NOT LISTED FOR SALE

407 Sherman St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $87,000 - $113,000

2 Beds
1 Bath
1,130 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $8,750 $8 Per Sq Ft

Est. 1,069% increase in value since last sale

Current estimated payment $610/month

132 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 2-minute walk to Geroldean Thursby Memorial Tot Lot
  • Forced Air Heating System

About This Home

As of April 2016

Affordable 2 bedroom, 1 bath home. Spacious fenced yard. 1130 sq feet, full basement. Sold As Is. All offers to include copy of EM and verification of funds. All offers must include bank addendums , located in associated documents. "Exhibit A, Addendum to exclusive right to sell listing agreement, is attached and incorporated by reference into this listing agreement."

Last Listed By

Amy Cavender

Northern Lakes Realty Listed on: 11/06/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x125
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-327-015.000-012

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 116
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: DUNBAR W 1/2 Lot 38
  • Parcel Number ID: 20-06-05-327-015.000-012
  • Platted: Yes
  • Grid: 60 Elkhart Co.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 67.83
  • Special Features: None

Interior Features

  • Total Sq Ft: 1860
  • Total Finished Sq Ft: 1130
  • Above Grade Finished Sq Ft: 1130
  • Below Grade Sq Ft: 730
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 730

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None
  • Fence: Chain Link

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: Northside
  • High School: Elkhart Memorial

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 41x125
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 1012.9
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Apr 13, 2016
Sold by
Branch Banking And Trust Company
Bought by
Becerra Richard and Becerra Michelle
Seller's Agent
Amy Cavender
Northern Lakes Realty
Buyer's Agent
Stephen Bottom
Realty Group Resources
List Price
$14,900
Sold Price
$8,750
Premium/Discount to List
-$6,150
-41.28%
Total Days on Market
132
Current Estimated Value
$102,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,499
Avg. Annual Appreciation
31.90%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Smith Sheila R
Bought by
Branch Banking And Trust Company

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
Becerra Richard -- Freibert &Mattingly Title Gr
Branch Banking And Trust Company $128,387 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerrb Riched $100,000
Previous Owner Smith Sheila R $85,818
Previous Owner Smith Shelia R $82,215
Previous Owner Smith Sheila R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $8,750 -41.3% $8 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $14,900 -- $13 / 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 $517 $69,300 $11,700 $57,600
2022 $517 $66,500 $11,700 $54,800
2021 $586 $66,200 $11,700 $54,500
2020 $549 $59,500 $11,700 $47,800
2019 $502 $54,000 $11,700 $42,300
2018 $517 $54,500 $11,700 $42,800
2017 $513 $52,000 $11,700 $40,300
2016 $496 $50,700 $11,700 $39,000
2014 $1,013 $47,700 $11,700 $36,000
2013 $1,004 $50,200 $11,700 $38,500
Source: Public Records

Agents Affiliated with this Home

  • Amy Cavender

    Seller's Agent in 2016

    Amy Cavender

    Northern Lakes Realty

    (574) 453-1872

    1 in this area

    264 Total Sales

    Amy Cavender
    Section Image
  • Stephen Bottom

    Buyer's Agent in 2016

    Stephen Bottom

    Realty Group Resources

    (574) 903-6004

    1 in this area

    100 Total Sales

    Stephen Bottom
    Section Image
See All Agents

Map

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Source: Indiana Regional MLS

MLS Number: 201551757

Indiana Regional MLS

APN: 20-06-05-327-015.000-012

Indiana Elkhart County Elkhart 46516 Sherman

407 Sherman St, Elkhart, IN

Homes for Sale in Elkhart, IN

This home is located at 407 Sherman St, Elkhart, IN 46516 since 06 November 2015 and is currently estimated at $102,249, approximately $90 per square foot. This property was built in 1900. 407 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.