NOT LISTED FOR SALE

309 N 2nd St Elkhart, IN 46516

Estimated Value: $91,000 - $157,000

5 Beds
3 Baths
1,908 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $38,500 $20 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $704/month

119 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2-minute walk to Langle Park
  • Multiple cooling system units
  • Laundry Facilities

About This Home

As of October 2012

This sale includes two houses on one lot. FULLY OCCUPIED! The front green house is 1140 sq ft with 2 bedrooms, 1 bath, and a basement. There is a long term tenant who has been there almost 6 years and wants to continue to rent. It currently is rented for $155/week WITH A TWO YEAR LEASE UNTIL JULY 2014. The back white house is 768 sq ft with 2 bedrooms, 1.5 baths, and a basement. Currently rented for $550/m until July 2013. Both rents include utilities. Some recent updates in both homes.

Last Agent to Sell the Property

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 06/11/2012

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Craig Culver

Berkshire Hathaway HomeServices Elkhart Listed on: 06/11/2012

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 41 x 165

Home Design

  • Ranch Style House

Interior Spaces

  • 1,908 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for trash collection
  • The owner pays for electric, fuel, heating, sewer, water
  • Assessor Parcel Number 200605182016000012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$804

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1910
  • Architectural Style: Ranch
  • Legal Description: BEARDS 1ST S1/2 LOT 103 |
  • Parcel Number ID: 200605182016000012
  • Platted: Yes
  • Sp Lp Percent: 96.49
  • Monthly Gross Income: 1217
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1908
  • Basement Foundation: Full Basement, Unfinished
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum

Utilities

  • Cooling: Multiple Cooling Units
  • Heating Fuel: Gas, Forced Air, Multiple Heating Systems

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Lot Info

  • Lot Dimensions: 41 x 165

Rental Info

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

Tax Info

  • Annual Property Tax: 804

Multi Family

  • Number Of Refrigerators: 2
  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Steury Robert
Bought by
Rr4 Llc
Current Estimated Value
$109,283

Purchase Details

Listed on
Jun 11, 2012
Closed on
Oct 12, 2012
Sold by
White Christopher A and White Joanna R
Bought by
Steury Robert
Seller's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Craig Culver
Berkshire Hathaway HomeServices Elkhart
List Price
$49,000
Sold Price
$38,500
Premium/Discount to List
-$10,500
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Feb 9, 2007
Sold by
White Chris
Bought by
White Christopher A and White Joanna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Wells Fargo Bank Minnesota
Bought by
White Chris

Purchase Details

Closed on
Jun 17, 2003
Sold by
Skinner Otis K
Bought by
Wells Fargo Bank Minnesota Na and Registered Holders Of Option One Mtg Loa
Source: Public Records

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Range of Values:

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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
Rr4 Llc -- None Available
Steury Robert -- Stewart Title Company
White Christopher A -- Meridian Title Corp
White Chris -- Investors Titlecorp
Wells Fargo Bank Minnesota Na $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Christopher $221,625
Previous Owner White Christopher A $32,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $38,500 -21.4% $20 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $49,000 -- $26 / 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 $1,179 $60,600 $13,200 $47,400
2022 $1,179 $60,800 $13,200 $47,600
2021 $1,254 $61,100 $13,200 $47,900
2020 $1,207 $55,200 $13,200 $42,000
2019 $1,099 $50,400 $13,200 $37,200
2018 $1,113 $50,700 $13,200 $37,500
2017 $1,053 $47,800 $13,200 $34,600
2016 $1,024 $46,600 $13,200 $33,400
2014 $938 $44,000 $13,200 $30,800
2013 $982 $49,100 $13,200 $35,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 666209

Indiana Regional MLS

APN: 20-06-05-182-016.000-012