NOT LISTED FOR SALE

1327 Middlebury St Elkhart, IN 46516

Baker Park Neighborhood

Estimated Value: $141,000 - $195,000

4 Beds
2 Baths
1,392 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $115,000 $83 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,018/month

12 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet

About This Home

As of February 2022

Fantastic opportunity in this 2 unit Elkhart property. Both upper and lower are spacious 2 bedroom homes. Lots of updates throughout. Separate electric meters for each unit. Landlord pays water. No gas. Tenants are month to month at $700 per month. There seems to be ample opportunity for value add through increased rents. --refurbished kitchen cabinets --blown in insulation in exterior walls --electrical updated with new service head/meter --new flooring in both units --new drywall and windows in upper --New paint in both units --Newer appliances --Newer water heaters Does need some minor final trim work completed around doorways and windows etc... Large lot offering plenty of off street parking

Last Agent to Sell the Property

David Leffel

Howard Hanna SB Real Estate Listed on: 01/12/2022

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1910

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 75x300
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 20-06-10-101-006.000-012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $600
  • Water Sewer Expense $660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$622

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 112
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 72FTX5CH-295.82FT E OF NW COR NW NW SEC 10
  • Parcel Number ID: 20-06-10-101-006.000-012
  • Platted: Yes
  • Amenities: Basement
  • Sp Lp Percent: 79.37
  • Monthly Gross Income: 1400
  • Special Features: None

Interior Features

  • Total Sq Ft: 2088
  • Total Finished Sq Ft: 1392
  • Above Grade Finished Sq Ft: 1392
  • Below Grade Sq Ft: 696
  • Price Per Sq Ft: 82.61
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate
  • Main Level Sq Ft: 696
  • Total Below Grade Sq Ft: 696
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Electricity, Baseboard
  • Sewer: Public
  • Water Utilities: Public
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 600
  • Annual Water Sewer Expense: 660
  • Number Electric Meters: 2
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 75x300
  • Estimated Lot Sq Ft: 23958
  • Estimated Lot Size Acres: 0.55

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1400
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Mar 1, 2022
Sold by
Vong Vue
Bought by
Flores Luis E
Seller's Agent
David Leffel
Howard Hanna SB Real Estate
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%
Current Estimated Value
$154,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,339
Avg. Annual Appreciation
9.60%

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 28, 2022
Sold by
Vong Vue
Bought by
Flores Luis E
Seller's Agent
David Leffel
Howard Hanna SB Real Estate
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jan 25, 2022
Sold by
House Of Weims Llc
Bought by
Vue Vong
Seller's Agent
David Leffel
Howard Hanna SB Real Estate
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jan 7, 2022
Sold by
House Of Weims Llc
Bought by
Vue Vong
Seller's Agent
David Leffel
Howard Hanna SB Real Estate
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$144,900
Sold Price
$115,000
Premium/Discount to List
-$29,900
-20.63%

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 6, 2018
Sold by
Anderson Marianne J
Bought by
House Of Weims Llc
Seller's Agent
Julie Thatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Kelly Schaffer
ADT Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.40%

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 3, 2018
Sold by
Anderson Marianne J
Bought by
House Of Weims Llc
Seller's Agent
Julie Thatcher
Coldwell Banker Real Estate Group
Buyer's Agent
Kelly Schaffer
ADT Realty
List Price
$30,000
Sold Price
$30,000

Purchase Details

Closed on
Jun 25, 2018
Sold by
Anderson Marianne J
Bought by
Marianne J Anderson Revocable

Purchase Details

Closed on
Jun 22, 2018
Sold by
Anderson Marianne J
Bought by
Marianne J Anderson Revocable and The Marianne J Anderson Revocable Trust
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
Flores Luis E -- Near North Title Group
Flores Luis E -- Near North Title Group
Vue Vong -- Slaughter Jeffrey R
Vue Vong -- Slaughter Jeffrey R
House Of Weims Llc -- New Title Company Name
House Of Weims Llc -- New Title Company Name
Marianne J Anderson Revocable -- None Listed On Document
Marianne J Anderson Revocable -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner House Of Weims Llc $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $115,000 -20.6% $83 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $144,900 +383.0% $104 / Sq Ft
12/05/2018 12/05/18 Sold $30,000 0.0% $14 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $30,000 -- $14 / 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 $1,997 $103,300 $21,300 $82,000
2022 $1,997 $28,800 $21,300 $7,500
2021 $599 $28,800 $21,300 $7,500
2020 $637 $28,800 $21,300 $7,500
2019 $832 $38,000 $21,300 $16,700
2018 $771 $34,900 $21,300 $13,600
2017 $773 $34,900 $21,300 $13,600
2016 $771 $34,900 $21,300 $13,600
2014 $731 $34,300 $21,300 $13,000
2013 $652 $32,600 $21,300 $11,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Leffel

    Howard Hanna SB Real Estate

  • Alex Lino

    Buyer's Agent in 2022

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    1 in this area

    142 Total Sales

    Section Image
  • Julie Thatcher

    Seller's Agent in 2018

    Julie Thatcher

    Coldwell Banker Real Estate Group

    (574) 361-7075

    188 Total Sales

    Section Image
  • Kelly Schaffer

    Buyer's Agent in 2018

    Kelly Schaffer

    ADT Realty

    (574) 612-8602

    166 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202201034

Indiana Regional MLS

APN: 20-06-10-101-006.000-012

Indiana Elkhart County Elkhart 46516 Baker Park

1327 Middlebury St, Elkhart, IN

This home is located at 1327 Middlebury St, Elkhart, IN 46516 since 12 January 2022 and is currently estimated at $166,809, approximately $119 per square foot. This property was built in 1910. 1327 Middlebury St is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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