NOT LISTED FOR SALE

410 E Madison St Goshen, IN 46526

Historic Southside Neighborhood

Estimated Value: $235,000 - $302,000

4 Beds
4 Baths
2,516 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $67,000 $27 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $1,820/month

51 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Hot Water Heating System
  • Level Lot

About This Home

As of September 2016

Stable rent history and good cash flow. Separate electric meters. Need 48 hour showing notice.

Last Agent to Sell the Property

Jeff Birky

Berkshire Hathaway HomeServices Goshen Listed on: 06/27/2016

Berkshire Hathaway HomeServices Goshen

Last Buyer's Agent

Jeff Birky

Berkshire Hathaway HomeServices Goshen Listed on: 06/27/2016

Berkshire Hathaway HomeServices Goshen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,833 Sq Ft Lot
  • Lot Dimensions are 43.5 x 87
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Location

  • Suburban Location

Schools

  • Chandler Elementary School
  • Goshen Middle School
  • Goshen High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, maintenance, sewer, tax, water
  • Assessor Parcel Number 20-11-09-481-004.000-015

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $432
  • Fuel Expense $1,872
  • Insurance Expense $1,077
  • Water Sewer Expense $888

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Barnes 2nd NE 43 1/2x66 Ft E 1/2 Lot 4 plus 43 1/2x21 Ft NE Cor Lot 5 |
  • Parcel Number ID: 20-11-09-481-004.000-015
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Special Features: None

Interior Features

  • Total Sq Ft: 3576
  • Total Finished Sq Ft: 2516
  • Above Grade Finished Sq Ft: 2516
  • Below Grade Sq Ft: 1060
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1060
  • Number Of Ranges Ovens: 4

Exterior Features

  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 432
  • Annual Fuel Expense: 1872
  • Annual Insurance Expense: 1077
  • Annual Water Sewer Expense: 888
  • Number Electric Meters: 5
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Chandler

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 43.5 x 87
  • Estimated Lot Sq Ft: 3833
  • Estimated Lot Size Acres: 0.088
  • Lot Number: 4

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Heating, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1680

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4
  • Num Of Efficiencies: 4

MLS Schools

  • High School: Goshen
  • Middle School: Goshen
  • School District: Goshen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Sep 7, 2016
Sold by
Bauman Phillip
Bought by
Norman
Seller's Agent
Jeff Birky
Berkshire Hathaway HomeServices Goshen
Buyer's Agent
Jeff Birky
Berkshire Hathaway HomeServices Goshen
List Price
$67,000
Sold Price
$67,000
Current Estimated Value
$268,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,899
Avg. Annual Appreciation
15.93%

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bauman Philip H and Bauman Connie S
Bought by
Schafer Norman Frederick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norman $67,000 --
Schafer Norman Frederick -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2016 09/07/16 Sold $67,000 0.0% $27 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $67,000 -- $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
2025 $5,087 $226,100 $12,900 $213,200
2024 $4,398 $202,900 $12,900 $190,000
2022 $4,398 $176,100 $0 $176,100
2021 $3,663 $153,100 $12,900 $140,200
2020 $2,219 $82,200 $7,400 $74,800
2019 $2,042 $82,200 $7,400 $74,800
2018 $1,936 $82,200 $7,400 $74,800
2017 $1,671 $81,500 $7,400 $74,100
2016 $1,723 $81,500 $7,400 $74,100
2014 $1,648 $80,000 $7,400 $72,600
2013 $1,600 $80,000 $7,400 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Birky

    Seller's Agent in 2016

    Jeff Birky

    Berkshire Hathaway HomeServices Goshen

    (574) 370-3083

    3 in this area

    94 Total Sales

    Jeff Birky
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Map

Source: Indiana Regional MLS

MLS Number: 201629584

Indiana Regional MLS

APN: 20-11-09-481-004.000-015

Indiana Elkhart County Goshen 46526 Historic Southside

410 E Madison St, Goshen, IN

Not Listed for Sale

MultiFamily

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