$35,000
SOLD APR 21, 2016
6 Beds
3 Baths
2,924 Sq Ft
10,363 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

341 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Luxury Vinyl Tile Flooring

About This Home

As of July 2018

Good income producing property priced to sell! Won't last long!

Last Agent to Sell the Property

Nate Roll

Rock Auctioneers & Real Estate Listed on: 05/14/2015

Last Buyer's Agent

Nate Roll

Rock Auctioneers & Real Estate Listed on: 05/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 10,363 Sq Ft Lot
  • Lot Dimensions are 66x157
  • Level Lot

Home Design

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

Interior Spaces

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

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Mary Beck Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, lawn maintenance, maintenance, sewer, tax
  • Assessor Parcel Number 20-06-04-482-016.000-012

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,500
  • Insurance Expense $1,944
  • 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: 126
  • 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: 100
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 1400
  • Year Taxes Payable: 2013
  • 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: 11.97
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Main Level Sq Ft: 1462
  • Total Below Grade Sq Ft: 1388
  • Number Of Ranges Ovens: 3

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Annual Fuel Expense: 2500
  • Annual Insurance Expense: 1944
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1200
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 66x157
  • Estimated Lot Sq Ft: 10363
  • Estimated Lot Size Acres: 0.2379
  • Lot Number: 12

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Heating, Lawn Maintenance, Maintenance, Sewer, Tax
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 51400
  • Annual Property Tax: 1028

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 3

MLS Schools

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

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
$188,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,103
Avg. Annual Appreciation
29.74%

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

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 Type Sale Price Title Company
Warranty Deed -- New Title Company Name
Warranty Deed -- New Title Company Name
Warranty Deed -- New Title Company Name
Warranty Deed -- New Title Company Name
Warranty Deed -- Hamilton National Title Llc
Quit Claim Deed -- Landamerican Lawyers Title
Warranty Deed -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,600 Unknown
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

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Map

Source: Indiana Regional MLS

MLS Number: 201521783

Indiana Regional MLS

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