$112,000
SOLD DEC 23, 2024

1107 Bower St Elkhart, IN 46514

Bower Neighborhood
3 Beds
1.5 Baths
1,282 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

17% Below List Price

60 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Income-producing property with strong potential! This property offers steady rental income, with some maintenance updates needed. The roof and furnace are both 15 years old, while the water heater is 10 years old and the A/C is only 2 years old, ensuring efficient cooling. The plumbing is original, and the kitchen cabinets were updated 10 years ago. The property requires 5 new windows, providing an excellent opportunity for customization and value-add improvements. Ideal for investors seeking a solid rental asset with manageable updates.

Last Agent to Sell the Property

Todd Bailey

Ever Real Estate Listed on: 09/26/2024

Last Buyer's Agent

Jackie Mahony

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1924

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x137

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-06-06-405-007.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1924
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Wards 1st Lot 12
  • Parcel Number ID: 20-06-06-405-007.000-012
  • Platted: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1882
  • Total Finished Sq Ft: 1282
  • Above Grade Finished Sq Ft: 1282
  • Below Grade Sq Ft: 600
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x11, On Level: Main
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Extra Room: Sun Room, Dimensions: 16x7, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Upper
  • Bedroom 2: Dimensions: 8x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Main Level Sq Ft: 747
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 600

Exterior Features

  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 9x14
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Mary Daly

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50X137
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16

Tax Info

  • Annual Taxes: 2373.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 23, 2024
Sold by
Behmer John R
Bought by
Johnson Matthew
Seller's Agent
Todd Bailey
Ever Real Estate
Buyer's Agent
Jackie Mahony
Coldwell Banker Real Estate Group
List Price
$134,900
Sold Price
$112,000
Premium/Discount to List
-$22,900
-16.98%
Views
121
Current Estimated Value
$124,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,962
Avg. Annual Appreciation
12.08%
Original Mortgage
$89,600
Outstanding Balance
$88,894
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$36,068
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

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $112,000 -2.5% $87 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $114,900 -4.2% $90 / Sq Ft
10/18/2024 10/18/24 Price Changed $119,900 -7.7% $94 / Sq Ft
10/03/2024 10/03/24 Price Changed $129,900 -3.7% $101 / Sq Ft
09/26/2024 09/26/24 For Sale $134,900 -- $105 / 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 $2,374 $123,500 $18,900 $104,600
2022 $2,374 $42,300 $18,900 $23,400
2021 $1,947 $95,300 $18,900 $76,400
2020 $1,939 $89,300 $18,900 $70,400
2019 $1,780 $82,300 $18,900 $63,400
2018 $1,720 $79,000 $18,900 $60,100
2017 $1,610 $73,700 $18,900 $54,800
2016 $1,576 $72,100 $18,900 $53,200
2014 $1,482 $69,700 $18,900 $50,800
2013 $1,362 $68,100 $18,900 $49,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Todd Bailey

    Ever Real Estate

    (888) 893-3537

    1 in this area

    16 Total Sales

    Todd Bailey
    Section Image
  • Jackie Mahony

    Buyer's Agent in 2024

    Jackie Mahony

    Coldwell Banker Real Estate Group

    (574) 612-3243

    3 in this area

    185 Total Sales

    Jackie Mahony
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202437328

Indiana Regional MLS

APN: 20-06-06-405-007.000-012

Indiana Elkhart County Elkhart 46514 Bower

1107 Bower St, Elkhart, IN

Sold

Detached

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