NOT LISTED FOR SALE

412 W Franklin St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $100,000 - $187,000

5 Beds
4 Baths
3,034 Sq Ft
$50/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $46,000 $15 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $988/month

Highlights

  • Luxury Vinyl Tile Flooring
  • 4 Car Garage
  • Level Lot
  • Hot Water Heating System

About This Home

As of August 2017

This home is located at 412 W Franklin St, Elkhart, IN 46516 since 21 June 2017 and is currently estimated at $150,960, approximately $49 per square foot. This property was built in 1900. 412 W Franklin 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.

Last Agent to Sell the Property

Jackie Frient

Market Place Realty, Inc. Listed on: 06/21/2017

Last Buyer's Agent

Jackie Frient

Market Place Realty, Inc. Listed on: 06/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1900

Lot Details

  • 6,930 Sq Ft Lot
  • Lot Dimensions are 42 x 165
  • Level Lot

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • On-Street Parking
  • Parking Lot

Additional Features

  • Suburban Location
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, sewer, tax, trash collection, water
  • Assessor Parcel Number 20-06-05-384-009.000-012

Community Details

Overview

  • 4 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $500
  • Maintenance Expense $500
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$959

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: BEARDSLEYS 2ND S & W W1/2 LOT 184
  • Parcel Number ID: 20-06-05-384-009.000-012
  • Platted: Yes
  • Amenities: Basement
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Monthly Gross Income: 400
  • Special Features: None

Interior Features

  • Total Sq Ft: 3583
  • Total Finished Sq Ft: 3034
  • Above Grade Finished Sq Ft: 3034
  • Below Grade Sq Ft: 549
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 549
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4
  • Parking: Garage, Lot, Street

Utilities

  • Heating Fuel: Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 500
  • Annual Maintenance Expense: 500
  • Annual Water Sewer Expense: 1200

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 42 x 165
  • Estimated Lot Sq Ft: 6930
  • Estimated Lot Size Acres: 0.1591
  • Lot Number: 184

Rental Info

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

Tax Info

  • Total Assessed Value: 43400
  • Annual Property Tax: 959

Multi Family

  • Gross Monthly Rent: 400
  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 1, 2017
Sold by
Schoonover Richard J
Bought by
Lakner Gregory Allan and Gregory Allan Lakner Trust
Seller's Agent
Jackie Frient
Market Place Realty, Inc.
Buyer's Agent
Jackie Frient
Market Place Realty, Inc.
List Price
$46,000
Sold Price
$46,000
Current Estimated Value
$150,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,960
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Feb 20, 2009
Sold by
Prime Five Holdings Llc Series A1
Bought by
Schoonover Richard J

Purchase Details

Closed on
Aug 7, 2007
Sold by
Nacj Investments Inc
Bought by
Prime Five Holdings Llc Series A1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2005
Sold by
Ubs Real Estate Securities Inc
Bought by
Nacj Investments Inc

Purchase Details

Closed on
Mar 22, 2005
Sold by
Conley Jason T and Green Cobus
Bought by
Ubs Real Estate Securities Inc

Purchase Details

Closed on
Dec 11, 2002
Sold by
Long Richard A and Long Julie K
Bought by
Conley Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.25%
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
Lakner Gregory Allan -- None Available
Schoonover Richard J -- Meridian Title Corp
Prime Five Holdings Llc Series A1 -- Metropolitan Title
Nacj Investments Inc -- Investors Titlecorp
Ubs Real Estate Securities Inc $94,014 --
Conley Jason T -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prime Five Holdings Llc Series A1 $35,000
Previous Owner Conley Jason T $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $46,000 0.0% $15 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $46,000 -- $15 / 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 $2,245 $115,200 $13,500 $101,700
2022 $2,216 $57,400 $13,500 $43,900
2021 $1,106 $53,800 $13,500 $40,300
2020 $1,177 $53,800 $13,500 $40,300
2019 $976 $44,700 $4,400 $40,300
2018 $981 $44,600 $4,400 $40,200
2017 $977 $44,300 $4,400 $39,900
2016 $974 $44,300 $4,400 $39,900
2014 $934 $43,800 $4,400 $39,400
2013 $1,058 $52,900 $13,500 $39,400
Source: Public Records

Agents Affiliated with this Home

  • Jackie Frient

    Seller's Agent in 2017

    Jackie Frient

    Market Place Realty, Inc.

    (574) 850-1432

    23 Total Sales

    Jackie Frient
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Map

Source: Indiana Regional MLS

MLS Number: 201728321

Indiana Regional MLS

APN: 20-06-05-384-009.000-012

Indiana Elkhart County Elkhart 46516 West Central

412 W Franklin St, Elkhart, IN

This home is located at 412 W Franklin St, Elkhart, IN 46516 since 21 June 2017 and is currently estimated at $150,960, approximately $49 per square foot. This property was built in 1900. 412 W Franklin 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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