NOT LISTED FOR SALE

419 W Marion St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $122,000 - $150,000

4 Beds
1 Bath
1,467 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $36,500 $25 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,035/month

About This Home

As of August 2018

Pending at print. Part of a 5 building package.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 07/01/2018

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 07/01/2018

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,765 Sq Ft Lot
  • Lot Dimensions are 41x165

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Hawthorne Elementary School
  • North Side Middle School
  • Elkhart Memorial High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, water
  • Assessor Parcel Number 20-06-08-128-005.000-012

Community Details

Overview

  • 5 Units
  • Concord Valley Subdivision

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • Fuel Expense $1,125
  • Insurance Expense $1,000
  • Maintenance Expense $514
  • Water Sewer Expense $1,109

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fiveplex
  • Year Built: 1910
  • Style: Two and Half Story
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Beardsleys 2ND E1/2 Lot 241; S & Western 2ND Add |
  • Parcel Number ID: 20-06-08-128-005.000-012
  • Platted: Yes
  • Amenities: Cable Available
  • Special Features: None

Interior Features

  • Total Sq Ft: 2718
  • Total Finished Sq Ft: 1467
  • Above Grade Finished Sq Ft: 1467
  • Below Grade Sq Ft: 1251
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Vinyl Tile
  • Total Below Grade Sq Ft: 1251
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Aluminum
  • Stories: 2

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1125
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 514
  • Annual Water Sewer Expense: 1109

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • Elementary School: Hawthorne

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 41x165
  • Estimated Lot Sq Ft: 6765
  • Estimated Lot Size Acres: 0.1553
  • Lot Number: 241

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Heating, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 1439

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 5
  • Num Of1 Bedrooms: 4

MLS Schools

  • High School: Elkhart Memorial
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 20, 2018
Sold by
Barna Richard I
Bought by
Freedom River Three Llc
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$35,000
Sold Price
$36,500
Premium/Discount to List
$1,500
4.29%
Current Estimated Value
$135,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,927
Avg. Annual Appreciation
19.70%
Original Mortgage
$139,000
Outstanding Balance
$120,979
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$14,448

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 18, 2018
Sold by
401 Investment Llc
Bought by
Barna Richard I
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$35,000
Sold Price
$36,500
Premium/Discount to List
$1,500
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$120,979
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$14,448

Purchase Details

Closed on
Dec 18, 2015
Sold by
419 Marion Land Trust
Bought by
Indiana 419 Land Trust

Purchase Details

Closed on
Apr 1, 2015
Sold by
1 Elkhart Investments Llc
Bought by
419 Marion Land Trust

Purchase Details

Closed on
Jul 22, 2013
Sold by
Sidwest Investments Llc
Bought by
1 Elkhart Investments Llc

Purchase Details

Closed on
Oct 1, 2010
Sold by
Marion Street Investments Llc
Bought by
Sidwest Investments Llc

Purchase Details

Closed on
Jan 25, 2008
Sold by
Carpenter Shirley A
Bought by
Marion Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2007
Sold by
Shreiner Roger J and Shreiner June
Bought by
Carpenter Shirley A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Freedom River Three Llc -- Fidelity National Title
Barna Richard I $184,870 Fidelity National Title
427 Investments Llc -- Fidelity National Title
Indiana 419 Land Trust -- None Available
419 Marion Land Trust -- Fidelity Natl Title Co Llc
1 Elkhart Investments Llc -- Lawyers Title
Sidwest Investments Llc -- Lawyers Title
Marion Street Investments Llc -- Elko Title Corp
Carpenter Shirley A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barna Richard I $139,000
Previous Owner Marion Street Investments Llc $274,000
Closed 419 Marion Land Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $36,500 +4.3% $25 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $35,000 -- $24 / 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 $3,902 $93,800 $13,200 $80,600
2022 $1,809 $89,900 $13,200 $76,700
2021 $1,822 $89,100 $13,200 $75,900
2020 $1,738 $79,800 $13,200 $66,600
2019 $1,568 $72,200 $13,200 $59,000
2018 $1,587 $72,600 $13,200 $59,400
2017 $1,454 $66,300 $13,200 $53,100
2016 $1,414 $64,600 $13,200 $51,400
2014 $1,296 $60,800 $13,200 $47,600
2013 $868 $43,400 $13,200 $30,200
Source: Public Records

Agents Affiliated with this Home

  • Joshua Schirr

    Seller's Agent in 2018

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 606-7771

    1 in this area

    91 Total Sales

    Joshua Schirr
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Map

Source: Indiana Regional MLS

MLS Number: 201829362

Indiana Regional MLS

APN: 20-06-08-128-005.000-012

Indiana Elkhart County Elkhart 46516 West Central

419 W Marion St, Elkhart, IN

Not Listed for Sale

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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