$150,000
SOLD SEP 30, 2020

1124 S 8th St Goshen, IN 46526

Parkside Neighborhood
4 Beds
2 Baths
2,056 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Carpet

About This Home

As of July 2022

Profitable income property on Goshen south side! Fully occupied, well maintained duplex. Newer roof and HVAC system. Great opportunity!

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 07/23/2020

RE/MAX Results-Goshen

Last Buyer's Agent

Eduardo Viruez

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 47x97
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, trash collection, water
  • The owner pays for building insurance, maintenance, sewer, tax, water
  • Assessor Parcel Number 20-11-15-302-027.000-015

Community Details

Overview

  • 2 Units
  • Goshen College Subdivision

Building Details

  • Insurance Expense $1,357

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,314

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1905
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Goshen College Ex E 49' Lot 28; (TIF 139)
  • Parcel Number ID: 20-11-15-302-027.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Near Walking Trail
  • Sp Lp Percent: 96.77
  • Monthly Gross Income: 1345
  • Year Taxes Payable: 2019/Pay 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3012
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 2056
  • Below Grade Sq Ft: 956
  • Price Per Sq Ft: 72.96
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 956
  • Number Of Ranges Ovens: 2
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1357

Schools

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

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 47x97
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Rental Info

  • Lease Term: 1 Year, Month to Month
  • Owner Pays: Building Insurance, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric, Heating, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 1345
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 3314.08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 23, 2022
Sold by
Armando Heras
Bought by
Benitez Angel
Seller's Agent
Eduardo Viruez
RE/MAX Results-Goshen
Buyer's Agent
Eduardo Viruez
RE/MAX Results-Goshen
List Price
$216,000
Sold Price
$216,000
Current Estimated Value
$219,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,022
Avg. Annual Appreciation
0.34%
Original Mortgage
$162,000
Outstanding Balance
$156,312
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$61,905

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 30, 2020
Sold by
Rdm 65750 Llc
Bought by
Heras Armando
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Eduardo Viruez
RE/MAX Results-Goshen
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%
Original Mortgage
$147,283
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2007
Sold by
Miller Roger K
Bought by
Rdm 65750 Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Thomas Steve and Thomas Linda
Bought by
Miller Roger K

Purchase Details

Closed on
Aug 30, 2002
Sold by
Riegsecker Rental Llc
Bought by
Thomas Steve and Thomas Linda
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed $148,755 Fidelity National Title
Warranty Deed -- Stewart Title
Warranty Deed -- Stewart Title
Warranty Deed -- Stewart Title
Warranty Deed -- Stewart Title Of Elkhart Of
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,000 New Conventional
Previous Owner $15,200 Credit Line Revolving
Previous Owner $147,283 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $216,000 0.0% $105 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $216,000 +44.0% $105 / Sq Ft
09/30/2020 09/30/20 Sold $150,000 -3.2% $73 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $155,000 -- $75 / 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 $4,624 $125,800 -- $125,800
2022 $4,624 $185,200 $16,400 $168,800
2021 $3,875 $162,500 $16,400 $146,100
2020 $2,815 $104,400 $0 $104,400
2019 $3,314 $133,800 $16,400 $117,400
2018 $2,964 $126,200 $16,400 $109,800
2017 $2,462 $120,400 $16,400 $104,000
2016 $2,662 $113,800 $16,400 $97,400
2014 $2,056 $99,800 $16,400 $83,400
2013 $2,060 $103,000 $16,400 $86,600
Source: Public Records

Agents Affiliated with this Home

  • Eduardo Viruez

    Seller's Agent in 2022

    Eduardo Viruez

    RE/MAX

    (574) 533-9581

    4 in this area

    259 Total Sales

    Section Image
  • Steve Miller

    Seller's Agent in 2020

    Steve Miller

    RE/MAX

    (574) 238-1436

    4 in this area

    356 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202028553

Indiana Regional MLS

APN: 20-11-15-302-027.000-015

Indiana Elkhart County Goshen 46526 Parkside

1124 S 8th St, Goshen, IN

This home is located at 1124 S 8th St, Goshen, IN 46526 and is currently priced at $150,000, approximately $72 per square foot. This property was built in 1905. 1124 S 8th 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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