NOT LISTED FOR SALE

22414 County Road 10 Elkhart, IN 46514

Estimated Value: $230,000 - $466,000

6 Beds
4 Baths
3,624 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $92,500 $26 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $2,041/month

4 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Laundry in Utility Room
  • Forced Air Heating System
  • 1 Car Garage
  • Luxury Vinyl Tile Flooring
  • The river is a source of water for the property

About This Home

As of January 2016

Sold As-Is seller will make no repairs. Currently set up as a 3 unit. Buyer to Verify zoning. 3 gas meters and 3 electric meters. Home is winterized. There are many possibilities to make this a single family home or 2 unit with both having walk out basements. Home sits on the Upper ST Joe river with beautiful river frontage. Lots of possibilities. First main level unit 1 has 1 bedroom and a one car garage. Second unit has a 2 bedroom and one car garage, lower level walk out basement has 3rd unit which is a 3 bedroom 2 full bath and 1 stall garage. All units are in need of rehab. Best use would be to reconfigure as a two unit splitting the lower level so both units have walk out basements. Come take a look the value is certainly the property. Home also has a detached garage around back.

Last Agent to Sell the Property

Josh Hendricks

Creekstone Realty Listed on: 12/11/2015

Last Buyer's Agent

Josh Hendricks

Creekstone Realty Listed on: 12/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 72x250
  • 72 Feet of Waterfront

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Laundry in Utility Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 2 Bathrooms in Basement
  • 3 Bedrooms in Basement

Schools

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

Utilities

  • Forced Air Heating System
  • The river is a source of water for the property
  • Well
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 20-02-36-252-003.000-026

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Waterfront: Yes
  • Year Built: 1960
  • Age: 55
  • Style: One Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: RIVERVIEW GARDENS EX 1 1/2FT E SIDE LOT 11 & PT INT IN 30FT VACATED DR BETW LOTS 8 & 9 |
  • Parcel Number ID: 20-02-36-252-003.000-026
  • Platted: Yes
  • Number Below Grade Bedrooms: 3
  • Sp Lp Percent: 97.37
  • Year Taxes Payable: 2014
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 3624
  • Total Finished Sq Ft: 3624
  • Above Grade Finished Sq Ft: 1812
  • Below Grade Finished Sq Ft: 1812
  • Price Per Sq Ft: 51.05
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Number Below Grade Bathrooms: 2
  • Total Below Grade Sq Ft: 1812
  • Number Ttl Rooms Below Grade: 7

Exterior Features

  • Exterior: Vinyl
  • Water Frontage: 72
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Private, Septic
  • Water Utilities: Well
  • Water Type: River
  • Well Type: Unknown
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of W D Hookups: 3

Schools

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

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 72x250
  • Estimated Lot Sq Ft: 17990
  • Estimated Lot Size Acres: 0.413
  • Lot Number: 11

Tax Info

  • Total Assessed Value: 229200
  • Annual Property Tax: 2910

Multi Family

  • Water Access: Frontage Lot
  • Number Of Units: 3
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 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
Dec 11, 2015
Closed on
Jan 6, 2016
Sold by
Talmer Bank
Bought by
Fifer Brent
Seller's Agent
Josh Hendricks
Creekstone Realty
Buyer's Agent
Josh Hendricks
Creekstone Realty
List Price
$95,000
Sold Price
$92,500
Premium/Discount to List
-$2,500
-2.63%
Current Estimated Value
$348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,500
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Sarver Doc A
Bought by
Talmer West Bank

Purchase Details

Closed on
Feb 15, 2012
Sold by
Roll Nathaniel B
Bought by
Sarver Doc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Smith Dennis R
Bought by
Roll Nathaniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
9.95%
Source: Public Records

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
Fifer Brent -- Hamilton Title
Talmer West Bank $187,160 None Available
Sarver Doc A -- Metropolitan Title
Roll Nathaniel B -- --
Smith Dennis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarver Doc A $200,000
Previous Owner Roll Nathaniel B $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $92,500 -2.6% $26 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $95,000 -- $26 / 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 $2,352 $294,400 $75,600 $218,800
2022 $2,352 $256,600 $75,600 $181,000
2021 $2,117 $234,100 $75,600 $158,500
2020 $2,266 $226,100 $75,600 $150,500
2019 $2,113 $215,500 $75,600 $139,900
2018 $3,359 $260,000 $92,200 $167,800
2017 $3,272 $249,000 $92,200 $156,800
2016 $4,838 $243,100 $92,200 $150,900
2014 $2,910 $229,200 $92,200 $137,000
2013 $2,369 $229,100 $92,200 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201555727

Indiana Regional MLS

APN: 20-02-36-252-003.000-026