$45,000
SOLD JUN 3, 2019

207 N 2nd St Elkhart, IN 46516

4 Beds
4 Baths
2,460 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

18% Below List Price

1 Day on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 3-minute walk to Langle Park

About This Home

As of April 2022

Pending at Print.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 02/17/2019

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

David Singell

Myers Trust Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41 x85

Home Design

  • Quadruplex
  • Brick Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • 4 Bathrooms in Basement

Location

  • Suburban Location

Schools

  • Beardsley Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Radiator
  • Hot Water Heating System

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $3,500
  • Fuel Expense $3,210
  • Insurance Expense $800
  • Maintenance Expense $250
  • Water Sewer Expense $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$799

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1890
  • Age: 129
  • Style: Two Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • 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
  • Location: City/Town/Suburb
  • Sp Lp Percent: 81.82
  • Monthly Gross Income: 2400
  • Year Taxes Payable: 2017
  • 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: 18.29
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Brick
  • Flooring: Part Carpet, Wood
  • Number Below Grade Bathrooms: 4
  • Total Below Grade Sq Ft: 1182
  • Number Ttl Rooms Below Grade: 2

Exterior Features

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

Utilities

  • Heating Fuel: Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 3500
  • Annual Fuel Expense: 3210
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 250
  • Annual Water Sewer Expense: 2800

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: Pierre Moran
  • High School: Elkhart Central
  • Elementary School: Beardsley

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41 x85
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 45

Rental Info

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

Tax Info

  • Total Assessed Value: 36800
  • Annual Property Tax: 799

Multi Family

  • Gross Monthly Rent: 2400
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 3

MLS Schools

  • High School: Elkhart Central
  • Middle School: Pierre Moran
  • 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%
Current Estimated Value
$163,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,148
Avg. Annual Appreciation
12.94%
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
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 Type Sale Price Title Company
Quit Claim Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Ttl Co Llc
Deed -- Fidelity National Ttl Co Llc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title
Personal Reps Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,500 New Conventional
Closed $106,133 New Conventional
Closed $106,133 New Conventional
Previous Owner $15,000 Unknown
Previous Owner $10,000 Seller Take Back
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: 201905459

Indiana Regional MLS

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