Seller's Agent in 2025
Heather Clemmons
Starr Real Estate LLC
(765) 288-1711
1 in this area
489 Total Sales
1614 S E St Elwood, IN 46036
6
Beds
3
Baths
3,514
Sq Ft
6,930
Sq Ft Lot
Highlights
- Covered Patio or Porch
- Baseboard Heating
- 5-minute walk to Civic Park
About This Home
As of June 2025Add 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
- Tenant pays for electric, heating
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
May 27, 2025
Sold by
Smith Family Realty Llc
Bought by
Gutierrez Andrew Esteban
Seller's Agent
Heather Clemmons
Starr Real Estate LLC
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$149,900
Sold Price
$134,000
Premium/Discount to List
-$15,900
-10.61%
Views
239
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,143
Avg. Annual Appreciation
-5.23%
Original Mortgage
$100,500
Outstanding Balance
$100,329
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$31,528
Purchase Details
Closed on
Apr 1, 2019
Sold by
Five Stream Ventures Llc
Bought by
Smith Family Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2009
Sold by
Community Bank
Bought by
Great River Construction Llc
Purchase Details
Closed on
Mar 20, 2009
Sold by
Spencer Brian K
Bought by
Community Bank
Purchase Details
Closed on
Dec 13, 2006
Sold by
Spencer John P and Spencer Donna B
Bought by
Spencer Brian K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 21, 2005
Sold by
Pierce Maurice W
Bought by
Spencer John P and Spencer Donna B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Rowland Title | |
| 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 |
|---|---|---|---|
| Open | $100,500 | New Conventional | |
| Previous Owner | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | $134,000 | -4.9% | $38 / Sq Ft |
| 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
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Heather Clemmons
-
Diana Martin
Buyer's Agent in 2025
Diana Martin
NonMember MEIAR
(765) 747-7197
20 in this area
3,797 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202436510
APN: 48-04-15-203-122.000-027
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