NOT LISTED FOR SALE

501 Virginia Ave Elkhart, IN 46516

Tipton Area Neighborhood

Estimated Value: $114,762 - $144,000

2 Beds
1 Bath
1,462 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $11,000 $8 Per Sq Ft

Est. 1,088% increase in value since last sale

Current estimated payment $817/month

42 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 5-minute walk to Ludgwig Corner

About This Home

As of August 2017

Good rental history. Currently vacant. Has been rented for $550 per month ($6600/yr). Owner is selling his portfolio of 21 buildings. Subject to tenant's rights. Cash offers only! Wants them all gone by August 1st. Proof of funds required before showing

Last Agent to Sell the Property

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Last Buyer's Agent

Dan Brouillette

Pheasant Ridge Realty Listed on: 06/01/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • 4,051 Sq Ft Lot
  • Lot Dimensions are 45 x 90
  • Corner Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 20-06-04-364-001.000-012

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1892
  • Age: 125
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BEESONS 2ND 45x90FT NW COR; LOT 70;(TIF 110)
  • Parcel Number ID: 20-06-04-364-001.000-012
  • Platted: Yes
  • Sp Lp Percent: 73.83
  • Special Features: None

Interior Features

  • Total Sq Ft: 2334
  • Total Finished Sq Ft: 1462
  • Above Grade Finished Sq Ft: 1462
  • Below Grade Sq Ft: 872
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Bedroom 1: Dimensions: 12x13, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 872

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Elkhart Community
  • Middle School: Pierre Moran
  • High School: Central

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 45 x 90
  • Estimated Lot Sq Ft: 4051
  • Estimated Lot Size Acres: 0.093
  • Lot Number: 70

Tax Info

  • Annual Taxes: 665
  • Total Assessed Value: 28800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Aug 17, 2017
Sold by
Unique Management Llc
Bought by
Garcia Rentals Llc
Seller's Agent
Dan Brouillette
Pheasant Ridge Realty
Buyer's Agent
Dan Brouillette
Pheasant Ridge Realty
List Price
$27,900
Sold Price
$11,000
Premium/Discount to List
-$16,900
-60.57%
Current Estimated Value
$130,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,691
Avg. Annual Appreciation
37.41%

Purchase Details

Closed on
Jun 10, 2013
Sold by
Unique Investment Grop Llc
Bought by
Unique Management Llc

Purchase Details

Closed on
May 31, 2012
Sold by
Holtzinger Paul F and Holtzinger Doris
Bought by
Holtzinger V Doris
Source: Public Records

Range of Values:

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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
Garcia Rentals Llc -- Fidelity Natl Title Co Llc
Unique Management Llc -- None Available
Holtzinger V Doris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Unique Management Llc $35,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $11,000 -60.6% $8 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $27,900 -- $19 / 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 $1,274 $65,500 $10,700 $54,800
2022 $1,274 $51,400 $10,700 $40,700
2021 $996 $48,200 $10,700 $37,500
2020 $1,060 $48,200 $10,700 $37,500
2019 $901 $41,000 $3,500 $37,500
2018 $907 $41,000 $3,500 $37,500
2017 $681 $30,700 $3,500 $27,200
2016 $680 $30,700 $3,500 $27,200
2014 $614 $28,800 $3,500 $25,300
2013 $564 $28,200 $10,900 $17,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Brouillette

    Pheasant Ridge Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201724337

Indiana Regional MLS

APN: 20-06-04-364-001.000-012

Indiana Elkhart County Elkhart 46516 Tipton Area

501 Virginia Ave, Elkhart, IN

This home is located at 501 Virginia Ave, Elkhart, IN 46516 since 01 June 2017 and is currently estimated at $130,691, approximately $89 per square foot. This property was built in 1892. 501 Virginia Ave is a home located in Elkhart County with nearby schools including Mary Beck Elementary School, Pierre Moran 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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