$112,425
SOLD MAY 29, 2025

1432 Okema St Elkhart, IN 46516

First Neighborhood
2 Beds
1 Bath
925 Sq Ft
4,487 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

25% Below List Price

40 Days on Market

About This Home

As of May 2025

INVESTOR ALERT There are 2 Homes on this lot. A 2 Bedroom 1 Bath home and a 1 Bedroom, 1 bath efficiency cottage. Homes are currently rented on a month to month lease with long term renters. 48-72 hrs to show. Homes are sold AS-IS. Homes are near Shopping, Restaurants and the downtown.

Last Agent to Sell the Property

Dianna Morningstar

McKinnies Realty, LLC Elkhart Brokerage Phone: 574-238-1343 Listed on: 03/13/2025

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Cynthia Acosta

Century 21 Circle

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 1916

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions are 36x125
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-178-010.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,973

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 109
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: CHESQ HGTS 7FT S SID LOT 190 & 191
  • Parcel Number ID: 20-06-07-178-010.000-012
  • Platted: Yes
  • Sp Lp Percent: 75
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1850
  • Total Finished Sq Ft: 925
  • Above Grade Finished Sq Ft: 925
  • Below Grade Sq Ft: 925
  • Price Per Sq Ft: 121.54
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 925

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None, Dimensions: 16x14

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Daly
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Mary Daly

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36X125
  • Estimated Lot Sq Ft: 4487
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 1972.56
  • Total Assessed Value: 102800

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 29, 2025
Sold by
Bell Virginia R and Rushing Virginia R
Bought by
Fc Properties Llc
Seller's Agent
Dianna Morningstar
McKinnies Realty, LLC Elkhart
Buyer's Agent
Cynthia Acosta
Century 21 Circle
List Price
$149,900
Sold Price
$112,425
Premium/Discount to List
-$37,475
-25%
Views
42
Current Estimated Value
$121,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,242
Avg. Annual Appreciation
26.16%
Original Mortgage
$360,000
Outstanding Balance
$358,582
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$236,915

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 21, 2025
Sold by
Rushing Virginia R
Bought by
Rushing Virginia R and Virginia Rushing Trust
Seller's Agent
Dianna Morningstar
McKinnies Realty, LLC Elkhart
Buyer's Agent
Cynthia Acosta
Century 21 Circle
List Price
$149,900
Sold Price
$112,425
Premium/Discount to List
-$37,475
-25%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$358,582
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$236,915

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 27, 2016
Sold by
Tax Ease Florida Reo Llc
Bought by
Rushing Johnny R and Rushing Virginia R
Seller's Agent
Deanna Wilcox
Realty Experts LLC
Buyer's Agent
Mark Moen
Realty Experts LLC
List Price
$35,000
Sold Price
$22,500
Premium/Discount to List
-$12,500
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 15, 2016
Sold by
Us Bank Na
Bought by
Tax Ease Florida Reo Llc
Seller's Agent
Deanna Wilcox
Realty Experts LLC
Buyer's Agent
Mark Moen
Realty Experts LLC
List Price
$35,000
Sold Price
$22,500
Premium/Discount to List
-$12,500
-35.71%

Purchase Details

Closed on
Feb 24, 2015
Sold by
Perez Rafael and Perez Sendilu
Bought by
Indiana Tlp Llc and Us Bank
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title Compan
Deed -- --
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $7,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $112,425 -25.0% $122 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $149,900 +566.2% $162 / Sq Ft
04/27/2016 04/27/16 Sold $22,500 -35.7% $12 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $35,000 -- $18 / 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 $1,973 $102,800 $7,200 $95,600
2022 $1,973 $10,900 $7,200 $3,700
2021 $244 $10,900 $7,200 $3,700
2020 $258 $10,900 $7,200 $3,700
2019 $948 $43,400 $2,700 $40,700
2018 $1,511 $68,700 $7,200 $61,500
2017 $1,263 $57,500 $7,200 $50,300
2016 $1,225 $55,900 $7,200 $48,700
2014 $1,109 $52,000 $7,200 $44,800
2013 $1,104 $55,200 $7,200 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Dianna Morningstar

    Seller's Agent in 2025

    Dianna Morningstar

    McKinnies Realty, LLC Elkhart

    (574) 238-1343

    1 in this area

    84 Total Sales

    Dianna Morningstar
    Section Image
  • Cynthia Acosta

    Buyer's Agent in 2025

    Cynthia Acosta

    Century 21 Circle

    (574) 575-9348

    6 in this area

    227 Total Sales

    Cynthia Acosta
    Section Image
  • Deanna Wilcox

    Seller's Agent in 2016

    Deanna Wilcox

    Realty Executives

    (574) 202-7653

    87 Total Sales

    Deanna Wilcox
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Moen

    Realty Executives

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202508041

Indiana Regional MLS

APN: 20-06-07-178-010.000-012

Indiana Elkhart County Elkhart 46516 First

1432 Okema St, Elkhart, IN

This home is located at 1432 Okema St, Elkhart, IN 46516 and is currently priced at $112,425, approximately $121 per square foot. This property was built in 1916. 1432 Okema St is a home located in Elkhart County with nearby schools including Mary Daly Elementary School, West Side Middle School, and Elkhart High School.

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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