NOT LISTED FOR SALE

206 N 2nd St Elkhart, IN 46516

Estimated Value: $78,000 - $126,000

4 Beds
2 Baths
2,174 Sq Ft
$46/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $71,000 $33 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $644/month

264 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 3-minute walk to Langle Park
  • Forced Air Heating System

About This Home

As of May 2022

Cash offers only.

Last Agent to Sell the Property

David Singell

Myers Trust Real Estate Listed on: 08/13/2021

Last Buyer's Agent

David Singell

Myers Trust Real Estate Listed on: 08/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1870

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41x80
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 20-06-05-401-001.000-012

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $960
  • Maintenance Expense $450
  • Water Sewer Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1870
  • Age: 152
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ORIG N1/2 E1/2 LOT 45; (TIF 75)
  • Parcel Number ID: 20-06-05-401-001.000-012
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Location: City/Town/Suburb
  • Sp Lp Percent: 83.63
  • Monthly Gross Income: 1376
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3508
  • Total Finished Sq Ft: 2174
  • Above Grade Finished Sq Ft: 2174
  • Below Grade Sq Ft: 1334
  • Price Per Sq Ft: 32.66
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1334
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 960
  • Annual Maintenance Expense: 450
  • Annual Water Sewer Expense: 600

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: North Side
  • High School: Elkhart
  • Elementary School: Beardsley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x80
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel, Heating

Multi Family

  • Gross Monthly Rent: 1376
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1250

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
Aug 13, 2021
Closed on
Jun 13, 2022
Sold by
Bell Ronnie K and Bell Nancy K
Bought by
W Joel Nichols Trust
Seller's Agent
David Singell
Myers Trust Real Estate
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$84,900
Sold Price
$71,000
Premium/Discount to List
-$13,900
-16.37%
Current Estimated Value
$100,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,269
Avg. Annual Appreciation
15.49%

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jun 3, 2019
Sold by
Wentz Lorraine
Bought by
Bell Ronnie and Bell Nancy K
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$38,000
Sold Price
$34,000
Premium/Discount to List
-$4,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.35%

Purchase Details

Closed on
Dec 18, 2015
Sold by
210 N 2Nd Street and Schweinzger William L
Bought by
Indiana 206 Land Trust

Purchase Details

Closed on
Oct 4, 2013
Sold by
Schweinzger William L
Bought by
210 N 2Nd Street Land Trust

Purchase Details

Closed on
Apr 19, 2010
Sold by
Vasrue Com Inc
Bought by
Schweinzger William L and 210 N 2Nd Street Land Trust

Purchase Details

Closed on
Apr 16, 2010
Sold by
Vasrue Com Inc
Bought by
Vasrue Com Inc

Purchase Details

Closed on
Apr 14, 2010
Sold by
Mia Holdings Ii Llc
Bought by
210 North Second Land Trust

Purchase Details

Closed on
Mar 15, 2004
Sold by
Anisi James E and Anisi Tracey R
Bought by
Mia Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2003
Sold by
Yoder Lyndon D
Bought by
Anisi James E and Anisi Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,400
Interest Rate
6%

Purchase Details

Closed on
Feb 19, 2003
Sold by
Reece Sam V and Reece Janet A
Bought by
Yoder Lyndon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,400
Interest Rate
6%

Purchase Details

Closed on
Feb 17, 2003
Sold by
Reece Richard G
Bought by
Reece Sam W and Reece Janet A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,400
Interest Rate
6%

Purchase Details

Closed on
Nov 14, 2001
Sold by
Long Eva M
Bought by
Reece Sam W and Reece Janet A
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
W Joel Nichols Trust $71,000 Fidelity National Title
Bell Ronnie -- Fidelity National Ttl Co Llc
Wentz Lorraine -- Fidelity National Ttl Co Llc
Indiana 206 Land Trust -- --
210 N 2Nd Street Land Trust -- Lawyers Title
Schweinzger William L -- Metropolitan Title
Vasrue Com Inc -- Metropolitan Title
210 North Second Land Trust -- Metropolitan Title
Mia Holdings Llc -- Meridian Title Corp
Anisi James E -- --
Yoder Lyndon D -- --
Reece Sam W -- --
Reece Sam W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mia Holdings Llc $60,000
Previous Owner Anisi James E $63,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $71,000 -16.4% $33 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $84,900 0.0% $39 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $84,900 0.0% $39 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
08/13/2021 08/13/21 For Sale $84,900 +149.7% $39 / Sq Ft
06/03/2019 06/03/19 Sold $34,000 -10.5% $16 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $38,000 -- $17 / 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 $1,341 $69,300 $9,600 $59,700
2022 $1,341 $66,400 $9,600 $56,800
2021 $1,347 $65,700 $9,600 $56,100
2020 $1,285 $58,800 $9,600 $49,200
2019 $1,159 $53,200 $9,600 $43,600
2018 $749 $33,900 $3,000 $30,900
2017 $751 $33,900 $3,000 $30,900
2016 $749 $33,900 $3,000 $30,900
2014 $723 $33,900 $3,000 $30,900
2013 $312 $15,600 $9,600 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202133454

Indiana Regional MLS

APN: 20-06-05-401-001.000-012