NOT LISTED FOR SALE

207 W Garfield Ave Elkhart, IN 46516

Historic Roosevelt Neighborhood

Estimated Value: $131,000 - $155,534

5 Beds
3 Baths
2,647 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $102,000 $39 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $924/month

41 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • 5-minute walk to Tolson Park Center
  • Forced Air Heating System
  • Carpet

About This Home

As of October 2021

Multiple offer seller is asking for Highest & best by Friday 9/3/21 by 7 pm. Please make all offers expire by 12:00 noon 9/4/21. Great opportunity to own a 3 unit building that cash flows. Two 2 bedrooms and one 1 bedroom unit. Tenants pay own utilities. Each unit has washer and dryer hook up. See agent remarks

Last Agent to Sell the Property

Jennea Schirr

McKinnies Realty, LLC Elkhart Listed on: 08/26/2021

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart

Cressy & Everett- Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1917

Lot Details

  • 10,395 Sq Ft Lot
  • Lot Dimensions are 63 x 165

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, fuel, heating, sewer, trash collection, water
  • The owner pays for building insurance, maintenance, tax
  • Assessor Parcel Number 20-06-08-427-010.000-012

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 3 Separate Water Meters
  • Insurance Expense $500
  • Maintenance Expense $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1917
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: WOLFS SUNNYSIDE LOT 265
  • Parcel Number ID: 20-06-08-427-010.000-012
  • Platted: Yes
  • Amenities: Detector-Smoke, Porch Covered, Water Heater Electric, Washer Hook-Up
  • Cross Street: Prairie Street
  • Road Access: City
  • Road Surface: Paved
  • Special Features: None

Interior Features

  • Total Sq Ft: 4188
  • Total Finished Sq Ft: 2647
  • Above Grade Finished Sq Ft: 2647
  • Below Grade Sq Ft: 1541
  • Basement Foundation: Unfinished
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1541
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 700
  • Number Electric Meters: 3
  • Number Gas Meters: 1
  • Number Of W D Hookups: 1
  • Number Water Meters: 3

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 63 X 165
  • Estimated Lot Sq Ft: 10395
  • Estimated Lot Size Acres: 0.2386
  • Lot Number: 265

Rental Info

  • Owner Pays: Building Insurance, Maintenance, Tax
  • Tenant Pays: Electric, Fuel, Heating, Sewer, Trash Collection, Water

Tax Info

  • Annual Property Tax: 1284.72

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 5, 2021
Sold by
Bowerman Matthew T and Conrad Bowerman Revocable Trus
Bought by
Alvarez Luis Salvador Portillo and Aviles Jose Carlos
Seller's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$94,900
Sold Price
$102,000
Premium/Discount to List
$7,100
7.48%
Current Estimated Value
$141,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,884
Avg. Annual Appreciation
8.24%
Original Mortgage
$76,500
Outstanding Balance
$69,457
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,427

Purchase Details

Listed on
Sep 11, 2018
Closed on
Dec 26, 2018
Sold by
Ryan Thwaits
Bought by
Conrad/Bowerman Revocable Trus
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.87%

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 20, 2012
Sold by
U S Bank National Association
Bought by
Thwaits Ryan
Seller's Agent
Nate Roll
Rock Auctioneers & Real Estate
Buyer's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
List Price
$15,000
Sold Price
$14,000
Premium/Discount to List
-$1,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Closed on
Mar 28, 2012
Sold by
Baldwin Robert
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 7, 2005
Sold by
Northern Investments Llc
Bought by
Baldwin Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2004
Sold by
207 Land Trust
Bought by
Northern Investments Llc

Purchase Details

Closed on
Jul 2, 2004
Sold by
The Provident Bank
Bought by
207 Land Trust

Purchase Details

Closed on
Sep 3, 2002
Sold by
Taylor Thomas Hurley and Taylor Maria
Bought by
The Provident Bank
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
Alvarez Luis Salvador Portillo $102,000 Fidelity National Title Co
Conrad/Bowerman Revocable Trus -- New Title Company Name
Thwaits Ryan -- None Available
U S Bank National Association $12,000 None Available
Baldwin Robert -- Metropolitan Title
Northern Investments Llc -- Heritage Title Company Inc
207 Land Trust -- Title One
The Provident Bank $66,391 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Luis Salvador Portillo $76,500
Previous Owner Baldwin Robert $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $102,000 +7.5% $39 / Sq Ft
08/26/2021 08/26/21 For Sale $94,900 +137.3% $36 / Sq Ft
12/21/2018 12/21/18 Sold $40,000 -19.8% $17 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $49,900 +256.4% $22 / Sq Ft
06/06/2012 06/06/12 Sold $14,000 -6.7% $6 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $15,000 -- $6 / 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 $2,163 $112,400 $13,000 $99,400
2022 $1,270 $97,600 $13,000 $84,600
2021 $1,207 $58,800 $13,000 $45,800
2020 $1,285 $58,800 $13,000 $45,800
2019 $1,069 $58,600 $12,400 $46,200
2018 $1,022 $46,500 $6,600 $39,900
2017 $1,024 $46,500 $6,600 $39,900
2016 $1,022 $46,500 $6,600 $39,900
2014 $974 $79,500 $12,400 $67,100
2013 $1,810 $90,500 $12,400 $78,100
Source: Public Records

Agents Affiliated with this Home

  • Jennea Schirr

    Seller's Agent in 2021

    Jennea Schirr

    McKinnies Realty, LLC Elkhart

    (574) 215-9291

    3 in this area

    442 Total Sales

    Jennea Schirr
    Section Image
  • Alex Lino

    Buyer's Agent in 2021

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    12 in this area

    127 Total Sales

    Alex Lino
    Section Image

  • S

    Seller's Agent in 2018

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    1 in this area

    62 Total Sales

    Shelley Tucker
    Section Image
  • Jim McKinnies

    Buyer's Agent in 2018

    Jim McKinnies

    McKinnies Realty, LLC

    (574) 229-8808

    527 Total Sales

    Jim McKinnies
    Section Image
  • Nate Roll

    Seller's Agent in 2012

    Nate Roll

    Rock Auctioneers & Real Estate

    (574) 215-3866

    58 Total Sales

    Nate Roll
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202135711

Indiana Regional MLS

APN: 20-06-08-427-010.000-012

Indiana Elkhart County Elkhart 46516 Historic Roosevelt

207 W Garfield Ave, Elkhart, IN

Not Listed for Sale

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