NOT LISTED FOR SALE

300 W Washington St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $92,000 - $169,000

6 Beds
3 Baths
2,284 Sq Ft
$59/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $30,000 $13 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $819/month

26 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-minute walk to Langle Park
  • Forced Air Heating System

About This Home

As of July 2015

Great 3 unit income property. Fully Rented - $600, $600, and $690 per month. Separated Gas and Electric. Owner pays water. Investors, this is a great site to add to your portfolio! One property, Three incomes! Subject to tenants rights. Seller is licensed real estate broker in Colorado. Buyer and selling broker to verify schools, rooms, and pertinent facts. No land contracts. AS-IS.

Last Agent to Sell the Property

Brad Beer

Heart City Realty LLC Listed on: 06/11/2015

Last Buyer's Agent

Brad Beer

Heart City Realty LLC Listed on: 06/11/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 110 x 50
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Beardsley Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 20-06-05-181-020.000-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1910
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: DUNBAR S PT EX W 44FT EX 44FT; CENTER PT LOT 8 |
  • Parcel Number ID: 20-06-05-181-020.000-012
  • Platted: Yes
  • Amenities: Basement
  • Parcel Id2: 200605181026000012
  • Special Features: None

Interior Features

  • Total Sq Ft: 3384
  • Total Finished Sq Ft: 2284
  • Above Grade Finished Sq Ft: 2284
  • Below Grade Sq Ft: 1100
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Beardsley

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 110 x 50
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Fuel, Heating

Tax Info

  • Annual Property Tax: 1035

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 21, 2015
Sold by
Equity Trust Co
Bought by
Equity Trust Co
Seller's Agent
Brad Beer
Heart City Realty LLC
Buyer's Agent
Brad Beer
Heart City Realty LLC
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%
Current Estimated Value
$134,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,637
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Mar 1, 2010
Sold by
United Capital Fund Llc
Bought by
Equity Trust Co and David J Castellano Ira

Purchase Details

Closed on
Dec 24, 2009
Sold by
Federal National Mortgage Association
Bought by
United Capital Fund Llc

Purchase Details

Closed on
May 4, 2009
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 29, 2009
Sold by
Shreiner Roger J and Shreiner June E
Bought by
Chase Home Finance Llc
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
Equity Trust Co -- None Available
Equity Trust Co -- Advantage Title Partners Llc
United Capital Fund Llc -- None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $82,892 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $30,000 -39.9% $13 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $49,900 -- $22 / 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 $1,355 $70,000 $11,000 $59,000
2022 $1,355 $57,800 $11,000 $46,800
2021 $1,096 $53,300 $11,000 $42,300
2020 $1,166 $87,000 $11,000 $76,000
2019 $1,408 $64,800 $3,600 $61,200
2018 $1,007 $45,800 $3,600 $42,200
2017 $998 $45,300 $3,600 $41,700
2016 $996 $45,300 $3,600 $41,700
2014 $904 $42,400 $3,600 $38,800
2013 $1,048 $52,400 $11,000 $41,400
Source: Public Records

Agents Affiliated with this Home

  • Brad Beer

    Seller's Agent in 2015

    Brad Beer

    Heart City Realty LLC

    (574) 875-5149

    2 in this area

    334 Total Sales

    Brad Beer
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Map

Source: Indiana Regional MLS

MLS Number: 201527362

Indiana Regional MLS

APN: 20-06-05-181-020.000-012

Indiana Elkhart County Elkhart 46516 Sherman

300 W Washington St, Elkhart, IN

Not Listed for Sale

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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