NOT LISTED FOR SALE

1120 Middlebury St Elkhart, IN 46516

Goshen Avenue Neighborhood

Estimated Value: $158,000 - $232,008

6 Beds
3 Baths
2,924 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $32,000 $11 Per Sq Ft

Est. 522% increase in value since last sale

Current estimated payment $1,319/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of July 2018

Great income with this three unit investment property. Priced to sell!

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 07/02/2018

RE/MAX Results-Goshen

Last Buyer's Agent

Darla Brock

SUNRISE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 10,363 Sq Ft Lot
  • Lot Dimensions are 66 x 157
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, fuel, lawn maintenance, maintenance, sewer, water
  • Assessor Parcel Number 20-06-04-482-016.000-012

Community Details

Overview

  • 21 Buildings
  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • Fuel Expense $2,500
  • Insurance Expense $1,950
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1890
  • Age: 128
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: E Elk SW Lot 12 |
  • Parcel Number ID: 20-06-04-482-016.000-012
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.2
  • Monthly Gross Income: 1733
  • Special Features: None

Interior Features

  • Total Sq Ft: 4312
  • Total Finished Sq Ft: 2924
  • Above Grade Finished Sq Ft: 2924
  • Below Grade Sq Ft: 1388
  • Price Per Sq Ft: 10.94
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1388
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 5
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Fuel Expense: 2500
  • Annual Insurance Expense: 1950
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Beck
  • Middle School: Pierre Moran
  • High School: Elkhart Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66 x 157
  • Estimated Lot Sq Ft: 10363
  • Estimated Lot Size Acres: 0.2379

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1733
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 3

Tax Info

  • Annual Property Tax: 876.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 2, 2018
Sold by
Myhome Properties Llc
Bought by
Soni Ramesh
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Darla Brock
SUNRISE Realty
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%
Current Estimated Value
$199,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,002
Avg. Annual Appreciation
29.83%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 31, 2018
Sold by
Myhome Properties Llc
Bought by
Soni Ramesh
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Darla Brock
SUNRISE Realty
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 27, 2018
Sold by
Myhome Properties Llc
Bought by
Soni Ramesh
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Darla Brock
SUNRISE Realty
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%

Purchase Details

Closed on
Jul 17, 2015
Sold by
Bachman Jeremy
Bought by
Bachuba George

Purchase Details

Closed on
Sep 7, 2005
Sold by
Shaffer Wendell L and Shaffer O
Bought by
Bachman Jeremy and Bachman George
Source: Public Records

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Range of Values:

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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
Soni Ramesh -- New Title Company Name
Myhome Properties Llc -- New Title Company Name
Soni Ramesh -- New Title Company Name
Myhome Properties Llc -- New Title Company Name
Soni Ramesh -- Hamilton National Title Llc
Bachuba George -- Landamerican Lawyers Title
Bachman Jeremy -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bachman Jeremy $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $32,000 -19.8% $11 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $39,900 +14.0% $14 / Sq Ft
04/21/2016 04/21/16 Sold $35,000 0.0% $12 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
05/14/2015 05/14/15 For Sale $35,000 -- $12 / 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 $2,525 $131,400 $14,900 $116,500
2022 $2,525 $119,500 $14,900 $104,600
2021 $2,118 $103,700 $14,900 $88,800
2020 $2,062 $94,800 $14,900 $79,900
2019 $1,800 $83,000 $14,900 $68,100
2018 $890 $40,400 $6,700 $33,700
2017 $892 $40,400 $6,700 $33,700
2016 $890 $40,400 $6,700 $33,700
2014 $861 $40,400 $6,700 $33,700
2013 $1,028 $51,400 $14,900 $36,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Miller

    Seller's Agent in 2018

    Steve Miller

    RE/MAX

    (574) 238-1436

    355 Total Sales

    Steve Miller
    Section Image
  • Darla Brock

    Buyer's Agent in 2018

    Darla Brock

    SUNRISE Realty

    (574) 596-1394

    1 in this area

    309 Total Sales

    Darla Brock
    Section Image
  • Nate Roll

    Seller's Agent in 2016

    Nate Roll

    Rock Auctioneers & Real Estate

    (574) 215-3866

    66 Total Sales

    Nate Roll
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201829757

Indiana Regional MLS

APN: 20-06-04-482-016.000-012

Indiana Elkhart County Elkhart 46516 Goshen Avenue

1120 Middlebury St, Elkhart, IN

This home is located at 1120 Middlebury St, Elkhart, IN 46516 since 02 July 2018 and is currently estimated at $199,002, approximately $68 per square foot. This property was built in 1890. 1120 Middlebury St is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

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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