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

  • Pets Allowed with Restrictions

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
  • Style: Two Story
  • 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
  • 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

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

  • Annual Property Tax: 2286

Multi Family

  • 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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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
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

    145 Total Sales

    Micki Olson
    Section Image
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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

Not Listed for Sale

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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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