NOT LISTED FOR SALE

1849 Osolo Rd Elkhart, IN 46514

Estimated Value: $162,000 - $181,000

2 Beds
1 Bath
1,296 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $139,900 $108 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,001/month

7 Days on Market

About This Home

As of March 2022

Have you been looking for an AFFORDABLE move in ready home in this market and haven't had any luck? Today is your lucky day! This home was a lucrative investment property for years and it is now ready for it's new homeowner! Home has 2 bedrooms, but there is an option to add a 3rd bedroom upstairs (13 x 8 area already has a closet) ready to be completed, and you will have your 3rd bedroom! Seller recently updated the bathroom, trimmed the trees, installed newer kitchen cabinets, newer laminate flooring and yes all the appliances stay! It even has a brand new Armstrong Air furnace that was just installed in 2022. Home is in the desirable Pinewood Elementary district and has a detached 1 car garage. Schedule your showing this weekend! *AGENTS read remarks.*

Last Agent to Sell the Property

Leah Mark

Red Bow Realty Listed on: 02/10/2022

Last Buyer's Agent

Jaime Perez

Century 21 Circle

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1886

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 56 x 247

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-02-28-476-002.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1886

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1886
  • Style: One and Half Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN SE SE 56X247FT 208FT N SE COR SEC 28 .25A
  • Parcel Number ID: 20-02-28-476-002.000-027
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 1296
  • Above Grade Finished Sq Ft: 1296
  • Below Grade Sq Ft: 720
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Extra Room: Possible 3rd bed, Dimensions: 13x8
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 720

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Pinewood

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 56 x 247
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 703
  • Exemptions: Homestead, Mortgage, Supplemental

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
Feb 10, 2022
Closed on
Mar 30, 2022
Sold by
Nihart Fred D
Bought by
Favela Christopher A
Seller's Agent
Leah Mark
Red Bow Realty
Buyer's Agent
Jaime Perez
Century 21 Circle
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$170,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,924
Avg. Annual Appreciation
5.47%
Original Mortgage
$139,900
Outstanding Balance
$131,644
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$39,180

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 23, 2022
Sold by
Nihart Fred D
Bought by
Favela Christopher A
Seller's Agent
Leah Mark
Red Bow Realty
Buyer's Agent
Jaime Perez
Century 21 Circle
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Outstanding Balance
$131,644
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$39,180

Purchase Details

Closed on
Sep 24, 2008
Sold by
Wil Mar Parks Inc
Bought by
Nihart Fred D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,080
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Favela Christopher A -- Near North Title Group
Favela Christopher A $139,900 Near North Title Group
Nihart Fred D -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favela Christopher A $139,900
Closed Favela Christopher A $139,900
Previous Owner Nihart Fred D $40,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $139,900 0.0% $108 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $139,900 -- $108 / 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 $1,234 $125,200 $13,500 $111,700
2022 $1,234 $106,800 $13,500 $93,300
2021 $1,850 $90,500 $13,500 $77,000
2020 $718 $80,900 $13,500 $67,400
2019 $632 $76,900 $13,500 $63,400
2018 $583 $73,300 $13,500 $59,800
2017 $549 $67,300 $13,500 $53,800
2016 $529 $65,700 $13,500 $52,200
2014 $424 $56,200 $13,500 $42,700
2013 $440 $56,200 $13,500 $42,700
Source: Public Records

Agents Affiliated with this Home

  • Leah Mark

    Seller's Agent in 2022

    Leah Mark

    Red Bow Realty

    (574) 777-1269

    173 Total Sales

    Leah Mark
    Section Image
  • Jaime Perez

    Buyer's Agent in 2022

    Jaime Perez

    Century 21 Circle

    (574) 606-7876

    178 Total Sales

    Jaime Perez
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202204239

Indiana Regional MLS

APN: 20-02-28-476-002.000-027

Indiana Elkhart County Elkhart 46514

1849 Osolo Rd, Elkhart, IN

Not Listed for Sale

Detached

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