NOT LISTED FOR SALE

Estimated Value: $70,000 - $129,000

3 Beds
2 Baths
1,444 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $62,700 $43 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $680/month

28 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 3-minute walk to Rainbow Park
  • Forced Air Heating System

About This Home

As of March 2023

Awesome Duplex Investment Home Now Available. Currently vacant and ready for a new owner to do a little rehab, fill the units, and start making money. Main floor could be 1-2 bedroom depending how you set it up and have gas furnace and its own electric meter. Upstairs is all electric with its own panel and baseboard heat. Upstairs could be efficiency or 1 bedroom home. Seller will only consider cash, AS-IS offers. Buyer/buyers agent to verify room sizes, SF, schools, utilities, and zoning.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Listed on: 02/18/2023

Last Buyer's Agent

Brad Beer

Heart City Realty LLC Listed on: 02/18/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x170
  • Corner Lot

Parking

  • 6 Parking Spaces

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

  • Woodland Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for building insurance, tax, water
  • Assessor Parcel Number 20-06-07-240-002.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN NE COR NE1/4 40X132FT SEC 7 .15A
  • Parcel Number ID: 20-06-07-240-002.000-012
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.7
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1900
  • Total Finished Sq Ft: 1444
  • Above Grade Finished Sq Ft: 1444
  • Below Grade Sq Ft: 456
  • Price Per Sq Ft: 43.42
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 456

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Woodland
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Woodland

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 50X170
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Owner Pays: Building Insurance, Tax, Water
  • Tenant Pays: Electric, Heating

Tax Info

  • Annual Property Tax: 1578

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 28, 2023
Sold by
Matt Buys Indiana Houses Llc
Bought by
Premiere Rentals Llc
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Brad Beer
Heart City Realty LLC
List Price
$79,900
Sold Price
$62,700
Premium/Discount to List
-$17,200
-21.53%
Views
265
Current Estimated Value
$99,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,264
Avg. Annual Appreciation
20.42%

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 27, 2023
Sold by
Matt Buys Indiana Houses Llc
Bought by
Premiere Rentals Llc
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Brad Beer
Heart City Realty LLC
List Price
$79,900
Sold Price
$62,700
Premium/Discount to List
-$17,200
-21.53%
Views
265

Purchase Details

Closed on
Jan 23, 2023
Sold by
Ann Gillioon Lonna
Bought by
Matt Buys Indiana Houses Llc

Purchase Details

Closed on
Jan 20, 2023
Sold by
Gillioon Lonna Ann
Bought by
Matt Buys Indiana Houses Llc

Purchase Details

Closed on
Feb 10, 2022
Sold by
Morey Donald E and Morey Linda E
Bought by
Gillioon Lonna Ann

Purchase Details

Closed on
Jun 13, 2018
Sold by
Obrien Michael P and Obrien Nancy A
Bought by
Morey Donald E and Morey Linda E

Purchase Details

Closed on
May 9, 2018
Sold by
Obrien Michael P and Obrien Nancy A
Bought by
Morey Donald E and Morey Linda E
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
Premiere Rentals Llc $62,700 None Listed On Document
Premiere Rentals Llc $62,700 None Listed On Document
Matt Buys Indiana Houses Llc $42,000 --
Matt Buys Indiana Houses Llc $42,000 None Listed On Document
Ann Gillioon Lonna $42,000 --
Gillioon Lonna Ann -- --
Morey Donald E -- New Title Company Name
Morey Donald E -- New Title Company Name
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $62,700 -10.3% $43 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/05/2023 03/05/23 Price Changed $69,900 -12.5% $48 / Sq Ft
02/18/2023 02/18/23 For Sale $79,900 +104.9% $55 / Sq Ft
04/08/2016 04/08/16 Sold $39,000 -32.6% $27 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/30/2015 03/30/15 For Sale $57,900 -- $40 / 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 $1,796 $80,400 $7,200 $73,200
2022 $1,709 $56,000 $8,500 $47,500
2021 $1,592 $52,100 $8,500 $43,600
2020 $1,601 $50,200 $8,500 $41,700
2019 $1,524 $47,900 $8,500 $39,400
2018 $1,532 $48,400 $8,500 $39,900
2017 $1,496 $46,700 $8,500 $38,200
2016 $1,493 $46,700 $8,500 $38,200
2014 $1,381 $44,100 $8,500 $35,600
2013 $1,296 $43,200 $8,500 $34,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202304734

Indiana Regional MLS

APN: 20-06-07-240-002.000-012