NOT LISTED FOR SALE

Estimated Value: $175,000 - $202,000

4 Beds
4 Baths
2,356 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $33,500 $14 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $1,352/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Corner Lot

About This Home

As of May 2014

This property will be a money maker! Great addition to your portfolio. Large 4 unit property. All units have separate meters. Area of off street parking. 2 units have covered front porches. Nice sized units: one 2 bed/1 bath, one studio, and two 1 bed/ 1 bath.

Last Agent to Sell the Property

Deanna Wilcox

Realty Experts LLC Brokerage Phone: 574-202-7653 Listed on: 03/03/2014

Realty Experts LLC

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1900

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 86x66
  • Corner Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Chandler Elementary School
  • Goshen Middle School
  • Goshen High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 20-11-10-353-009.000-015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 114
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: MERCERS E 1/2 LOT 393 |
  • Parcel Number ID: 20-11-10-353-009.000-015
  • Platted: Yes
  • Amenities: Basement, Off Street Parking
  • Cross Street: Madison St
  • Location: City/Town/Suburb
  • Sp Lp Percent: 150.39
  • Year Taxes Payable: 1728
  • Special Features: 1088

Interior Features

  • Total Sq Ft: 3060
  • Total Finished Sq Ft: 2356
  • Above Grade Finished Sq Ft: 2356
  • Below Grade Sq Ft: 704
  • Price Per Sq Ft: 14.22
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 704
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Baseboard, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Number Electric Meters: 4
  • Number Water Meters: 1

Schools

  • School District: Goshen Community Schools
  • Elementary School: Chandler
  • Middle School: Goshen
  • High School: Goshen
  • Elementary School: Chandler

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 86x66
  • Estimated Lot Sq Ft: 5401
  • Estimated Lot Size Acres: 0.124

Tax Info

  • Total Assessed Value: 86400

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 1

MLS Schools

  • High School: Goshen
  • Middle School: Goshen
  • School District: Goshen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 8, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Schafer Norman F
Seller's Agent
Deanna Wilcox
Realty Experts LLC
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$33,500
Sold Price
$33,500
Total Days on Market
56
Current Estimated Value
$185,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,467
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Yoder Kaylene and Cripe Roger
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
May 30, 2006
Sold by
Yoder Kaylene
Bought by
J & K Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
Yoder Jared E and Yoder Kaylene
Bought by
J & K Rentals Llc
Source: Public Records

Range of Values:

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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
Schafer Norman F $33,500 None Available
Jpmorgan Chase Bank Na $21,577 None Available
J & K Rentals Llc -- Stewart Title
Yoder Kaylene -- Stewart Title Elkhart Cnty I
J & K Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoder Kaylene $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $33,500 0.0% $14 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $33,500 -- $14 / 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 $3,700 $172,200 $17,900 $154,300
2022 $3,700 $148,100 $0 $148,100
2021 $3,084 $128,800 $17,900 $110,900
2020 $3,072 $114,000 $17,900 $96,100
2019 $2,826 $114,000 $17,900 $96,100
2018 $2,678 $114,000 $17,900 $96,100
2017 $1,972 $96,300 $17,900 $78,400
2016 $1,972 $93,400 $17,900 $75,500
2014 $1,827 $88,700 $17,900 $70,800
2013 $1,774 $88,700 $17,900 $70,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201405301

Indiana Regional MLS

APN: 20-11-10-353-009.000-015