NOT LISTED FOR SALE

Estimated Value: $190,000 - $207,000

4 Beds
2 Baths
1,620 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2020

Last sale price $129,900 $80 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,512 / mo

7 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property
  • Central Air

About This Home

As of October 2020

Take a look at this great investment opportunity. There are two, single-family units in this duplex, and they both currently have long term lease agreements. Each unit has two BR's and one full bath, along with a great living room and kitchen on each side. The duplex won't last long; call for your private showing!

Last Agent to Sell the Property

Vince Beasley

Northern Lakes Realty Listed on: 09/04/2020

Co-Listed By

Lindsay Beasley

Northern Lakes Realty

Last Buyer's Agent

Vince Beasley

Northern Lakes Realty Listed on: 09/04/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 66 x 77
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable
  • The owner pays for maintenance
  • Assessor Parcel Number 20-11-10-158-018.000-015

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Insurance Expense $756
  • Maintenance Expense $789
  • Water Sewer Expense $774

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 2004
  • Style: One Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LETTA MERCERS EX 40FT W END 39 EX 40FT W END 40 |
  • Parcel Number ID: 20-11-10-158-018.000-015
  • Platted: Yes
  • Amenities: Off Street Parking
  • Grid: 60 Elkhart Co.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1620
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 1620
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 756.45
  • Annual Maintenance Expense: 789
  • Annual Water Sewer Expense: 774
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 66 x 77
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 6 Months, 1 Year
  • Owner Pays: Maintenance
  • Tenant Pays: Cable

Tax Info

  • Annual Property Tax: 3506.24

Multi Family

  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 29, 2020
Sold by
Sb Countryside Investments Llc
Bought by
Hawkins Cody Leee
Seller's Agent
Vince Beasley
Northern Lakes Realty
Buyer's Agent
Vince Beasley
Northern Lakes Realty
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$200,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,303
Avg. Annual Appreciation
8.26%
Original Mortgage
$96,700
Outstanding Balance
$85,260
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,943

Purchase Details

Closed on
Mar 9, 2017
Sold by
Grimes Mare
Bought by
Sb Countryside Investments Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Miller Paul J
Bought by
Grimes Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Shallenbarger Jim
Bought by
Miller Paul J

Purchase Details

Closed on
Apr 13, 2004
Sold by
Seidner Benjamin L
Bought by
Shallenbarger Jim
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
Hawkins Cody Leee -- None Available
Sb Countryside Investments Llc -- North American Title
Grimes Marc -- Stewart Title Of Elkhart Of
Miller Paul J -- --
Shallenbarger Jim -- Stewart Title Of Elkhart Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Cody Leee $96,700
Previous Owner Grimes Marc $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $129,900 0.0% $80 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $129,900 -- $80 / Sq Ft
Source: Indiana Regional MLS

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
2025 $5,317 $150,900 -- $150,900
2024 $3,766 $212,100 $12,000 $200,100
2022 $3,766 $150,700 $0 $150,700
2021 $3,872 $161,900 $12,000 $149,900
2020 $4,040 $150,100 $12,000 $138,100
2019 $3,521 $142,200 $12,000 $130,200
2018 $3,022 $128,700 $12,000 $116,700
2017 $2,604 $127,400 $12,000 $115,400
2016 $2,557 $121,300 $7,400 $113,900
2014 $2,472 $120,000 $7,400 $112,600
2013 $2,330 $116,500 $7,400 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035574

Indiana Regional MLS

APN: 20-11-10-158-018.000-015

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