NOT LISTED FOR SALE

1568 W Franklin St Elkhart, IN 46516

First Neighborhood

Estimated Value: $97,000 - $140,000

3 Beds
2 Baths
1,680 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $70,000 $42 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $798/month

25 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Eat-In Kitchen
  • The river is a source of water for the property
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2016

Enjoy the sunsets on the St. Joseph River overlooking McNaughton Park ! Updated in 2008: Furnace and central a/c. updated Electrical service. Vinyl windows, roof and siding replaced a few years before 2008 according to information sheet at the time of purchase. Appliances stay ! Reverse Osmosis Drinking water system. Flooring new in 2013, paint in 2015. Upper Level Dormers add charm to UL Bedrooms. Walkout lower level family room, complete with laundry area and 3/4 bath.

Last Agent to Sell the Property

Sheryl Miller

Cressy & Everett- Elkhart Listed on: 05/24/2016

Cressy & Everett- Elkhart

Last Buyer's Agent

Jaclyn Ward

Berkshire Hathaway HomeServices Goshen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $342

Year Built

  • Built in 1900

Lot Details

  • 2,701 Sq Ft Lot
  • Lot Dimensions are 40 x 68
  • 40 Feet of Waterfront

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-06-07-252-030.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$342

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Moores Lot 45
  • Parcel Number ID: 20-06-07-252-030.000-012
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Porch Enclosed
  • Cross Street: Lamar
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1486
  • Below Grade Finished Sq Ft: 194
  • Below Grade Sq Ft: 480
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x8, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 8x11, On Level: Lower
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: Back Porch, Dimensions: 7x30, On Level: Main
  • Bedroom 1: Dimensions: 16x8, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 7x9, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Other Room1: Front Porch, Dimensions: 4x8, On Level: Main
  • Other Room 2: On Level: N
  • Other Room 3: On Level: N
  • Loft: On Level: N/A
  • Main Level Sq Ft: 812
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 674

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Water Frontage: 40
  • Water Name: St. Joe River Lower

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Type: River

Lot Info

  • Lot Description: Waterfront, Waterfront-Medium Bank
  • Lot Dimensions: 40 x 68
  • Estimated Lot Sq Ft: 2701
  • Estimated Lot Size Acres: 0.062

Tax Info

  • Annual Taxes: 342
  • Exemptions: Homestead, Mortgage, Supplemental

Multi Family

  • Water Access: Frontage Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Pennymac Loan Services Llc
Bought by
Arshay Llc
Current Estimated Value
$124,915

Purchase Details

Closed on
Mar 30, 2022
Sold by
Sheriff Of Elkhart County
Bought by
Pennymac Loan Services Llc and One Advantage Llc

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 5, 2016
Sold by
Perkey Joshua R and Perkey Rachel L
Bought by
Thornton Melissa J
Seller's Agent
Sheryl Miller
Cressy & Everett- Elkhart
Buyer's Agent
Jaclyn Ward
Berkshire Hathaway HomeServices Goshen
List Price
$68,000
Sold Price
$70,000
Premium/Discount to List
$2,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$68,732
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2015
Sold by
Perkey Joshua R and Zimmer Melissa R
Bought by
Perkey Joshua R and Perkey Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,373
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2008
Sold by
Simons Jeff
Bought by
Perkey Joshua R and Zimmer Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,159
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2008
Sold by
Guaranty Bank
Bought by
Simons Jeff

Purchase Details

Closed on
Feb 27, 2008
Sold by
Oliver Nicholas D
Bought by
Guaranty Bank

Purchase Details

Closed on
Feb 28, 2007
Sold by
Ferrier Joshua
Bought by
Oliver Nicholas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2006
Sold by
Pal Amanda
Bought by
Ferrier Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 29, 2005
Sold by
Wachovia Bank Na
Bought by
Pal Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 11, 2005
Sold by
Shoufler David W
Bought by
Wachovia Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arshay Llc $76,500 Codilis Law Llc
Pennymac Loan Services Llc $76,000 Barnes Barry T
Thornton Melissa J -- None Available
Perkey Joshua R -- First American Title Ins Co
Perkey Joshua R -- Lawyers Title
Simons Jeff -- Lawyers Title
Guaranty Bank $9,000 None Available
Oliver Nicholas D -- Stewart Title
Ferrier Joshua -- Title Works Inc
Pal Amanda -- Homecrest Title Llc
Wachovia Bank Na $26,117 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thornton Melissa J $68,732
Previous Owner Perkey Joshua R $63,373
Previous Owner Perkey Joshua R $68,159
Previous Owner Oliver Nicholas D $95,000
Previous Owner Ferrier Joshua $85,500
Previous Owner Pal Amanda $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $70,000 +2.9% $42 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $68,000 -- $40 / 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 $1,711 $88,900 $5,900 $83,000
2022 $1,711 $75,400 $5,900 $69,500
2021 $511 $69,000 $5,900 $63,100
2020 $473 $62,600 $5,900 $56,700
2019 $417 $56,100 $5,900 $50,200
2018 $430 $56,600 $5,900 $50,700
2017 $407 $52,500 $5,900 $46,600
2016 $389 $51,000 $5,900 $45,100
2014 $342 $47,600 $5,900 $41,700
2013 -- $50,500 $5,900 $44,600
Source: Public Records

Agents Affiliated with this Home

  • Sheryl Miller

    Seller's Agent in 2016

    Sheryl Miller

    Cressy & Everett- Elkhart

    (574) 612-2313

    27 Total Sales

    Sheryl Miller
    Section Image

  • J

    Buyer's Agent in 2016

    Jaclyn Ward

    Berkshire Hathaway HomeServices Goshen

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Map

Source: Indiana Regional MLS

MLS Number: 201623665

Indiana Regional MLS

APN: 20-06-07-252-030.000-012

Indiana Elkhart County Elkhart 46514 First

1568 W Franklin St, Elkhart, IN

Not Listed for Sale

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