NOT LISTED FOR SALE

2801 W Elm St Wichita, KS 67203

Indian Hills Neighborhood

Estimated Value: $152,000 - $185,000

4 Beds
6 Baths
1,404 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 10, 2022

Current estimated payment $1,043/month

70 Days on Market

About This Home

As of January 2022

THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON DECEMBER 9TH. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. This side-by-side duplex sits in Northwest Wichita near Riverside, the Delano District, and the Sedgwick County Zoo! This property used to be a fourplex but is now being used as a duplex, giving each unit a basement.  Unit 2803 is currently vacant, and unit 2801 is rented for $475 month to month. That gives you a potential monthly income of $950!! The exterior features off-street parking, a storage shed, separate entries in the front and back of the property, and separate gas and electric meters.  Inside the units is a living room with laminate flooring and a picture window. The kitchen has eating space and includes a refrigerator and oven. Two bedrooms and a full bathroom with a tub/shower combination complete the main level. Each unit has access to the partially finished basement from the backyard, giving you storage space and laundry hookups. The property is currently occupied by a tenant. There is no written lease available for the property. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $5,000.

Last Agent to Sell the Property

Rick Brock

McCurdy Real Estate & Auction, LLC License #00032084 Listed on: 09/30/2021

Last Buyer's Agent

Nicole Kennedy

Real Broker LLC License #00231722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 1950

Lot Details

  • 7,826 Sq Ft Lot

Home Design

  • Side-by-Side
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Black Elementary School
  • Hadley Middle School
  • North High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer
  • The owner pays for lawn maintenance, trash
  • Assessor Parcel Number 20173-136-13-0-44-01-004.00

Community Details

Overview

  • 2 Units
  • Sim Park Gardens Addition Subdivision

Building Details

  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,245

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Twin/Duplex
  • Style: Side By Side
  • Estimated Age: 51 - 80 Years
  • Total Specials: 31.2
  • Year Built: 1950
  • Annual Specials: 31.2
  • Estimated TFLA: 1404
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 772

Interior Features

  • Appliances: Dishwasher, Over/Range
  • Basement: Yes - Unfinished
  • Basement Use: Tenant Laundry, Tenant Storage
  • Number Of Stories: One

Exterior Features

  • Construction: Vinyl
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Street Parking
  • On Site Parking Spaces: 2

Utilities

  • Cooling: Individual Unit, Central Electric
  • Flood Insurance: Unknown
  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Black
  • Middle School: Hadley
  • High School: North
  • Elementary School: Black
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7826
  • Geo ADDRESS Line: 2801 W Elm St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 11/11/2021
  • Geo Zoom Level: 16

Rental Info

  • Owner Paid Utilities: Lawn Maintenance, Trash
  • Tenant Paid Utilities: Electric, Gas, Water/Sewer

Tax Info

  • Assessor Parcel Number: 20173-136-13-0-44-01-004.00
  • General Taxes: 1273.56
  • General Tax Year: 2020

Multi Family

  • Number Of Units: 2
  • Number Of 2 Bedroom Units: 2
  • Rent Per Unit 2 Bedroom: $475
  • Gross Income: 11400

MLS Schools

  • Middle School: Hadley
  • School District: Wichita School District (USD 259)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 10, 2022
Sold by
Rasmussen Leo
Bought by
Sharp Holdings Llc
Seller's Agent
Rick Brock
McCurdy Real Estate & Auction, LLC
Buyer's Agent
Nicole Kennedy
Real Broker LLC
List Price
$90,750
Sold Price
$90,750
Current Estimated Value
$168,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,750
Avg. Annual Appreciation
18.88%
Original Mortgage
$72,600
Outstanding Balance
$67,597
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$96,903

Purchase Details

Closed on
Mar 20, 2008
Sold by
Green Stephen D
Bought by
Rasmussen Leo
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
Sharp Holdings Llc -- Security 1St Title Llc
Rasmussen Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Holdings Llc $72,600
Closed Sharp Holdings Llc $72,600
Previous Owner Rasmussen Leo O $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold -- -- --
12/09/2021 12/09/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $90,750 -- $65 / Sq Ft
Source: South Central Kansas 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
2023 $1,245 $10,827 $1,645 $9,182
2022 $1,365 $12,363 $1,553 $10,810
2021 $0 $11,662 $1,553 $10,109
2020 $1,305 $11,317 $1,553 $9,764
2019 $1,185 $10,270 $1,553 $8,717
2018 $1,123 $9,776 $1,001 $8,775
2017 $1,124 $0 $0 $0
2016 $742 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Brock

    Seller's Agent in 2022

    Rick Brock

    McCurdy Real Estate & Auction, LLC

    (316) 683-0612

    1 in this area

    509 Total Sales

    Rick Brock
    Section Image
  • Nicole Kennedy

    Buyer's Agent in 2022

    Nicole Kennedy

    Real Broker LLC

    (620) 791-8692

    1 in this area

    189 Total Sales

    Nicole Kennedy
    Section Image
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Map

Source: South Central Kansas MLS

MLS Number: 604558

South Central Kansas MLS

APN: 136-13-0-44-01-004.00

Kansas Sedgwick County Wichita 67203 Indian Hills

2801 W Elm St, Wichita, KS

This home is located at 2801 W Elm St, Wichita, KS 67203 since 30 September 2021 and is currently estimated at $168,500, approximately $120 per square foot. This property was built in 1950. 2801 W Elm St is a home located in Sedgwick County with nearby schools including Black Traditional Magnet Elementary School, Hadley Middle School, and Wichita High School North.

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.

South Central Kansas 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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.

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