NOT LISTED FOR SALE

Estimated Value: $100,000 - $119,000

3 Beds
1 Bath
1,514 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $109,000 $72 Per Sq Ft

Current estimated payment $651/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Geroldean Thursby Memorial Tot Lot

About This Home

As of November 2023

Current use is as a duplex but can be converted to a single family is desired. This property is fit with a new roof, a newer furnace and water heater. Very convenient location close to downtown and the developing River District. The Front unit has a kitchen, a living room, two bedrooms and a landing upstairs, a family room or possible 3rd bedroom, and one bath. The Back unit is a studio with one bed and one bath. The Back Unit has basement access. Please have your agent read the agent remarks for further details on the lease. Property is being sold as-is.

Last Listed By

Jeffrey Binkley

McKinnies Realty, LLC Elkhart Brokerage Email: McKinniesRealty@gmail.com Listed on: 10/06/2023

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1900

Lot Details

  • 5,320 Sq Ft Lot
  • Lot Dimensions are 40 x 133

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Beardsley Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for water
  • Assessor Parcel Number 20-06-05-306-019.000-012

Community Details

Overview

  • 2 Units
  • Fieldhouse Subdivision

Building Details

  • Insurance Expense $4,400
  • Water Sewer Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 123
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: FIELDHOUSE 5TH LOT 201
  • Parcel Number ID: 20-06-05-306-019.000-012
  • Platted: Yes
  • Amenities: Off Street Parking
  • Cross Street: Lexington
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 103.91
  • Monthly Gross Income: 1600
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 2496
  • Total Finished Sq Ft: 1514
  • Above Grade Finished Sq Ft: 1514
  • Below Grade Sq Ft: 982
  • Price Per Sq Ft: 71.99
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate, Vinyl
  • Total Below Grade Sq Ft: 982
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 4400
  • Annual Water Sewer Expense: 1500

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: North Side
  • High School: Elkhart
  • Elementary School: Beardsley

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 40 X 133
  • Estimated Lot Sq Ft: 5320
  • Estimated Lot Size Acres: 0.1221

Rental Info

  • Lease Term: 6 Months, Month to Month
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 1600
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 625

MLS Schools

  • High School: Elkhart
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 29, 2023
Sold by
Nextdoor Investments Llc
Bought by
Porter Andrew D
Seller's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$104,900
Sold Price
$109,000
Premium/Discount to List
$4,100
3.91%
Total Days on Market
7
Views
50
Current Estimated Value
$108,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85
Avg. Annual Appreciation
-0.05%
Original Mortgage
$103,550
Outstanding Balance
$102,293
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$6,622

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 2, 2022
Sold by
Nicolas Kingsbury
Bought by
Nextdoor Investments Llc
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$63,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 25, 2022
Sold by
Property Kings Llc
Bought by
Kingsbury Nicolas and Binkley Jeff
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 24, 2022
Sold by
Property Kings Llc
Bought by
Kingsbury Nicolas and Binkley Jeff
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 9, 2022
Sold by
Nicolas Kingsbury
Bought by
Nextdoor Investments Llc
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 6, 2022
Sold by
Property Kings Llc
Bought by
Kingsbury Nicolas and Binkley Jeff
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Jeffrey Binkley
McKinnies Realty, LLC Elkhart
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 30, 2021
Sold by
Bochtel Marica and Trust Number 169
Bought by
Property Kings Llc
Seller's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Heidi Gaskill
Berkshire Hathaway HomeServices Elkhart
List Price
$64,500
Sold Price
$62,000
Premium/Discount to List
-$2,500
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.26%

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
Porter Andrew D $109,000 Metropolitan Title
Nextdoor Investments Llc -- Fidelity National Title
Kingsbury Nicolas -- Fidelity National Title
Kingsbury Nicolas $90,000 Fidelity National Title
Nextdoor Investments Llc $90,000 Fidelity National Title
Kingsbury Nicolas -- Fidelity National Title
Property Kings Llc $62,000 Fidelity Natl Ttlte Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Andrew D $103,550
Previous Owner Kingsbury Nicolas $63,000
Previous Owner Kingsbury Nicolas $63,000
Previous Owner Kingsbury Nicolas $63,000
Previous Owner Trust Number 169 N Sixth $25,000
Previous Owner Bechtel Marcia $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $109,000 +3.9% $72 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $104,900 +16.6% $69 / Sq Ft
05/09/2022 05/09/22 Sold $90,000 +0.1% $59 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $89,900 +45.0% $59 / Sq Ft
11/30/2021 11/30/21 Sold $62,000 -3.9% $41 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $64,500 -- $43 / 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 $523 $71,100 $11,800 $59,300
2022 $523 $52,300 $3,800 $48,500
2021 $640 $30,800 $11,800 $19,000
2020 $680 $30,800 $11,800 $19,000
2019 $546 $24,700 $3,600 $21,100
2018 $550 $31,200 $3,600 $27,600
2017 $529 $31,200 $3,600 $27,600
2016 $530 $23,800 $3,600 $20,200
2014 $503 $23,600 $3,600 $20,000
2013 $636 $31,800 $11,800 $20,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202337673

Indiana Regional MLS

APN: 20-06-05-306-019.000-012