$28,250
SOLD JAN 23, 2014

1516 Morton Ave Elkhart, IN 46516

Historic Roosevelt Neighborhood
3 Beds
1.5 Baths
1,352 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

29% Below List Price

34 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Level Lot
  • 2 Car Detached Garage

About This Home

As of June 2014

Property Being Sold As-Is. Needs TLC Two Story family home. This property is eligible under the Freddie Mac First Look Initiative through 12/05/2013. Only offers from Owner Occupants, non-profits, NSP grantees and community development organizations are eligible during the First Look Initiative. Seller is offering $500 towards a Home Warranty for Owner Occupant Buyers Only.

Last Agent to Sell the Property

Mark Cain

Coldwell Banker Real Estate Group Listed on: 11/20/2013

Coldwell Banker Real Estate Group

Last Buyer's Agent

Steve Miller

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1920

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

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

$674

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 93
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • 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
  • Sp Lp Percent: 94.48
  • 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 Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Bedroom 1: Dimensions: 12x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x9, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • 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: Level
  • Lot Dimensions: 47 X 119
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 673.52
  • Exemptions: Homestead

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%
Total Days on Market
34
Current Estimated Value
$132,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,774
Avg. Annual Appreciation
7.05%
Original Mortgage
$61,858
Outstanding Balance
$47,730
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$85,044

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 Type Sale Price Title Company
Warranty Deed -- Metropolitan Title
Special Warranty Deed -- None Available
Sheriffs Deed $65,235 None Available
Warranty Deed -- Lawyers Title
Special Warranty Deed -- Lawyers Title
Special Warranty Deed -- --
Sheriffs Deed $73,917 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $61,858 FHA
Previous Owner $60,000 Unknown
Previous Owner $87,670 Purchase Money Mortgage
Previous Owner $31,837 Purchase Money Mortgage
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

    357 Total Sales

    Steve Miller
    Section Image
  • Mark Cain

    Seller's Agent in 2014

    Mark Cain

    Coldwell Banker Real Estate Group

    19 Total Sales

    Section Image
  • Miguel Montiel

    Buyer's Agent in 2014

    Miguel Montiel

    Coldwell Banker Real Estate Group

    (574) 215-5015

    4 in this area

    98 Total Sales

    Miguel Montiel
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201318352

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 and is currently priced at $28,250, approximately $20 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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