NOT LISTED FOR SALE

207 N 2nd St Elkhart, IN 46516

Estimated Value: $141,000 - $225,000

5 Beds
4 Baths
2,460 Sq Ft
$70/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $110,000 $45 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,119/month

201 Days on Market

Highlights

  • Covered patio or porch
  • Level Lot
  • 3-minute walk to Langle Park
  • Hot Water Heating System
  • Carpet

About This Home

As of April 2022

This home is located at 207 N 2nd St, Elkhart, IN 46516 since 13 August 2021 and is currently estimated at $171,873, approximately $69 per square foot. This property was built in 1890. 207 N 2nd St is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side Middle School, and Elkhart High School's Freshman Division.

Last Listed By

David Singell

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 42x83
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 20-06-05-328-014.000-012

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $1,600
  • Insurance Expense $1,180
  • Maintenance Expense $1,000
  • Water Sewer Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Age: 132
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: ORIG N1/2 E1/2 LOT 45; (TIF 75)
  • Parcel Number ID: 20-06-05-328-014.000-012
  • Platted: Yes
  • Amenities: Basement, Off Street Parking, Porch Covered, Water Heater Electric
  • Sp Lp Percent: 81.54
  • Monthly Gross Income: 2666
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3642
  • Total Finished Sq Ft: 2460
  • Above Grade Finished Sq Ft: 2460
  • Below Grade Sq Ft: 1182
  • Price Per Sq Ft: 44.72
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1182
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 900
  • Annual Fuel Expense: 1600
  • Annual Insurance Expense: 1180
  • Annual Maintenance Expense: 1000
  • Annual Water Sewer Expense: 1000

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: 42x83
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Rental Info

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

Multi Family

  • Gross Monthly Rent: 2666
  • Number Of Refrigerators: 3
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1065

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
May 25, 2022
Sold by
Julian Pierfax Marcel
Bought by
Nuach Reality Llc
Seller's Agent
David Singell
Myers Trust Real Estate
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$134,900
Sold Price
$110,000
Premium/Discount to List
-$24,900
-18.46%
Total Days on Market
201
Current Estimated Value
$171,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,873
Avg. Annual Appreciation
18.46%
Original Mortgage
$106,133
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2021
Closed on
Apr 21, 2022
Sold by
Julian Pierfax Marcel
Bought by
Nuach Reality Llc
Seller's Agent
David Singell
Myers Trust Real Estate
Buyer's Agent
Julie Hall
Patton Hall Real Estate
List Price
$134,900
Sold Price
$110,000
Premium/Discount to List
-$24,900
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,133
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 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
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.10%

Purchase Details

Closed on
Dec 18, 2015
Sold by
207 N Second Land Trust
Bought by
Indiana 207 Land Trust

Purchase Details

Closed on
Oct 4, 2013
Sold by
Schwcinzger William L
Bought by
207 North Second Street Land Trust

Purchase Details

Closed on
Jul 27, 2010
Sold by
Whitmer J A
Bought by
Schweinzger William L and 207 North Second Street Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.81%
Mortgage Type
Seller Take Back

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
Nuach Reality Llc -- Fidelity National Title
Pierfax Marcel Julian -- Fidelity National Title
Nuach Reality Llc -- Fidelity National Title
Pierfax Marcel Julian -- Fidelity National Title
Bell Ronnie -- Fidelity National Ttl Co Llc
Wentz Lorraine -- Fidelity National Ttl Co Llc
Indiana 207 Land Trust -- None Available
207 North Second Street Land Trust -- Lawyers Title
Schweinzger William L -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuach Reality Llc $136,500
Closed Pierfax Marcel Julian $106,133
Closed Pierfax Marcel Julian $106,133
Previous Owner Schweinzger William L $15,000
Previous Owner Schweinzger William L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $110,000 -18.5% $45 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $134,900 0.0% $55 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
08/13/2021 08/13/21 For Sale $134,900 +199.8% $55 / Sq Ft
06/03/2019 06/03/19 Sold $45,000 -18.2% $18 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $55,000 -- $22 / 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 $1,993 $103,600 $9,700 $93,900
2022 $1,993 $77,800 $3,200 $74,600
2021 $2,006 $98,200 $9,700 $88,500
2020 $1,062 $48,500 $9,700 $38,800
2019 $963 $44,100 $9,700 $34,400
2018 $818 $37,100 $3,200 $33,900
2017 $814 $36,800 $3,200 $33,600
2016 $812 $36,800 $3,200 $33,600
2014 $778 $36,500 $3,200 $33,300
2013 $860 $43,000 $9,700 $33,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202133438

Indiana Regional MLS

APN: 20-06-05-328-014.000-012