NOT LISTED FOR SALE

11523 N Elm Grove Dr Syracuse, IN 46567

Estimated Value: $214,000 - $550,000

5 Beds
2 Baths
1,885 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $400,000 $212 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,008/month

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property

About This Home

As of May 2022

Deal consists of 3 duplexes: 1 located at 11523 N Elm Grove Drive, Syracuse, IN and 2 located at 107 and 109 N Acorn Street, Syracuse, IN 46567.

Last Agent to Sell the Property

Chandler Miller

Middle Fork Realty, LLC Listed on: 04/04/2022

Last Buyer's Agent

Chandler Miller

Middle Fork Realty, LLC Listed on: 04/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 59 x 167
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Syracuse Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, sewer, trash collection, water
  • Assessor Parcel Number 43-04-14-100-410.000-025

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Age: 50
  • Style: One Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 007-053-166 Lot 15 Crowdale Add To Wawasee Lake
  • Parcel Number ID: 43-04-14-100-410.000-025
  • Platted: Yes
  • Amenities: Washer Hook-Up
  • Sp Lp Percent: 100
  • Monthly Gross Income: 2000
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1885
  • Total Finished Sq Ft: 1885
  • Above Grade Finished Sq Ft: 1885
  • Price Per Sq Ft: 212.2
  • Basement Foundation: Crawl

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City, Well

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Wawasee
  • Elementary School: Syracuse
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Syracuse

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 59 x 167
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Sewer, Trash Collection, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 2000
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 870.8

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 18, 2022
Sold by
Miller Duane L and Miller Lois A
Bought by
B & B Ventures Llc
Seller's Agent
Chandler Miller
Middle Fork Realty, LLC
Buyer's Agent
Chandler Miller
Middle Fork Realty, LLC
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$348,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,030
Avg. Annual Appreciation
-5.93%
Original Mortgage
$640,000
Outstanding Balance
$581,626
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
-$253,251

Purchase Details

Closed on
Apr 24, 2020
Sold by
Malik Brian E and Malik Cynthia
Bought by
Miller Duane L and Miller Lois A
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
B & B Ventures Llc $400,000 Metropolitan Title
Miller Duane L $100,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & B Ventures Llc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $400,000 0.0% $212 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $400,000 -- $212 / 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 $1,162 $131,700 $18,700 $113,000
2023 $1,094 $121,600 $17,000 $104,600
2022 $1,012 $110,600 $17,000 $93,600
2021 $866 $93,700 $17,000 $76,700
2020 $714 $83,900 $15,100 $68,800
2019 $780 $81,400 $14,200 $67,200
2018 $708 $77,400 $14,200 $63,200
2017 $720 $77,100 $15,600 $61,500
2016 $629 $77,100 $15,600 $61,500
2014 $713 $79,600 $15,600 $64,000
2013 $713 $79,600 $15,600 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202215251

Indiana Regional MLS

APN: 43-04-14-100-410.000-025