NOT LISTED FOR SALE

1507 W Lexington Ave Elkhart, IN 46514

McNaughton Neighborhood

Estimated Value: $142,000 - $185,000

2 Beds
1.5 Baths
1,380 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $94,900 $69 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $970/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Patio
  • Level Lot

About This Home

As of April 2018

New roof to be installed on the house in the next couple of week weather permitting. The kitchen has a vaulted ceiling with recessed lighting and new laminate flooring. New range. The cabinets and counter tops had been updated a few years ago. There is space for a table along with the formal dining room makes a great area for entertaining. There is also a half bath off the kitchen. Large living room with the possibility of a gas log fireplace. The two bedrooms are upstairs with walk-in closets and also the full bath. Basement offers great storage area. Updated mechanicals. Large privacy fenced backyard with patio area. Detached garage.

Last Agent to Sell the Property

Micki Olson

Realty Group Resources Listed on: 03/05/2018

Realty Group Resources

Last Buyer's Agent

Heidi Gaskill

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1930

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 44 x 142
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-06-06-380-004.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 88
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: McNaughton Park Lot 4 |
  • Parcel Number ID: 20-06-06-380-004.000-012
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Patio Open
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1952
  • Total Finished Sq Ft: 1380
  • Above Grade Finished Sq Ft: 1380
  • Below Grade Sq Ft: 572
  • Price Per Sq Ft: 68.77
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 21x11, On Level: Main
  • Kitchen: Dimensions: 18x15, On Level: Main
  • Dining Room: Dimensions: 11x10, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Upper
  • Bedroom 2: Dimensions: 14x7, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 572

Exterior Features

  • Exterior: Aluminum, Stone
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x12
  • Garage Sq Ft: 216
  • Garage: Yes
  • Off Street Parking: 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 Memorial

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 44 x 142
  • Estimated Lot Sq Ft: 6229
  • Estimated Lot Size Acres: 0.143
  • Lot Number: 4

Tax Info

  • Annual Taxes: 1608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 7, 2018
Sold by
Ottman Jr Earl J
Bought by
Palmer Heather
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
List Price
$94,900
Sold Price
$94,900
Current Estimated Value
$159,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,136
Avg. Annual Appreciation
8.04%
Original Mortgage
$55,860
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 26, 2018
Sold by
Ottman Jr Earl J
Bought by
Palmer Heather
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,860
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2009
Sold by
Ottman Earl J
Bought by
Ottman Earl J and Ottman Michelle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,800
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2002
Sold by
Charlston Harry E and Charlston Jann M
Bought by
Ottman Earl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,450
Interest Rate
6.7%
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
Palmer Heather $56,418 Fidelity National Title
Palmer Heather $56,418 Fidelity National Title
Ottman Earl J -- Lawyers Title
Ottman Earl J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Heather $45,000
Open Palmer Heather $108,872
Closed Palmer Heather $83,150
Closed Palmer Heather $80,000
Closed Palmer Heather $80,000
Closed Palmer Heather $55,860
Closed Palmer Heather $55,860
Previous Owner Ottman Earl J $65,800
Previous Owner Ottman Earl J $67,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $94,900 0.0% $69 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $94,900 -- $69 / 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 $1,190 $123,600 $13,400 $110,200
2022 $1,190 $107,100 $13,400 $93,700
2021 $1,013 $98,900 $14,000 $84,900
2020 $1,031 $96,700 $14,000 $82,700
2019 $887 $83,700 $14,000 $69,700
2018 $742 $76,600 $14,000 $62,600
2017 $1,608 $73,100 $14,000 $59,100
2016 $1,607 $73,200 $14,000 $59,200
2014 $1,522 $71,100 $14,000 $57,100
2013 $1,398 $69,600 $14,000 $55,600
Source: Public Records

Agents Affiliated with this Home

  • Micki Olson

    Seller's Agent in 2018

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    154 Total Sales

    Section Image
  • Heidi Gaskill

    Buyer's Agent in 2018

    Heidi Gaskill

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-7478

    2 in this area

    223 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201808208

Indiana Regional MLS

APN: 20-06-06-380-004.000-012

Indiana Elkhart County Elkhart 46514 McNaughton

1507 W Lexington Ave, Elkhart, IN

This home is located at 1507 W Lexington Ave, Elkhart, IN 46514 since 05 March 2018 and is currently estimated at $165,956, approximately $120 per square foot. This property was built in 1930. 1507 W Lexington Ave 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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