NOT LISTED FOR SALE

29918 Cardinal Ave Elkhart, IN 46516

Estimated Value: $167,000 - $336,000

4 Beds
2 Baths
1,536 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $200,000 $130 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,590/month

41 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Eat-In Kitchen
  • Jimtown Intermediate School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Enjoy nice cash flow with this cute newly remodeled Jimtown duplex with great tenants - Both tenants are currently week to week and desire to stay. No current contract with each tenant. Opportunity to house hack ~ live in one side and have your tenants cover the majority of your housing expenses. New in 2020: appliances, roof, interior, furnace, plumbing, furnace and A/C. Each side is identical and has an open concept living, dining and kitchen space. Both offer 2 bedrooms and one nice size bath/laundry area. Additional storage room in your private garage. Owner pays for taxes, insurance and septic care. Tenants are responsible for all utilities and lawncare.

Last Agent to Sell the Property

Wilma Mcdougle

McKinnies Realty, LLC Elkhart Listed on: 08/05/2021

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Steve Miller

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 102 x 128
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Garage
  • Private Parking
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance, trash collection
  • The owner pays for building insurance, tax
  • Assessor Parcel Number 20-05-11-302-012.000-001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,700
  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1967
  • Age: 54
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SUNSET PARK LOTS 414 & 415
  • Parcel Number ID: 20-05-11-302-012.000-001
  • Platted: Yes
  • Amenities: Countertops-Laminate, Eat-In Kitchen, Open Floor Plan, Porch Covered
  • Cross Street: CR 1
  • Location: Rural Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 100.05
  • Annual Miscellaneous: 100
  • Monthly Gross Income: 2058
  • Special Features: None

Interior Features

  • Total Sq Ft: 1536
  • Total Finished Sq Ft: 1536
  • Above Grade Finished Sq Ft: 1536
  • Price Per Sq Ft: 130.21
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof Material: Asphalt
  • Stories: 1

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 4
  • Parking: Garage, Private

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Annual Insurance Expense: 1700
  • Annual Maintenance Expense: 100
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 102 X 128
  • Estimated Lot Sq Ft: 13056
  • Estimated Lot Size Acres: 0.2997

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric, Heating, Lawn Maintenance, Trash Collection

Multi Family

  • Gross Monthly Rent: 2058
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 27, 2021
Sold by
Storm Peyton M
Bought by
Claud Colin L and Claud Kathleen S
Seller's Agent
Wilma Mcdougle
McKinnies Realty, LLC Elkhart
Buyer's Agent
Steve Miller
RE/MAX Results
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$253,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,941
Avg. Annual Appreciation
6.12%
Original Mortgage
$157,250
Outstanding Balance
$132,963
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,978

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 28, 2020
Sold by
Isias Jorge A and Isias Rosario L
Bought by
Storm Peyton M
Seller's Agent
David Singell
Myers Trust Real Estate
Buyer's Agent
Darla Brock
SUNRISE Realty
List Price
$164,900
Sold Price
$161,000
Premium/Discount to List
-$3,900
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$158,083
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2019
Closed on
Feb 27, 2019
Sold by
Gruntman Matthew
Bought by
Islas Jorge I and Islas Rosario L
Seller's Agent
Cory White
Realty Group Resources
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
302.50%

Purchase Details

Listed on
Feb 15, 2019
Closed on
Feb 7, 2019
Sold by
Auditor Of Elkhart County
Bought by
Gruntman Matthew
Seller's Agent
Cory White
Realty Group Resources
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Purchase Details

Listed on
Feb 15, 2019
Closed on
Jan 16, 2019
Sold by
Auditor Of Elkhart County
Bought by
Gruntman Matthew
Seller's Agent
Cory White
Realty Group Resources
Buyer's Agent
David Singell
Myers Trust Real Estate
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Purchase Details

Closed on
Dec 19, 2018
Sold by
Obrien Kevin M
Bought by
Gruntman Matthew

Purchase Details

Closed on
Dec 20, 2001
Sold by
Nine Elmore Molly J and Nine Molly J
Bought by
Obrien Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.92%
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
Claud Colin L $200,000 Near North Title Group
Storm Peyton M -- Fidelity National Ttl Co Llc
Islas Jorge I -- Near North Title Group
Gruntman Matthew $7,000 None Listed On Document
Gruntman Matthew $7,000 None Listed On Document
Gruntman Matthew $7,000 None Available
Obrien Kevin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claud Colin L $157,250
Previous Owner Storm Peyton M $158,083
Previous Owner Obrien Kevin M $78,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $200,000 +0.1% $130 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $199,900 +24.2% $130 / Sq Ft
02/28/2020 02/28/20 Sold $161,000 -2.4% $105 / Sq Ft View Prior Sale
02/06/2020 02/06/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $164,900 +312.3% $107 / Sq Ft
02/27/2019 02/27/19 Sold $40,000 -11.1% $26 / Sq Ft View Prior Sale
02/19/2019 02/19/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $45,000 -- $29 / 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 $2,851 $237,300 $16,100 $221,200
2022 $532 $210,700 $16,100 $194,600
2021 $2,155 $175,900 $16,100 $159,800
2020 $547 $88,400 $17,300 $71,100
2019 $1,587 $85,500 $17,300 $68,200
2018 $1,496 $85,500 $17,300 $68,200
2017 $1,423 $71,900 $17,300 $54,600
2016 $1,397 $71,900 $17,300 $54,600
2014 $1,374 $70,700 $17,300 $53,400
2013 $1,414 $70,700 $17,300 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202132002

Indiana Regional MLS

APN: 20-05-11-302-012.000-001