NOT LISTED FOR SALE

208 N 3rd St Elkhart, IN 46516

Estimated Value: $81,000 - $116,000

3 Beds
2 Baths
1,710 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $11,000 $6 Per Sq Ft

Est. 801% increase in value since last sale

Current estimated payment $634/month

42 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Langle Park
  • Level Lot

About This Home

As of August 2017

Good rental history. Currently rented for $1000 per month ($12,000/yr). Owner is selling his portfolio of 21 buildings. Subject to tenant's rights. Cash offers only! Wants them all gone by August 1st. Proof of funds required before showing

Last Agent to Sell the Property

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Last Buyer's Agent

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,448 Sq Ft Lot
  • Lot Dimensions are 36 x 68
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Asphalt

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, water softener
  • Assessor Parcel Number 20-06-05-328-008.000-012

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $2,800
  • Insurance Expense $360
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 117
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MANNINGS S D LOTS 100-101; BEARDS 1ST LOT 3; (TIF 75)
  • Parcel Number ID: 20-06-05-328-008.000-012
  • Platted: Yes
  • Amenities: Detector-Smoke
  • Sp Lp Percent: 73.83
  • Monthly Gross Income: 1000
  • Special Features: None

Interior Features

  • Total Sq Ft: 2788
  • Total Finished Sq Ft: 1710
  • Above Grade Finished Sq Ft: 1710
  • Below Grade Sq Ft: 1078
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 1078
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 2800
  • Annual Insurance Expense: 360
  • Annual Water Sewer Expense: 900

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 36 x 68
  • Estimated Lot Sq Ft: 2448
  • Estimated Lot Size Acres: 0.0562
  • Lot Number: 3

Rental Info

  • Owner Pays: Heating, Water Softener
  • Tenant Pays: Electric

Tax Info

  • Total Assessed Value: 23500
  • Annual Property Tax: 520

Multi Family

  • Gross Monthly Rent: 1000
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Sep 20, 2017
Sold by
Unique Management Llc
Bought by
Garcia Rental Llc
Seller's Agent
Dan Brouillette
Pheasant Ridge Realty
Buyer's Agent
Dan Brouillette
Pheasant Ridge Realty
List Price
$24,900
Sold Price
$11,000
Premium/Discount to List
-$13,900
-55.82%
Current Estimated Value
$99,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,086
Avg. Annual Appreciation
31.63%
Interest Rate
3.78%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Unique Investment Group Llc
Bought by
Unique Management Llc

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jan 18, 2012
Sold by
Simons Jeff
Bought by
Unique Investment Group Llc
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Martin Moeller
Realty Group Resources
List Price
$24,000
Sold Price
$22,000
Premium/Discount to List
-$2,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jan 9, 2012
Sold by
Dean Jason
Bought by
Simons Jeff
Seller's Agent
Micki Olson
Realty Group Resources
Buyer's Agent
Martin Moeller
Realty Group Resources
List Price
$24,000
Sold Price
$22,000
Premium/Discount to List
-$2,000
-8.33%

Purchase Details

Closed on
Aug 31, 2007
Sold by
Crawford Inc
Bought by
208 N 3Rd Land Trust

Purchase Details

Closed on
Oct 12, 2006
Sold by
Nagy John and Nagy Lenora L
Bought by
Nagy Lenora L and Lenora L Nagy Revocable Living Trust

Purchase Details

Closed on
Oct 18, 2002
Sold by
Nagy John and Nagy Lenora
Bought by
Crawford Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,474
Interest Rate
7.25%
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 Buyer Sale Price Title Company
Garcia Rental Llc $100 --
Unique Management Llc -- None Available
Unique Investment Group Llc -- Lawyers Title
Simons Jeff -- Lawyers Title
208 N 3Rd Land Trust -- Meridian Title Corp
Crawford Inc -- Meridian Title Corp
Nagy Lenora L -- None Available
Crawford Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Garcia Rental Llc --
Previous Owner Crawford Inc $33,474
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $11,000 -55.8% $6 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $24,900 +13.2% $15 / Sq Ft
01/18/2012 01/18/12 Sold $22,000 -8.3% $13 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/28/2011 12/28/11 For Sale $24,000 -- $14 / 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 $1,301 $67,300 $7,600 $59,700
2022 $1,301 $31,300 $7,600 $23,700
2021 $609 $29,300 $7,600 $21,700
2020 $648 $29,300 $7,600 $21,700
2019 $533 $24,100 $2,400 $21,700
2018 $537 $24,100 $2,400 $21,700
2017 $712 $32,100 $2,400 $29,700
2016 $535 $24,000 $2,400 $21,600
2014 $505 $23,700 $2,400 $21,300
2013 $578 $28,900 $7,600 $21,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Brouillette

    Pheasant Ridge Realty

  • Micki Olson

    Seller's Agent in 2012

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    152 Total Sales

    Micki Olson
    Section Image

  • M

    Buyer's Agent in 2012

    Martin Moeller

    Realty Group Resources

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201724355

Indiana Regional MLS

APN: 20-06-05-328-008.000-012

Indiana Elkhart County Elkhart 46516

208 N 3rd St, Elkhart, IN

This home is located at 208 N 3rd St, Elkhart, IN 46516 since 01 June 2017 and is currently estimated at $99,086, approximately $57 per square foot. This property was built in 1900. 208 N 3rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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