NOT LISTED FOR SALE

1810 Main St Elwood, IN 46036

Estimated Value: $111,000 - $158,000

3 Beds
3 Baths
2,462 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $99,900 $41 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $954/month

2 Days on Market

About This Home

As of September 2021

Investment property with 4 units is ready for a new landlord. Three of four units are currently occupied. The 4th unit (above the garage) will be advertised for rent shortly as tenant is in the process of moving out. Property offers a 3 car garage that is not currently rented or utilized by tenants. Additional storage or rentable space located behind garage that has electrical (no plumbing). Landlord pays for water/sewer and grass cutting. Trash is included with property taxes. Tenants paying remaining utilities and supply their own AC (window unit). Great option for someone to occupy a unit and rent the remainder as well.

Last Agent to Sell the Property

Kristin Bergunder

Compass Indiana, LLC License #RB17000641 Listed on: 08/05/2021

Compass Indiana, LLC

Last Buyer's Agent

Diana Dunham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1895

Lot Details

  • 0.29

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding

Additional Features

  • 2-Story Property
  • 0.29 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • The owner pays for inshazard, insurance, lawncare, taxes, sewer, water
  • Assessor Parcel Number 480410303150000027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,338

Year Built

Built in 1895

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1895
  • Lot Size Acres: 0.29
  • Structure Type: Quadruplex
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Unit Count: 4
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: InsHazard, Insurance, Lawncare, Taxes, Sewer, Water
  • Sq Ft Main Upper: 0
  • Laundry: Connections Some

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 99900
  • Road Access: Frontage Road,CityStreet

Garage/Parking

  • Garage Spaces: 3
  • Unit Parking: Guest Parking,Parking Garage,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 3300

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 480410303150000027
  • Acres: 1/4-1/2 Acre
  • Lot Information: Access Alley,Access Street,Sidewalks,Street Lights,Not In Subdivision
  • Lot Number: 0
  • Lot Size: 8,712

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Net Operating Income: 18500
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2338
  • Semi Annual Property Tax Amt: 1169
  • Tax Exemption: None

MLS Schools

  • School District: Elwood Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Hiatt Myles
Bought by
Dmt Residential Division Llc
Current Estimated Value
$130,851

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 17, 2021
Sold by
Starrco Investments Llc
Bought by
Hiatt Myles
Seller's Agent
Kristin Bergunder
Compass Indiana, LLC
Buyer's Agent
Diana Dunham
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$74,925
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2016
Sold by
Starr Donald E and Starr Xiao Lin
Bought by
Starrco Investments Llc
Source: Public Records

Range of Values:

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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
Dmt Residential Division Llc -- None Listed On Document
Hiatt Myles $99,900 Fidelity National Title
Starrco Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmt Residential Division Llc $1,181,920
Previous Owner Hiatt Myles $74,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $99,900 0.0% $41 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $99,900 -- $41 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,776 $138,800 $11,100 $127,700
2023 $2,860 $126,500 $10,600 $115,900
2022 $2,854 $125,700 $9,800 $115,900
2021 $2,526 $111,800 $9,600 $102,200
2020 $2,339 $103,100 $8,900 $94,200
2019 $2,278 $100,400 $8,900 $91,500
2018 $2,150 $94,800 $8,900 $85,900
2017 $2,129 $94,300 $8,900 $85,400
2016 $2,088 $91,800 $8,700 $83,100
2014 $2,114 $93,600 $8,900 $84,700
2013 $2,114 $93,600 $8,900 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21802462

MIBOR Broker Listing Cooperative®

APN: 48-04-10-303-150.000-027