NOT LISTED FOR SALE

Estimated Value: $69,000 - $110,000

4 Beds
2 Baths
1,769 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $57,000 $32 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $637/month

16 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Geroldean Thursby Memorial Tot Lot

About This Home

As of December 2022

Duplex Money Maker! Check out this 2 unit investment home at a great price. Main level has long term tenant in 2 bedroom unit paying $160/wk plus electric. Upstairs is 2 bedroom paying $180/wk plus electric. Owner pays water and gas. There are 2 furnaces so has potential to possibly split gas service to tenants. Seller will only consider cash, AS-IS offers, from buyers ready to close quickly. Highest and best cash offers are due by Tuesday, November 29th by 5pm. Owner may end early with acceptable offer. Expenses are only estimated.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Listed on: 11/13/2022

Last Buyer's Agent

Lisa Collio

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132

Home Design

  • Duplex
  • Brick Foundation
  • Shingle Roof
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, sewer, water
  • Assessor Parcel Number 20-06-05-307-008.000-012

Community Details

Overview

  • 2 Units
  • Fieldhouse Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $200
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 122
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FIELDHOUSE 4TH LOT 184
  • Parcel Number ID: 20-06-05-307-008.000-012
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 95.16
  • Annual Miscellaneous: 200
  • Monthly Gross Income: 1473
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 2781
  • Total Finished Sq Ft: 1769
  • Above Grade Finished Sq Ft: 1769
  • Below Grade Sq Ft: 1012
  • Price Per Sq Ft: 32.22
  • Basement: Yes
  • Basement Foundation: Unfinished, Outside Entrance
  • Basement Material: Brick
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1012

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1200
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 200
  • Annual Water Sewer Expense: 600
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40X132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Heating, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 1360
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1227

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
Nov 13, 2022
Closed on
Dec 8, 2022
Sold by
Hoosier Trusted Home Buyers Llc
Bought by
Ramirez Jorge Alfredo
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Lisa Collio
RE/MAX Results-Goshen
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Views
38
Current Estimated Value
$90,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,682
Avg. Annual Appreciation
20.50%

Purchase Details

Listed on
Nov 13, 2022
Closed on
Nov 22, 2022
Sold by
Mccreary Rex
Bought by
Hoosier Trusted Home Buyers Llc
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Lisa Collio
RE/MAX Results-Goshen
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Views
38

Purchase Details

Closed on
Jan 20, 2022
Sold by
Clara Mccreary
Bought by
Mccreary Rex
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
Ramirez Jorge Alfredo -- Fidelity National Title
Hoosier Trusted Home Buyers Llc -- Fidelity National Title
Mccreary Rex -- Drake Andrew R
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $57,000 -4.8% $32 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/13/2022 11/13/22 For Sale $59,900 -- $34 / 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 $1,612 $83,500 $11,800 $71,700
2022 $1,612 $59,300 $11,800 $47,500
2021 $1,242 $60,500 $11,800 $48,700
2020 $1,192 $54,500 $11,800 $42,700
2019 $1,082 $49,600 $11,800 $37,800
2018 $1,095 $49,900 $11,800 $38,100
2017 $1,007 $45,700 $11,800 $33,900
2016 $998 $45,400 $11,800 $33,600
2014 $915 $42,900 $11,800 $31,100
2013 $960 $48,000 $11,800 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202246640

Indiana Regional MLS

APN: 20-06-05-307-008.000-012