NOT LISTED FOR SALE

1523 Morehouse Ave Elkhart, IN 46516

Historic Roosevelt Neighborhood

Estimated Value: $85,000 - $166,000

2 Beds
2 Baths
1,294 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $72,000 $56 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $677/month

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Sterling Park
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of April 2023

*Back on market at no fault to the seller* Now's your chance for home ownership. The home, located on a cul de sac, is a blank canvas ready for your personal touch. With a little bit of elbow-grease you could re-introduce the hardwood floors underneath the carpet and unique wood built-in's again as the focus points of the home. A partially finished basement has all the storage space one could dream of! The potential awaiting to be unlocked in this 2 bed, 2 full bath is hard to rival. Schedule your private showing today!

Last Agent to Sell the Property

Jeffrey Binkley

McKinnies Realty, LLC Elkhart Listed on: 01/27/2023

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $225

Year Built

  • Built in 1920

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 43 x 120
  • Cul-De-Sac

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Roosevelt Elementary School
  • Pierre Moran Middle School
  • Elkhart High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Morehouse Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-06-09-304-013.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$225

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 103
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MOREHOUSE ADD; LOT 6
  • Parcel Number ID: 20-06-09-304-013.000-012
  • Platted: Yes
  • Cross Street: E Indiana
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 96
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3058
  • Total Finished Sq Ft: 1294
  • Above Grade Finished Sq Ft: 1294
  • Above Grade Unfinished Sq Ft: 1176
  • Below Grade Sq Ft: 588
  • Price Per Sq Ft: 55.64
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Extra Room: Sun Porch, Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 588

Exterior Features

  • Outbuilding1: Outbuilding, Dimensions: 10x8, 80
  • Outbuilding2: Outbuilding, Dimensions: 12x12, 144

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x14
  • Garage Sq Ft: 252
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 43 X 120
  • Estimated Lot Sq Ft: 5160
  • Estimated Lot Size Acres: 0.1184
  • Lot Number: 6

Tax Info

  • Annual Taxes: 224.92

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Apr 19, 2023
Sold by
Whisler Russell
Bought by
Iv Homes Llc
Seller's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Views
234
Current Estimated Value
$119,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,693
Avg. Annual Appreciation
24.82%
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
Iv Homes Llc $72,000 Fidelity National Title Compan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $72,000 -4.0% $56 / Sq Ft
02/14/2023 02/14/23 For Sale $75,000 0.0% $58 / Sq Ft
02/14/2023 02/14/23 Price Changed $75,000 -11.7% $58 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $84,900 -- $66 / 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 $357 $101,700 $7,400 $94,300
2022 $357 $81,100 $7,400 $73,700
2021 $225 $73,900 $7,400 $66,500
2020 $204 $70,600 $7,400 $63,200
2019 $196 $64,300 $7,400 $56,900
2018 $147 $59,200 $7,400 $51,800
2017 $119 $55,900 $7,400 $48,500
2016 $99 $53,800 $7,400 $46,400
2014 $92 $54,700 $7,400 $47,300
2013 $157 $55,800 $7,400 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Binkley

    Seller's Agent in 2023

    Jeffrey Binkley

    McKinnies Realty, LLC Elkhart

    (574) 849-9258

    1 in this area

    88 Total Sales

    Jeffrey Binkley
    Section Image
  • Alex Lino

    Buyer's Agent in 2023

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    11 in this area

    137 Total Sales

    Alex Lino
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202302404

Indiana Regional MLS

APN: 20-06-09-304-013.000-012

Indiana Elkhart County Elkhart 46516 Historic Roosevelt

1523 Morehouse Ave, Elkhart, IN

This home is located at 1523 Morehouse Ave, Elkhart, IN 46516 since 27 January 2023 and is currently estimated at $119,693, approximately $92 per square foot. This property was built in 1920. 1523 Morehouse 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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