NOT LISTED FOR SALE

Estimated Value: $108,000 - $153,000

3 Beds
2 Baths
1,779 Sq Ft
$75/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $55,000 $31 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $912/month

1 Day on Market

About This Home

As of August 2017

Great Income Potential! Duplex, very convenient location close to businesses, restaurants and shopping. Ground floor unit has 2 beds, Living room, dining room, kitchen, one bath and an enclosed porch on the back. Gas furnace and water heater. Partially fenced, backyard upkeep is the responsibility of the lower lever tenant. Upper unit has 1 bed, Living Room, kitchen and bath. Front yard upkeep is responsibility of Upper unit tenant. Garage and driveway are shared between both units. There is one electric meter paid by management. Shared water and separate gas bills (separate water heaters and furnaces). Improvements: New Water heater in the past 10 years, New roof in the last 5 years, new siding in Spring 2016, some new windows in Summer 2016, some newer in the last 5 years.

Last Listed By

Gisele Robinson

Coldwell Banker Real Estate Group Listed on: 06/21/2017

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1900

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 54x120

Home Design

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

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for heating
  • The owner pays for electric, sewer, water
  • Assessor Parcel Number 20-02-32-457-004.000-027

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $1,212
  • Maintenance Expense $1,000
  • Water Sewer Expense $515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Andresen Sub Div Lot 1
  • Parcel Number ID: 20-02-32-457-004.000-027
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Cross Street: Bristol
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.82
  • Monthly Gross Income: 1100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2379
  • Total Finished Sq Ft: 1779
  • Above Grade Finished Sq Ft: 1779
  • Below Grade Sq Ft: 600
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Laminate, Wood
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Gravel

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 720
  • Annual Fuel Expense: 1212
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 514.92
  • Number Electric Meters: 1
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 54x120
  • Estimated Lot Sq Ft: 6490
  • Estimated Lot Size Acres: 0.149
  • Lot Number: 1

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Electric, Sewer, Water
  • Tenant Pays: Heating

Tax Info

  • Total Assessed Value: 57700
  • Annual Property Tax: 1246

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 4, 2017
Sold by
Phillips Paul and Phillips Elizabeth
Bought by
Staltari Antonio and Staltari Katherine
Seller's Agent
Gisele Robinson
Coldwell Banker Real Estate Group
Buyer's Agent
Josh Hendricks
Creekstone Realty
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Total Days on Market
1
Current Estimated Value
$132,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,615
Avg. Annual Appreciation
12.37%
Original Mortgage
$57,199
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2008
Sold by
Leiby Enterprises Llc
Bought by
Phillips Paul and Phillips Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2006
Sold by
Leiby Enterprise Llc
Bought by
Phillips Paul and Phillips Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2005
Sold by
Leiby Chad A
Bought by
Leiby Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2004
Sold by
Kratzer Nora
Bought by
Kratzer Gary P

Purchase Details

Closed on
Feb 4, 2003
Sold by
Kratzer Enterprises Inc
Bought by
Leiby Chad A

Purchase Details

Closed on
Jan 29, 2003
Sold by
Gonyon William
Bought by
Kratzer Enterprises Inc

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
Staltari Antonio -- Fidelity Natl Title Co Llc
Phillips Paul -- Meridian Title Corp
Phillips Paul $75,000 None Available
Leiby Enterprises Llc -- --
Leiby Chad A -- --
Kratzer Gary P -- --
Leiby Chad A $59,000 Metropolitan Title
Kratzer Enterprises Inc -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Staltari Antonio $57,199
Previous Owner Phillips Paul $54,000
Previous Owner Phillips Paul $60,300
Previous Owner Phillips Paul $70,000
Previous Owner Leiby Chad A $66,000
Closed Leiby Chad A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $55,000 -8.2% $31 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $59,900 -- $34 / 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 $2,118 $85,400 -- $85,400
2022 $2,118 $132,600 $11,400 $121,200
2021 $1,621 $79,200 $0 $79,200
2020 $1,725 $79,200 $0 $79,200
2019 $1,559 $78,000 $11,400 $66,600
2018 $1,704 $78,000 $11,400 $66,600
2017 $1,682 $76,800 $11,400 $65,400
2016 $1,247 $56,900 $11,400 $45,500
2014 $1,207 $56,600 $11,400 $45,200
2013 $1,132 $56,600 $11,400 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201728886

Indiana Regional MLS

APN: 20-02-32-457-004.000-027