NOT LISTED FOR SALE

2944 S Main St Unit 2 Elkhart, IN 46517

Homer Neighborhood

Estimated Value: $151,000 - $171,616

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. 35% increase in value since last sale

Current estimated payment $1,052/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-Goshen

RE/MAX Results-Goshen

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
  • Age: 76
  • Style: Two Story
  • Bedrooms: 3
  • Number Above Grade 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
  • Sp Lp Percent: 100
  • Monthly Gross Income: 1200
  • Year Taxes Payable: 2020
  • 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
  • Price Per Sq Ft: 50.87
  • 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

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

  • Total Assessed Value: 72000
  • Annual Property Tax: 1555

Multi Family

  • Gross Monthly Rent: 1200
  • Number Of Units: 1
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 3
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 2

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-Goshen
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$162,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,154
Avg. Annual Appreciation
9.71%

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 Marroquin Mejia Martin
Seller's Agent
Lisa Arendt
Alternative Real Estate Sales
Buyer's Agent
Abel Garcia
RE/MAX Results-Goshen
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

Similar Homes in Elkhart, IN

  • 1021 Princeton St, Elkhart, IN 46516

    $139,000

    • 6 Beds
    • 2 Baths
    • 1,882 Sq Ft
    • 1021 Princeton St
    • Elkhart, IN

    Great income producing property. Subject to tenant rights, do not disturb. Total gross monthly rents are $1800.

    Valerie Swihart Pyramid Realty LLC

    Section Image
  • 810 W Hubbard Ave, Elkhart, IN 46516

    $125,000

    • 4 Beds
    • 1 Bath
    • 1,260 Sq Ft
    • 810 W Hubbard Ave
    • Elkhart, IN

    This spacious 4 bedroom, 1 bathroom home is a fantastic investment opportunity, currently occupied by long-term tenants. The property features a comfortable living space, a functional kitchen and a garage making it an attractive option for renters. This property is close to schools, parks and shopping centers, Its a perfect addition to any investment portfolio with a steady rental income

    Michelle Bordeau SUNRISE Realty

    Section Image
  • 719 W Franklin St, Elkhart, IN 46516

    $119,900

    • 3 Beds
    • 2 Baths
    • 2,300 Sq Ft
    • 719 W Franklin St
    • Elkhart, IN

    Are you ready to invest in your future? Look no further! This exceptional investment property boasts a solid rental history with long-term tenants who have made it their home. Rents are currently super low and could be adjusted. Don’t let this incredible opportunity slip away—seize the chance to make it yours today!

    Jennea Schirr McKinnies Realty, LLC Elkhart

    Section Image
  • 1220 Harrison St, Elkhart, IN 46516

    $124,900

    • 2 Beds
    • 2 Baths
    • 1,306 Sq Ft
    • 1220 Harrison St
    • Elkhart, IN

    Updated duplex with lots to offer, new windows, new roof, new siding, flooring —makes an ideal double income rental property or perhaps you want to live in one & rent out the other, it can easily be converted to a single family also, (3 bedrooms 2 baths) no matter how you divide it up, this is a great opportunity to live, develop, or grow your investment portfolio! Located not far from downtown.

    Alex Lino Cressy & Everett- Elkhart

    Section Image
See All Homes in Elkhart

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- Drake Andrew R
Maust Gary J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maust Gary J $158,550
Previous Owner Maust Gary J $105,979
Previous Owner Maust Gary J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    37 Total Sales

    Lisa Arendt
    Section Image
  • Abel Garcia

    Buyer's Agent in 2022

    Abel Garcia

    RE/MAX

    (260) 580-4761

    4 in this area

    155 Total Sales

    Abel Garcia
    Section Image
See All Agents

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

This home is located at 2944 S Main St Unit 2, Elkhart, IN 46517 since 13 April 2022 and is currently estimated at $162,154, approximately $68 per square foot. This property was built in 1946. 2944 S Main St Unit 2 is a home located in Elkhart County with nearby schools including Monger Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

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.

Nearby Homes