$420,000
SOLD JAN 23, 2025

28197 Morgan St Elkhart, IN 46517

11 Beds
5 Baths
2,040 Sq Ft
0.5 Acres

Recently Sold

$206 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Level Lot
  • Jimtown Intermediate School Rated A-
  • Fenced Yard

About This Home

As of January 2025

Great Investment Opportunity ! Property features 2 UNIT BUILDINGS ON SAME PLATTED MAP AND SAME TAX ID . UNIT 1. (A ) . 3 BEDROOMS , 2BATHROOMS , OPEN CONCEPT LIVING-DINING- KITCHEN AREA. WASHER DRYER HOOK UP IN BATHROOM. FULL BASEMENT , FENCED IN YARD. UNIT 1. ( B ) 2 BEDROOM , 1BATHROOM , OPEN CONCEPT LIVING-DINING - KITCHEN AREA . NO WASHER DRYER HOOK-UP AND CRAWL SPACE . UNIT 2. ( C ) ... 3 BEDROOM , 1 BATHROOM , OPEN CONCEPT LIVING - DINING - KITCHEN AREA . WASHER, DRYER HOOK-UP. UNIT 2 . ( D ) .. 3 BEDROOM , 1 BATHROOM , OPEN CONCEPT LIVING - DINING - KITCHEN AREA . WASHER , DRYER HOOK-UP. FURNACES , WATER HEATERS , ROOF ALL 2024.

Last Buyer's Agent

Daryle Lambright

RE/MAX Results-Goshen

RE/MAX Results-Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $566

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 132 x 165
  • Backs to Open Ground
  • Fenced Yard
  • Chain Link Fence
  • Level Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Laminate Countertops
  • Washer Hookup

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Schools

  • Jimtown Elementary And Middle School
  • Jimtown High School

Utilities

  • Window Unit Cooling System
  • Private Company Owned Well
  • Well
  • Gas Water Heater
  • Private Sewer

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 20-05-13-478-002.000-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$566

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1986
  • Age: 38
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 11
  • Number Above Grade Bedrooms: 11
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Legal Description: BON AIR VISTA LOT 9 EX W PT & LOTS 10 & 11
  • Parcel Number ID: 20-05-13-478-002.000-001
  • Platted: Yes
  • Amenities: Basement, Fenced Yard, Countertops-Laminate, Open Floor Plan, Water Heater Electric, Water Heater Gas, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 97.67
  • Zoning Description: Zo01
  • Year Taxes Payable: 2023/2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 2040
  • Total Finished Sq Ft: 2040
  • Above Grade Finished Sq Ft: 2040
  • Price Per Sq Ft: 205.88
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Poured Concrete

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Fence: Chain Link
  • Stories: 2

Garage/Parking

  • Driveway: Concrete, Gravel
  • Number Of Parking Spaces: 4

Utilities

  • Cooling: Window
  • Heating Fuel: Conventional
  • Sewer: Private
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Well Type: Private
  • Number Of W D Hookups: 3

Schools

  • School District: Baugo Community
  • Elementary School: Jimtown
  • Middle School: Jimtown
  • High School: Jimtown
  • Elementary School: Jimtown

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 132 X 165
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Multi Family

  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 3
  • Number Of 4 Bedrooms: 3

MLS Schools

  • High School: Jimtown
  • Middle School: Jimtown
  • School District: Baugo Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jan 23, 2025
Sold by
Ramos Octavio
Bought by
Alpha Estates Llc
Buyer's Agent
Daryle Lambright
RE/MAX Results-Goshen
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Total Days on Market
34
Views
57
Current Estimated Value
$282,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,308
Avg. Annual Appreciation
-45.11%
Original Mortgage
$294,000
Outstanding Balance
$292,145
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$9,453

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 30, 2023
Sold by
Duffield Michael S
Bought by
Ramos Octavio
Seller's Agent
Alyssa Lopez
Milestone Realty, LLC
List Price
$92,000
Sold Price
$110,000
Premium/Discount to List
$18,000
19.57%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.60%

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 27, 2023
Sold by
Duffield Michael S
Bought by
Ramos Octavio
Seller's Agent
Alyssa Lopez
Milestone Realty, LLC
List Price
$92,000
Sold Price
$110,000
Premium/Discount to List
$18,000
19.57%
Views
35

Purchase Details

Closed on
Jan 4, 2023
Sold by
Wait Mary Lynda
Bought by
Duffield Michael S

Purchase Details

Closed on
Sep 18, 2012
Sold by
Wait Mary L and Duffield Michael S
Bought by
Wait Mary L and Duffield Michael S

Purchase Details

Closed on
Dec 14, 2004
Sold by
Fashbaugh Mary Lynda
Bought by
Wait Mary Lynda and Duffield Michael
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $110,000 None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $420,000 -2.3% $206 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $430,000 +290.9% $211 / Sq Ft
10/27/2023 10/27/23 Sold $110,000 +19.6% $54 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $92,000 -- $45 / 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 $566 $91,700 $11,900 $79,800
2022 $566 $83,400 $11,900 $71,500
2021 $422 $74,400 $11,900 $62,500
2020 $326 $59,500 $11,900 $47,600
2019 $304 $55,600 $11,900 $43,700
2018 $276 $54,200 $11,900 $42,300
2017 $288 $50,700 $11,900 $38,800
2016 $275 $49,200 $11,900 $37,300
2014 $254 $48,200 $11,900 $36,300
2013 $276 $48,200 $11,900 $36,300
Source: Public Records

Agents Affiliated with this Home

  • Daryle Lambright

    Buyer's Agent in 2025

    Daryle Lambright

    RE/MAX

    (574) 238-4587

    86 Total Sales

    Daryle Lambright
    Section Image
  • Alyssa Lopez

    Seller's Agent in 2023

    Alyssa Lopez

    Milestone Realty, LLC

    45 Total Sales

    Alyssa Lopez
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202413853

Indiana Regional MLS

APN: 20-05-13-478-002.000-001

Indiana Elkhart County Elkhart 46517

28197 Morgan St, Elkhart, IN

This home is located at 28197 Morgan St, Elkhart, IN 46517 and is currently priced at $420,000, approximately $205 per square foot. This property was built in 1986. 28197 Morgan St is a home located in Elkhart County with nearby schools including Jimtown Intermediate School, Jimtown Elementary School, and Jimtown Junior High School.

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.

Indiana Regional 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. Information is deemed reliable but not guaranteed.

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