NOT LISTED FOR SALE

1505 Benham Ave Elkhart, IN 46516

Impact Neighborhood

Estimated Value: $135,000 - $158,000

4 Beds
2 Baths
1,440 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $11,000 $8 Per Sq Ft

Est. 1,197% increase in value since last sale

Current estimated payment $944/month

42 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Tolson Park Center
  • Level Lot

About This Home

As of August 2017

Good rental history. Currently rented for $930 per month ($11,040/yr). Owner is selling his portfolio of 21 buildings. Subject to tenant's rights. Cash offers only! Wants them all gone by August 1st. Proof of funds required before showing

Last Agent to Sell the Property

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Last Buyer's Agent

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,713 Sq Ft Lot
  • Lot Dimensions are 41 x 115
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, water softener
  • Assessor Parcel Number 20-06-08-404-018.000-012

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,800
  • Insurance Expense $360
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Age: 97
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: REBERS 1ST LOT 2
  • Parcel Number ID: 20-06-08-404-018.000-012
  • Platted: Yes
  • Amenities: Detector-Smoke
  • Sp Lp Percent: 59.78
  • Monthly Gross Income: 920
  • Special Features: None

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 1440
  • Above Grade Finished Sq Ft: 1440
  • Below Grade Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 720
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 2800
  • Annual Insurance Expense: 360
  • Annual Water Sewer Expense: 1000

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41 x 115
  • Estimated Lot Sq Ft: 4713
  • Estimated Lot Size Acres: 0.1082
  • Lot Number: 2

Rental Info

  • Owner Pays: Heating, Water Softener
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 34300
  • Annual Property Tax: 756

Multi Family

  • Gross Monthly Rent: 920
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2013
Sold by
Unique Investment Llc
Bought by
Unique Management Llc
Current Estimated Value
$142,658

Purchase Details

Closed on
Sep 15, 2012
Sold by
Statler Mary Jane and Statler Sheryl E
Bought by
Box Llc

Purchase Details

Closed on
Aug 3, 2012
Sold by
Unique Investment Group Llc
Bought by
Unique Management Llc

Purchase Details

Closed on
Jan 26, 2012
Sold by
Out Of The Box Llc
Bought by
Unique Investments Group Llc

Purchase Details

Closed on
Dec 15, 2011
Sold by
The Stuart W Statler Living Trust
Bought by
Out Of The Box Llc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Statler Mary Jane and Statler Mary J
Bought by
Mary Jane Statler 1991 Living Trust
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 Buyer Sale Price Title Company
Unique Management Llc -- None Available
Box Llc -- Lawyers Title
Unique Management Llc -- None Available
Unique Investment Group Llc -- Lawyers Title
Out Of The Box Llc -- Lawyers Title
Mary Jane Statler 1991 Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Unique Management Llc $52,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $11,000 -63.2% $8 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $29,900 -- $21 / 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 $2,021 $105,300 $7,000 $98,300
2022 $2,021 $29,900 $7,000 $22,900
2021 $621 $29,900 $7,000 $22,900
2020 $661 $29,900 $7,000 $22,900
2019 $832 $38,000 $3,500 $34,500
2018 $708 $32,000 $3,500 $28,500
2017 $773 $34,900 $3,500 $31,400
2016 $771 $34,900 $3,500 $31,400
2014 $731 $34,300 $3,500 $30,800
2013 $762 $38,100 $10,900 $27,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Brouillette

    Pheasant Ridge Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201724354

Indiana Regional MLS

APN: 20-06-08-404-018.000-012

Indiana Elkhart County Elkhart 46516 Impact

1505 Benham Ave, Elkhart, IN

This home is located at 1505 Benham Ave, Elkhart, IN 46516 since 01 June 2017 and is currently estimated at $142,658, approximately $99 per square foot. This property was built in 1920. 1505 Benham 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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