NOT LISTED FOR SALE

417 W Franklin St Elkhart, IN 46516

West Central Neighborhood
5 Beds
6 Baths
2,522 Sq Ft
9,060 Sq Ft Lot

Last Sold February 10, 2017

Last sale price $62,500 $25 Per Sq Ft

3 Days on Market

Highlights

  • Hot Water Heating System
  • Level Lot
  • Carpet

About This Home

As of February 2017

This is a 6 unit apartment building. There is one 2-bedroom, three 1-bedroom and two efficiency units. There is 6 separate electric meters with one boiler and one gas water heater. Seller paid all utilities. The 2-bedroom is $130 a week. The 1-bedrooms are $100-110 a week and the efficiencies are $90.00 a week. There is a detached 2-car garage.

Last Agent to Sell the Property

Micki Olson

Realty Group Resources Listed on: 01/26/2017

Realty Group Resources

Last Buyer's Agent

Micki Olson

Realty Group Resources Listed on: 01/26/2017

Realty Group Resources

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 9,060 Sq Ft Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Carpet
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for electric, fuel, sewer, trash collection, water
  • Assessor Parcel Number 20-06-05-388-003.000-012

Community Details

Overview

  • 6 Units

Pet Policy

  • Pet Restriction

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,264
  • Fuel Expense $1,560
  • Insurance Expense $1,465
  • Trash Expense $1,212
  • Water Sewer Expense $568

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Sixplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Beards 2nd S&W 55Ft E Sid; Lot 209
  • Parcel Number ID: 20-06-05-388-003.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Sp Lp Percent: 78.22
  • Monthly Gross Income: 2905
  • Special Features: None

Interior Features

  • Total Sq Ft: 3412
  • Total Finished Sq Ft: 2522
  • Above Grade Finished Sq Ft: 2522
  • Below Grade Sq Ft: 890
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet
  • Total Below Grade Sq Ft: 890
  • Number Of Ranges Ovens: 5
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1264
  • Annual Fuel Expense: 1560
  • Annual Insurance Expense: 1465
  • Annual Trash Expense: 1212
  • Annual Water Sewer Expense: 568
  • Number Electric Meters: 6
  • Number Gas Meters: 1
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Mary Beck
  • Middle School: Northside
  • High School: Elkhart Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .2080
  • Estimated Lot Sq Ft: 9060
  • Estimated Lot Size Acres: 0.208
  • Lot Number: 209

Rental Info

  • Lease Term: Week to Week
  • Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water

Tax Info

  • Total Assessed Value: 105900
  • Annual Property Tax: 2286

Multi Family

  • Gross Monthly Rent: 2905
  • Number Of Refrigerators: 5
  • Number Of Units: 6
  • Num Of1 Bedrooms: 3
  • Num Of2 Bedrooms: 1
  • Num Of Efficiencies: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $62,500 -21.8% $25 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $79,900 -- $32 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Micki Olson

    Seller's Agent in 2017

    Micki Olson

    Realty Group Resources

    (574) 596-0402

    2 in this area

    152 Total Sales

    Micki Olson
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Map

Source: Indiana Regional MLS

MLS Number: 201703671

Indiana Regional MLS
Indiana Elkhart County Elkhart 46516 West Central

417 W Franklin St, Elkhart, IN

This home is located at 417 W Franklin St, Elkhart, IN 46516 since 26 January 2017. This property was built in 1900. 417 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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