PENDING
$9K PRICE DROP
1614 S E St Elwood, IN 46036
Estimated payment $949/month
Total Views
18,839
6
Beds
3
Baths
3,514
Sq Ft
$40
Price per Sq Ft
Highlights
- Covered patio or porch
- Baseboard Heating
- 5-minute walk to Civic Park
About This Home
Add this triplex to your portfolio today! Unit 1614 is being rented as a 2 bedroom unit with a long term renter for $600 rent, $575 deposit, and lease ends 2-28-26. Unit 1614.5 is a 1 bedroom unit, $475 a month, lease ends 3-30-26. Unit 1616 is also being rented as a 3 bedroom unit at $600 rent, $800 deposit, and lease ends 11-30-25. Seller pays W/T/S and tenants pay electric & gas. It has street parking and more parking in the rear off the alley. It also features a back patio and covered front porch. Don’t miss out on this great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,968
Year Built
- Built in 1890
Lot Details
- 6,930 Sq Ft Lot
- Lot Dimensions are 66x105
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Vinyl Construction Material
Interior Spaces
- 3,514 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Schools
- Elwood Elementary And Middle School
- Elwood High School
Additional Features
- Covered patio or porch
- Baseboard Heating
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
- Assessor Parcel Number 48-04-15-203-122.000-027
Community Details
Overview
- 3 Units
Pet Policy
- Pet Restriction
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,150 | $107,500 | $10,500 | $97,000 |
| 2023 | $1,968 | $98,400 | $10,000 | $88,400 |
| 2022 | $1,964 | $97,700 | $9,300 | $88,400 |
| 2021 | $1,802 | $90,100 | $9,300 | $80,800 |
| 2020 | $1,726 | $85,800 | $8,800 | $77,000 |
| 2019 | $1,682 | $83,600 | $8,800 | $74,800 |
| 2018 | $1,580 | $78,500 | $8,800 | $69,700 |
| 2017 | $1,560 | $78,000 | $8,800 | $69,200 |
| 2016 | $1,382 | $68,600 | $8,800 | $59,800 |
| 2014 | $1,364 | $68,200 | $8,800 | $59,400 |
| 2013 | $1,364 | $68,200 | $8,800 | $59,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | Price Changed | $140,900 | -0.7% | $40 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $141,900 | -0.4% | $40 / Sq Ft |
| 01/28/2025 01/28/25 | Price Changed | $142,500 | -0.7% | $41 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $143,500 | -1.6% | $41 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $145,900 | -1.1% | $42 / Sq Ft |
| 11/04/2024 11/04/24 | Price Changed | $147,500 | -1.6% | $42 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $149,900 | -- | $43 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $35,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $62,500 | New Conventional | |
| Previous Owner | $65,000 | Commercial | |
| Previous Owner | $265,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $17,500 | Credit Line Revolving | |
| Previous Owner | $42,500 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Home in Elwood, IN
Source: Indiana Regional MLS
MLS Number: 202436510
APN: 48-04-15-203-122.000-027
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