NOT LISTED FOR SALE

431 W Marion St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $81,000 - $140,000

3 Beds
3 Baths
1,164 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $37,000 $32 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $777/month

About This Home

As of August 2018

Pending at print. Part of a 5 building package. Some work may be needed and properties are priced accordingly.

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 1900

Lot Details

  • 4,517 Sq Ft Lot
  • Lot Dimensions are 43x105

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Mary Daly Elementary School
  • West Side Middle School
  • Elkhart Memorial High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electric, heating, water
  • Assessor Parcel Number 20-06-08-128-001.000-012

Community Details

Overview

  • 3 Units
  • Concord Valley Subdivision

Building Details

  • Electric Expense $2,000
  • Fuel Expense $1,456
  • Insurance Expense $1,000
  • Maintenance Expense $516
  • Water Sewer Expense $998

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Beards 42 1/2FT W Side Ex 60FT S Side Lot 240; S & Western 2ND Add |
  • Parcel Number ID: 20-06-08-128-001.000-012
  • Platted: Yes
  • Amenities: Cable Ready
  • Sp Lp Percent: 105.71
  • Annual Miscellaneous: 125
  • Monthly Gross Income: 1597
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 1772
  • Total Finished Sq Ft: 1164
  • Above Grade Finished Sq Ft: 1164
  • Below Grade Sq Ft: 608
  • Price Per Sq Ft: 31.79
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 608
  • Number Of Ranges Ovens: 3

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 2000
  • Annual Fuel Expense: 1456
  • Annual Insurance Expense: 1000
  • Annual Maintenance Expense: 516
  • Annual Water Sewer Expense: 998
  • Number Of W D Hookups: 1

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 43x105
  • Estimated Lot Sq Ft: 4517
  • Estimated Lot Size Acres: 0.1037
  • Lot Number: 240

Rental Info

  • Owner Pays: Electric, Heating, Water

Tax Info

  • Total Assessed Value: 47000
  • Annual Property Tax: 1042

Multi Family

  • Gross Monthly Rent: 1597
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of Efficiencies: 1
  • Num Of Units Rented: 3

MLS Schools

  • High School: Elkhart Memorial
  • Middle School: West 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
$37,000
Premium/Discount to List
$2,000
5.71%
Current Estimated Value
$109,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,836
Avg. Annual Appreciation
16.18%
Original Mortgage
$139,000
Outstanding Balance
$122,695
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$15,564

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
$37,000
Premium/Discount to List
$2,000
5.71%

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
$122,695
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$15,564

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 5, 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
$37,000
Premium/Discount to List
$2,000
5.71%

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
$122,695
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$15,564

Purchase Details

Listed on
Jul 1, 2018
Closed on
Aug 21, 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
$37,000
Premium/Discount to List
$2,000
5.71%

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
$122,695
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$15,564

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:

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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
Freedom River Three Llc -- Fidelity National Title
Barna Richard I $184,870 Fidelity National Title
427 Investments Llc -- Fidelity National Title
Freedom River Three Llc -- Fidelity National Title
Barna Richard I $184,870 Fidelity National Title
427 Investments Llc -- Fidelity National Title
Carpenter Shirley A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barna Richard I $139,000
Closed Barna Richard I $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $37,000 +5.7% $32 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $35,000 -- $30 / 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 $2,338 $56,100 $11,200 $44,900
2022 $1,092 $53,900 $11,200 $42,700
2021 $1,104 $53,700 $11,200 $42,500
2020 $1,062 $48,500 $11,200 $37,300
2019 $965 $44,200 $11,200 $33,000
2018 $961 $44,400 $11,200 $33,200
2017 $1,042 $48,000 $11,200 $36,800
2016 $982 $47,000 $11,200 $35,800
2014 $942 $44,200 $11,200 $33,000
2013 $992 $49,600 $11,200 $38,400
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

    101 Total Sales

    Joshua Schirr
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Map

Source: Indiana Regional MLS

MLS Number: 201829427

Indiana Regional MLS

APN: 20-06-08-128-001.000-012

Indiana Elkhart County Elkhart 46516 West Central

431 W Marion St, Elkhart, IN

This home is located at 431 W Marion St, Elkhart, IN 46516 since 01 July 2018 and is currently estimated at $109,836, approximately $94 per square foot. This property was built in 1900. 431 W Marion 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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