NOT LISTED FOR SALE

Estimated Value: $89,000 - $142,000

5 Beds
3 Baths
2,642 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $45,000 $17 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $651/month

254 Days on Market

About This Home

As of April 2019

Back on market due to no fault of seller! This 2 unit home has a 4 bed 2 bath unit and a 1 bed 1 bath. New plumbing, furnace, water heater and some electrical updates. 1 bed is all electric. Comes with a parking lot behind home for off street parking. Request a minimum of 24 hour notice.

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 04/24/2018

McKinnies Realty, LLC

Last Buyer's Agent

Jim McKinnies

McKinnies Realty, LLC Listed on: 04/24/2018

McKinnies Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1900

Lot Details

  • 6,765 Sq Ft Lot
  • Lot Dimensions are 41 x 165

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • 1 Bedroom in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for fuel
  • The owner pays for electric, lawn maintenance
  • Assessor Parcel Number 20-06-05-379-018.000-012

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 1 Separate Electric Meter
  • Electric Expense $1,200
  • Insurance Expense $1,000
  • Water Sewer Expense $432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$589

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1900
  • Age: 119
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Beards 2nd S & W E1/2 Lot 143 |
  • Parcel Number ID: 20-06-05-379-018.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Electric
  • Inside City Limits: Yes
  • Number Below Grade Bedrooms: 1
  • Parcel Id2: 0605379018012
  • Sp Lp Percent: 90.18
  • Annual Miscellaneous: 150
  • Monthly Gross Income: 1430
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2642
  • Total Finished Sq Ft: 2642
  • Above Grade Finished Sq Ft: 2642
  • Price Per Sq Ft: 17.03
  • Basement Foundation: Unfinished
  • Flooring: Finished
  • Main Level Sq Ft: 1527
  • Number Of Ranges Ovens: 1
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street, Paved

Utilities

  • Heating Fuel: Electricity, Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Insurance Expense: 1000
  • Annual Water Sewer Expense: 432
  • Number Electric Meters: 1
  • Number Of W D Hookups: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Daly
  • Middle School: West Side
  • High School: Elkhart Memorial

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41 X 165
  • Estimated Lot Sq Ft: 6765
  • Estimated Lot Size Acres: 0.15
  • Lot Number: 143

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Electric, Lawn Maintenance
  • Tenant Pays: Fuel

Tax Info

  • Total Assessed Value: 588.88
  • Annual Property Tax: 588.88

Multi Family

  • Gross Monthly Rent: 1430
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Number Of 4 Bedrooms: 1
  • Num Of Efficiencies: 2
  • Num Of Units Rented: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Apr 12, 2019
Sold by
Blue Water Property Investments Llc
Bought by
King Joshua I and King Michaela T
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$108,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,328
Avg. Annual Appreciation
16.54%
Original Mortgage
$42,750
Outstanding Balance
$38,111
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$83,003

Purchase Details

Closed on
Aug 17, 2017
Sold by
Miko Jason
Bought by
Blue Water Property Investments Llc

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 30, 2017
Sold by
Elkhart Investments Llc
Bought by
Miko Michael J
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Jim McKinnies
McKinnies Realty, LLC
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$28,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2015
Sold by
Giada Llc
Bought by
1 Elkhart Investments Llc

Purchase Details

Closed on
Jul 17, 2013
Sold by
White Christopher
Bought by
Giada Llc

Purchase Details

Listed on
Dec 22, 2011
Closed on
Jan 30, 2012
Sold by
Fannie Mae
Bought by
White Christopher
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Cory White
Realty Group Resources
List Price
$15,500
Sold Price
$13,500
Premium/Discount to List
-$2,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Mares Evangelina
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2004
Sold by
Poorbaugh Deborah A
Bought by
Mares Evangeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
Poorbaugh Earl E
Bought by
Poorbaugh Deborah A
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
King Joshua I -- Fidelity National Ttl Co Llc
Blue Water Property Investments Llc -- Fidelity National Title Co L
Miko Michael J -- Fidelity Natl Title Co Llc
1 Elkhart Investments Llc -- None Available
Giada Llc -- Lawyers Title
White Christopher $13,500 Sojourners Title Agency
Fannie Mae $54,635 None Available
Mares Evangeline -- Meridian Title Corp
Poorbaugh Deborah A -- Land Grant Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Joshua I $42,750
Previous Owner Miko Michael J $28,500
Previous Owner Mares Evangeline $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $45,000 -9.8% $17 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $49,900 0.0% $19 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $49,900 +31.3% $19 / Sq Ft
05/30/2017 05/30/17 Sold $38,000 -23.8% $14 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $49,900 +269.6% $19 / Sq Ft
01/30/2012 01/30/12 Sold $13,500 -12.9% $5 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $15,500 -- $6 / 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 $928 $47,200 $13,200 $34,000
2022 $872 $45,600 $13,200 $32,400
2021 $913 $44,300 $13,200 $31,100
2020 $887 $40,400 $13,200 $27,200
2019 $275 $28,800 $13,200 $15,600
2018 $641 $28,900 $13,200 $15,700
2017 $614 $27,600 $13,200 $14,400
2016 $604 $27,200 $13,200 $14,000
2014 $559 $26,200 $13,200 $13,000
2013 $566 $28,300 $13,200 $15,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201816439

Indiana Regional MLS

APN: 20-06-05-379-018.000-012