NOT LISTED FOR SALE

506 W Cleveland Ave Elkhart, IN 46516

Impact Neighborhood

Estimated Value: $96,000 - $111,346

2 Beds
1 Bath
872 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $50,000 $57 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $582/month

157 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Bathtub with Shower
  • Covered Patio or Porch
  • Double Pane Windows
  • 2-minute walk to Ullery Park

About This Home

As of April 2017

Everything NEW! In the past 5 years everything has been replaced : New windows, siding, roof, walls, ceilings, all fixtures, kitchen, bathroom, water heater, appliances, and more. Home has brand new flooring and fresh paint. Great layout with nice sized bedrooms, nice staircase to the attic with more potential to finish attic space into a 3rd bedroom. Everything is move in ready this is a perfect opportunity to own for less than rent or make a great investment and start earning money right away.

Last Agent to Sell the Property

Tara Lochmandy

Cressy & Everett- Goshen Listed on: 10/07/2016

Cressy & Everett- Goshen

Last Buyer's Agent

Maggie Ingold

New Beginning Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1928

Lot Details

  • 7,261 Sq Ft Lot
  • Lot Dimensions are 44x165
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Formal Dining Room
  • Walkup Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Schools

  • Roosevelt Hawthorne Elementary School
  • Pierre Moran Middle School
  • Elkhart Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-06-08-402-023.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1928
  • Style: One Story
  • Architectural Style: Bungalow, Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Oak Grove Lot 7 |
  • Parcel Number ID: 20-06-08-402-023.000-012
  • Platted: Yes
  • Amenities: Attic-Walk-up, Ceiling-9+, Porch Covered, Tub/Shower Combination, Formal Dining Room
  • Cross Street: S. 6th Street
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1744
  • Total Finished Sq Ft: 872
  • Above Grade Finished Sq Ft: 872
  • Below Grade Sq Ft: 872
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 872
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 872

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Garden Shed, Dimensions: 10x12

Garage/Parking

  • Off Street Parking: Yes

Utilities

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

Schools

  • Elementary School: Roosevelt Hawthorne

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 44x165
  • Estimated Lot Sq Ft: 7261
  • Estimated Lot Size Acres: 0.1667

Green Features

  • Energy Efficient: Doors, Insulation, Windows, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 630

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Apr 20, 2017
Sold by
Anderson Heather and Anderson Travis
Bought by
White Matthew
Seller's Agent
Tara Lochmandy
Cressy & Everett- Goshen
Buyer's Agent
Maggie Ingold
New Beginning Realty
List Price
$47,000
Sold Price
$50,000
Premium/Discount to List
$3,000
6.38%
Current Estimated Value
$103,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,587
Avg. Annual Appreciation
8.81%
Original Mortgage
$49,094
Outstanding Balance
$40,854
Interest Rate
4.21%
Mortgage Type
FHA
Estimated Equity
$62,733

Purchase Details

Closed on
Oct 9, 2012
Sold by
Holtzinger V Doris
Bought by
Anderson Heather and Anderson Travis

Purchase Details

Closed on
Sep 26, 2012
Sold by
Holtzinger Nvelda D
Bought by
Anderson Travis and Anderson Heather

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Matthew -- Hamilton Title
Anderson Heather -- Lawyers Title
Anderson Travis -- Lawyers Title
Holtzinger V Doris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Matthew $49,094
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2017 04/20/17 Sold $50,000 +6.4% $57 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $47,000 -- $54 / 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 $447 $58,500 $8,600 $49,900
2022 $351 $51,100 $8,600 $42,500
2021 $374 $51,900 $8,600 $43,300
2020 $366 $49,600 $8,600 $41,000
2019 $331 $45,600 $8,600 $37,000
2018 $308 $42,400 $8,600 $33,800
2017 $298 $29,500 $4,300 $25,200
2016 $654 $29,500 $4,300 $25,200
2014 $623 $29,200 $4,300 $24,900
2013 $610 $30,500 $13,400 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201646710

Indiana Regional MLS

APN: 20-06-08-402-023.000-012