NOT LISTED FOR SALE

1537 W Franklin St Elkhart, IN 46516

First Neighborhood

Estimated Value: $78,000 - $92,000

3 Beds
1 Bath
1,264 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $70,000 $55 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $574/month

2 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of December 2023

Great opportunity in awesome central location! Positioned within walking distance to vibrant and lively Downtown Elkhart with tons of great restaurants, shopping, and community events. The home features a large and open living room with lots of natural light. Enjoy cooking in the sizable eat-in kitchen with plenty of space for a dining area. Huge highlight is the sprawling covered L-shaped front porch, offering tons of potential for relaxing and entertaining outdoors! With just a little TLC, this could be the home of your dreams! Schedule your showing today!

Last Agent to Sell the Property

Rachel Lowell

Marketplace Homes Brokerage Email: rachel.lowell@marketplacehomes.com Listed on: 11/14/2023

Last Buyer's Agent

Zena Marie Capers

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $991

Year Built

  • Built in 1910

Lot Details

  • 4,661 Sq Ft Lot
  • Lot Dimensions are 49x95
  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-277-011.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$991

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 113
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KRAUS LOT 13
  • Parcel Number ID: 20-06-07-277-011.000-012
  • Platted: Yes
  • Sp Lp Percent: 111.11
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2096
  • Total Finished Sq Ft: 1264
  • Above Grade Finished Sq Ft: 1264
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 55.38
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 13x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 832

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

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: 49X95
  • Estimated Lot Sq Ft: 4661
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 13

Tax Info

  • Annual Taxes: 991
  • Total Assessed Value: 48900

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
Nov 14, 2023
Closed on
Jan 19, 2024
Sold by
12 Bridges Inc
Bought by
12 Bridges Inc
Seller's Agent
Rachel Lowell
Marketplace Homes
Buyer's Agent
Zena Marie Capers
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$63,000
Sold Price
$70,000
Premium/Discount to List
$7,000
11.11%
Views
36
Current Estimated Value
$86,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,461
Avg. Annual Appreciation
12.06%
Original Mortgage
$52,500
Outstanding Balance
$51,864
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$33,085

Purchase Details

Listed on
Nov 14, 2023
Closed on
Jan 3, 2024
Sold by
12 Bridges Llc
Bought by
Montiel Jovany Millan
Seller's Agent
Rachel Lowell
Marketplace Homes
Buyer's Agent
Zena Marie Capers
Berkshire Hathaway HomeServices Northern Indiana Real Estate
List Price
$63,000
Sold Price
$70,000
Premium/Discount to List
$7,000
11.11%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Outstanding Balance
$51,864
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$33,085

Purchase Details

Closed on
Feb 21, 2023
Sold by
Home Partners Inc
Bought by
12 Bridges Llc

Purchase Details

Closed on
Apr 13, 2022
Sold by
Luckyland Properties Llc
Bought by
Home Partners Llc

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 16, 2017
Sold by
Kasar Investment Llc
Bought by
Luckyland Proerties Llc
Seller's Agent
Dan Brouillette
Pheasant Ridge Realty
Buyer's Agent
Dan Brouillette
Pheasant Ridge Realty
List Price
$34,750
Sold Price
$38,000
Premium/Discount to List
$3,250
9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 2, 2017
Sold by
Calistoga Corp
Bought by
Kasar Investments Llc
Seller's Agent
Dan Brouillette
Pheasant Ridge Realty
Buyer's Agent
Dan Brouillette
Pheasant Ridge Realty
List Price
$34,750
Sold Price
$38,000
Premium/Discount to List
$3,250
9.35%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Kasar Investments Llc
Bought by
Calistoga Corp

Purchase Details

Closed on
May 25, 2010
Sold by
Federal National Mortgage Association
Bought by
Kasar Investments Llc

Purchase Details

Closed on
Mar 31, 2010
Sold by
Castaneda Aydee
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 24, 2006
Sold by
Dorbin Sue
Bought by
Castaneda Aydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bank One Na
Bought by
Dorbin Sue

Purchase Details

Closed on
Jul 26, 2005
Sold by
Shoufler David W
Bought by
Bank One Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
12 Bridges Inc -- Title One
Montiel Jovany Millan -- Fidelity National Title Compan
12 Bridges Llc -- Title One
Home Partners Llc $171,394 Title One
Luckyland Proerties Llc -- Fidelity Natl Title Co Llc
Kasar Investments Llc -- Fidelity Natl Title Co Llc
Calistoga Corp -- None Available
Kasar Investments Llc -- Statewide Title Company Inc
Federal National Mortgage Association $79,026 None Available
Castaneda Aydee -- Land Title
Dorbin Sue -- Investors Titlecorp
Bank One Na $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montiel Jovany Millan $52,500
Previous Owner Luckyland Properties Llc $26,785
Previous Owner Luckyland Properties Llc $26,785
Previous Owner Castaneda Aydee $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $70,000 +11.1% $55 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $63,000 +65.8% $50 / Sq Ft
06/15/2017 06/15/17 Sold $38,000 +9.4% $30 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $34,750 -- $27 / 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 $1,244 $64,000 $12,200 $51,800
2022 $1,244 $48,900 $12,200 $36,700
2021 $1,007 $48,900 $12,200 $36,700
2020 $1,071 $48,900 $12,200 $36,700
2019 $673 $30,600 $3,800 $26,800
2018 $639 $28,800 $3,800 $25,000
2017 $562 $25,200 $3,800 $21,400
2016 $639 $28,800 $3,800 $25,000
2014 $576 $27,000 $3,800 $23,200
2013 $470 $23,500 $12,200 $11,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rachel Lowell

    Marketplace Homes

    (517) 331-3242

    1 in this area

    266 Total Sales

    Rachel Lowell
    Section Image

  • Z

    Buyer's Agent in 2023

    Zena Marie Capers

    Berkshire Hathaway HomeServices Northern Indiana Real Estate

    (574) 217-1162

    2 in this area

    142 Total Sales

    Zena Marie Capers
    Section Image

  • D

    Seller's Agent in 2017

    Dan Brouillette

    Pheasant Ridge Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202341722

Indiana Regional MLS

APN: 20-06-07-277-011.000-012

Indiana Elkhart County Elkhart 46516 First

1537 W Franklin St, Elkhart, IN

This home is located at 1537 W Franklin St, Elkhart, IN 46516 since 14 November 2023 and is currently estimated at $86,461, approximately $68 per square foot. This property was built in 1910. 1537 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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