NOT LISTED FOR SALE

1041 Cassopolis St Elkhart, IN 46514

Northside Neighborhood

Estimated Value: $150,000 - $186,922

4 Beds
3 Baths
1,944 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2026

Last sale price $155,000 $80 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,136 / mo

161 Days on Market

About This Home

As of January 2026

Turnkey Investment with Strong Income Potential! This well-located triplex offers a great opportunity for steady rental income. Situated on a large lot with ample off-street parking, the property is just a short walk to downtown.

Last Agent to Sell the Property

Steve Miller

RE/MAX Results Brokerage Phone: 574-533-9581 Listed on: 07/07/2025

RE/MAX Results

Last Buyer's Agent

Allison Lehman

Bright Star Real Estate Services LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1900

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 66x165

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Woodland Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, heating, lawn maintenance, maintenance, sewer, tax, water
  • Assessor Parcel Number 20-02-32-456-016.000-027

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,437
  • Insurance Expense $1,311
  • Water Sewer Expense $709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,796

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SW SE SEC 32 .25A
  • Parcel Number ID: 20-02-32-456-016.000-027
  • Platted: Yes
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2928
  • Total Finished Sq Ft: 1944
  • Above Grade Finished Sq Ft: 1944
  • Below Grade Sq Ft: 984
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Stone
  • Main Level Sq Ft: 984
  • Total Below Grade Sq Ft: 984
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 8
  • Parking: Lot, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1437
  • Annual Insurance Expense: 1311
  • Annual Water Sewer Expense: 709
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • Elementary School: Woodland

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 66x165
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 2796.48

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Jan 28, 2026
Sold by
Love Well Properties Llc
Bought by
Dynamic Management Llc
Seller's Agent
Steve Miller
RE/MAX Results
Buyer's Agent
Allison Lehman
Bright Star Real Estate Services LLC
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Views
107
Current Estimated Value
$166,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,981
Avg. Annual Appreciation
30.46%
Original Mortgage
$117,876
Outstanding Balance
$117,650
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$49,331

Purchase Details

Closed on
Apr 28, 2022
Sold by
Sandbaggers Llc
Bought by
Love Well Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,039
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2020
Sold by
Mfceo Llc
Bought by
Sandbaggers Llc

Purchase Details

Closed on
Oct 26, 2017
Sold by
Gaddis Richard L
Bought by
Mfceo Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Dynamic Management Llc -- Near North Title Group
Love Well Properties Llc -- Near North Title Group
Sandbaggers Llc -- None Available
Mfceo Llc -- Hamilton National Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Dynamic Management Llc $117,876
Previous Owner Love Well Properties Llc $126,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2026 01/28/26 Sold $155,000 -8.8% $80 / Sq Ft
12/15/2025 12/15/25 Pending -- -- --
09/29/2025 09/29/25 For Sale $169,900 0.0% $87 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
09/10/2025 09/10/25 Price Changed $169,900 -8.9% $87 / Sq Ft
07/07/2025 07/07/25 For Sale $186,500 -- $96 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,796 $145,000 $15,800 $129,200
2024 $2,323 $137,500 $15,800 $121,700
2022 $2,323 $121,300 $15,800 $105,500
2021 $1,534 $74,900 $0 $74,900
2020 $1,632 $74,900 $0 $74,900
2019 $1,626 $74,900 $15,800 $59,100
2018 $1,634 $74,800 $15,800 $59,000
2017 $1,623 $74,100 $15,800 $58,300
2016 $1,589 $72,700 $15,800 $56,900
2014 $1,546 $72,500 $15,800 $56,700
2013 $1,450 $72,500 $15,800 $56,700
Source: Public Records

Agents Affiliated with this Home

  • Steve Miller

    Seller's Agent in 2026

    Steve Miller

    RE/MAX

    (574) 238-1436

    2 in this area

    338 Total Sales

    Steve Miller
    Section Image
  • Allison Lehman

    Buyer's Agent in 2026

    Allison Lehman

    Bright Star Real Estate Services LLC

    (574) 253-8752

    1 in this area

    20 Total Sales

    Allison Lehman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202526171

Indiana Regional MLS

APN: 20-02-32-456-016.000-027

Indiana Elkhart County Elkhart 46514 Northside

1041 Cassopolis St, Elkhart, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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