NOT LISTED FOR SALE

1117 Garden St Elkhart, IN 46514

Northside Neighborhood

Estimated Value: $155,000 - $246,000

3 Beds
2 Baths
1,875 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $44,900 $24 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $1,167/month

183 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • Carpet
  • Forced Air Heating System
  • Walk-Up Access

About This Home

As of February 2017

Fantastic opportunity! 2 -unit income property with large bedrooms. Located in a desirable area close to churches, shopping and parks. Several windows have just been replaced. Main level unit offers laundry facilities in breezeway. 2 car garage off alley entry has a newer roof.

Last Agent to Sell the Property

Tonia Burton-Price

Price Investments Listed on: 07/20/2016

Last Buyer's Agent

Elisabeth Arvoy

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,602 Sq Ft Lot
  • Lot Dimensions are 49 x 112

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Walk-Up Access
  • Stone or Rock in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Beardsley Elementary School
  • North Side Middle School
  • Elkhart Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 20-02-32-479-018.000-027

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,170
  • Fuel Expense $1,170
  • Water Sewer Expense $804

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LACY'S LOT 5 |
  • Parcel Number ID: 20-02-32-479-018.000-027
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Garage Door Opener, Water Heater Gas
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2810
  • Total Finished Sq Ft: 1875
  • Above Grade Finished Sq Ft: 1875
  • Below Grade Sq Ft: 935
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished, Walk-up
  • Basement Material: Stone
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 935
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Garage, Gravel, Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Electric: 1170
  • Annual Fuel Expense: 1170
  • Annual Water Sewer Expense: 804
  • Number Electric Meters: 1
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Beardsley

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 49 X 112
  • Estimated Lot Sq Ft: 5602
  • Estimated Lot Size Acres: 0.1286
  • Lot Number: 5

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 1453

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Feb 10, 2017
Sold by
Reichanadter Carl J and Reichanadter Jeff A
Bought by
Phrasattha Anousith
Seller's Agent
Tonia Burton-Price
Price Investments
Buyer's Agent
Elisabeth Arvoy
Cressy & Everett- Elkhart
List Price
$69,900
Sold Price
$44,900
Premium/Discount to List
-$25,000
-35.77%
Current Estimated Value
$177,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,972
Avg. Annual Appreciation
17.81%
Original Mortgage
$33,675
Outstanding Balance
$27,659
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$162,233

Purchase Details

Closed on
Feb 4, 2004
Sold by
Reichanadter Carl J
Bought by
Reichanadter Carl J and Reichanadter Jeff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2002
Sold by
Blough Gene A and Blough Mary Ellen
Bought by
Baker Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,160
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phrasattha Anousith -- Meridian Title
Reichanadter Carl J -- Century Title Services
Reichanadter Carl J -- Century Title Services
Baker Martha -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phrasattha Anousith $33,675
Previous Owner Reichanadter Carl J $72,900
Previous Owner Baker Martha $65,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $44,900 -35.8% $24 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $69,900 -- $37 / 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 $2,780 $149,200 $10,400 $138,800
2022 $1,615 $121,900 $10,400 $111,500
2021 $1,522 $74,300 $10,600 $63,700
2020 $1,630 $74,800 $10,600 $64,200
2019 $1,623 $74,800 $10,600 $64,200
2018 $1,632 $74,700 $10,600 $64,100
2017 $1,504 $68,600 $10,600 $58,000
2016 $1,500 $68,600 $10,600 $58,000
2014 $1,413 $66,300 $10,600 $55,700
2013 $1,326 $66,300 $10,600 $55,700
Source: Public Records

Agents Affiliated with this Home

  • Tonia Burton-Price

    Seller's Agent in 2017

    Tonia Burton-Price

    Price Investments

    (574) 361-3625

    76 Total Sales

    Tonia Burton-Price
    Section Image
  • Elisabeth Arvoy

    Buyer's Agent in 2017

    Elisabeth Arvoy

    Cressy & Everett- Elkhart

    (574) 538-1269

    42 Total Sales

    Elisabeth Arvoy
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201633809

Indiana Regional MLS

APN: 20-02-32-479-018.000-027

Indiana Elkhart County Elkhart 46514 Northside

1117 Garden St, Elkhart, IN

Not Listed for Sale

MultiFamily

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