NOT LISTED FOR SALE

2315 Main St Elwood, IN 46036

Estimated Value: $91,000 - $182,000

3 Beds
2 Baths
2,344 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $35,000 $15 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $805/month

33 Days on Market

About This Home

As of April 2023

This is a two unit, the front house that faces Main Street, includes a Living room, dining room, kitchen and 1 bedroom on main level, the upper level has 3 bedrooms. (total 4) The back apartment has a living room, small kitchen, two bedrooms, bath with a stand up shower. New sewer line under the house, 6" sewer line outside to street done in 2020. All Pex plumbing lines in the front and back units, each unit has it's own clean out. New flooring in the front unit, 100 amp service in both units. Front unit has a new gas furnace in 2020, back units has two heat sources, electric baseboard heat and a gas wall heater. Both units occupied and requires 24 our showing notice.

Last Agent to Sell the Property

Diana Dunham

Keller Williams Indy Metro NE License #RB14040772 Listed on: 01/17/2023

Keller Williams Indy Metro NE

Last Buyer's Agent

Diana Dunham

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 6,962 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Laundry on main level

Schools

  • Elwood Elementary School
  • Elwood Jr-Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Isenhours Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Tax Lot 08
  • Assessor Parcel Number 480415102057000027

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1908
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Isenhours
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: callddunham@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One and One Half
  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water
  • Gross Area Sq Ft: 2344
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Direction Faces: North
  • Foundation Details: Block
  • List Price: 79000
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Alley Access, Gravel
  • Unit Parking: Other

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Solid Waste: Yes

Fee Information

  • Expenses: 2988

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 6962
  • Parcel Number: 480415102057000027
  • Zoning: residential
  • Acres: <1/4 Acre
  • Price Acre: 218750

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 16620
  • Insurance Expense: 584
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1066
  • Tax Lot: 08
  • Semi Annual Property Tax Amt: 533
  • Tax Exemption: None

MLS Schools

  • Elementary School: Elwood Elementary School
  • High School: Elwood Jr-Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Dmt Commercial Division Llc
Bought by
Dmt Residential Division Llc
Total Days on Market
33
Current Estimated Value
$127,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,920
Outstanding Balance
$1,157,877
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,030,845

Purchase Details

Closed on
May 3, 2024
Sold by
Pint Properties Llc and Hiatt Tyler
Bought by
Dmt Commercial Division Llc

Purchase Details

Listed on
Jan 17, 2023
Closed on
Apr 11, 2023
Sold by
Warner F A
Bought by
Pint Properties Llc
Seller's Agent
Diana Dunham
Keller Williams Indy Metro NE
Buyer's Agent
Diana Dunham
List Price
$79,000
Sold Price
$35,000
Premium/Discount to List
-$44,000
-55.7%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.67%

Purchase Details

Closed on
Jun 16, 2008
Sold by
Wells Fargo Bank
Bought by
Warner E A

Purchase Details

Closed on
Mar 16, 2007
Sold by
Short Laura K and Warner Tara
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dmt Residential Division Llc -- Meridian Title
Dmt Residential Division Llc -- Meridian Title
Dmt Commercial Division Llc -- None Listed On Document
Pint Properties Llc $35,000 First American Title
Warner E A $10,750 --
Wells Fargo Bank Na $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dmt Residential Division Llc $1,181,920
Closed Dmt Residential Division Llc $1,181,920
Previous Owner Pint Properties Llc-S $82,600
Previous Owner Hgm Holdings Llc $37,500
Previous Owner Short Laura K $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $35,000 -55.7% $15 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $79,000 0.0% $34 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $79,000 -- $34 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,352 $67,600 $14,900 $52,700
2023 $1,196 $59,500 $14,200 $45,300
2022 $1,188 $58,600 $13,300 $45,300
2021 $1,102 $54,800 $13,300 $41,500
2020 $1,062 $52,300 $12,700 $39,600
2019 $1,040 $51,200 $12,700 $38,500
2018 $988 $48,600 $12,700 $35,900
2017 $972 $48,300 $12,700 $35,600
2016 $901 $44,800 $12,700 $32,100
2014 $888 $44,400 $12,700 $31,700
2013 $888 $44,400 $12,700 $31,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21900805

MIBOR Broker Listing Cooperative®

APN: 48-04-15-102-057.000-027