NOT LISTED FOR SALE

116 N 6th St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $114,000 - $171,000

5 Beds
3 Baths
2,356 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $127,000 $54 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $931/month

28 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Geroldean Thursby Memorial Tot Lot
  • Covered Patio or Porch
  • Carpet

About This Home

As of December 2022

Great investment property! Two of the units are vacant and and one unit is rented. Being sold "As Is"

Last Agent to Sell the Property

Tina Seniff

Berkshire Hathaway HomeServices Elkhart Listed on: 11/09/2022

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Pamela Tice

Realty Group Resources

Realty Group Resources

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Beardsley Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, tax, water
  • Assessor Parcel Number 20-06-05-333-011.000-012

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 4 Separate Electric Meters
  • Fuel Expense $998
  • Insurance Expense $1,800
  • Water Sewer Expense $540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: FIELDHOUSE 4TH LOT 170
  • Parcel Number ID: 20-06-05-333-011.000-012
  • Platted: Yes
  • Amenities: Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 3414
  • Total Finished Sq Ft: 2356
  • Above Grade Finished Sq Ft: 2356
  • Below Grade Sq Ft: 1058
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1058
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 998
  • Annual Insurance Expense: 1800
  • Annual Water Sewer Expense: 540
  • Number Electric Meters: 4

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Beardsley

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 65X120
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1395.14

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

MLS Schools

  • High School: Elkhart
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 27, 2022
Sold by
Pfeifer Family Properties Llc
Bought by
Guadalajara Itzia Yuridiana Sa
Seller's Agent
Tina Seniff
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Pamela Tice
Realty Group Resources
List Price
$145,000
Sold Price
$127,000
Premium/Discount to List
-$18,000
-12.41%
Views
62
Current Estimated Value
$149,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,721
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 6, 2021
Sold by
Jdk Properties Llc
Bought by
Pfeifer Family Properties Llc
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Tina Seniff
Berkshire Hathaway HomeServices Elkhart
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.97%
Original Mortgage
$87,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2008
Sold by
Danforth Jon R
Bought by
Jdk Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Guadalajara Itzia Yuridiana Sa -- Fidelity National Title
Pfeifer Family Properties Llc $70,000 Fidelity National Title
Jdk Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfeifer Family Properties Llc $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $127,000 -7.3% $54 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $137,000 -5.5% $58 / Sq Ft
11/09/2022 11/09/22 For Sale $145,000 +107.1% $62 / Sq Ft
06/29/2021 06/29/21 Sold $70,000 +7.7% $30 / Sq Ft View Prior Sale
05/27/2021 05/27/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $65,000 -- $28 / 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 $1,756 $90,600 $18,200 $72,400
2022 $1,756 $75,700 $18,200 $57,500
2021 $1,410 $68,800 $18,200 $50,600
2020 $1,501 $68,800 $18,200 $50,600
2019 $1,391 $67,500 $16,400 $51,100
2018 $1,221 $55,700 $5,300 $50,400
2017 $1,213 $55,200 $5,300 $49,900
2016 $1,212 $82,100 $16,400 $65,700
2014 $1,644 $77,100 $16,400 $60,700
2013 $1,740 $87,000 $16,400 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Tina Seniff

    Seller's Agent in 2022

    Tina Seniff

    Berkshire Hathaway HomeServices Elkhart

    (574) 361-5903

    4 in this area

    151 Total Sales

    Tina Seniff
    Section Image
  • Pamela Tice

    Buyer's Agent in 2022

    Pamela Tice

    Realty Group Resources

    (574) 264-2000

    1 in this area

    55 Total Sales

    Pamela Tice
    Section Image
  • Micki Olson

    Seller's Agent in 2021

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    2 in this area

    145 Total Sales

    Micki Olson
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202246165

Indiana Regional MLS

APN: 20-06-05-333-011.000-012

Indiana Elkhart County Elkhart 46516 Sherman

116 N 6th St, Elkhart, IN

Not Listed for Sale

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