NOT LISTED FOR SALE

Estimated Value: $137,000 - $189,000

4 Beds
2 Baths
1,392 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 28, 2022

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

Est. 37% increase in value since last sale

Current estimated payment $1,044/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
  • 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
$157,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,728
Avg. Annual Appreciation
10.00%

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

Similar Homes in Elkhart, IN

  • 1021 Princeton St, Elkhart, IN 46516

    $139,000

    • 6 Beds
    • 2 Baths
    • 1,882 Sq Ft
    • 1021 Princeton St
    • Elkhart, IN

    Great income producing property. Subject to tenant rights, do not disturb. Total gross monthly rents are $1800.

    Valerie Swihart Pyramid Realty LLC

    Section Image
  • 301 W Jackson Blvd, Elkhart, IN 46516

    $179,900

    • 6 Beds
    • 3 Baths
    • 2,502 Sq Ft
    • 301 W Jackson Blvd
    • Elkhart, IN

    Spacious, clean well-maintained home with 4 BRS on upper level and a 5th BR in basement with egress window. Efficiency has a kitchen, full bath and a spacious living/sleeping room.

    Susan Burns Berkshire Hathaway HomeServices Elkhart

    Section Image
  • 719 W Franklin St, Elkhart, IN 46516

    $129,900

    • 3 Beds
    • 2 Baths
    • 2,300 Sq Ft
    • 719 W Franklin St
    • Elkhart, IN

    Are you ready to invest in your future? Look no further! This exceptional investment property boasts a solid rental history with long-term tenants who have made it their home. Rents are currently super low and could be adjusted. Don’t let this incredible opportunity slip away—seize the chance to make it yours today!

    Jennea Schirr McKinnies Realty, LLC Elkhart

    Section Image
  • 810 W Hubbard Ave, Elkhart, IN 46516

    $125,000

    • 4 Beds
    • 1 Bath
    • 1,260 Sq Ft
    • 810 W Hubbard Ave
    • Elkhart, IN

    This spacious 4 bedroom, 1 bathroom home is a fantastic investment opportunity, currently occupied by long-term tenants. The property features a comfortable living space, a functional kitchen and a garage making it an attractive option for renters. This property is close to schools, parks and shopping centers, Its a perfect addition to any investment portfolio with a steady rental income

    Michelle Bordeau SUNRISE Realty

    Section Image
  • 1220 Harrison St, Elkhart, IN 46516

    $124,900

    • 2 Beds
    • 2 Baths
    • 1,306 Sq Ft
    • 1220 Harrison St
    • Elkhart, IN

    Updated duplex with lots to offer, new windows, new roof, new siding, flooring —makes an ideal double income rental property or perhaps you want to live in one & rent out the other, it can easily be converted to a single family also, (3 bedrooms 2 baths) no matter how you divide it up, this is a great opportunity to live, develop, or grow your investment portfolio! Located not far from downtown.

    Alex Lino Cressy & Everett- Elkhart

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202201034

Indiana Regional MLS

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