NOT LISTED FOR SALE

407 N Main St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $88,105

0.32 Acre
$275,328 Price per Acre
13,939 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $80,000

Est. 10% increase in value since last sale

Current estimated payment $500/month

196 Days on Market

About This Lot

As of October 2022

Four parcels directly adjacent to Star Tire on Main Street in Elkhart with monument sign. Two parcels located on N Main Street and two on Sycamore.

Last Agent to Sell the Property

Lori Snyder

Berkshire Hathaway HomeServices Elkhart Listed on: 03/21/2022

Berkshire Hathaway HomeServices Elkhart

Co-Listed By

Heidi Gaskill

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Lori Snyder

Berkshire Hathaway HomeServices Elkhart Listed on: 03/21/2022

Berkshire Hathaway HomeServices Elkhart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $995

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 83 x 166
  • Finished Lot(s)

Parking

  • Driveway

Location

  • City Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-180-021.000-012

Property Details

Property Type

Land

Est. Annual Taxes

$995

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: BEARDS 1ST 35X75FT NE COR; LOT 122; (TIF 75) AND BEARDSLEYS 1ST 79FT E END EX; 35X75FT NE COR LOT 122; (TIF 75) AND BEARDSLEYS 1ST 3.79FT W OF; E END 40FT E END W1/2 LOT 122; & 3FT E END W 83FT LOT 122 (TIF 75) AND BEARDSLEYS 1ST 37FT W END; LOT 122; (TIF 75)
  • Parcel Number ID: 20-06-05-180-021.000-012
  • Platted: Yes
  • Location: City
  • Parcel Id2: 20-06-05-180-022.000-012
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 89.89
  • Parcel Description: Level
  • Parcel Id3: 20-06-05-180-012.000-012
  • Type of Sale: Traditional
  • Side Of Road: West
  • Type Use: Commercial
  • Year Taxes Payable: 2021
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Available
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 83 x 166
  • Estimated Lot Sq Ft: 13939
  • Estimated Lot Size Acres: 0.32

Tax Info

  • Annual Taxes: 995

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Oct 11, 2022
Sold by
Lion Gate Investments Llc
Bought by
Steven Hensley Rentals Llc
Seller's Agent
Lori Snyder
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Lori Snyder
Berkshire Hathaway HomeServices Elkhart
List Price
$80,000
Sold Price
$80,000
Total Days on Market
196
Views
3
Current Estimated Value
$88,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,105
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Nov 8, 2019
Sold by
Thomas M Nickel Investments Llc
Bought by
Lion Gate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,500
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 4, 2014
Sold by
Fortress Group Inc
Bought by
Thomas M Nickel Investments Llc

Purchase Details

Closed on
Jul 25, 2005
Sold by
Mbp Realty Inc
Bought by
Fortress Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2005
Sold by
Riverside Auto Sales Inc
Bought by
Mbp Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Steven Hensley Rentals Llc -- Fidelity National Title
Lion Gate Investments Llc -- Fidelity National Ttl Co Llc
Thomas M Nickel Investments Llc -- None Available
Fortress Group Inc -- Lawyers Title Ins
Mbp Realty Inc -- Century Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lion Gate Investments Llc $1,360,500
Previous Owner Fortress Group Inc $125,000
Previous Owner Mbp Realty Inc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $80,000 -10.1% --
10/03/2022 10/03/22 Pending -- -- --
03/25/2022 03/25/22 Price Changed $89,000 +11.3% --
03/21/2022 03/21/22 For Sale $80,000 -- --
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 $133 $4,100 $4,100 --
2022 $133 $6,700 $6,700 $0
2021 $203 $6,700 $6,700 $0
2020 $212 $6,700 $6,700 $0
2019 $211 $6,700 $6,700 $0
2018 $212 $6,700 $6,700 $0
2017 $502 $15,500 $15,500 $0
2016 $501 $15,500 $15,500 $0
2014 $1,860 $59,400 $10,000 $49,400
2013 $1,743 $58,100 $10,000 $48,100
Source: Public Records

Agents Affiliated with this Home

  • Lori Snyder

    Seller's Agent in 2022

    Lori Snyder

    Berkshire Hathaway HomeServices Elkhart

    (616) 866-1212

    2 in this area

    74 Total Sales

    Lori Snyder
    Section Image
  • Heidi Gaskill

    Seller Co-Listing Agent in 2022

    Heidi Gaskill

    Berkshire Hathaway HomeServices Elkhart

    (574) 596-7478

    6 in this area

    232 Total Sales

    Heidi Gaskill
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202209385

Indiana Regional MLS

APN: 20-06-05-180-021.000-012

Indiana Elkhart County Elkhart 46516 Sherman

407 N Main St, Elkhart, IN

This home is located at 407 N Main St, Elkhart, IN 46516 since 21 March 2022 and is currently estimated at $88,105. 407 N Main 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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