NOT LISTED FOR SALE

174 N 5th St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $43,000 - $127,000

5 Beds
1 Bath
1,680 Sq Ft
$49/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $38,500 $23 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $532/month

48 Days on Market

About This Home

As of May 2023

Investment Opportunity! Check out this low cost home with a ton of potential for the right buyer. This home could be a great addition to your rental portfolio, home to live in, or maybe fix it up & resell it. Seller will only consider cash, AS-IS offers from buyers ready to close quickly. Buyer/buyer's agent to verify room dimensions, SF, and schools.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Listed on: 03/23/2023

Last Buyer's Agent

Carlos Avelar

Fenix Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 37x88
  • Property is zoned R-1 One Family Dwelling District

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Knickerbocker & Moodys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-331-017.000-012

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KNICKERBOCKER & MOODY LOT 1
  • Parcel Number ID: 20-06-05-331-017.000-012
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Sq Ft: 840
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Block, Brick
  • Living Great Room: Dimensions: 14x14, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Bedroom 1: Dimensions: 9x14, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 9x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Bedroom 5: Dimensions: 10x24, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 840

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Beardsley

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 37X88
  • Estimated Lot Sq Ft: 3049
  • Estimated Lot Size Acres: 0.07

Tax Info

  • Annual Taxes: 1130

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
Mar 23, 2023
Closed on
May 17, 2023
Sold by
Matt Buys Indiana Houses Llc
Bought by
Salas Gricelda
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Carlos Avelar
Fenix Realty, LLC
List Price
$49,900
Sold Price
$38,500
Premium/Discount to List
-$11,400
-22.85%
Views
464
Current Estimated Value
$83,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,580
Avg. Annual Appreciation
35.37%

Purchase Details

Closed on
Dec 5, 2022
Sold by
Hall-Memmott Heather Kay
Bought by
Matt Buys Indiana Houses Llc

Purchase Details

Closed on
Sep 29, 2022
Sold by
220 Investments Llc
Bought by
Hall-Memmott Heather Kay

Purchase Details

Closed on
Sep 28, 2021
Sold by
Aurora Capital Management Llc
Bought by
220 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,581
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2021
Sold by
Indiana 174 Land Trust
Bought by
Aurora Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,581
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2016
Sold by
Indian 174 Land Trusts
Bought by
Auroa Capital Mongenent Llc

Purchase Details

Closed on
Dec 18, 2015
Sold by
174 N 5Th Land Trust
Bought by
Indiana 174 Land Trust

Purchase Details

Closed on
Dec 14, 2015
Sold by
Watson Norma L
Bought by
174 N 5Th Land Trust

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bechtel Marcia A
Bought by
Watson Norma L

Purchase Details

Closed on
Jan 23, 2003
Sold by
Bank One Na
Bought by
Bechtel Marcia L

Purchase Details

Closed on
Oct 15, 2002
Sold by
Adams Todd and Adams Karla
Bought by
Bank One National Assn
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
Salas Gricelda $38,500 None Listed On Document
Matt Buys Indiana Houses Llc -- Fidelity National Title
Hall-Memmott Heather Kay -- Fidelity National Title
220 Investments Llc $20,000 Fidelity National Ttl Co Llc
Aurora Capital Management Llc $20,000 Fidelity National Ttl Co Llc
Auroa Capital Mongenent Llc $15,495 Fidelity National Ttl Co Llc
Indiana 174 Land Trust -- None Available
174 N 5Th Land Trust -- None Available
Watson Norma L -- None Available
Bechtel Marcia L -- --
Bank One National Assn $36,327 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aurora Capital Management Llc $236,581
Closed Auroa Capital Mongenent Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $38,500 -14.3% $23 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $44,900 -8.2% $27 / Sq Ft
04/20/2023 04/20/23 Price Changed $48,900 -2.0% $29 / Sq Ft
03/23/2023 03/23/23 For Sale $49,900 -- $30 / 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 $1,151 $59,300 $8,900 $50,400
2022 $1,151 $58,200 $8,900 $49,300
2021 $1,185 $57,700 $8,900 $48,800
2020 $1,131 $51,700 $8,900 $42,800
2019 $1,021 $46,800 $8,900 $37,900
2018 $587 $26,400 $2,800 $23,600
2017 $588 $26,400 $2,800 $23,600
2016 $587 $26,400 $2,800 $23,600
2014 $527 $24,700 $2,800 $21,900
2013 $516 $25,800 $8,900 $16,900
Source: Public Records

Agents Affiliated with this Home

  • Brad Beer

    Seller's Agent in 2023

    Brad Beer

    Heart City Realty LLC

    (574) 875-5149

    2 in this area

    334 Total Sales

    Brad Beer
    Section Image
  • Carlos Avelar

    Buyer's Agent in 2023

    Carlos Avelar

    Fenix Realty, LLC

    (574) 849-9022

    4 in this area

    243 Total Sales

    Carlos Avelar
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202308414

Indiana Regional MLS

APN: 20-06-05-331-017.000-012

Indiana Elkhart County Elkhart 46516 Sherman

174 N 5th St, Elkhart, IN

Not Listed for Sale

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