NOT LISTED FOR SALE

1501 W Franklin St Elkhart, IN 46516

First Neighborhood

Estimated Value: $98,000 - $122,000

2 Beds
1 Bath
1,068 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $105,000 $98 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $640/month

1 Day on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to McNaughton Park
  • 1-Story Property

About This Home

As of August 2024

Cute 2 Bedroom Home, at a great price, ready for a new Owner. Home has a desired floorplan and just what you need. Nice kitchen with plenty of counter space and cabinets- dining room/eating area connected to living room with lots of character with original oversized woodwork, but freshly painted. Located close to the hospital, downtown, shopping, and restaurants. Full basement provides extra space for storage, laundry area, and plus has a couple rooms that could be gaming room, man cave, or craft area! Nice deck off back door to sit and relax after a long day. Seller would prefer to sell AS-IS.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Brokerage Phone: 574-596-0376 Listed on: 07/10/2024

Last Buyer's Agent

David Parra

Century 21 Circle

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43x132
  • Corner Lot
  • Property is zoned R-1 One Family Dwelling District

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-277-001.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KRAUS E 42 1/2 FT LOT 19
  • Parcel Number ID: 20-06-07-277-001.000-012
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100.1
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1676
  • Total Finished Sq Ft: 1068
  • Above Grade Finished Sq Ft: 888
  • Below Grade Finished Sq Ft: 180
  • Below Grade Sq Ft: 608
  • Price Per Sq Ft: 118.24
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Other Room1: Dimensions: 10x9, On Level: Lower
  • Other Room 2: Dimensions: 10x9, On Level: Lower
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 788

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • 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: Corner
  • Lot Dimensions: 43X132
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 560
  • Exemptions: Homestead, Supplemental

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
Jul 10, 2024
Closed on
Aug 9, 2024
Sold by
Rdk Property Group Llc
Bought by
Zelaya Maria Francisca Di
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
David Parra
Century 21 Circle
List Price
$104,900
Sold Price
$105,000
Premium/Discount to List
$100
0.1%
Views
24
Current Estimated Value
$111,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,609
Avg. Annual Appreciation
5.50%
Original Mortgage
$101,850
Outstanding Balance
$100,695
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$10,914

Purchase Details

Closed on
May 16, 2024
Sold by
Kelleybrew Willie L and Kelleybrew Crystal
Bought by
Rdk Property Group Llc

Purchase Details

Closed on
Nov 19, 2015
Sold by
Kelleybrew Willie L
Bought by
Kelleybrew Willie L and Kelleybrew Crystal

Purchase Details

Closed on
Oct 27, 2015
Sold by
Collier Jacqueline M and Kelleybrew Jacqueline M
Bought by
Kelleybrew Willie
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Zelaya Maria Francisca Di $105,000 None Listed On Document
Rdk Property Group Llc $73,000 None Listed On Document
Kelleybrew Willie L -- --
Kelleybrew Willie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zelaya Maria Francisca Di $101,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $105,000 +0.1% $98 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $104,900 -- $98 / 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 $574 $75,700 $12,600 $63,100
2022 $574 $72,800 $12,600 $60,200
2021 $656 $72,300 $12,600 $59,700
2020 $614 $65,000 $12,600 $52,400
2019 $560 $59,000 $12,600 $46,400
2018 $575 $59,400 $12,600 $46,800
2017 $561 $55,600 $12,600 $43,000
2016 $543 $54,300 $12,600 $41,700
2014 $384 $50,900 $12,600 $38,300
2013 $427 $53,700 $12,600 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202425347

Indiana Regional MLS

APN: 20-06-07-277-001.000-012