NOT LISTED FOR SALE

506 Sherman St Elkhart, IN 46516

Sherman Neighborhood

Estimated Value: $87,000 - $103,729

2 Beds
2 Baths
1,340 Sq Ft
$70/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $26,000 $19 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $533/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Porch
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-minute walk to Langle Park

About This Home

As of May 2016

Great investment opportunity~ 2 bedrooms, 2 baths, 2 car garage, newer furnace,water heater,Conveniently located near retail shopping, library, and parks.

Last Agent to Sell the Property

Alex Lino

Cressy & Everett- Elkhart Listed on: 04/04/2016

Cressy & Everett- Elkhart

Last Buyer's Agent

Alex Lino

Cressy & Everett- Elkhart Listed on: 04/04/2016

Cressy & Everett- Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $576

Year Built

  • Built in 1900

Lot Details

  • 3,659 Sq Ft Lot
  • Lot Dimensions are 40 x 92
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Carpet
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-161-022.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$576

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Architectural Style: Contemporary
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DUNBAR W 1/2 S 1/2 LOT 29
  • Parcel Number ID: 20-06-05-161-022.000-012
  • Platted: Yes
  • Amenities: Dryer Hook Up Gas, Porch Open
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2136
  • Total Finished Sq Ft: 1340
  • Above Grade Finished Sq Ft: 1340
  • Below Grade Sq Ft: 796
  • Basement: Yes
  • Basement Foundation: Full Basement, Michigan Basement, Unfinished
  • Basement Material: Brick
  • Flooring: Carpet
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 796

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x24

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40 x 92
  • Estimated Lot Sq Ft: 3659
  • Estimated Lot Size Acres: 0.084

Tax Info

  • Annual Taxes: 576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Bontrager and Ruby
Bought by
Claros Maria A
Current Estimated Value
$94,432

Purchase Details

Closed on
May 10, 2018
Sold by
Bontrager and Ruby
Bought by
Claros Maria A

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 2, 2016
Sold by
Bontrager Eills and Bontrager Ruby
Bought by
Claros Maria
Seller's Agent
Alex Lino
Cressy & Everett- Elkhart
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$8,000
Interest Rate
3.58%
Mortgage Type
Seller Take Back
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
Claros Maria A -- Fidelity National Title
Claros Maria A -- Fidelity National Title
Claros Maria $26,000 Fidelity Natl Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claros Maria $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $26,000 0.0% $19 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $26,000 -- $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 $426 $57,500 $9,800 $47,700
2022 $414 $55,300 $9,800 $45,500
2021 $458 $51,300 $9,800 $41,500
2020 $429 $46,100 $9,800 $36,300
2019 $395 $42,100 $9,800 $32,300
2018 $298 $42,300 $9,800 $32,500
2017 $286 $39,800 $9,800 $30,000
2016 $288 $28,800 $3,100 $25,700
2014 $576 $27,000 $3,100 $23,900
2013 $560 $28,000 $9,800 $18,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Lino

    Seller's Agent in 2016

    Alex Lino

    Cressy & Everett- Elkhart

    (574) 612-1571

    2 in this area

    125 Total Sales

    Alex Lino
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Map

Source: Indiana Regional MLS

MLS Number: 201613688

Indiana Regional MLS

APN: 20-06-05-161-022.000-012

Indiana Elkhart County Elkhart 46516 Sherman

506 Sherman St, Elkhart, IN

Not Listed for Sale

Detached

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