NOT LISTED FOR SALE

140 W Garfield Ave Elkhart, IN 46516

Historic Roosevelt Neighborhood

Estimated Value: $134,000 - $160,000

4 Beds
2 Baths
1,864 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $32,500 $17 Per Sq Ft

Est. 360% increase in value since last sale

Current estimated payment $1,000/month

2 Days on Market

Highlights

  • Partially Carpeted
  • Wood Siding
  • 4-minute walk to Roosevelt Park

About This Home

As of July 2019

This is a great investment opportunity for a potential buyer. It comes with a good rental history. Newer roof and furnace. Utilities are paid separately with the owner paying the water and sewer. 24 Hours notice to show please!

Last Agent to Sell the Property

Emmon Schmucker

Coldwell Banker Real Estate Group Listed on: 06/24/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1900

Lot Details

  • 10,393 Sq Ft Lot
  • Lot Dimensions are 63x165
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Hawthorne Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, heating, snow removal
  • The owner pays for sewer, water
  • Assessor Parcel Number 20-06-08-429-018.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Water Sewer Expense $950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$773

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Wolfs Sunnyside Lot 256 |
  • Parcel Number ID: 20-06-08-429-018.000-012
  • Platted: Yes
  • Amenities: Cable Available
  • Cross Street: Indiana
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Monthly Gross Income: 715
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 2656
  • Total Finished Sq Ft: 1864
  • Above Grade Finished Sq Ft: 1864
  • Below Grade Sq Ft: 792
  • Price Per Sq Ft: 17.44
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 792
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street

Utilities

  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 1250
  • Annual Water Sewer Expense: 950
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: 63x165
  • Estimated Lot Sq Ft: 10393
  • Estimated Lot Size Acres: 0.2386

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable, Heating, Snow Removal

Multi Family

  • Gross Monthly Rent: 715
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 772.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Aug 2, 2019
Sold by
Martin Roger A
Bought by
Zepeda Ignacio
Seller's Agent
Emmon Schmucker
Coldwell Banker Real Estate Group
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$32,500
Sold Price
$32,500
Total Days on Market
2
Current Estimated Value
$149,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,059
Avg. Annual Appreciation
29.67%

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 16, 2019
Sold by
Martin Roger A and Frey Dayton J
Bought by
Zepeda Ignacio
Seller's Agent
Emmon Schmucker
Coldwell Banker Real Estate Group
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$32,500
Sold Price
$32,500

Purchase Details

Closed on
Aug 1, 2007
Sold by
Martinez Mario
Bought by
Martin Roger A and Frey Dayton J
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
Zepeda Ignacio -- None Listed On Document
Zepeda Ignacio -- None Listed On Document
Martin Roger A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $32,500 0.0% $17 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $32,500 -- $17 / 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 $1,983 $102,900 $12,400 $90,500
2022 $1,983 $36,400 $12,400 $24,000
2021 $753 $36,400 $12,400 $24,000
2020 $801 $36,400 $12,400 $24,000
2019 $832 $38,000 $6,200 $31,800
2018 $771 $34,900 $6,200 $28,700
2017 $773 $34,900 $6,200 $28,700
2016 $771 $34,900 $6,200 $28,700
2014 $731 $34,300 $6,200 $28,100
2013 $630 $31,500 $19,200 $12,300
Source: Public Records

Agents Affiliated with this Home

  • Emmon Schmucker

    Seller's Agent in 2019

    Emmon Schmucker

    Coldwell Banker Real Estate Group

    (574) 202-3800

    2 in this area

    135 Total Sales

    Emmon Schmucker
    Section Image
  • Alex Lino

    Buyer's Agent in 2019

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    11 in this area

    148 Total Sales

    Alex Lino
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201927023

Indiana Regional MLS

APN: 20-06-08-429-018.000-012

Indiana Elkhart County Elkhart 46516 Historic Roosevelt

140 W Garfield Ave, Elkhart, IN

This home is located at 140 W Garfield Ave, Elkhart, IN 46516 since 24 June 2019 and is currently estimated at $149,559, approximately $80 per square foot. This property was built in 1900. 140 W Garfield Ave is a home located in Elkhart County with nearby schools including Roosevelt STEAM Academy, 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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