NOT LISTED FOR SALE

1506 W Franklin St Elkhart, IN 46516

First Neighborhood

Estimated Value: $90,000 - $125,792

2 Beds
1 Bath
1,022 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $118,500 $116 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $703/month

20 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 3-minute walk to McNaughton Park
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Move-in ready home with numerous updates! This charming property features new carpet and fresh, neutral paint colors throughout. Enjoy new flooring and countertops in the kitchen, as well as an updated bathroom, new doors, high ceilings, plenty of natural light, the enclosed front porch offers additional living space, and the basement provides a dedicated laundry area and a small pantry. The home is secured with a chain link fence and includes a detached garage with an opener for added convenience. Don’t miss out on this well-maintained, ready-to-move-in gem!

Last Agent to Sell the Property

Jill Robinson

eXp Realty, LLC Brokerage Phone: 574-250-9980 Listed on: 06/11/2024

eXp Realty, LLC

Last Buyer's Agent

Michael Welsch

Howard Hanna SB Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1900

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 69x64.3
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-252-017.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BORNEMANS S D EX 1FTX15FT NW COR LOT 2
  • Parcel Number ID: 20-06-07-252-017.000-012
  • Platted: Yes
  • Sp Lp Percent: 107.83
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1044
  • Total Finished Sq Ft: 1022
  • Above Grade Finished Sq Ft: 1022
  • Below Grade Sq Ft: 22
  • Price Per Sq Ft: 115.95
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block, Brick
  • Living Great Room: On Level: Basement
  • Kitchen: On Level: Main
  • Breakfast Room: On Level: Basement
  • Dining Room: On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 22

Exterior Features

  • Exterior: Block, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 10x20
  • Garage Sq Ft: 200
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • 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, Level
  • Lot Dimensions: 69X64.3
  • Estimated Lot Sq Ft: 4443
  • Estimated Lot Size Acres: 0.1
  • Lot Number: 2

Tax Info

  • Annual Taxes: 1316
  • Total Assessed Value: 77900

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
Jun 11, 2024
Closed on
Jul 17, 2024
Sold by
Rhr I Llc
Bought by
King Dennis and King Laura
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Michael Welsch
Howard Hanna SB Real Estate
List Price
$109,900
Sold Price
$118,500
Premium/Discount to List
$8,600
7.83%
Views
47
Current Estimated Value
$111,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,552
Avg. Annual Appreciation
-4.59%
Original Mortgage
$94,800
Outstanding Balance
$93,752
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$18,196

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 15, 2024
Sold by
Rhr I Llc
Bought by
King Dennis and King Laura
Seller's Agent
Jill Robinson
eXp Realty, LLC
Buyer's Agent
Michael Welsch
Howard Hanna SB Real Estate
List Price
$109,900
Sold Price
$118,500
Premium/Discount to List
$8,600
7.83%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Outstanding Balance
$93,752
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$18,196

Purchase Details

Closed on
Feb 6, 2017
Sold by
Robertson Randall H
Bought by
Rhr I Llc

Purchase Details

Closed on
Oct 26, 2015
Sold by
Winningham Bryan W
Bought by
Robertson Randall H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
King Dennis $118,500 Meridian Title
King Dennis -- Meridian Title
Rhr I Llc -- None Available
Robertson Randall H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Dennis $94,800
Closed King Dennis $94,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $118,500 +7.8% $116 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $109,900 -- $108 / 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 $1,317 $64,300 -- $64,300
2022 $1,317 $47,500 $13,800 $33,700
2021 $978 $47,500 $13,800 $33,700
2020 $1,041 $47,500 $13,800 $33,700
2019 $690 $31,400 $4,500 $26,900
2018 $742 $33,600 $4,500 $29,100
2017 $744 $54,000 $11,600 $42,400
2016 $1,156 $52,700 $11,600 $41,100
2014 $15 $49,300 $11,600 $37,700
2013 $15 $51,900 $11,600 $40,300
Source: Public Records

Agents Affiliated with this Home

  • Jill Robinson

    Seller's Agent in 2024

    Jill Robinson

    eXp Realty, LLC

    (574) 250-9980

    1 in this area

    115 Total Sales

    Jill Robinson
    Section Image
  • Michael Welsch

    Buyer's Agent in 2024

    Michael Welsch

    Howard Hanna SB Real Estate

    (574) 360-7762

    1 in this area

    29 Total Sales

    Michael Welsch
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202421222

Indiana Regional MLS

APN: 20-06-07-252-017.000-012

Indiana Elkhart County Elkhart 46516 First

1506 W Franklin St, Elkhart, IN

This home is located at 1506 W Franklin St, Elkhart, IN 46516 since 11 June 2024 and is currently estimated at $111,948, approximately $109 per square foot. This property was built in 1900. 1506 W Franklin 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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