NOT LISTED FOR SALE

2944 S Main St Unit 2 Elkhart, IN 46517

Homer Neighborhood

Estimated Value: $152,000 - $181,000

3 Beds
1 Bath
2,359 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $120,000 $51 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,002/month

2 Days on Market

About This Home

As of April 2022

2 UNIT - 1 unit has 3 bedrooms, and the other is a studio apartment. Great income, currently rented.

Last Agent to Sell the Property

Lisa Arendt

Alternative Real Estate Sales Listed on: 04/13/2022

Last Buyer's Agent

Abel Garcia

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1946

Lot Details

  • 10,472 Sq Ft Lot
  • Lot Dimensions are 88x119

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Monger Elementary School
  • Pierre Moran Middle School
  • Elkhart High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Private Sewer

Community Details

  • Insurance Expense $566
  • Maintenance Expense $300
  • Water Sewer Expense $252

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 20-06-15-354-062.000-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,555

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1946
  • Style: Two Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Revised Mongers Lot 19 & 20 EX SW 12FT
  • Parcel Number ID: 20-06-15-354-062.000-012
  • Platted: Yes
  • Amenities: Off Street Parking
  • Special Features: None

Interior Features

  • Total Sq Ft: 3505
  • Total Finished Sq Ft: 2359
  • Above Grade Finished Sq Ft: 2359
  • Below Grade Sq Ft: 1146
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Flooring: Part Carpet, Vinyl
  • Total Below Grade Sq Ft: 1146
  • Number Ttl Rooms Below Grade: 6

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Private
  • Water Utilities: Well
  • Annual Insurance Expense: 566
  • Annual Maintenance Expense: 300
  • Annual Water Sewer Expense: 252

Schools

  • Elementary School: Monger

Lot Info

  • Lot Dimensions: 88x119
  • Estimated Lot Sq Ft: 10472
  • Estimated Lot Size Acres: 0.2404
  • Lot Number: 19

Rental Info

  • Lease Term: Week to Week
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1555

Multi Family

  • Number Of Units: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

  • High School: Elkhart
  • Middle School: Pierre Moran
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 2, 2022
Sold by
Maust Gary J and Maust Linda
Bought by
Coronado Delia Irasema Graj and Marroquin Mejia Martin
Seller's Agent
Lisa Arendt
Alternative Real Estate Sales
Buyer's Agent
Abel Garcia
RE/MAX Results
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$162,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,834
Avg. Annual Appreciation
8.82%

Purchase Details

Listed on
Apr 13, 2022
Closed on
Apr 29, 2022
Sold by
Maust Gary J and Maust Linda
Bought by
Coronado Delia Irasema Graj and Mejia Martin Marroquin
Seller's Agent
Lisa Arendt
Alternative Real Estate Sales
Buyer's Agent
Abel Garcia
RE/MAX Results
List Price
$120,000
Sold Price
$120,000

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mcclelland Varaporn and Mikel Varaporn
Bought by
Maust Gary J and Maust Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coronado Delia Irasema Graj -- Drake Andrew R
Coronado Delia Irasema Graj -- None Listed On Document
Maust Gary J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maust Gary J $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $120,000 0.0% $51 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $120,000 -- $51 / 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 $1,776 $92,200 $11,400 $80,800
2022 $1,776 $87,000 $11,400 $75,600
2021 $1,538 $75,100 $11,400 $63,700
2020 $1,570 $72,000 $11,400 $60,600
2019 $1,393 $64,100 $11,400 $52,700
2018 $1,368 $62,500 $11,400 $51,100
2017 $1,286 $58,300 $11,400 $46,900
2016 $1,251 $56,800 $11,400 $45,400
2014 $1,293 $60,400 $11,400 $49,000
2013 $1,550 $77,200 $19,500 $57,700
Source: Public Records

Agents Affiliated with this Home

  • Lisa Arendt

    Seller's Agent in 2022

    Lisa Arendt

    Alternative Real Estate Sales

    (574) 903-1736

    3 in this area

    36 Total Sales

    Lisa Arendt
    Section Image
  • Abel Garcia

    Buyer's Agent in 2022

    Abel Garcia

    RE/MAX

    (260) 580-4761

    5 in this area

    179 Total Sales

    Abel Garcia
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202212836

Indiana Regional MLS

APN: 20-06-15-354-062.000-012

Indiana Elkhart County Elkhart 46517 Homer

2944 S Main St Unit 2, Elkhart, IN

Not Listed for Sale

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