NOT LISTED FOR SALE

Estimated Value: $114,000 - $212,000

3 Beds
2 Baths
1,864 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $83,000 $45 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $931/month

5 Days on Market

Highlights

  • Detached Second Garage
  • Covered patio or porch
  • 1 Car Detached Garage
  • 0.31 Acre Lot
  • Fenced Yard
  • 1-minute walk to Third & Park Playground

About This Home

As of September 2020

Very well maintained Duplex with long rental history in both units. Fully fenced in yard (mostly privacy fenced) with an EXTRA city lot included. You will notice the care that the current owners have taken in this property from the nice sized deck, detached garage and ample parking. Beautiful front porch for relaxing. You could live in one unit and rent out the other or keep the current tenants if you choose. You make the choice but don't wait too long before it's gone!!

Last Agent to Sell the Property

Dodie Gerger

SUNRISE Realty Listed on: 08/12/2020

Last Buyer's Agent

Julie Hall

Patton Hall Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $236

Year Built

  • Built in 1865

Lot Details

  • 0.31 Acre Lot
  • Fenced Yard
  • Landscaped
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Detached Second Garage
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Roosevelt Elementary School
  • Pierre Moran Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for building insurance, electric, heating, lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 20-06-08-282-020.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,296
  • Fuel Expense $1,464
  • Insurance Expense $1,200
  • Water Sewer Expense $672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$236

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1865
  • Age: 155
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN SE COR NE1/4 SEC 8 .18A and Fairview Lot 1
  • Parcel Number ID: 20-06-08-282-020.000-012
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Off Street Parking, Countertops-Laminate, Deck Open, Detector-Smoke, Eat-In Kitchen, Landscaped, Porch Covered, Water Heater Gas
  • Parcel Id2: 20-06-08-282-021.000-012
  • Sp Lp Percent: 97.65
  • Monthly Gross Income: 1240
  • Year Taxes Payable: 15.00
  • Special Features: None

Interior Features

  • Total Sq Ft: 2600
  • Total Finished Sq Ft: 1864
  • Above Grade Finished Sq Ft: 1864
  • Below Grade Sq Ft: 736
  • Price Per Sq Ft: 44.53
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 736
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 440

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1296
  • Annual Fuel Expense: 1464
  • Annual Insurance Expense: 1200
  • Annual Water Sewer Expense: 672
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Roosevelt
  • Middle School: Pierre Moran
  • High School: Elkhart
  • Elementary School: Roosevelt

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 40 x 165 and 45 x 157
  • Estimated Lot Sq Ft: 13687
  • Estimated Lot Size Acres: 0.3142

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Deposit Value

Tax Info

  • Exemptions: Disabled Vet, Mortgage
  • Annual Property Tax: 15

Multi Family

  • Gross Monthly Rent: 1240
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 9, 2020
Sold by
Daniel Schott
Bought by
Stewart Jason P
Seller's Agent
Dodie Gerger
SUNRISE Realty
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%
Total Days on Market
5
Current Estimated Value
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,000
Avg. Annual Appreciation
10.74%
Original Mortgage
$70,550
Outstanding Balance
$63,595
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,618

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 25, 2020
Sold by
Daniel Schott and Schott Kathryn L
Bought by
Stewart Jason P
Seller's Agent
Dodie Gerger
SUNRISE Realty
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,550
Outstanding Balance
$63,595
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,618

Purchase Details

Closed on
Sep 7, 2017
Sold by
City Of Elkhart
Bought by
Schott Daniel and Schott Kalhyrn

Purchase Details

Closed on
Jul 6, 2010
Sold by
Williams Ben and Williams Doris J
Bought by
City Of Elkhart Indiana
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 Buyer Sale Price Title Company
Stewart Jason P $93,831 Drake Andrew R
Stewart Jason P $93,831 Drake Andrew R
Schott Daniel -- Fidelity Natl Title Co Llc
City Of Elkhart Indiana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Jason P $70,550
Closed Stewart Jason P $70,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $83,000 -2.4% $45 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $85,000 -- $46 / 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 $236 $7,800 $7,800 --
2022 $236 $7,800 $7,800 --
2021 $60 $8,700 $8,700 $0
2020 $60 $8,700 $8,700 $0
2019 $106 $8,700 $8,700 $0
2018 $0 $2,600 $2,600 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2014 $2,823 $0 $0 $0
2013 $2,823 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202031738

Indiana Regional MLS

APN: 20-06-08-282-021.000-012