D
Seller's Agent in 2017
Dan Brouillette
Pheasant Ridge Realty
416 S 6th St Elkhart, IN 46516
West Central NeighborhoodEstimated Value: $129,000 - $141,350
5
Beds
4
Baths
2,300
Sq Ft
$58/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Wood Siding
- Carpet
- Level Lot
About This Home
As of June 2017This 5 plex is like a big ATM machine. Gross rents totaling $29,000/year! This building has had great rental history and is all leased up with long term tenants. New windows, siding, and split electric. Interior cosmetic improvements as needed. "Street level" management available. May consider a package with 501 Marion (8 Unit), 614 Marion (6 Unit), and 721 Marion (5 Unit)
Last Listed By
Dan Brouillette
Pheasant Ridge Realty Listed on: 04/07/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,240
Year Built
- Built in 1860
Lot Details
- 3,446 Sq Ft Lot
- Lot Dimensions are 42 x 82
- Level Lot
Parking
- 6 Parking Spaces
Home Design
- Wood Siding
- Masonry Siding
- Masonry
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Michigan Basement
- 1 Bathroom in Basement
- 1 Bedroom in Basement
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electric
- The owner pays for heating, water
- Assessor Parcel Number 20-06-05-387-010.000-012
Community Details
Overview
- 5 Units
Building Details
- 1 Separate Water Meter
- Electric Expense $400
- Fuel Expense $2,800
- Insurance Expense $1,000
- Maintenance Expense $1,000
- Trash Expense $600
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 10, 2015
Sold by
416 S 6Th Street Land Trust
Bought by
Indiana 416 Land Trust
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$20,119
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$135,834
Purchase Details
Closed on
Apr 9, 2015
Sold by
Box Llc
Bought by
416 S 6Th Street Land Trust
Purchase Details
Closed on
Dec 15, 2011
Sold by
The Stuart W Statler Living Trust
Bought by
Out Of The Box Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.11%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 1, 2005
Sold by
Mary Jane Statler Trust
Bought by
Ascencio Samuel and Barahana Rafael E
Purchase Details
Closed on
Nov 30, 2004
Sold by
Stuart W Statler Living Trust
Bought by
The Stuart W Statler Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Indiana 416 Land Trust | -- | Fidelity Natl Title Co Llc | |
| 416 S 6Th Street Land Trust | -- | Fidelity Natl Title Co Llc | |
| Out Of The Box Llc | -- | Lawyers Title | |
| Ascencio Samuel | $184,000 | Century Title Services | |
| The Stuart W Statler Living Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Indiana 416 Land Trust | $25,000 | |
| Previous Owner | Schweinzger William L | $20,000 | |
| Closed | Ascencio Samuel | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2017 06/30/17 | Sold | $80,000 | +0.1% | $35 / Sq Ft |
| 04/19/2017 04/19/17 | Pending | -- | -- | -- |
| 04/07/2017 04/07/17 | For Sale | $79,900 | -- | $35 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,600 | $82,900 | $9,700 | $73,200 |
| 2022 | $1,600 | $79,400 | $9,700 | $69,700 |
| 2021 | $1,566 | $76,500 | $9,700 | $66,800 |
| 2020 | $1,490 | $68,300 | $9,700 | $58,600 |
| 2019 | $1,340 | $61,600 | $9,700 | $51,900 |
| 2018 | $1,357 | $62,000 | $9,700 | $52,300 |
| 2017 | $1,272 | $57,900 | $9,700 | $48,200 |
| 2016 | $1,243 | $56,700 | $9,700 | $47,000 |
| 2014 | $1,136 | $53,300 | $9,700 | $43,600 |
| 2013 | $1,210 | $60,500 | $9,700 | $50,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Joshua Schirr
Buyer's Agent in 2017
Joshua Schirr
McKinnies Realty, LLC Elkhart
(574) 534-4415
1 in this area
102 Total Sales
Map
Similar Homes in Elkhart, IN
Source: Indiana Regional MLS
MLS Number: 201714337
APN: 20-06-05-387-010.000-012
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