NOT LISTED FOR SALE

Estimated Value: $88,000 - $113,000

1 Bed
1 Bath
1,102 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $22,050 $20 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $647/month

10 Days on Market

About This Home

As of May 2017

This home is located at 510 Franklin Ct, Elkhart, IN 46516 since 26 April 2017 and is currently estimated at $102,236, approximately $92 per square foot. This property was built in 1931. 510 Franklin Ct 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.

Last Listed By

Brad Hooley

Bartel & Company Brokerage Phone: 574-825-2115 Listed on: 04/26/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 67 x 41
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Elkhart Community Elementary School
  • North Side Middle School
  • Central High School

Listing and Financial Details

  • Assessor Parcel Number 20-06-05-383-011.000-012

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1931
  • Age: 86
  • Style: One Story
  • Total Number of Rooms: 3
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BEARDS 2ND S&W N 67FT OF E1/2; LOT 188 |
  • Parcel Number ID: 20-06-05-383-011.000-012
  • Platted: Yes
  • Sp Lp Percent: 110.25
  • Year Taxes Payable: 2017
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 1102
  • Total Finished Sq Ft: 1102
  • Above Grade Finished Sq Ft: 1102
  • Price Per Sq Ft: 20.01
  • Basement: Yes
  • Basement Foundation: Cellar
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Elkhart Community
  • Middle School: North Side
  • High School: Central
  • Elementary School: Elkhart Community

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 67 x 41
  • Estimated Lot Sq Ft: 4356
  • Estimated Lot Size Acres: 0.1

Tax Info

  • Annual Taxes: 600

MLS Schools

  • High School: Central
  • Middle School: North Side
  • School District: Elkhart Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2023
Sold by
Simons Jeff
Bought by
Simons Jeff and Simons Barbara
Total Days on Market
10
Current Estimated Value
$102,236

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 25, 2017
Sold by
Downtown Elkhart Inc
Bought by
Simons Jeff
Seller's Agent
Brad Hooley
Bartel & Company
Buyer's Agent
Brad Hooley
Bartel & Company
List Price
$1,000
Sold Price
$22,050
Premium/Discount to List
$21,050
2105%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Chupp Jeffrey E and Chupp Jeffrey E
Bought by
J & M Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Chupp Jeff
Bought by
Chupp Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 29, 2007
Sold by
Bender Laurie and Bender Jeffrey L
Bought by
Wells Fargo Bank Na and Citigroup Mortgage Loan Trust Series 200

Purchase Details

Closed on
Jun 19, 2004
Sold by
Simons Jeffrey W
Bought by
Bender Jeffrey L and Bender Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Lambright Gerald J and Lambright Ellen M
Bought by
Simons Jeffrey W

Purchase Details

Closed on
Jan 11, 2002
Sold by
Stamm Robin D
Bought by
Lambright Gerald J and Lambright Ellen M

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
Simons Jeff -- Fidelity National Title
Simons Jeff -- None Available
J & M Rentals Llc -- Meridian Title Commercial
Chupp Jeffrey E -- Lawyers Title
Wells Fargo Bank Na $56,000 None Available
Bender Jeffrey L -- Heritage Title Company Inc
Simons Jeffrey W -- Meridian Title Corp
Lambright Gerald J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & M Rentals Llc $232,000
Previous Owner Chupp Jeffrey E $22,500
Previous Owner Bender Jeffrey L $54,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $22,050 +2105.0% $20 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $1,000 -- $1 / 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 $958 $49,200 $8,600 $40,600
2022 $958 $40,800 $8,600 $32,200
2021 $790 $38,200 $8,600 $29,600
2020 $840 $38,200 $8,600 $29,600
2019 $645 $29,300 $2,700 $26,600
2018 $613 $38,800 $8,600 $30,200
2017 $640 $28,800 $2,700 $26,100
2016 $639 $28,800 $2,700 $26,100
2014 $576 $27,000 $2,700 $24,300
2013 $470 $23,500 $8,600 $14,900
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 201717722

Indiana Regional MLS

APN: 20-06-05-383-011.000-012