NOT LISTED FOR SALE

323 Sherman St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $79,000 - $130,000

4 Beds
2 Baths
1,532 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $23,200 $15 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $606/month

537 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Wood Flooring
  • Baseboard Heating
  • 2-minute walk to Langle Park

About This Home

As of December 2016

Two unit rental located within walking distance of downtown Elkhart. Currently both units are rented. Newer paint and flooring. Buyer to verify zoning, taxes, room sizes, square footage and schools.

Last Agent to Sell the Property

Shelley Tucker

Assurance Property Management & Realty Inc Listed on: 06/27/2015

Last Buyer's Agent

Amy Talcott

Front Door Real Estate Team

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 3,376 Sq Ft Lot
  • Lot Dimensions are 27 x 125
  • 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
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for electric, heating, lawn maintenance, maintenance, snow removal, sewer, water
  • Assessor Parcel Number 20-06-05-327-018.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Electric Expense $1,273
  • Fuel Expense $1,400
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Water Sewer Expense $676

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 116
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DUNBAR E 27FT OF W52FT LOT 37 |
  • Parcel Number ID: 20-06-05-327-018.000-012
  • Platted: Yes
  • Amenities: Basement, Cable Available, Detector-Carbon Monoxide, Detector-Smoke
  • Location: City/Town/Suburb
  • Sp Lp Percent: 77.59
  • Annual Miscellaneous: 250
  • Monthly Gross Income: 975
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2298
  • Total Finished Sq Ft: 1532
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Sq Ft: 766
  • Price Per Sq Ft: 15.14
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl, Wood
  • Main Level Sq Ft: 766
  • Total Below Grade Sq Ft: 766
  • Number Of Ranges Ovens: 2

Exterior Features

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

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Electricity, Gas, Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Annual Electric: 1273.21
  • Annual Fuel Expense: 1400.07
  • Annual Insurance Expense: 1200
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 676.18

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 27 x 125
  • Estimated Lot Sq Ft: 3376
  • Estimated Lot Size Acres: 0.0775
  • Expiration Of Permit: 07/31/2016

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Snow Removal, Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Gross Monthly Rent: 975
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 746.22

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

Closed on
Jan 7, 2021
Sold by
Rons Rentals Llc
Bought by
Castle Estate Holdings Llc
Current Estimated Value
$99,063

Purchase Details

Closed on
Jun 9, 2017
Sold by
Romie Glick Memner Of Rons Rents Llc
Bought by
Menber Nathan Schrock

Purchase Details

Listed on
Jun 27, 2015
Closed on
Dec 27, 2016
Sold by
Assurance Property Management Llc
Bought by
Ron S Rentals Llc
Seller's Agent
Shelley Tucker
Assurance Property Management & Realty Inc
Buyer's Agent
Amy Talcott
Front Door Real Estate Team
List Price
$42,000
Sold Price
$23,200
Premium/Discount to List
-$18,800
-44.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Oct 16, 2016
Sold by
Schweinzger William J
Bought by
Assurance Property Management Llc

Purchase Details

Closed on
Aug 20, 2015
Sold by
Northern Investments Llc
Bought by
323 Sherman Land Trust

Purchase Details

Closed on
Aug 26, 2013
Sold by
Tilmann Douglas L and Tilmann Betty L
Bought by
Northern Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Castle Estate Holdings Llc $24,000 None Available
Menber Nathan Schrock -- None Available
Ron S Rentals Llc -- Elko Title Corp
Assurance Property Management Llc -- Fidelity National Title Co L
323 Sherman Land Trust -- None Available
Northern Investments Llc -- Lawyers Title
Northern Investments Llc -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Menber Nathan Schrock $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $23,200 -44.8% $15 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
06/27/2015 06/27/15 For Sale $42,000 -- $27 / 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 $960 $46,700 -- $46,700
2022 $960 $31,500 $7,700 $23,800
2021 $654 $31,500 $7,700 $23,800
2020 $695 $31,500 $7,700 $23,800
2019 $832 $38,000 $2,400 $35,600
2018 $682 $30,800 $2,400 $28,400
2017 $773 $34,900 $2,400 $32,500
2016 $771 $34,900 $2,400 $32,500
2014 $731 $34,300 $2,400 $31,900
2013 $234 $38,100 $7,700 $30,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shelley Tucker

    Assurance Property Management & Realty Inc

    (574) 320-3300

    1 in this area

    63 Total Sales

    Shelley Tucker
    Section Image
  • Amy Talcott

    Buyer's Agent in 2016

    Amy Talcott

    Front Door Real Estate Team

    (574) 329-2059

    140 Total Sales

    Amy Talcott
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201530333

Indiana Regional MLS

APN: 20-06-05-327-018.000-012

Indiana Elkhart County Elkhart 46516 Sherman

323 Sherman St, Elkhart, IN

This home is located at 323 Sherman St, Elkhart, IN 46516 since 27 June 2015 and is currently estimated at $99,063, approximately $64 per square foot. This property was built in 1900. 323 Sherman St 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.

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