NOT LISTED FOR SALE

1118 S Main St Goshen, IN 46526

Parkside Neighborhood

Estimated Value: $149,000 - $256,000

3 Beds
3 Baths
1,688 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $65,000 $39 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $1,285/month

65 Days on Market

About This Home

As of May 2017

This tri-plex in Goshen would be a great investment property for anyone looking for a multi-unit home. One unit has been recently renovated. The other two units will need some work before being rented. Unit A is rented but tenants have failed to continue paying rent. Units B and C are vacant. Each Unit has its own electric and gas, but water is shared for building.

Last Agent to Sell the Property

Daniel Leroy

MHAR Property Management Listed on: 02/01/2017

Last Buyer's Agent

Jeff Birky

Berkshire Hathaway HomeServices Goshen

Berkshire Hathaway HomeServices Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,613

Year Built

  • Built in 1880

Lot Details

  • 5,480 Sq Ft Lot
  • Lot Dimensions are 66x83
  • Level Lot

Home Design

  • Triplex

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Parkside Elementary School
  • Goshen Middle School
  • Goshen High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, tax, water
  • Assessor Parcel Number 20-11-16-429-015.000-015

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $360
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,613

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Age: 137
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 66FT ON MAIN ST IN SEC 16 |
  • Parcel Number ID: 20-11-16-429-015.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Sp Lp Percent: 82.28
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 2088
  • Total Finished Sq Ft: 1688
  • Above Grade Finished Sq Ft: 1688
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 38.51
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 400
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Stories: 1.5

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 360
  • Annual Water Sewer Expense: 1000
  • Number Of W D Hookups: 1

Schools

  • School District: Goshen Community Schools
  • Elementary School: Parkside
  • Middle School: Goshen
  • High School: Goshen
  • Elementary School: Parkside

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x83
  • Estimated Lot Sq Ft: 5480
  • Estimated Lot Size Acres: 0.1258

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 1613

Multi Family

  • Number Of Refrigerators: 1
  • Number Of Units: 3
  • Num Of1 Bedrooms: 3
  • Num Of Units Rented: 1

MLS Schools

  • High School: Goshen
  • Middle School: Goshen
  • School District: Goshen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Shenk Aaron M and Shenk Elizabeth
Bought by
Red Maple Properties Llc
Current Estimated Value
$195,143

Purchase Details

Listed on
Feb 1, 2017
Closed on
May 10, 2017
Sold by
Greymorr Real Estate Llc
Bought by
Shenk Aaron M and Shenk Elizabeth L
Seller's Agent
Daniel Leroy
MHAR Property Management
Buyer's Agent
Jeff Birky
Berkshire Hathaway HomeServices Goshen
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$48,750
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2016
Sold by
Nebraska Alliance Realty Co
Bought by
Greymorr Real Estate Llc

Purchase Details

Closed on
Jan 13, 2016
Sold by
J & K Rentals Llc
Bought by
Nebraska Alliance Realty Co

Purchase Details

Closed on
Dec 30, 1999
Sold by
Yoder Jared E and Yoder Kaylene
Bought by
J & K Rentals Llc
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
Red Maple Properties Llc -- None Available
Shenk Aaron M -- None Available
Greymorr Real Estate Llc -- None Available
Nebraska Alliance Realty Co $26,000 None Available
J & K Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shenk Aaron M $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $65,000 -17.7% $39 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $79,000 -- $47 / 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 $3,016 $123,100 -- $123,100
2022 $3,016 $120,600 $13,200 $107,400
2021 $1,695 $70,500 $0 $70,500
2020 $1,906 $70,500 $0 $70,500
2019 $1,751 $70,400 $13,200 $57,200
2018 $1,660 $86,900 $13,200 $73,700
2017 $1,679 $81,900 $13,200 $68,700
2016 $1,662 $78,600 $13,200 $65,400
2014 $1,530 $74,300 $13,200 $61,100
2013 $1,486 $74,300 $13,200 $61,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daniel Leroy

    MHAR Property Management

    (574) 220-3705

    20 Total Sales

    Daniel Leroy
    Section Image
  • Jeff Birky

    Buyer's Agent in 2017

    Jeff Birky

    Berkshire Hathaway HomeServices Goshen

    (574) 534-1010

    100 Total Sales

    Jeff Birky
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201704051

Indiana Regional MLS

APN: 20-11-16-429-015.000-015

Indiana Elkhart County Goshen 46526 Parkside

1118 S Main St, Goshen, IN

This home is located at 1118 S Main St, Goshen, IN 46526 since 01 February 2017 and is currently estimated at $195,143, approximately $115 per square foot. This property was built in 1880. 1118 S Main St is a home located in Elkhart County with nearby schools including Parkside Elementary School, Goshen Jr. High School, and Goshen High 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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