NOT LISTED FOR SALE

25381 Modrell Ave Elkhart, IN 46514

Estimated Value: $110,000 - $155,662

3 Beds
1 Bath
925 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $15,500 $17 Per Sq Ft

Est. 796% increase in value since last sale

Current estimated payment $820/month

8 Days on Market

About This Home

As of May 2013

INVESTOR SPECIAL! LOTS OF POTENTIAL ON LARGE LOT W/ OVERSIZED GARAGE, DEED SHOWS EASEMENT ON NORTHEAST CORNER TO INDEPENDENCE, POSSIBLE SUB-DIVIDE FOR SELLABLE LOT! PROPERTY SOLD "AS-IS" NO WARRANTIES, CASH OFFERS ONLY PLEASE.

Last Agent to Sell the Property

David Morgan

Realty Results, LLC Listed on: 04/30/2013

Last Buyer's Agent

Stephen Bottom

Realty Group Resources

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

1938

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1938
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ROSELAWN W 100FT LOT 59
  • Parcel Number ID: 25381MODRELL
  • Platted: Yes
  • Grid: Elkhart
  • Sp Lp Percent: 0.62
  • State Id: 25381MODRELL
  • Special Features: None

Interior Features

  • Total Sq Ft: 925
  • Total Finished Sq Ft: 925
  • Above Grade Finished Sq Ft: 925
  • Price Per Sq Ft: 16.76
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 925

Exterior Features

  • Exterior: Aluminum, Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well

Lot Info

  • Lot Dimensions: 340x100

Tax Info

  • Annual Taxes: 665
  • Total Assessed Value: 66500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2013
Sold by
Schlabach Ray A
Bought by
Schlabach Ray A and Schlabach Hughes Tabatha
Current Estimated Value
$138,916

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 20, 2013
Sold by
5 Star Investment Group V Llc
Bought by
Schlabach Ray A
Seller's Agent
David Morgan
Realty Results, LLC
Buyer's Agent
Stephen Bottom
Realty Group Resources
List Price
$25,000
Sold Price
$15,500
Premium/Discount to List
-$9,500
-38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Apr 2, 2013
Sold by
Demott Richard E and Demott Carol A
Bought by
5 Star Investment Group V Llc
Seller's Agent
David Morgan
Realty Results, LLC
Buyer's Agent
Stephen Bottom
Realty Group Resources
List Price
$25,000
Sold Price
$15,500
Premium/Discount to List
-$9,500
-38%

Purchase Details

Closed on
Oct 23, 2002
Sold by
Hayes Ervin J
Bought by
Demott Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.18%
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
Schlabach Ray A -- Metropolitan Title
Schlabach Ray A -- Metropolitan Title
5 Star Investment Group V Llc $50,000 None Available
Demott Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demott Richard $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $15,500 -38.0% $17 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $25,000 -- $27 / 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 $623 $128,400 $25,300 $103,100
2022 $623 $104,500 $25,300 $79,200
2021 $530 $92,000 $25,300 $66,700
2020 $525 $86,500 $25,300 $61,200
2019 $1,550 $81,900 $25,300 $56,600
2018 $1,505 $76,000 $25,300 $50,700
2017 $143 $72,400 $25,300 $47,100
2016 $134 $71,000 $25,700 $45,300
2014 $106 $67,800 $25,700 $42,100
2013 $119 $68,900 $25,700 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 631523

Indiana Regional MLS

APN: 20-02-33-201-005.000-026