NOT LISTED FOR SALE

1109 W Cleveland Ave Elkhart, IN 46516

Impact Neighborhood

Estimated Value: $90,000 - $107,000

4 Beds
2 Baths
1,440 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $63,000 $44 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $653/month

94 Days on Market

Highlights

  • Laundry closet
  • Forced Air Heating System
  • 1-Story Property
  • Multiple cooling system units
  • Carpet

About This Home

As of December 2016

Well maintained Investment property with two rental units. Original owner that built this building. Please allow 24 hr notice for showing as property is tenant occupied. Rents in the area start around $700/ month Landlord has been charging less than normal $525 & $535 with a $300 or $400 deposit. First year they have a lease after that they rent month to month.

Last Agent to Sell the Property

Juanita Whitacre

Berkshire Hathaway HomeServices Elkhart Brokerage Phone: 574-293-1010 Listed on: 08/16/2016

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Cliff Miller

Hallmark Excellence Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 165

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laundry closet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hawthorne Elementary School
  • Pierre Moran Middle School
  • Elkhart Memorial High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for tax, trash collection, water
  • Assessor Parcel Number 20-06-08-307-003.000-012

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $1,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$774

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1984
  • Age: 32
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WOLFS 2ND LOT 164 |
  • Parcel Number ID: 20-06-08-307-003.000-012
  • Platted: Yes
  • Amenities: Cable Available
  • Sp Lp Percent: 98.44
  • Zoning Description: RES TWO FAMILY PLATTED LOT520
  • Monthly Gross Income: 900
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 1440
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Price Per Sq Ft: 43.75
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 1440
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Utilities

  • Cooling: Window, Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1040

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Hawthorne
  • Middle School: Pierre Moran
  • High School: Elkhart Memorial
  • Elementary School: Hawthorne

Lot Info

  • Lot Dimensions: 66 x 165
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25
  • Lot Number: 164

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Total Assessed Value: 36300
  • Annual Property Tax: 774

Multi Family

  • Gross Monthly Rent: 900
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Selah Group Llc
Bought by
Js Haarer Investments Llc
Current Estimated Value
$97,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,125
Outstanding Balance
$51,000
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$63,462

Purchase Details

Listed on
Aug 16, 2016
Closed on
Dec 22, 2016
Sold by
Carter Carter J and Carter Lula B
Bought by
The Selah Group Llc
Seller's Agent
Juanita Whitacre
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Cliff Miller
Hallmark Excellence Realty
List Price
$64,000
Sold Price
$63,000
Premium/Discount to List
-$1,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$47,250
Interest Rate
3.94%
Mortgage Type
Commercial
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
Js Haarer Investments Llc $81,500 Near North Title Group
The Selah Group Llc -- Title Resource Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Js Haarer Investments Llc $61,125
Previous Owner The Selah Group Llc $47,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $63,000 -1.6% $44 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $64,000 -- $44 / 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 $1,492 $49,300 -- $49,300
2022 $1,013 $20,700 $12,900 $7,800
2021 $436 $20,700 $12,900 $7,800
2020 $463 $20,700 $12,900 $7,800
2019 $809 $36,900 $6,500 $30,400
2018 $834 $37,800 $6,500 $31,300
2017 $803 $36,300 $6,500 $29,800
2016 $801 $36,300 $6,500 $29,800
2014 $774 $36,300 $6,500 $29,800
2013 $818 $40,900 $20,100 $20,800
Source: Public Records

Agents Affiliated with this Home

  • Juanita Whitacre

    Seller's Agent in 2016

    Juanita Whitacre

    Berkshire Hathaway HomeServices Elkhart

    (574) 361-3958

    48 Total Sales

    Juanita Whitacre
    Section Image

  • C

    Buyer's Agent in 2016

    Cliff Miller

    Hallmark Excellence Realty

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201638250

Indiana Regional MLS

APN: 20-06-08-307-003.000-012

Indiana Elkhart County Elkhart 46516 Impact

1109 W Cleveland Ave, Elkhart, IN

This home is located at 1109 W Cleveland Ave, Elkhart, IN 46516 since 16 August 2016 and is currently estimated at $97,235, approximately $67 per square foot. This property was built in 1984. 1109 W Cleveland Ave is a home located in Elkhart County with nearby schools including Hawthorne Elementary School, Roosevelt STEAM Academy, and West Side Middle School.

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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