1,430 $50,600 $3,200 $47,400
2021 $550 $26,400 $10,100 $16,300
2020 $585 $26,400 $10,100 $16,300
2019 $791 $36,100 $3,200 $32,900
2018 $838 $38,000 $3,200 $34,800
2017 $777 $35,100 $3,200 $31,900
2016 $775 $35,100 $3,200 $31,900
2014 $964 $45,200 $10,100 $35,100
2013 $952 $47,600 $10,100 $37,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    1 in this area

    63 Total Sales

    Shelley Tucker
    Section Image

  • O

    Buyer's Agent in 2015

    Orie Miller

    Vision Realty Inc. Of Elkhart

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201523090

Indiana Regional MLS

APN: 20-06-08-231-016.000-012

Indiana Elkhart County Elkhart 46516 Indiana

1018 S Main St, Elkhart, IN

This home is located at 1018 S Main St, Elkhart, IN 46516 since 20 May 2015 and is currently estimated at $107,333, approximately $111 per square foot. This property was built in 1900. 1018 S Main St is a home located in Elkhart County with nearby schools including Mary Beck Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

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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