$108,000
SOLD APR 22, 2025
4 Beds
2 Baths
1,508 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Community Storage Space
  • Ceiling Fan

About This Home

As of April 2025

Are you on the hunt for a prime investment property? Your search ends here! Both units are already rented out, allowing you to step into immediate income potential. Keep the current tenants and enjoy hassle-free earnings! The owner states low maintenance, making this an irresistible opportunity for savvy investors. Don’t miss out! The owner has 2 additional properties that he would be willing to sell as a package deal ...

Last Agent to Sell the Property

Jennea Schirr

McKinnies Realty, LLC Elkhart Brokerage Phone: 574-215-9291 Listed on: 03/13/2025

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Adam DeShone

Realty Plus, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1910

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 55x132
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Hawthorne Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • The owner pays for building insurance, electric, heating, lawn maintenance, maintenance
  • Assessor Parcel Number 20-06-08-309-008.000-012

Community Details

Building Details

  • Electric Expense $900
  • Fuel Expense $900
  • Insurance Expense $816
  • Maintenance Expense $150

Additional Features

  • 2 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,102

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1910
  • Age: 115
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: WOLFS 2ND MID 1/3 LOT 175 WOLFS 2ND MID 1/3 LOT 176
  • Parcel Number ID: 20-06-08-309-008.000-012
  • Platted: Yes
  • Amenities: Ceiling Fan, Off Street Parking, Storage, Cable Available
  • Sp Lp Percent: 93.99
  • Monthly Gross Income: 2304
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2262
  • Total Finished Sq Ft: 1508
  • Above Grade Finished Sq Ft: 1508
  • Below Grade Sq Ft: 754
  • Price Per Sq Ft: 71.62
  • Basement: Yes
  • Basement Foundation: Michigan Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 754
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Fuel Expense: 900
  • Annual Insurance Expense: 816
  • Annual Maintenance Expense: 150
  • Number Of W D Hookups: 1

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Hawthorne
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Hawthorne

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 55X132
  • Estimated Lot Sq Ft: 7275
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 175

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance

Multi Family

  • Gross Monthly Rent: 2304
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2102.26

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
Mar 13, 2025
Closed on
Apr 22, 2025
Sold by
1Ajclr Properties Llc
Bought by
Baller Properties Llc
Seller's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Adam DeShone
Realty Plus, Inc.
List Price
$114,900
Sold Price
$108,000
Premium/Discount to List
-$6,900
-6.01%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.82%
Original Mortgage
$100,000
Outstanding Balance
$75,207
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$50,697

Purchase Details

Closed on
Jun 12, 2023
Sold by
Chupp Jeffrey A
Bought by
1Ajclr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2023
Sold by
Pheasant Ridge Development Company Inc
Bought by
Chupp Jeff A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2021
Sold by
Haffner Eric L and Haffner Lesley
Bought by
Pheasant Ridge Development Company Inc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Boyce Melvin L
Bought by
Haffner Eric L and Haffner Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2003
Sold by
Homecomings Financial Network Inc
Bought by
Boyce Melvin L

Purchase Details

Closed on
Dec 17, 2002
Sold by
Bruce Derek and Crosslin Grover T
Bought by
Homecomings Financial Network Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title Compan
Warranty Deed $204,000 Meridian Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $9,717 Near North Title Group
Warranty Deed -- Meridian Title Corp
Corporate Deed -- Royal Title Services
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Construction
Previous Owner $223,500 New Conventional
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $108,000 -6.0% $72 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $114,900 -- $76 / 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 $2,102 $109,400 $9,900 $99,500
2022 $2,102 $94,700 $9,900 $84,800
2021 $1,716 $83,900 $9,900 $74,000
2020 $1,689 $77,500 $9,900 $67,600
2019 $1,544 $71,100 $9,900 $61,200
2018 $1,427 $65,200 $9,900 $55,300
2017 $1,361 $62,000 $9,900 $52,100
2016 $1,303 $59,500 $9,900 $49,600
2014 $1,300 $61,000 $9,900 $51,100
2013 $1,244 $62,200 $9,900 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202508120

Indiana Regional MLS

APN: 20-06-08-309-008.000-012