507 E Jefferson St Goshen, IN 46528
East Lincoln Crossroads NeighborhoodEstimated Value: $106,137 - $154,000
4
Beds
3
Baths
1,477
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Level Lot
- Carpet
About This Home
As of May 20203 unit apartment near downtown, a 1 bedroom and 2 efficiency units. Recent new windows and siding, some newer carpet and fresh paint. 4 electric meters, 1 gas meter and 1 water meter. Owner has paid all utilities in the past but electric could be charged to tenants. Water and gas are currently turned off. Rents are as charged the last time the seller had tenants in the building. Expenses are projected. All units are currently vacant. If the furnace is replaced all units will be required to have their own furnace.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group Listed on: 04/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,608
Year Built
- Built in 1887
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 35x66
- Level Lot
Home Design
- Triplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Michigan Basement
- Crawl Space
Schools
- Chandler Elementary School
- Goshen Middle School
- Goshen High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- The owner pays for building insurance, electric, heating, maintenance, sewer, water
- Assessor Parcel Number 20-11-10-313-011.000-015
Community Details
Overview
- 3 Units
- Mercers Subdivision
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $2,700
- Insurance Expense $750
- Maintenance Expense $250
- Water Sewer Expense $720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2020
Closed on
May 21, 2020
Sold by
Roger Cripe
Bought by
507 E Jefferson Street Llc
Seller's Agent
Christina Clauss
Coldwell Banker Real Estate Group
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,534
Avg. Annual Appreciation
12.32%
Original Mortgage
$56,250
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 16, 2020
Closed on
May 20, 2020
Sold by
Roger Cripe
Bought by
507 E Jefferson Street Llc
Seller's Agent
Christina Clauss
Coldwell Banker Real Estate Group
Buyer's Agent
Alex Lino
Cressy & Everett- Elkhart
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2020
Sold by
Cripe Roger
Bought by
507 E Jefferson Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2010
Sold by
J & K Rentals Llc
Bought by
Cripe Roger
Purchase Details
Closed on
Oct 24, 2005
Sold by
J & K Rentals Llc
Bought by
Cripe Roger
Similar Home in Goshen, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 507 E Jefferson Street Llc | $74,812 | Near North Title Group | |
| 507 E Jefferson Street Llc | $74,812 | Near North Title Group | |
| 507 E Jefferson Street Llc | -- | Near North Title Group | |
| Cripe Roger | $66,181 | None Available | |
| Cripe Roger | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merino Felipe | $60,607 | |
| Closed | 507 E Jefferson Street Llc | $56,250 | |
| Closed | 507 E Jefferson Street Llc | $56,250 | |
| Previous Owner | 507 E Jefferson Street Llc | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2020 05/20/20 | Sold | $75,000 | -16.6% | $51 / Sq Ft |
| 04/21/2020 04/21/20 | Pending | -- | -- | -- |
| 04/16/2020 04/16/20 | For Sale | $89,900 | -- | $61 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,778 | $118,800 | $7,700 | $111,100 |
| 2022 | $2,778 | $97,100 | $7,700 | $89,400 |
| 2021 | $2,159 | $90,000 | $0 | $90,000 |
| 2020 | $2,222 | $82,300 | $7,700 | $74,600 |
| 2019 | $2,092 | $84,200 | $7,700 | $76,500 |
| 2018 | $1,623 | $68,800 | $7,700 | $61,100 |
| 2017 | $1,333 | $64,800 | $7,700 | $57,100 |
| 2016 | $1,330 | $62,700 | $7,700 | $55,000 |
| 2014 | $1,210 | $58,700 | $7,700 | $51,000 |
| 2013 | $1,175 | $58,700 | $7,700 | $51,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Clauss
Seller's Agent in 2020
Christina Clauss
Coldwell Banker Real Estate Group
(574) 202-0573
6 in this area
181 Total Sales
-
Alex Lino
Buyer's Agent in 2020
Alex Lino
Cressy & Everett- Elkhart
(574) 612-1571
2 in this area
148 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202013343
APN: 20-11-10-313-011.000-015
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