NOT LISTED FOR SALE

1402 County Road 6 E Elkhart, IN 46514

Estimated Value: $164,000 - $201,000

4 Beds
2 Baths
1,892 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $180,000 $95 Per Sq Ft

Current estimated payment $1,357/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Laundry closet
  • Carpet

About This Home

As of April 2023

Great opportunity to expand your rental portfolio. Also can owner occupy one half while renting the other half. This duplex is technically two separate condo units (1402 & 1406) with a large backyard. Each side has 946 sq ft with 2 bedrooms, 1 bathroom, laundry closet, 1 car garage, and patio. Both units are currently rented. Each unit is subject to a $145 monthly HOA fee. This covers roof replacement, lawn care, landscaping, snow removal, sprinkler system.

Last Agent to Sell the Property

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 01/09/2023

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 01/09/2023

Berkshire Hathaway HomeServices Elkhart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1979

Lot Details

  • 0.63

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Planned Development
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Laundry closet

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Schools

  • Osolo Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Lot Dimensions are 110 x 250
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, water
  • The owner pays for association dues
  • Assessor Parcel Number 20-02-21-328-040.000-027

Community Details

Overview

  • 2 Units
  • Brookwood Condos Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,560

Year Built

Built in 1979

Lot Details

0.63 Acres

HOA Fees

$290 per month

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1979
  • Style: Townhouse
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: BROOKWOOD CONDO BLDG 19 UNIT 1 & INT IN COMMON AREA BROOKWOOD CONDO BLDG 19 UNIT 2 & INT IN COMMON AREA
  • Parcel Number ID: 20-02-21-328-040.000-027
  • Platted: Yes
  • Amenities: Patio Open
  • Location: City/Town/Suburb
  • Parcel Id2: 20-02-21-328-041.000-027
  • Special Features: None

Interior Features

  • Total Sq Ft: 1892
  • Total Finished Sq Ft: 1892
  • Above Grade Finished Sq Ft: 1892
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 1100
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 290
  • Association Fees Frequency: Monthly

Schools

  • Elementary School: Osolo

Lot Info

  • Lot Description: Planned Unit Development
  • Lot Dimensions: 110 x 250
  • Estimated Lot Sq Ft: 27443
  • Estimated Lot Size Acres: 0.63

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Association Dues
  • Tenant Pays: Electric, Fuel, Heating, Water

Tax Info

  • Annual Property Tax: 2560

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Apr 13, 2023
Sold by
Six Mile Lake Investments Llc
Bought by
Boaz Llc
Seller's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
128
Current Estimated Value
$180,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27
Avg. Annual Appreciation
0.01%
Original Mortgage
$368,000
Outstanding Balance
$342,274
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$162,247

Purchase Details

Listed on
Jan 9, 2023
Closed on
Apr 12, 2023
Sold by
Six Mile Lake Investments Llc
Bought by
Boaz Llc
Seller's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$342,274
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$162,247

Purchase Details

Listed on
Jun 10, 2018
Closed on
Jul 20, 2018
Sold by
Hurtekant Justin S and Hurtekant Chantelle Y
Bought by
Six Mile Lake Investments Llc
Seller's Agent
Scott Hammontree
Cressy & Everett- Elkhart
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$190,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Boaz Llc -- Near North Title Group
Boaz Llc $360,000 Near North Title Group
Six Mile Lake Investments Llc -- Meridian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boaz Llc $368,000
Closed Boaz Llc $368,000
Previous Owner Six Mile Lake Investments Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $180,000 -10.0% $95 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $200,000 +100.0% $106 / Sq Ft
07/20/2018 07/20/18 Sold $100,000 0.0% $106 / Sq Ft View Prior Sale
06/13/2018 06/13/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $100,000 -- $106 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,445 $77,700 -- $77,700
2024 $1,252 $70,700 -- $70,700
2022 $1,252 $87,400 $6,600 $80,800
2021 $1,280 $62,400 $0 $62,400
2020 $1,362 $62,400 $0 $62,400
2019 $1,004 $46,000 $6,600 $39,400
2018 $1,563 $71,500 $6,600 $64,900
2017 $1,474 $67,900 $6,600 $61,300
Source: Public Records

Agents Affiliated with this Home

  • Craig Culver

    Seller's Agent in 2023

    Craig Culver

    Berkshire Hathaway HomeServices Elkhart

    (574) 651-5341

    83 Total Sales

    Craig Culver
    Section Image
  • Scott Hammontree

    Seller's Agent in 2018

    Scott Hammontree

    Cressy & Everett- Elkhart

    (574) 849-8464

    92 Total Sales

    Scott Hammontree
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202300612

Indiana Regional MLS

APN: 20-02-21-328-040.000-027

Indiana Elkhart County Elkhart 46514

1402 County Road 6 E, Elkhart, IN

Not Listed for Sale

Townhouses

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Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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