NOT LISTED FOR SALE

201 State St Elkhart, IN 46516

Estimated Value: $126,000 - $160,000

4 Beds
1 Bath
3,144 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $65,000 $21 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $903/month

7 Days on Market

About This Home

As of November 2012

Public Auction Oct 25 at 5 pm Sales price was $40,000 cash for duplex and $15,000 donation to YFC for adjoining lot. Duplex with separate utilities, 2 bed 1 bath each side, currently rented. This property is in also very good condition. There is also a 700+ square foot office building and covered parking garage for the tenants. Surfaced driveway and parking lot.

Last Agent to Sell the Property

Brad Hooley

Bartel & Company Listed on: 10/18/2012

Last Buyer's Agent

Brad Hooley

Bartel & Company Listed on: 10/18/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1900

Lot Details

  • 7,536

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Additional Features

  • Lot Dimensions are 116 x 130
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel
  • The owner pays for sewer, water
  • Assessor Parcel Number 06-05-483-017-012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$888

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Style: Two Story
  • Legal Description: L LOT 44; (TIF 110) E1/4 O L LOT 43; (TIF 110) |
  • Parcel Number ID: 06-05-483-017-012
  • Platted: Yes
  • Amenities: Storage
  • Parcel Id2: 06-05-483-018-012
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1000
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Sq Ft: 3144
  • Basement Foundation: Full Basement

Exterior Features

  • Exterior: Vinyl

Utilities

  • Heating Fuel: Gas

Lot Info

  • Lot Dimensions: 116 x 130

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel

Tax Info

  • Annual Property Tax: 888

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2013
Sold by
Peterson Darrell R
Bought by
Elkhart County Youth For Christ Inc
Current Estimated Value
$140,618

Purchase Details

Listed on
Oct 18, 2012
Closed on
Nov 1, 2012
Sold by
Bentley John D
Bought by
Peterson Darrell R
Seller's Agent
Brad Hooley
Bartel & Company
Buyer's Agent
Brad Hooley
Bartel & Company
List Price
$40,001
Sold Price
$65,000
Premium/Discount to List
$24,999
62.5%

Purchase Details

Closed on
Oct 11, 2003
Sold by
Bentley John D
Bought by
John D Bentley Trust
Source: Public Records

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
Elkhart County Youth For Christ Inc -- Meridian Title Corp
Peterson Darrell R -- Meridian Title Commercial
John D Bentley Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $65,000 +62.5% $21 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $40,001 -- $13 / 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 $1,527 $79,200 $11,300 $67,900
2022 $1,527 $78,700 $11,300 $67,400
2021 $1,469 $71,700 $11,300 $60,400
2020 $1,406 $64,400 $11,300 $53,100
2019 $1,273 $58,500 $11,300 $47,200
2018 $1,193 $54,400 $11,300 $43,100
2017 $1,215 $55,300 $14,500 $40,800
2016 $1,173 $53,500 $14,500 $39,000
2014 $1,345 $61,100 $14,500 $46,600
2013 $1,336 $64,500 $14,500 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666322

Indiana Regional MLS

APN: 20-06-05-483-018.000-012