NOT LISTED FOR SALE

313 Gross St Elkhart, IN 46516

Indiana Neighborhood

Estimated Value: $88,000 - $136,000

4 Beds
4 Baths
1,340 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $46,267 $35 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $753/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • 3-minute walk to Third & Park Playground
  • Wood Flooring
  • Level Lot

About This Home

As of May 2017

Four unit building located close to downtown Elkhart. New phase 4 electric from pole to each unit. Each unit metered seperately and each tenant pays own electric. Buyer to verify sq ft., schools, taxes, room sizes, zoning.

Last Agent to Sell the Property

Shelley Tucker

Assurance Property Management & Realty Inc Brokerage Phone: 574-320-3300 Listed on: 03/21/2017

Last Buyer's Agent

Shelley Tucker

Assurance Property Management & Realty Inc Brokerage Phone: 574-320-3300 Listed on: 03/21/2017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1910

Lot Details

  • 3,816 Sq Ft Lot
  • Lot Dimensions are 46 x 83
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Additional Features

  • Covered patio or porch
  • Suburban Location
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, electric
  • The owner pays for fuel, sewer, water
  • Assessor Parcel Number 20-06-09-157-004.000-012

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Fuel Expense $97
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $1,577

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,100

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1910
  • Age: 107
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: PLEASANT POINT 45.27 FT E END; LOT 27; (TIF 136) |
  • Parcel Number ID: 20-06-09-157-004.000-012
  • Platted: Yes
  • Amenities: Basement, Cable Available, Detector-Carbon Monoxide, Detector-Smoke, Porch Covered
  • Cross Street: Main
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.72
  • Annual Miscellaneous: 250
  • Monthly Gross Income: 1850
  • Year Taxes Payable: 2016
  • Special Features: None

Interior Features

  • Total Sq Ft: 2680
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Below Grade Sq Ft: 1340
  • Price Per Sq Ft: 34.53
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Part Carpet, Wood, Vinyl
  • Total Below Grade Sq Ft: 1340
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Metal, Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Fuel Expense: 97.24
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1577.36
  • Number Electric Meters: 4
  • Number Gas Meters: 1
  • Number Water Meters: 2

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: 46 x 83
  • Estimated Lot Sq Ft: 3816
  • Estimated Lot Size Acres: 0.0876

Rental Info

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

Multi Family

  • Gross Monthly Rent: 1850
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 1100.06

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
Mar 21, 2017
Closed on
May 30, 2017
Sold by
Assurance Property Management Llc
Bought by
Edgewater V Llc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
List Price
$49,900,000
Sold Price
$46,267
Premium/Discount to List
-$49,853,733
-99.91%
Total Days on Market
20
Current Estimated Value
$122,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,537
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Dec 21, 2016
Sold by
Diener Ira
Bought by
Assurance Property Management Llc
Source: Public Records

Range of Values:

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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
Edgewater V Llc -- None Available
Assurance Property Management Llc -- Meridian Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $46,267 -99.9% $35 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $49,900,000 -- $37,239 / 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 $1,213 $59,200 $6,700 $52,500
2022 $1,213 $69,700 $6,700 $63,000
2021 $1,301 $63,400 $6,700 $56,700
2020 $1,321 $60,500 $6,700 $53,800
2019 $1,202 $55,200 $6,700 $48,500
2018 $1,115 $50,800 $6,700 $44,100
2017 $1,185 $53,900 $3,500 $50,400
2016 $1,020 $46,400 $6,700 $39,700
2014 $1,085 $50,900 $3,500 $47,400
2013 $1,156 $57,800 $10,400 $47,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    1 in this area

    59 Total Sales

    Shelley Tucker
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201711489

Indiana Regional MLS

APN: 20-06-09-157-004.000-012

Indiana Elkhart County Elkhart 46516 Indiana

313 Gross St, Elkhart, IN

This home is located at 313 Gross St, Elkhart, IN 46516 since 21 March 2017 and is currently estimated at $122,804, approximately $91 per square foot. This property was built in 1910. 313 Gross St is a home located in Elkhart County with nearby schools including Mary Beck Elementary School, Pierre Moran Middle School, and Elkhart High School's Freshman Division.

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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