NOT LISTED FOR SALE

2040 Toledo Rd Elkhart, IN 46516

Middlebury South Neighborhood
-- Bed
-- Bath
148,034 Sq Ft
12 Acres

About This Home

This home is located at 2040 Toledo Rd, Elkhart, IN 46516. 2040 Toledo Rd is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Wells Fargo Bank Na
Bought by
La Isla Bonita 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
$2,167,500
Outstanding Balance
$546,063
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2016
Sold by
Louisiana Industriplex Llc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 13, 2006
Sold by
2040 Toledo Road Llc
Bought by
Indiana Circle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,880,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2006
Sold by
Bcl Elkhart Llc
Bought by
2040 Toledo Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,880,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2005
Sold by
Toledo Road Partners Lp
Bought by
Bcl Elkhart Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2004
Sold by
Foamex Lp
Bought by
Toledo Road Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
La Isla Bonita Properties Llc -- None Available
Wells Fargo Bank Na $1,855,000 None Available
Indiana Circle Llc -- Lawyers Title
2040 Toledo Road Llc -- Lawyers Title
Bcl Elkhart Llc -- Meridian Title Corp
Toledo Road Partners Lp -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Isla Bonita Properties $2,167,500
Previous Owner Indiana Circle Llc $14,880,000
Previous Owner 2040 Toledo Road Llc $14,880,000
Previous Owner Bcl Elkhart Llc $3,850,000
Previous Owner Toledo Road Partners Lp $2,000,000
Source: Public Records

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 $87,724 $1,737,700 $261,000 $1,476,700
2022 $87,724 $2,569,500 $261,000 $2,308,500
2021 $79,353 $2,590,300 $281,800 $2,308,500
2020 $79,264 $2,479,600 $281,800 $2,197,800
2019 $71,569 $2,242,400 $264,800 $1,977,600
2018 $70,972 $2,242,400 $264,800 $1,977,600
2017 $72,022 $2,242,400 $264,800 $1,977,600
2016 $71,817 $2,239,900 $264,800 $1,975,100
2014 $73,904 $2,359,800 $264,800 $2,095,000
2013 $70,794 $2,359,800 $264,800 $2,095,000
Source: Public Records

Map

Indiana Elkhart County Elkhart 46516 Middlebury South

2040 Toledo Rd, Elkhart, IN

This home is located at 2040 Toledo Rd, Elkhart, IN 46516. 2040 Toledo Rd is a home located in Elkhart County with nearby schools including Riverview Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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