NOT LISTED FOR SALE

1027 Edwardsburg Ave Elkhart, IN 46514

Estimated Value: $208,000 - $233,064

4 Beds
2 Baths
2,068 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $94,000 $45 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,372/month

27 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Level Lot
  • Laundry in Utility Room
  • 2 Car Garage
  • Wood Siding

About This Home

As of December 2015

Move right in to this beautiful home and collect rent from your tenants! 2 newly finished residences in this home! Both are fantastic, how do you decide on one? All new appliances in both units, new flooring, remodeled baths, large bedrooms, new windows, double lot. Keep the 2 car garage for yourself and share the laundry room if you want. Taxes will lower with owner occupied exemption. Could use 2nd unit as mother in law suite. Per Indiana tax estimator, with mortgage and homestead exemptions, taxes would be $1036.

Last Agent to Sell the Property

Jackie Frient

Market Place Realty, Inc. Listed on: 08/27/2015

Last Buyer's Agent

Juanita Whitacre

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1908

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 95 x 107
  • Level Lot

Home Design

  • Duplex
  • Wood Siding
  • Composite Building Materials

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating
  • Assessor Parcel Number 20-02-32-352-021.000-027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,115

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1908
  • Age: 107
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WEAVERS LOT 12 & 13 & 1/2 VAC ALLEY ADJ SW | WEAVERS LOT 12 & 13 & 1/2 VAC ALLEY ADJ SW
  • Parcel Number ID: 20-02-32-352-021.000-027
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Countertops-Laminate, Garage Door Opener, Porch Open, Water Heater Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.05
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3102
  • Total Finished Sq Ft: 2068
  • Above Grade Finished Sq Ft: 2068
  • Below Grade Sq Ft: 1034
  • Price Per Sq Ft: 45.45
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1034
  • Number Of Disposals: 1
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Composite
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Daly
  • Middle School: West Side
  • High School: Memorial
  • Elementary School: Mary Daly

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 95 x 107
  • Estimated Lot Sq Ft: 10149
  • Estimated Lot Size Acres: 0.233

Rental Info

  • Owner Pays: Heating
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 99200
  • Annual Property Tax: 2115

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Dec 3, 2015
Sold by
Lakner Construction & Development Llc
Bought by
Ramirez Milca
Seller's Agent
Jackie Frient
Market Place Realty, Inc.
Buyer's Agent
Juanita Whitacre
Berkshire Hathaway HomeServices Elkhart
List Price
$94,900
Sold Price
$94,000
Premium/Discount to List
-$900
-0.95%
Current Estimated Value
$222,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,016
Avg. Annual Appreciation
8.47%
Original Mortgage
$89,300
Outstanding Balance
$71,297
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$136,596

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 25, 2015
Sold by
The Bank Of New York Mellon
Bought by
Lakner Construction & Development Llc
Seller's Agent
Kendrae Hilty
RE/MAX 100 Elkhart
Buyer's Agent
Jackie Frient
Market Place Realty, Inc.
List Price
$10,200
Sold Price
$20,150
Premium/Discount to List
$9,950
97.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
802.62%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Easton Linda S and Easton Jeffrey L
Bought by
The Bank Of New York York Mellon and Bank Of New York
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramirez Milca -- Title Resource Agency
Lakner Construction & Development Llc -- None Available
The Bank Of New York York Mellon $87,166 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Milca $89,300
Previous Owner Easton Linda $90,400
Previous Owner Easton Linda $22,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $94,000 -0.9% $45 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $94,900 +371.0% $46 / Sq Ft
03/26/2015 03/26/15 Sold $20,150 +97.5% $10 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $10,200 -- $5 / 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 $2,054 $220,100 $15,200 $204,900
2022 $1,457 $173,000 $15,200 $157,800
2021 $1,544 $151,100 $15,200 $135,900
2020 $1,472 $136,700 $15,200 $121,500
2019 $1,428 $133,100 $15,200 $117,900
2018 $1,134 $105,900 $14,200 $91,700
2017 $1,060 $99,000 $14,200 $84,800
2016 $1,029 $96,400 $14,200 $82,200
2014 $2,115 $99,200 $14,200 $85,000
2013 -- $99,200 $14,200 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201541343

Indiana Regional MLS

APN: 20-02-32-352-021.000-027