1101 Fulton St Elkhart, IN 46514
Bower NeighborhoodEstimated Value: $245,000 - $265,400
3
Beds
4
Baths
2,352
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Corner Lot
- Forced Air Heating System
- Carpet
About This Home
As of March 2023Awesome four-unit moneymaker in popular Strong Ave area. This fully occupied investment home collects $3025 in rent per month and has had consistent occupancy for decades. All of the units have nice layouts and are well maintained. Currently the owner pays all utilities. This home provides a nice steady flow of income, is easy to fill, and will provide immediate return on investment for a new buyer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,140
Year Built
- Built in 1904
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x97
- Rural Setting
- Corner Lot
Parking
- 2 Parking Spaces
Home Design
- Quadruplex
- Brick Foundation
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Block Basement Construction
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Schools
- Mary Daly Elementary School
- West Side Middle School
- Elkhart High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for building insurance, electric, heating, lawn maintenance, sewer, snow removal, trash collection, water
- Assessor Parcel Number 20-06-06-406-009.000-012
Community Details
Overview
- 4 Units
- Ward Subdivision
Pet Policy
- Pet Restriction
Building Details
- Electric Expense $2,668
- Fuel Expense $2,293
- Water Sewer Expense $987
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2023
Closed on
Mar 29, 2023
Sold by
White Christopher A
Bought by
Hochstetler Lucas
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Lisa Schrock
Berkshire Hathaway HomeServices Elkhart
List Price
$240,000
Sold Price
$240,000
Total Days on Market
11
Views
73
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,600
Avg. Annual Appreciation
3.21%
Purchase Details
Closed on
Jan 14, 2004
Sold by
Keller Vance D and Keller Laura L
Bought by
White Christopher A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,850
Interest Rate
5.88%
Mortgage Type
Unknown
Similar Home in Elkhart, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hochstetler Lucas | $240,000 | Fidelity National Title Compan | |
| White Christopher A | -- | Century Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | White Christopher A | $86,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $240,000 | 0.0% | $102 / Sq Ft |
| 02/25/2023 02/25/23 | Pending | -- | -- | -- |
| 02/14/2023 02/14/23 | For Sale | $240,000 | -- | $102 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,462 | $184,400 | $15,400 | $169,000 |
| 2022 | $2,462 | $56,000 | $15,400 | $40,600 |
| 2021 | $1,155 | $56,000 | $15,400 | $40,600 |
| 2020 | $1,228 | $56,000 | $15,400 | $40,600 |
| 2019 | $1,374 | $63,000 | $4,100 | $58,900 |
| 2018 | $967 | $43,800 | $4,100 | $39,700 |
| 2017 | $970 | $43,800 | $4,100 | $39,700 |
| 2016 | $967 | $43,800 | $4,100 | $39,700 |
| 2014 | $938 | $43,800 | $4,100 | $39,700 |
| 2013 | $1,120 | $55,800 | $15,400 | $40,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Beer
Seller's Agent in 2023
Brad Beer
Heart City Realty LLC
(574) 875-5149
1 in this area
301 Total Sales
-
Lisa Schrock
Buyer's Agent in 2023
Lisa Schrock
Berkshire Hathaway HomeServices Elkhart
(574) 538-9366
5 in this area
475 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202304141
APN: 20-06-06-406-009.000-012
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