NOT LISTED FOR SALE

515 S 6th St Elkhart, IN 46516

West Central Neighborhood

Estimated Value: $87,000 - $102,000

4 Beds
3 Baths
1,806 Sq Ft
$53/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $50,000 $28 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $546/month

1 Day on Market

About This Home

As of June 2018

Updated 3 unit investment property. The property was completely remodeled last year. Electric updated and meters separated,new furnace, new flooring, kitchens, and bathrooms throughout.

Last Agent to Sell the Property

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 03/25/2018

McKinnies Realty, LLC Elkhart

Last Buyer's Agent

Joshua Schirr

McKinnies Realty, LLC Elkhart Listed on: 03/25/2018

McKinnies Realty, LLC Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1900

Lot Details

  • 3,241 Sq Ft Lot
  • Lot Dimensions are 45x72

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Concord West Side Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for heating, trash collection, water
  • Assessor Parcel Number 20-06-08-108-006.000-012

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,800
  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Water Sewer Expense $480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$714

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Math & Mcn S 45X72FT Lot 481 |
  • Parcel Number ID: 20-06-08-108-006.000-012
  • Platted: Yes
  • Amenities: Cable Available
  • Special Features: None

Interior Features

  • Total Sq Ft: 2860
  • Total Finished Sq Ft: 1806
  • Above Grade Finished Sq Ft: 1806
  • Below Grade Sq Ft: 1054
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Total Below Grade Sq Ft: 1054
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 1200
  • Annual Fuel Expense: 1800
  • Annual Insurance Expense: 800
  • Annual Maintenance Expense: 1200
  • Annual Water Sewer Expense: 480

Schools

  • Elementary School: Concord West Side

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 45x72
  • Estimated Lot Sq Ft: 3241
  • Estimated Lot Size Acres: 0.0744
  • Lot Number: 481

Rental Info

  • Lease Term: 1 Year, Week to Week
  • Owner Pays: Heating, Trash Collection, Water
  • Tenant Pays: Electric

Tax Info

  • Annual Property Tax: 714

Multi Family

  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Concord
  • Middle School: Concord
  • School District: Concord Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2019
Sold by
Tanisha Nichols Kiwhonie
Bought by
Nichols Roxanne and Rogers Darrion
Current Estimated Value
$95,274

Purchase Details

Closed on
May 30, 2019
Sold by
Tanisha Nichols Kiwhonie
Bought by
Nichols Roxanne and Rogers Darrion

Purchase Details

Listed on
Mar 25, 2018
Closed on
May 7, 2018
Sold by
Platt John M and Platt Trudy K
Bought by
Nichols Kiwhonie
Seller's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
Buyer's Agent
Joshua Schirr
McKinnies Realty, LLC Elkhart
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Platt John M and Platt Trudy K
Bought by
Nichols Kiwhonie

Purchase Details

Closed on
Jul 18, 2012
Sold by
Platt Christopher A
Bought by
Platt John M and Platt Trudy K

Purchase Details

Closed on
May 8, 2009
Sold by
Platt John M and Platt Trudy K
Bought by
Platt John M and Platt Trudy K
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
Nichols Roxanne -- --
Nichols Roxanne -- --
Nichols Kiwhonie -- None Listed On Document
Nichols Kiwhonie -- None Available
Platt John M -- Meridian Title
Platt John M -- Meridian Title Corp
Platt John M -- Meridian Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $50,000 -9.1% $28 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $55,000 -- $30 / 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 $569 $49,300 $4,500 $44,800
2022 $366 $42,700 $4,500 $38,200
2021 $335 $37,100 $4,500 $32,600
2020 $754 $34,200 $4,500 $29,700
2019 $901 $31,400 $4,500 $26,900
2018 $174 $28,800 $4,500 $24,300
2017 $169 $27,600 $4,500 $23,100
2016 $157 $26,500 $4,500 $22,000
2014 $147 $27,000 $4,500 $22,500
2013 $158 $27,600 $4,500 $23,100
Source: Public Records

Agents Affiliated with this Home

  • Joshua Schirr

    Seller's Agent in 2018

    Joshua Schirr

    McKinnies Realty, LLC Elkhart

    (574) 606-7771

    1 in this area

    91 Total Sales

    Joshua Schirr
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Map

Source: Indiana Regional MLS

MLS Number: 201811436

Indiana Regional MLS

APN: 20-06-08-126-025.000-012

Indiana Elkhart County Elkhart 46516 West Central

515 S 6th St, Elkhart, IN

Not Listed for Sale

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