$85,000
SOLD JAN 16, 2014

317 W Lexington Ave Elkhart, IN 46516

West Central Neighborhood
5 Beds
-- Bath
2,488 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 4-minute walk to Geroldean Thursby Memorial Tot Lot
  • Double Pane Windows

About This Home

As of June 2021

Great opportunity to own one of Elkhart's finest multi-family properties.

Last Agent to Sell the Property

William Schweinzger

Berkshire Hathaway HomeServices Elkhart Listed on: 01/13/2014

Last Buyer's Agent

William Schweinzger

Berkshire Hathaway HomeServices Elkhart Listed on: 01/13/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42 x 165

Home Design

  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 5 Bedrooms
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Laminate

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Paved Parking

Location

  • Suburban Location

Schools

  • Hawthorne Elementary School
  • North Side Middle School
  • Elkhart Central High School

Utilities

  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, lawn maintenance, maintenance, snow removal, sewer, tax, trash collection, water
  • Assessor Parcel Number 20-06-05-380-020.000-012

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,770

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 114
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Legal Description: Beardsleys 1st E1/2 Lot 78 EX S 42 FT (TIF 75) |
  • Parcel Number ID: 20-06-05-380-020.000-012
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3556
  • Total Finished Sq Ft: 2488
  • Above Grade Finished Sq Ft: 2488
  • Below Grade Sq Ft: 1068
  • Price Per Sq Ft: 34.16
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Brick, Stone
  • Flooring: Carpet, Laminate, Wood
  • Total Below Grade Sq Ft: 1068
  • Number Of Ranges Ovens: 4

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Paved

Utilities

  • Heating Fuel: Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Hawthorne
  • Middle School: North Side
  • High School: Elkhart Central
  • Elementary School: Hawthorne

Lot Info

  • Lot Dimensions: 42 x 165
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 3

MLS Schools

  • High School: Elkhart Central
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 25, 2021
Sold by
Myers Timothy and Myers Sarah
Bought by
Pletcher Properties Inc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Amanda Pietrzak
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Current Estimated Value
$179,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,921
Avg. Annual Appreciation
6.61%
Original Mortgage
$140,000
Outstanding Balance
$128,397
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$55,463

Purchase Details

Listed on
Jan 13, 2014
Closed on
Jan 16, 2014
Sold by
Schweinzger William L
Bought by
Myers Timothy and Myers Sarah
Seller's Agent
William Schweinzger
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
William Schweinzger
Berkshire Hathaway HomeServices Elkhart
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Near North Title Grop
Warranty Deed -- Lawyers Title
Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $140,000 -6.6% $56 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $149,900 +76.4% $60 / Sq Ft
01/16/2014 01/16/14 Sold $85,000 0.0% $34 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $85,000 -- $34 / 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 $2,770 $144,500 $13,500 $131,000
2022 $2,624 $138,200 $13,500 $124,700
2021 $2,787 $136,700 $13,500 $123,200
2020 $2,639 $121,500 $13,500 $108,000
2019 $2,363 $109,200 $13,500 $95,700
2018 $2,394 $109,900 $13,500 $96,400
2017 $2,314 $105,900 $13,500 $92,400
2016 $2,210 $101,400 $13,500 $87,900
2014 $2,023 $94,900 $13,500 $81,400
2013 $1,134 $56,700 $13,500 $43,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    2 in this area

    63 Total Sales

    Shelley Tucker
    Section Image

  • A

    Buyer's Agent in 2021

    Amanda Pietrzak

    Weichert Rltrs-J.Dunfee&Assoc.

    Section Image

  • W

    Seller's Agent in 2014

    William Schweinzger

    Berkshire Hathaway HomeServices Elkhart

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201400854

Indiana Regional MLS

APN: 20-06-05-380-020.000-012

Indiana Elkhart County Elkhart 46516 West Central

317 W Lexington Ave, Elkhart, IN

This home is located at 317 W Lexington Ave, Elkhart, IN 46516 and is currently priced at $85,000, approximately $34 per square foot. This property was built in 1900. 317 W Lexington Ave is a home located in Elkhart County with nearby schools including Beardsley Elementary School, North Side 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.

Nearby Homes