$155,000
SOLD FEB 18, 2016

310 Division St Elkhart, IN 46516

19 Beds
8 Baths
7,920 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

14% Below List Price

55 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 3-minute walk to Ludgwig Corner
  • Luxury Vinyl Tile Flooring

About This Home

As of July 2024

Big 8-plex cash cow! Ready for some new owners!

Last Agent to Sell the Property

Nate Roll

Rock Auctioneers & Real Estate

Last Buyer's Agent

Pat Roll

RE/MAX Oak Crest - Elkhart

RE/MAX Oak Crest - Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 7,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 8 Full Bathrooms

Parking

  • 16 Parking Spaces
  • Off-Street Parking

Location

  • Suburban Location

Schools

  • Mary Beck Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 20-06-04-351-007.000-012

Community Details

Overview

  • 8 Units

Pet Policy

  • Pet Restriction

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Insurance Expense $2,383
  • Maintenance Expense $2,500
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,274

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1973
  • Age: 42
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 19
  • Number Above Grade Bedrooms: 19
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Legal Description: BEESONS 3RD 51FT W SIDE LOT 92 & 49 1/2 E SIDE L OT 91 (TIF 110) |
  • Parcel Number ID: 20-06-04-351-007.000-012
  • Platted: Yes
  • Amenities: Cable Available
  • Location: City/Town/Suburb
  • Sp Lp Percent: 86.16
  • Annual Miscellaneous: 500
  • Monthly Gross Income: 4180
  • Year Taxes Payable: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 7920
  • Total Finished Sq Ft: 7920
  • Above Grade Finished Sq Ft: 7920
  • Price Per Sq Ft: 19.57
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 8

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16
  • Parking: Off Street

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Annual Electric: 3000
  • Annual Insurance Expense: 2383
  • Annual Maintenance Expense: 2500
  • Annual Water Sewer Expense: 3000
  • Number Electric Meters: 8
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 0.22a
  • Estimated Lot Sq Ft: 9583
  • Estimated Lot Size Acres: 0.22

Rental Info

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

Tax Info

  • Total Assessed Value: 158600
  • Annual Property Tax: 3274

Multi Family

  • Gross Monthly Rent: 4180
  • Number Of Refrigerators: 8
  • Number Of Units: 8
  • Num Of2 Bedrooms: 8
  • Number Of 3 Bedrooms: 3
  • Num Of Units Rented: 4

MLS Schools

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

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $500,000 -3.8% $63 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $520,000 +4.0% $66 / Sq Ft
04/23/2024 04/23/24 Off Market $500,000 -- --
03/27/2024 03/27/24 For Sale $520,000 +235.5% $66 / Sq Ft
02/18/2016 02/18/16 Sold $155,000 -13.8% $20 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $179,900 -- $23 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 201551617

Indiana Regional MLS