$230,000
SOLD MAY 17, 2024

27572 County Road 4 Elkhart, IN 46514

4 Beds
2 Baths
1,800 Sq Ft
0.46 Acres

Recently Sold

$128 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Luxury Vinyl Tile Flooring
  • Backs to Open Ground
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Looking for an investment property to add to your portfolio? Here it is. Look no further. Long term tenants. Same Day Sale

Last Agent to Sell the Property

Jennea Schirr

McKinnies Realty, LLC Elkhart Brokerage Email: McKinniesRealty@gmail.com Listed on: 05/02/2024

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

David Singell

Myers Trust Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1978

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 111x180
  • Backs to Open Ground

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Mary Feeser Elementary School
  • West Side Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, lawn maintenance, trash collection
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 20-02-19-127-006.000-026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,849

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1978
  • Age: 46
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: COUNTRY ACRES SEC IV LOT 3
  • Parcel Number ID: 20-02-19-127-006.000-026
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Open Floor Plan, Water Heater Gas
  • Sp Lp Percent: 102.27
  • Annual Miscellaneous: 1317.71
  • Monthly Gross Income: 1760
  • Year Taxes Payable: 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Price Per Sq Ft: 127.78
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private
  • Annual Insurance Expense: 1346
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Feeser
  • Middle School: West Side
  • High School: Elkhart
  • Elementary School: Mary Feeser

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 111X180
  • Estimated Lot Sq Ft: 19994
  • Estimated Lot Size Acres: 0.46
  • Lot Number: 3

Rental Info

  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Cooling, Electric, Heating, Lawn Maintenance, Trash Collection

Tax Info

  • Total Assessed Value: 181900
  • Annual Property Tax: 2849.28

Multi Family

  • Gross Monthly Rent: 1760
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: Elkhart
  • Middle School: West Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 12, 2024
Sold by
North Shore Management Llc-S Series 2757
Bought by
Jab Consolidated Llc
Seller's Agent
Jennea Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Views
11
Current Estimated Value
$250,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,198
Avg. Annual Appreciation
27.21%

Purchase Details

Closed on
Jun 15, 2022
Sold by
North Shore Management Llc-S Series 2755
Bought by
North Shore Management Llc-S Series 27572-76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2022
Sold by
North Shore Management Llc-S Series 2755
Bought by
North Shore Management Llc-S Series 27572-76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 7, 2022
Sold by
Jack W Herrli Trust
Bought by
North Shore Management Llc-S Series 2755
Seller's Agent
Christina Clauss
Coldwell Banker Real Estate Group
Buyer's Agent
Janette Amstutz
RE/MAX Results-Goshen
List Price
$174,000
Sold Price
$175,000
Premium/Discount to List
$1,000
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 28, 2022
Sold by
Jack W Herrli Trust
Bought by
North Shore Management Llc-S Series 2755
Seller's Agent
Christina Clauss
Coldwell Banker Real Estate Group
Buyer's Agent
Janette Amstutz
RE/MAX Results-Goshen
List Price
$174,000
Sold Price
$175,000
Premium/Discount to List
$1,000
0.57%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 Fidelity National Title Compan
Warranty Deed -- Griffith Xidias Law Group
Warranty Deed -- Griffith Xidias Law Group
Deed -- Near North Title Group
Deed -- Near North Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $230,000 +2.3% $128 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $224,900 +28.5% $125 / Sq Ft
02/28/2022 02/28/22 Sold $175,000 +0.6% $97 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $174,000 -- $97 / 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 $2,864 $176,200 $18,900 $157,300
2022 $2,864 $167,300 $18,900 $148,400
2021 $2,544 $149,900 $18,900 $131,000
2020 $2,847 $149,900 $18,900 $131,000
2019 $2,634 $139,800 $18,900 $120,900
2018 $2,668 $135,300 $18,900 $116,400
2017 $2,602 $128,200 $18,900 $109,300
2016 $2,479 $124,200 $18,900 $105,300
2014 $2,417 $117,800 $18,900 $98,900
2013 $2,356 $117,800 $18,900 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202415339

Indiana Regional MLS

APN: 20-02-19-127-006.000-026