NOT LISTED FOR SALE
4 Beds
4 Baths
3,494 Sq Ft
6,891 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $90,000 $26 Per Sq Ft

32 Days on Market

Highlights

  • Detached Second Garage
  • Wood Flooring
  • Hot Water Heating System
  • Traditional Architecture
  • Corner Lot
  • 5-minute walk to City Center Park

About This Home

As of December 2018

You’ll love the vintage charm of this classic late 1800’s Italianate style 4-unit apartment building. Preserve part of downtown Elkhart's heritage with this great investment opportunity. Current use is residential income with solid rental income and history but offers great potential for commercial office conversion or mixed use with owner occupy. Vaulted ceilings. Hardwood flooring. Heating is common gas boiler. Newer roof. 2-car garage. Potential owner-carry with adequate down & qualified buyer. Great rental income. Owner is a licensed Real Estate Agent.

Last Agent to Sell the Property

Kevin Foy

RE/MAX Oak Crest - Elkhart Listed on: 10/04/2018

RE/MAX Oak Crest - Elkhart

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,891 Sq Ft Lot
  • Lot Dimensions are 83x83
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Detached Second Garage
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for deposit value
  • The owner pays for electric, heating, sewer, water
  • Assessor Parcel Number 20-06-05-380-006.000-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1880
  • Age: 138
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: BEARDSLEYS 1ST W1/2 LOT 81 |
  • Parcel Number ID: 20-06-05-380-006.000-012
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.74
  • Monthly Gross Income: 2800
  • Year Taxes Payable: 2018
  • Special Features: None

Interior Features

  • Total Sq Ft: 5262
  • Total Finished Sq Ft: 3494
  • Above Grade Finished Sq Ft: 3494
  • Below Grade Sq Ft: 1768
  • Price Per Sq Ft: 25.76
  • Basement: Yes
  • Basement Foundation: Full Basement, Outside Entrance, Unfinished
  • Basement Material: Block
  • Flooring: Wood
  • Main Level Sq Ft: 1768
  • Total Below Grade Sq Ft: 1768
  • Number Of Ranges Ovens: 4
  • Number Ttl Rooms Below Grade: 4

Exterior Features

  • Exterior: Brick
  • Stories: 2
  • Outbuilding: 2nd Detached Garage
  • Outbuilding Sq Ft: 420

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Garage, Off Street, Street

Utilities

  • Heating Fuel: Gas, Hot Water, Radiator
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 83x83
  • Estimated Lot Sq Ft: 6891
  • Estimated Lot Size Acres: 0.15

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Electric, Heating, Sewer, Water
  • Tenant Pays: Deposit Value

Multi Family

  • Gross Monthly Rent: 2800
  • Number Of Dryers: 1
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Number Of Washers: 1
  • Num Of1 Bedrooms: 4
  • Num Of Units Rented: 4

Tax Info

  • Annual Property Tax: 3494

MLS Schools

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

Range of Values:

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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
12/21/2018 12/21/18 Sold $90,000 -5.3% $26 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $95,000 0.0% $27 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $95,000 -- $27 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201845286

Indiana Regional MLS