NOT LISTED FOR SALE

1516 Morton Ave Elkhart, IN 46516

Historic Roosevelt Neighborhood

Estimated Value: $96,000 - $163,000

3 Beds
1.5 Baths
1,352 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $63,000 $47 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $902/month

38 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of June 2014

Great Value! Beautifully updated 3 bedroom home. Refinished hardwood floors, new carpet. Some new windows. New appliances stay. Hi efficiency GFA furnace. New water heater. Relax in the enclosed front porch or enjoy the private back yard. Large detached garage.

Last Agent to Sell the Property

Steve Miller

RE/MAX Results-Goshen Listed on: 04/15/2014

RE/MAX Results-Goshen

Last Buyer's Agent

Miguel Montiel

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47 x 119

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20-06-09-327-008.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,165

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 94
  • Style: Two Story
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: ALLENDALE LOT 127; (TIF 136)
  • Parcel Number ID: 20-06-09-327-008.000-012
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Eat-In Kitchen
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.92
  • Special Features: None

Interior Features

  • Total Sq Ft: 2028
  • Total Finished Sq Ft: 1352
  • Above Grade Finished Sq Ft: 1352
  • Below Grade Sq Ft: 676
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 23x12, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • Main Level Sq Ft: 676
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 676

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x18
  • Garage Sq Ft: 360

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 47 x 119
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 1164.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 30, 2014
Sold by
Schmucker Rich
Bought by
Juarez Javier Cisneros
Seller's Agent
Steve Miller
RE/MAX Results-Goshen
Buyer's Agent
Miguel Montiel
Coldwell Banker Real Estate Group
List Price
$72,500
Sold Price
$63,000
Premium/Discount to List
-$9,500
-13.1%
Current Estimated Value
$139,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,583
Avg. Annual Appreciation
7.20%
Original Mortgage
$61,858
Outstanding Balance
$47,730
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$89,955

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 16, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schmucker Rich
Seller's Agent
Mark Cain
Coldwell Banker Real Estate Group
Buyer's Agent
Steve Miller
RE/MAX Results-Goshen
List Price
$39,900
Sold Price
$28,250
Premium/Discount to List
-$11,650
-29.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
545.73%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Doerscher Richard
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 29, 2007
Sold by
Blessing Dave and Blessing Bonnie
Bought by
Doerscher Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,670
Interest Rate
10.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Hud
Bought by
Blessing Dave and Blessing Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,837
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Aug 23, 2005
Sold by
Correll Donald Eric
Bought by
Citimortgage Inc
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
Juarez Javier Cisneros -- Metropolitan Title
Schmucker Rich -- None Available
Federal Home Loan Mortgage Corporation $65,235 None Available
Doerscher Richard -- Lawyers Title
Blessing Dave -- Lawyers Title
Hud -- --
Citimortgage Inc $73,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Javier Cisneros $61,858
Previous Owner Doerscher Richard $87,670
Previous Owner Blessing Dave $31,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $63,000 -13.1% $47 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $72,500 +156.6% $54 / Sq Ft
01/23/2014 01/23/14 Sold $28,250 -29.2% $21 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $39,900 -- $30 / 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 $1,985 $98,200 $8,100 $90,100
2022 $621 $89,000 $8,100 $80,900
2021 $692 $81,000 $8,100 $72,900
2020 $636 $77,300 $8,100 $69,200
2019 $546 $70,500 $8,100 $62,400
2018 $506 $64,900 $8,100 $56,800
2017 $494 $61,500 $8,100 $53,400
2016 $465 $59,000 $8,100 $50,900
2014 $535 $56,400 $8,100 $48,300
2013 $1,150 $57,500 $8,100 $49,400
Source: Public Records

Agents Affiliated with this Home

  • Steve Miller

    Seller's Agent in 2014

    Steve Miller

    RE/MAX

    (574) 238-1436

    2 in this area

    361 Total Sales

    Steve Miller
    Section Image

  • M

    Seller's Agent in 2014

    Mark Cain

    Coldwell Banker Real Estate Group

    Section Image
  • Miguel Montiel

    Buyer's Agent in 2014

    Miguel Montiel

    Coldwell Banker Real Estate Group

    (574) 215-5015

    3 in this area

    95 Total Sales

    Miguel Montiel
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201412844

Indiana Regional MLS

APN: 20-06-09-327-008.000-012

Indiana Elkhart County Elkhart 46516 Historic Roosevelt

1516 Morton Ave, Elkhart, IN

This home is located at 1516 Morton Ave, Elkhart, IN 46516 since 15 April 2014 and is currently estimated at $139,583, approximately $103 per square foot. This property was built in 1920. 1516 Morton Ave is a home located in Elkhart County with nearby schools including Mary Beck Elementary School, 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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