NOT LISTED FOR SALE

1051 Middlebury St Elkhart, IN 46516

Baker Park Neighborhood

Estimated Value: $162,000 - $241,000

5 Beds
3 Baths
3,328 Sq Ft
$59/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $70,000 $21 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,273/month

235 Days on Market

Highlights

  • Senior Community
  • Porch
  • Central Air
  • Traditional Architecture
  • Entrance Foyer
  • Level Lot

About This Home

As of July 2015

Unique opportunity. 3 unit building. Seller wishes to remain and rent back from new owner. 1 tenant has 10 year history. 2nd tenant over 1 year. The building has been well cared for and is in good condition with a good rental history.

Last Agent to Sell the Property

Joydeen Smith

SUNRISE Realty Listed on: 05/19/2014

Last Buyer's Agent

Steve Miller

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1905

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81 x 132
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Riverview Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Homestead Exemption
  • Tenant pays for electric
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 20-06-09-202-016.000-012

Community Details

Overview

  • Senior Community
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,341

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1905
  • Age: 110
  • Style: Multi-Story (3+)
  • Architectural Style: Traditional
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: IN NE 81X162FT on Midd Street Sec 9 33.A |
  • Parcel Number ID: 20-06-09-202-016.000-012
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Storage, Foyer Entry, Porch Open
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.33
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 4336
  • Total Finished Sq Ft: 3328
  • Above Grade Finished Sq Ft: 3328
  • Below Grade Sq Ft: 1008
  • Price Per Sq Ft: 21.03
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1008
  • Number Of Disposals: 1
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Stories: 3

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Riverview
  • Middle School: Pierre Moran
  • High School: Elkhart Central
  • Elementary School: Riverview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 81 X 132
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Lawn Maintenance
  • Tenant Pays: Electric

Tax Info

  • Exemptions: Over 65, Homestead

Multi Family

  • Gross Monthly Rent: 1500
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

MLS Schools

  • High School: Elkhart Central
  • Middle School: Pierre Moran
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2016
Sold by
Troyer Anthony Dale and Troyer James E
Bought by
Prmesa Llc
Current Estimated Value
$197,852

Purchase Details

Listed on
May 19, 2014
Closed on
Jul 1, 2015
Sold by
Day Gerald E
Bought by
Troyer Anthony Dale and Troyer James E
Seller's Agent
Joydeen Smith
SUNRISE Realty
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$48,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Day Gerald E
Bought by
Gerald E Day Revocable Trust

Purchase Details

Closed on
Apr 25, 2011
Sold by
Day Gerald E and Day Linda L
Bought by
Day Gerald E and Day Linda L
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
Prmesa Llc -- Meridian Title Corp
Troyer Anthony Dale -- None Available
Troyer Anthony Dale -- None Available
Gerald E Day Revocable Trust -- None Available
Day Gerald E -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Troyer Anthony Dale $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $70,000 -30.0% $21 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
05/19/2014 05/19/14 For Sale $100,000 -- $30 / 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 $2,341 $119,500 $15,300 $104,200
2022 $2,341 $109,200 $15,300 $93,900
2021 $1,968 $94,900 $15,300 $79,600
2020 $1,883 $85,800 $15,300 $70,500
2019 $1,712 $78,200 $15,300 $62,900
2018 $1,598 $72,500 $15,300 $57,200
2017 $1,515 $68,500 $15,300 $53,200
2016 $1,446 $65,500 $15,300 $50,200
2014 $1,026 $64,800 $15,300 $49,500
2013 $748 $72,800 $15,300 $57,500
Source: Public Records

Agents Affiliated with this Home

  • Joydeen Smith

    Seller's Agent in 2015

    Joydeen Smith

    SUNRISE Realty

    (574) 202-2820

    40 Total Sales

    Joydeen Smith
    Section Image
  • Steve Miller

    Buyer's Agent in 2015

    Steve Miller

    RE/MAX

    (574) 238-1436

    363 Total Sales

    Steve Miller
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201419058

Indiana Regional MLS

APN: 20-06-09-202-016.000-012

Indiana Elkhart County Elkhart 46516 Baker Park

1051 Middlebury St, Elkhart, IN

This home is located at 1051 Middlebury St, Elkhart, IN 46516 since 19 May 2014 and is currently estimated at $197,852, approximately $59 per square foot. This property was built in 1905. 1051 Middlebury St is a home located in Elkhart County with nearby schools including Riverview 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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